<PAGE>
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON SEPTEMBER 16, 1996
REGISTRATION NO. 333-08521
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
POST-EFFECTIVE AMENDMENT NO. 1
TO
FORM S-4
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
------------------------
PARACELSUS HEALTHCARE CORPORATION
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
CALIFORNIA 8062 95-3565943
(State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer
incorporation or organization) Classification Code No.) Identification No.)
</TABLE>
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515 WEST GREENS ROAD
SUITE 800
HOUSTON, TEXAS 77067
(713) 873-6623
(Address, including Zip Code, and telephone number, including area code, of
Registrant's principal executive offices)
------------------------------
ROBERT C. JOYNER
SENIOR VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL
PARACELSUS HEALTHCARE CORPORATION
515 WEST GREEN
SUITE 800
HOUSTON, TEXAS 77067
(713) 873-6623
(Name, address, including Zip Code, and telephone number, including area code,
of agent for service)
------------------------------
COPIES TO:
<TABLE>
<S> <C> <C>
THOMAS C. JANSON, JR. WAYNE M. WHITAKER, ESQ. NEIL T. ANDERSON, ESQ.
SKADDEN, ARPS, SLATE, MEAGHER & FLOM MICHENER, LARIMORE, SWINDLE, WHITAKER, SULLIVAN & CROMWELL
300 SOUTH GRAND AVENUE, SUITE 3400 FLOWERS, SAWYER, REYNOLDS & CHALK, L.L.P. 125 BROAD STREET
LOS ANGELES, CALIFORNIA 90071 3500 CITY CENTER TOWER II NEW YORK, NEW YORK 10004
(213) 687-5000 301 COMMERCE STREET (212) 558-4000
FORT WORTH, TEXAS 76102
(817) 335-4417
</TABLE>
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- --------------------------------------------------------------------------------
<PAGE>
Paracelsus Healthcare Corporation ("Paracelsus") hereby amends its
Registration Statement on Form S-4 (Registration No. 333-08521) (the
"Registration Statement") filed with the Securities and Exchange Commission
("SEC") on July 19, 1996 relating to the merger (the "Merger") of a wholly owned
subsidiary of Paracelsus into Champion Healthcare Corporation ("Champion"), as
described in the Agreement and Plan of Merger, dated as of April 12, 1996, as
amended and restated as of May 29, 1996, to reflect that of the 20,177,711
shares of Paracelsus Common Stock registered for possible issuance, (a) up to
14,966,283 shares of Paracelsus Common Stock with associated share purchase
rights attached ("Rights") were offered (i) in exchange for up to 14,550,247
shares of common stock, par value $0.01 per share, of Champion, upon
consummation of the Merger, (ii) upon the exercise of rights of Champion
subscribable for up to 80,000 shares of Paracelsus Common Stock as a result of
the Merger and (iii) upon the exercise of warrants of Champion (the "Warrants")
exercisable for up to 336,036 shares of Paracelsus Common Stock as a result of
the Merger and (b) up to 5,211,428 shares of Paracelsus Common Stock (and
associated Rights) were offered in exchange for up to 2,605,714 shares of
preferred stock of Champion. A total of 19,841,675 shares of Paracelsus Common
Stock were issued to holders of Champion common stock and Champion preferred
stock in connection with the Merger and upon exercise of subscription rights.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Act of 1933, as amended,
including Rule 478 promulgated thereunder, the registrant has duly caused this
Post-Effective Amendment No. 1 to Form S-4 Registration Statement to be signed
on its behalf by the undersigned, thereunder duly authorized, in the City of
Houston, State of Texas, on the 16th day of September, 1996.
PARACELSUS HEALTHCARE CORPORATION
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<C> <S>
*
- ------------------------------------------- Chairman of the Board
Dr. Manfred George Krukemeyer
* Vice Chairman of the Board and Chief
- ------------------------------------------- Executive Officer (principal executive
R. J. Messenger officer)
/s/ CHARLES R. MILLER
- ------------------------------------------- President, Chief Operating Officer and
Charles R. Miller Director (principal executive officer)
/s/ JAMES G. VANDEVENDER Executive Vice President, Chief Financial
- ------------------------------------------- Officer and Director (principal financial
James G. VanDevender officer)
/s/ ROBERT STARLING
- ------------------------------------------- Controller (principal accounting officer)
Robert Starling
*
- ------------------------------------------- Director
Michael D. Hofmann
*
- ------------------------------------------- Director
Christian A. Lange
- -------------------------------------------
James A. Conroy Director
- -------------------------------------------
Angelo R. Mozilo Director
- -------------------------------------------
Daryl J. White Director
/s/ ROBERT C. JOYNER
- ------------------------------------------- Attorney-in-fact for the persons marked
Robert C. Joyner above with an *
</TABLE>
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