MORGAN STANLEY GROUP INC /DE/
SC 13G/A, 1997-02-12
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 2 )


                         Health Management Systems Inc
                                (Name of Issuer)

                                  Common Stock
                         (Title of class of securities)

                                   42219M100
                                 (CUSIP number)
 
         Check the following box if a fee is being paid with this statement \ \
         (A fee is not required only if the filing person: (1) has a previous
         statement on file reporting beneficial ownership of more than five
         percent of the class of securities described in Item 1; and (2) has
         filed no amendment subsequent thereto reporting beneficial ownership of
         five percent or less of such class.) (See Rule 13d-7).


         The remainder of this cover page shall be filled out for a reporting
         person's initial filing on this form with respect to the subject class
         of securities, and for any subsequent amendment containing information
         which would alter the disclosures provided in a prior cover page.

         The information required in the remainder of this cover page shall not
         be deemed to be "filed" for the purpose of Section 18 of the Securities
         Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
         that section of the Act but shall be subject to all other provisions of
         the Act (however, see the notes).
<PAGE>   2
CUSIP No.           42219M100           13G       Page 2 of 6 Pages

      1      NAME OF REPORTING PERSONS
             S.S.  OR  I.R.S.  IDENTIFICATION NO. OF ABOVE PERSONS
                    Morgan Stanley Group Inc. 
                    IRS # 13-283-8891
     
      2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                      ----
                                                                   (a)
                                                                      ----
                                                                   (b)
                                                                      ----
      3      SEC USE ONLY


      4      CITIZENSHIP OR PLACE OF ORGANIZATION
                    The state of organization is Delaware.

  NUMBER OF                    5    SOLE VOTING POWER
   SHARES                                         0
  BENEFICIALLY                 6    SHARED VOTING POWER
  OWNED BY                                    7,050
    EACH                       7    SOLE DISPOSITIVE POWER
  REPORTING                                       0
  PERSON WITH                  8    SHARED DISPOSITIVE POWER
                                              7,050

      9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 

                 7,050

      10    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
            SHARES*


      11    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                 0.04% 
                    
      12    TYPE OF REPORTING PERSON*

               IA, CO

                     * SEE INSTRUCTIONS BEFORE FILLING OUT !
<PAGE>   3
CUSIP No.     42219M100           13G                     Page  3 of  6 Pages

Item  1 (a)                 Name  of  Issuer

                            Health Management Systems Inc

Item  1 (b)                 Address  of  issuer's  principal  executive  offices

                            401 Park Avenue South
                            New York, New York  10016

Item  2 (a)                 Name  of  person  filing

                            Morgan  Stanley  Group  Inc.

Item  2 (b)                 Principal  business  office

                            1585 Broadway
                            New  York,  New  York  10036

Item  2 (c)                 Citizenship

                            Incorporated by reference to Item 4 of the cover
                            page pertaining to each reporting person.

Item  2 (d)                 Title  of  class  of  Securities

                            Common  Stock

Item  2 (e)                 Cusip  No.

                            42219M100

Item  3                     Morgan Stanley Group Inc. is (e) an Investment
                            Adviser registered under section 203 of the   
                            Investment Advisers Act of 1940               
 
Item  4                     Ownership

                            Incorporated by reference to Items (5) - (9) and
                            cover page.
<PAGE>   4
CUSIP No.   42219M100               13G                     Page   4 of  6 Pages



Item    5            Ownership  of  5  Percent  or  Less  of  a  Class

                     As of the date hereof, Morgan Stanley Group Inc. has ceased
                     to be the beneficial owner of more than five percent of the
                     class of securities.
                     

Item    6            Ownership of More than 5 Percent on Behalf of Another
                     Person                                               
                                                                          
                     Inapplicable.                                        

Item    7            Identification and Classification of the Subsidiary Which
                     Acquired the Security Being Reported on By the Parent      
                     Holding Company                                           
                                                                               
                     Inapplicable

Item    8            Identification and Classification of Members of the Group

                     Inapplicable

Item    9            Notice  of  Dissolution  of  Group

                     Inapplicable

Item    10           Certification

                     By signing below I certify that, to the best of my
                     knowledge and belief, the securities referred to above were
                     acquired in the ordinary course of business and were not
                     acquired for the purpose of and do not have the effect of
                     changing or influencing the control of the issuer of such
                     securities and were not acquired in connection with or as a
                     participant in any transaction having such purpose or
                     effect.
<PAGE>   5
CUSIP No.  42219M100                    13G                    Page 5 of 6 Pages




                       After reasonable inquiry and to the best of my knowledge
                       and belief, I certify that the information set forth in
                       this statement is true, complete and correct.


   Date :           February  11,  1997

   Signature :      /s/ Edward J. Johnsen
                    ----------------------

   Name / Title:    Edward  J.  Johnsen  /  Vice President 
                    Morgan Stanley  &  Co. Incorporated
                    MORGAN  STANLEY  GROUP  INC.



               INDEX  TO  EXHIBITS                                     PAGE


   EXHIBIT  1  Secretary's Certificate Authorizing Edward J. Johnsen    6
               to Sign on behalf of Morgan Stanley Group Inc.


<PAGE>   1
                                                          -----------------     
                                                          Page 6 of 6 Pages
                                                          -----------------
                                 

                                  EXHIBIT 1
                                      
                                      
                                MORGAN STANLEY
                                      
                           SECRETARY'S CERTIFICATE
                                      
                  I, Charlene R. Herzer, a duly elected and acting Assistant
Secretary of Morgan Stanley Group Inc., a corporation organized and existing
under the laws of the State of Delaware (the "Corporation"), certify that the
following resolutions were duly and validly adopted by a Consent in Lieu of a
Meeting of the Executive Committee of the Board of Directors of the Corporation
dated as of October 19, 1995 and that such resolutions are in full force and
effect on the date hereof:

                  RESOLVED, that the resolutions adopted on September 8, 1993
         and April 17, 1995 relating to signatories to certain reports to be
         filed with the Securities and Exchange Commission (the "SEC") are
         superseded in their entirety by these resolutions and Stuart J. M.
         Breslow, Robert G. Koppenol and Edward J. Johnsen are severally
         authorized and directed to sign on behalf of the Corporation any
         reports to be filed under Section 13 and Section 16 of the Securities
         Exchange Act of 1934, as amended, and the rules and regulations
         thereunder, with the Securities and Exchange Commission, such
         authorizations to cease automatically upon termination of employment
         with any affiliate of the Corporation; and

                  RESOLVED FURTHER, that all actions heretofore taken by Stuart
         J. M. Breslow, Robert G. Koppenol and Edward J. Johnsen that are within
         the authority conferred by the foregoing resolution are approved,
         ratified and confirmed in all respects.

                  RESOLVED, that any and all actions to be taken, caused to be
         taken or heretofore taken by any officer of the Corporation in
         executing any and all documents, agreements and instruments and in
         taking any and all steps (including the payment of all expenses) deemed
         by such officer as necessary or desirable to carry out the intents and
         purposes of the foregoing resolutions are authorized, ratified and
         confirmed.

                  IN WITNESS WHEREOF, I have hereunto set my name and affixed
the seal of the Corporation as of the 20th day of October, 1995:

                                            /S/ Charlene R. Herzer
                                            ------------------------------------
                                            CHARLENE R. HERZER
                                            ASSISTANT SECRETARY

[SEAL]


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