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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934.
Date of Report (Date of earliest event reported) November 8,
1996.
HEALTH MANAGEMENT, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-18472 75-2096632
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification No.)
incorporation or
organization)
1371-A Abbott Court, Buffalo Grove, Illinois 60089
(Address of principal executive offices) (Zip Code)
(847) 913-2700
(Registrant's telephone number, including area code)
Not Applicable
(Former name, former address and former fiscal year,
if changed since last report.)
Page 1 of 6
Sequentially Numbered Pages
Exhibit Index on page 5
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Item 5. Other Events.
On November 8, 1996 the Registrant issued a press release, a
copy of which is attached as Exhibit 99.1 to this Form 8-K and is
incorporated herein by reference.
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Item 7. Financial Statements and Exhibits.
(c) Exhibits
Exhibit Number Description
99.1 Press release dated November 8, 1996 issued
by the Registrant.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
HEALTH MANAGEMENT, INC.
(Registrant)
Date: November 11, 1996
/s/ James R. Mieszala
Name: James R. Mieszala
Its: Chief Operating Officer
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Index to Exhibits
Exhibit Sequential
Number Description Page No.
99.1 Press release dated November 8, 1996 6
issued by the Registrant.
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Exhibit 99.1
Health Management, Inc.
1371-A Abbott Court
Buffalo Grove, Illinois 60089
Tel: 847-913-2700
Fax: 847-913-2715
FOR IMMEDIATE RELEASE
HEALTH MANAGEMENT, INC. REPORTS RESCHEDULING OF
COURT HEARING INVOLVING CLASS ACTION LAWSUIT
Buffalo Grove, IL - November 8, 1996 . . . Health Management,
Inc. ("HMI") (NNM:HMIS) announced today that the United States
District Court for the Eastern District of New York approved the
request of counsel to the plaintiffs and counsel to HMI to
reschedule consideration of final approval of the Stipulation of
Partial Settlement to December 20, 1996. The Stipulation of
Partial Settlement, which relates to the claims against HMI in
the consolidated class action lawsuit was executed on September
16, 1996 and received preliminary court approval on September 17,
1996. The attorneys informed the court that they are currently
discussing a possible modification to the Stipulation of
Settlement.
The Company's Annual Stockholders' Meeting was held on November
6, 1996 in Rosemont, Illinois. At that meeting, the stockholders
approved an amendment to the certificate of incorporation to
increase the authorized shares to 40,000,000 shares from
21,000,000 shares, including 39,000,000 shares of common stock
and 1,000,000 shares of preferred stock. Stockholders also
approved the management slate of the Board of Directors,
consisting of Andre C. Dimitriadis, W. James Nicol, D. Mark
Weinberg and Dr. Timothy J. Triche.
Health Management, Inc. is a national provider of integrated
pharmacy management services to patients with chronic medical
conditions and to health care professionals, drug manufacturers
and third-party payers involved in their care.
For additional information:
At Edelman Financial:
Diane Perry or Joseph Kist (Investors) Mark Danes (Media)
212-704-8293 or 212-704-8239 212-704-4464
At HMI:
Jim Nicol, President and CEO
847-913-2404
Paul Jurewicz, CFO
847-913-2407
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