CONTINUCARE CORP
8-K, 1998-05-11
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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 AND EXCHANGE ACT OF 1934


          DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) MAY 6, 1998
                                                           -----------

                             CONTINUCARE CORPORATION
                             -----------------------
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)


                                     FLORIDA
                 ----------------------------------------------
                 (STATE OR OTHER JURISDICTION OF INCORPORATION)


        0-21910                                            59-2716023
- ------------------------                       ---------------------------------
(COMMISSION FILE NUMBER)                       (IRS EMPLOYER IDENTIFICATION NO.)


                             CONTINUCARE CORPORATION
                     100 SOUTHEAST SECOND STREET, 36TH FLOOR
                        MIAMI, FLORIDA                      33131
             -------------------------------------------------------
             (ADDRESS OF PRINCIPAL EXECUTIVE OFFICE)      (ZIP CODE)








        REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (305) 350-7515
                                                           --------------

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ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

                  The accounting firm of Deloitte & Touche LLP ("Deloitte &
Touche") represented Continucare Corporation (the "Company") as its independent
accountants during fiscal year 1997 and was dismissed by the Company's Board of
Directors on May 6, 1998. During the Company's two most recent fiscal years and
subsequent interim periods, for which Deloitte & Touche was the Company's
independent auditors, there were no disagreements between the Company and
Deloitte & Touche on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements, if
not resolved to the satisfaction of Deloitte & Touche, would have caused it to
make reference to the subject matter of the disagreement in connection with its
reports. Deloitte & Touche's reports on the financial statements of the Company
for the two most recent fiscal years, for which Deloitte & Touche was the
Company's independent auditors, did not contain an adverse opinion or disclaimer
of opinion, and were not qualified or modified as to uncertainty, audit scope,
or accounting principles. The Company's Board of Directors has appointed Ernst &
Young LLP as the Company's independent accountants for fiscal year 1998.


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

         (a) & (b)         None.

         (c)      Exhibits

                     16    Acknowledgment Letter from Deloitte & Touche LLP
                           regarding its dismissal as the Company's independent
                           public accountants.



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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 hereunto duly authorized.


                                    CONTINUCARE CORPORATION



Date:  May 8, 1998                  By: /s/Charles M. Fernandez
                                        ------------------------------------
                                           Charles M. Fernandez
                                           Chairman, Chief Executive Officer
                                             and President


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                                                                      EXHIBIT 16

                              Deloitte & Touche LLP

May 11, 1998
                                            
                                            
                                            
                                            
                                            


Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549

Dear Sirs/Madams:

We have read and agree with the comments in Item 4 of Form 8-K of Continucare
Corporation dated May 6, 1998.

Yours truly,

/s/ Deloitte & Touche, LLP





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