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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT
(DATE OF EARLIEST EVENT REPORTED): SEPTEMBER 18, 1996
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HORIZON/CMS HEALTHCARE CORPORATION
(Exact name of Registrant as specified in its charter)
DELAWARE 1-9369 91-1346899
(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation or org- Identification No.)
anization)
6001 INDIAN SCHOOL ROAD, N.E.
SUITE 530
ALBUQUERQUE, NEW MEXICO
(Address of principal
executive offices)
87110
(Zip Code)
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ITEM 5. OTHER EVENTS
Horizon/CMS Healthcare Corporation ("Horizon/CMS") announced on Monday,
September 23, 1996, that it learned on September 18, 1996 that the Attorney
General of the State of Michigan is investigating one of its skilled nursing
facilities. The facility, in Howell, Michigan, has been owned and operated
by Horizon/CMS since February 1994.
The investigation appears to involve allegations arising out of a licensing
survey conducted in April 1996. Horizon/CMS believes these allegations are
untrue and, therefore, denies the same. The company is committed to providing
the residents of its facilities with a level of care that meets or exceeds
federal and state requirements.
Horizon/CMS has advised the Michigan Attorney General that it is willing
to cooperate in this investigation. Due to the preliminary nature of this
investigation, Horizon/CMS cannot now predict when the investigation will be
completed; the ultimate outcome of the investigation; or the effect thereof
on Horizon/CMS's financial condition or results of operations. If adversely
determined, this investigation could result in the imposition of civil and/or
criminal fines or sanctions against Horizon/CMS, which could have a material
adverse impact on Horizon/CMS's financial condition and/or its results of
operations.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Current Report to be signed on its behalf by
the undersigned, thereunto duly authorized.
HORIZON/CMS HEALTHCARE CORPORATION
By: /s/ SCOT SAUDER
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Scot Sauder
VICE PRESIDENT OF LEGAL AFFAIRS,
SECRETARY AND GENERAL COUNSEL
Date: September 27, 1996.
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