<PAGE> 1
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 9, 1996
REGISTRATION NO.
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- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
FORM S-3
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
------------------------
BEVERLY ENTERPRISES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 95-4100309
(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
5111 ROGERS AVENUE, SUITE 40-A
FORT SMITH, ARKANSAS 72919-0155
(501) 452-6712
(ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF
REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)
------------------------
SEE TABLE OF ADDITIONAL CO-REGISTRANTS INCLUDED HEREWITH
------------------------
ROBERT W. POMMERVILLE
EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
5111 ROGERS AVENUE, SUITE 40-A
FORT SMITH, ARKANSAS 72919-0155
(501) 452-6712
(NAME, ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE,
OF AGENT FOR SERVICE)
------------------------
THE COMMISSION IS REQUESTED TO SEND COPIES OF ALL COMMUNICATIONS TO:
GARY OLSON, ESQ. MARK C. SMITH, ESQ.
LATHAM & WATKINS SKADDEN, ARPS, SLATE, MEAGHER & FLOM
633 WEST FIFTH STREET, SUITE 4000 919 THIRD AVENUE
LOS ANGELES, CALIFORNIA 90071 NEW YORK, NEW YORK 10022
(213) 485-1234 (212) 735-3000
------------------------
APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC:
As soon as practicable after the effective date of this Registration Statement.
------------------------
If the only securities being registered on this Form are being offered
pursuant to dividend or interest reinvestment plans, please check the following
box. / /
If any of the Securities being registered on this Form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, as amended (the "Securities Act"), other than securities offered only in
connection with dividend or interest reinvestment plans, please check the
following box. / /
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, check the following box and
list the Securities Act registration statement number of the earlier effective
registration statement from the same offering. /X/ Registration No. 33-64111
If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
from the same offering. / /
If delivery of the prospectus is expected to be made pursuant to Rule 434,
check the following box. / /
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CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
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- ----------------------------------------------------------------------------------------------------------
PROPOSED PROPOSED
AMOUNT MAXIMUM MAXIMUM AMOUNT OF
TITLE OF EACH CLASS OF TO BE OFFERING PRICE AGGREGATE REGISTRATION
SECURITIES TO BE REGISTERED(1) REGISTERED PER UNIT OFFERING PRICE(1) FEE(2)
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<S> <C> <C> <C> <C>
Senior Notes.......................... $30,000,000 100% $30,000,000 $10,345
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</TABLE>
(1) Estimated solely for the purpose of calculating the registration fee. The
amount of the filing fee, calculated in accordance with Rule 457(o) of the
rules and regulations under the Securities Act.
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<PAGE> 2
TABLE OF ADDITIONAL CO-REGISTRANTS
<TABLE>
<CAPTION>
(STATE OR OTHER
(EXACT NAME OF JURISDICTION OF
CO-REGISTRANT AS INCORPORATION OR (I.R.S. EMPLOYER
SPECIFIED IN ITS CHARTER) ORGANIZATION) IDENTIFICATION NO.)
- ------------------------------------------------ --------------------- ---------------------
<S> <C> <C>
A.B.C. Health Equipment Corp.................... New York 13-3043192
AdviNet, Inc.................................... Delaware 71-0758986
AGI-Camelot, Inc................................ Missouri 43-1253376
AGI-McDonald County Health Care, Inc............ Missouri 43-1253385
Alliance Health Services, Inc................... Delaware 22-3226432
Alliance Home Health Care, Inc.................. Connecticut 06-1341698
Amco Medical Service, Inc....................... Texas 75-1288363
American Transitional Care Centers of Texas,
Inc........................................... Texas 76-0298534
American Transitional Care Dallas -- Ft. Worth,
Inc........................................... Texas 76-0322331
American Transitional Health Care, Inc.......... Delaware 76-0292237
American Transitional Hospitals, Inc............ Delaware 76-0232151
American Transitional Hospitals of Indiana,
Inc........................................... Indiana 35-1903972
American Transitional Hospitals of Oklahoma,
Inc........................................... Oklahoma 74-2689039
American Transitional Hospitals of Tennessee,
Inc........................................... Tennessee 62-1562740
American Transitional Hospitals -- Texas Medical
Center, Inc................................... Delaware 71-0779078
ATH -- Clear Lake, Inc.......................... Delaware 71-0776296
ATH Columbus, Inc............................... Delaware 71-0776295
ATH Del Oro, Inc................................ Texas 62-1578954
ATH Heights, Inc................................ Texas 76-0442017
ATH Oklahoma City, Inc.......................... Oklahoma 73-1465199
ATH Tucson, Inc................................. Arizona 71-0765364
Beverly Acquisition Corporation................. Delaware 71-0765364
Beverly Assisted Living, Inc.................... Delaware 71-0777901
Beverly Health and Rehabilitation Services,
Inc. ......................................... California 95-2301514
Beverly Enterprises -- Alabama, Inc............. California 95-3742145
Beverly Enterprises -- Arizona, Inc............. California 95-3750871
Beverly Enterprises -- Arkansas, Inc............ California 95-3751272
Beverly Enterprises -- California, Inc.......... California 95-3750879
Beverly Enterprises -- Colorado, Inc............ California 95-3750882
Beverly Enterprises -- Connecticut, Inc......... California 95-3849642
Beverly Enterprises -- Delaware, Inc............ California 95-3849628
Beverly Enterprises -- Distribution Services,
Inc........................................... California 95-4081567
Beverly Enterprises -- District of Columbia,
Inc........................................... California 95-3750889
Beverly Enterprises -- Florida, Inc............. California 95-3742251
Beverly Enterprises -- Garden Terrace, Inc...... California 95-3849648
Beverly Enterprises -- Georgia, Inc............. California 95-3750880
Beverly Enterprises -- Hawaii, Inc.............. California 95-3750890
Beverly Enterprises -- Idaho, Inc............... California 95-3750886
Beverly Enterprises -- Illinois, Inc............ California 95-3750883
Beverly Enterprises -- Indiana, Inc............. California 95-3744258
Beverly Enterprises -- Iowa, Inc................ California 95-3751271
Beverly Enterprises -- Kansas, Inc.............. California 95-3751269
Beverly Enterprises -- Kentucky, Inc............ California 95-3750894
Beverly Enterprises -- Louisiana, Inc........... California 95-3849633
Beverly Enterprises -- Maine, Inc............... California 95-3849627
Beverly Enterprises -- Maryland, Inc............ California 95-3750892
Beverly Enterprises -- Massachusetts, Inc....... California 95-3750893
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
(STATE OR OTHER
(EXACT NAME OF JURISDICTION OF
CO-REGISTRANT AS INCORPORATION OR (I.R.S. EMPLOYER
SPECIFIED IN ITS CHARTER) ORGANIZATION) IDENTIFICATION NO.)
- ------------------------------------------------ --------------------- ---------------------
<S> <C> <C>
Beverly Enterprises -- Michigan, Inc............ California 95-3898661
Beverly Enterprises -- Minnesota, Inc........... California 95-3742698
Beverly Enterprises -- Mississippi, Inc......... California 95-3742144
Beverly Enterprises -- Missouri, Inc............ California 95-3750895
Beverly Enterprises -- Montana, Inc............. California 95-3849636
Beverly Enterprises -- Nebraska, Inc............ California 95-3750873
Beverly Enterprises -- Nevada, Inc.............. California 95-3750896
Beverly Enterprises -- New Hampshire, Inc....... California 95-3849630
Beverly Enterprises -- New Jersey, Inc.......... California 95-3750884
Beverly Enterprises -- New Mexico, Inc.......... California 95-3750869
Beverly Enterprises -- North Carolina, Inc...... California 95-3742257
Beverly Enterprises -- North Dakota, Inc........ California 95-3751270
Beverly Enterprises -- Ohio, Inc................ California 95-3750867
Beverly Enterprises -- Oklahoma, Inc............ California 95-3849624
Beverly Enterprises -- Oregon, Inc.............. California 95-3750881
Beverly Enterprises -- Pennsylvania, Inc........ California 95-3750870
Beverly Enterprises -- Rhode Island, Inc........ California 95-3849621
Beverly Enterprises -- South Carolina, Inc...... California 95-3750866
Beverly Enterprises -- Tennessee, Inc........... California 95-3742261
Beverly Enterprises -- Texas, Inc............... California 95-3744256
Beverly Enterprises -- Utah, Inc................ California 95-3751089
Beverly Enterprises -- Vermont, Inc............. California 95-3750885
Beverly Enterprises -- Virginia, Inc............ California 95-3742694
Beverly Enterprises -- Washington, Inc.......... California 95-3750868
Beverly Enterprises -- West Virginia, Inc....... California 95-3750888
Beverly Enterprises -- Wisconsin, Inc........... California 95-3742696
Beverly Enterprises -- Wyoming, Inc............. California 95-3849638
Beverly Enterprises Japan Limited............... California 95-3982125
Beverly Enterprises Medical Equipment
Corporation................................... California 95-3849617
Beverly Enterprises Rehabilitation
Corporation................................... California 95-3849619
Beverly Holdings I, Inc......................... Delaware 71-0768985
Beverly Manor Inc. of Hawaii.................... California 99-0144750
Beverly Real Estate Holdings, Inc............... Delaware 71-0768984
Beverly REMIC Depositor, Inc.................... California 95-4183372
Beverly Savana Cay Manor, Inc................... California 95-4217381
Brownstone Pharmacy, Inc........................ Connecticut 06-0760884
Columbia-Valley Nursing Home, Inc............... Ohio 34-1262298
Commercial Management, Inc...................... Iowa 42-0891358
Computran Systems, Inc.......................... Oregon 93-0675109
Continental Care Centers of Council Bluffs,
Inc........................................... Iowa 41-1413442
DD Wholesale, Inc............................... Massachusetts 04-3133621
Dunnington Drug, Inc............................ Delaware 22-3122469
Dunnington Rx Services of Rhode Island, Inc..... Rhode Island 05-0460848
Dunnington Rx Services of Massachusetts, Inc.... Massachusetts 04-3128047
Forest City Building Ltd........................ Missouri 43-1102460
Hallmark Convalescent Homes, Inc................ Michigan 41-1413478
Healthcare Prescription Services, Inc........... Indiana 35-1868731
Home Medical Systems, Inc....................... Delaware 23-2271050
Hospice Preferred Choice, Inc................... Delaware 71-0761314
Hospital Facilities Corporation................. California 95-2499218
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
(STATE OR OTHER
(EXACT NAME OF JURISDICTION OF
CO-REGISTRANT AS INCORPORATION OR (I.R.S. EMPLOYER
SPECIFIED IN ITS CHARTER) ORGANIZATION) IDENTIFICATION NO.)
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<S> <C> <C>
Insta-Care Holdings, Inc........................ Florida 59-2213553
Insta-Care Pharmacy Services Corporation........ Texas 59-1817412
Insurance Software Packages, Inc................ Florida 59-3090233
Kenwood View Nursing Home, Inc.................. Kansas 48-6111286
Liberty Nursing Homes, Incorporated............. Virginia 54-0784334
Medical Arts Health Facility of Lawrenceville,
Inc........................................... Georgia 58-1329700
Medical Health Industries, Inc.................. Delaware 39-1140633
MedView Services, Incorporated.................. Florida 59-3090223
Moderncare of Lumberton, Inc.................... North Carolina 56-1217025
Nebraska City S-C-H, Inc........................ Nebraska 41-1413481
Nursing Home Operators, Inc..................... Ohio 34-0949279
Omni Med B, Inc................................. Connecticut 06-1303450
Petersen Health Care, Inc....................... Florida 59-2043392
Pharmacy Corporation of America................. California 95-3849613
Pharmacy Corporation of
America -- Massachusetts, Inc................. Delaware 71-0776297
Pharmacy Dynamics Group, Inc.................... Florida 65-0166808
Phymedsco, Inc.................................. West Virginia 55-0582953
Resource Opportunities, Inc..................... Florida 58-1930884
Salem No. 1, Inc................................ Missouri 43-1130257
South Alabama Nursing Home, Inc................. Alabama 95-3809397
South Dakota -- Beverly Enterprises, Inc........ California 95-3750887
Spectra Rehab Alliance, Inc..................... Delaware 71-0759298
Synergos, Inc................................... California 33-0203515
Synergos -- North Hollywood, Inc................ California 33-0242556
Synergos -- Pleasant Hill, Inc.................. California 33-0256657
Synergos -- Scottsdale, Inc..................... Arizona 94-3085083
Taylor County Health Facility, Inc.............. Florida 59-1779865
TMD Disposition Company......................... Florida 59-3151568
Vantage Healthcare Corporation.................. Delaware 35-1572998
</TABLE>
<PAGE> 5
The contents of the registration statement on Form S-3 (No. 33-64111) filed by
Beverly Enterprises, Inc. pursuant to the Securities Act of 1933, as amended
(the "Securities Act"), are hereby incorporated by reference in this
Registration Statement.
<PAGE> 6
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant has duly
caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Fort Smith, State of
Arkansas on February 8, 1996.
For the Registrants set forth in the
facing page and on the table of
additional Co-Registrants
By: /s/ DAVID R. BANKS
--------------------------------
David R. Banks
Chairman of the Board
and Chief Executive Officer
of Beverly Enterprises, Inc.
Pursuant to the requirements of the Securities Act, this Registration
Statement has been signed by the following persons in the capacities and on the
dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
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<C> <S> <C>
/s/ DAVID R. BANKS Chairman of the Board, Chief February 8, 1996
- --------------------------------------------- Executive Officer and
David R. Banks Director
/s/ SCOTT M. TABAKIN Senior Vice President, Acting February 8, 1996
- --------------------------------------------- Chief Financial Officer,
Scott M. Tabakin Controller and Chief
Accounting Officer
Director February 8, 1996
- ---------------------------------------------
Beryl F. Anthony, Jr.
/s/ JAMES R. GREENE Director February 8, 1996
- ---------------------------------------------
James R. Greene
/s/ EDITH E. HOLIDAY Director February 8, 1996
- ---------------------------------------------
Edith E. Holiday
Director February 8, 1996
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Jon E. M. Jacoby
Director February 8, 1996
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Risa J. Lavizzo-Mourey
/s/ LOUIS W. MENK Director February 8, 1996
- ---------------------------------------------
Louis W. Menk
/s/ MARILYN R. SEYMANN Director February 8, 1996
- ---------------------------------------------
Marilyn R. Seymann
/s/ BOYD W. HENDRICKSON Director February 8, 1996
- ---------------------------------------------
Boyd W. Hendrickson
</TABLE>
2
<PAGE> 7
EXHIBIT INDEX
<TABLE>
<CAPTION>
SEQUENTIALLY
EXHIBIT NUMBERED
NUMBER DESCRIPTION PAGE
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<S> <C> <C>
1.1 Form of Underwriting Agreement.................................
4.1 Form of Indenture..............................................
4.2 Form of Specimen Senior Note (included in Exhibit 4.1).........
*5.1 Opinion of Latham & Watkins as to validity of Senior Notes.....
12.1 Computation of Ratio of Earnings to Fixed Charges..............
*23.1 Consent of Ernst & Young LLP...................................
*23.2 Consent of Latham & Watkins (included in its opinion filed as
Exhibit 5.1)...................................................
25.1 Statement of Eligibility of Trustee on Form T-1................
</TABLE>
- ---------------
* Filed herewith.
<PAGE> 1
EXHIBIT 5.1
LATHAM & WATKINS
Attorneys at Law
633 West Fifth Street, Suite 4000
Los Angeles, California 90071-2007
Telephone (213) 485-1234
Fax (213) 891-8763
February 9, 1996
Beverly Enterprises, Inc.
5111 Rogers Ave., Suite 40-A
Ft. Smith, Arkansas 72919-1000
Re: Registration Statement with respect to
$30,000,000 Aggregate Principal Amount
of Senior Notes due 2006
Ladies and Gentlemen:
In connection with the registration of $30,000,000 aggregate
principal amount of 9% Senior Notes due 2006 (the "Securities"), by Beverly
Enterprises, Inc., a Delaware corporation (the "Company"), and the guarantees
of the Securities (the "Guarantees") by the entities set forth in the table of
additional co-registrants contained in the Registration Statement (as defined
below) ("Guarantors"), under the Securities Act of 1933, as amended (the
"Act"), on Form S-3 filed with the Securities and Exchange Commission (the
"Commission") on February 9, 1996 (the "Registration Statement") you have
requested our opinion with respect to the matters set forth below.
<PAGE> 2
Beverly Enterprises, Inc. EXHIBIT 5.1
February 9, 1996
Page 2
In our capacity as your special counsel in connection with
such registration, we are familiar with the proceedings taken and proposed to
be taken by the Company and the Guarantors in connection with the authorization
and issuance of the Securities and the Guarantees, respectively, and for the
purposes of this opinion, have assumed such proceedings will be timely
completed in the manner presently proposed. In addition, we have made such
legal and factual examinations and inquiries, including an examination of
originals or copies certified or otherwise identified to our satisfaction of
such documents, corporate records and instruments, as we have deemed necessary
or appropriate for purposes of this opinion.
In our examination, we have assumed the genuineness of all
signatures, the authenticity of all documents submitted to us as originals, and
the conformity to authentic original documents of all documents submitted to us
as copies.
We are opining herein as to the effect on the subject
transaction only of the internal laws of the State of New York and the General
Corporation Law of the State of Delaware, and we express no opinion with
respect to the applicability thereto, or the effect thereon, of the laws of any
other jurisdiction or, in the case of Delaware, any other laws, or as to any
matters of municipal law or the laws of any other local agencies within the
state.
Capitalized terms used herein without definition have the
meanings ascribed to them in the Registration Statement.
Subject to the foregoing and the other matters set forth
herein, it is our opinion that as of the date hereof:
(1) The Securities have been duly authorized by all necessary
corporate action of the Company, and when executed, authenticated and delivered
by or on behalf of the Company against payment therefor in accordance with the
terms of the Indenture, will constitute legally valid and binding obligations
of the Company, enforceable against the Company in accordance with their terms.
(2) Each of the Guarantees has been duly authorized by all necessary
corporate action of the respective Guarantor, and when executed in accordance
with the terms of the Indenture and upon due execution, authentication and
delivery of the Securities and upon payment therefor, will be the legally valid
and binding obligation of the respective Guarantor, enforceable against such
Guarantor in accordance with its terms.
<PAGE> 3
Beverly Enterprises, Inc. EXHIBIT 5.1
February 9, 1996
Page 3
The opinions rendered in paragraphs 1 and 2 above relating to
the enforceability of the Securities and the Guarantees are subject to the
following exceptions, limitations and qualifications: (i) the effect of
bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or
other similar laws now or hereafter in effect relating to or affecting the
rights and remedies of creditors, including, without limitation, the effect on
the Guarantees of Section 547 or 548 of the federal Bankruptcy Code and
comparable provisions of state law; (ii) the effect of general principles of
equity, whether enforcement is considered in a proceeding in equity or at law,
and the discretion of the court before which any proceeding therefor may be
brought; (iii) the unenforceability under certain circumstances under law or
court decisions of provisions providing for the indemnification of or
contribution to a party with respect to a liability where such indemnification
or contribution is contrary to public policy; and (iv) the unenforceability of
any provision requiring the payment of attorney's fees, except to the extent
that a court determines such fees to be reasonable.
To the extent that the obligations of the Company and the
Guarantors under the Indenture may be dependent upon such matters, we assume
for purposes of this opinion that the Trustee is duly organized, validly
existing and in good standing under the laws of its jurisdiction of
organization; that the Trustee is duly qualified to engage in the activities
contemplated by the Indenture; that the Indenture has been duly authorized,
executed and delivered by the Trustee and constitutes the legally valid,
binding and enforceable obligation of the Trustee enforceable against the
Trustee in accordance with its terms; that the Trustee is in compliance,
generally and with respect to acting as a trustee under the Indenture, with all
applicable laws and regulations; and that the Trustee has the requisite
organizational and legal power and authority to perform its obligations under
the Indenture.
This opinion is rendered only to you and is solely for your
benefit in connection with the transactions covered hereby. This opinion may
not be relied upon by you for any other purpose, or furnished to, quoted to, or
relied upon by any other person, firm or corporation for any purpose, without
our prior written consent.
We consent to your filing this opinion as an exhibit to the
Registration Statement and to the reference to our firm contained under the
heading "Legal Matters."
Very truly yours,
/s/ LATHAM & WATKINS
<PAGE> 1
EXHIBIT 23.1
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the caption "Experts" in the
Registration Statement (Form S-3 No. ) and related Prospectus of Beverly
Enterprises, Inc. for the registration of $30,000,000 of its Senior Notes and
to the incorporation by reference therein of our report dated February 3, 1995,
with respect to the consolidated financial statements and schedule of Beverly
Enterprises, Inc. included in its Annual Report on Form 10-K, as amended, for
the year ended December 31, 1994, filed with the Securities and Exchange
Commission.
ERNST & YOUNG LLP
February 8, 1996
Little Rock, Arkansas
