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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
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FIRST HEALTH GROUP CORP.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
320960107
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(CUSIP Number)
*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).
Schedule is filed pursuant to Rule 13d-1(b)
Page 1 of 8 pages
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CUSIP No. 320960107 13G Page 2 of 8 Pages
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NAMES OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Wanger Asset Management, L.P. 36-3820584
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
3,578,000
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
3,578,000
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
3,578,000
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.29%
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TYPE OF REPORTING PERSON*
12
IA
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 320960107 13G Page 3 of 8 Pages
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NAMES OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Wanger Asset Management, Ltd.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
3,578,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
3,578,000
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
3,578,000
- ------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable [_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.29%
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TYPE OF REPORTING PERSON*
12
CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 320960107 13G Page 4 of 8 Pages
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NAMES OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Acorn Investment Trust
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Massachusetts
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,527,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,527,000
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,527,000
- ------------------------------------------------------------------------------
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.15%
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TYPE OF REPORTING PERSON*
12
IV
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1(a) Name of Issuer:
FIRST HEALTH GROUP CORP.
(b) Address of Issuer's Principal Executive Offices:
3200 Highland Avenue
Downers Grove, Illinois 60515
Item 2(a) Name of Person Filing:
Wanger Asset Management, L.P. ("WAM")
Wanger Asset Management Ltd., the general partner of WAM
("WAM LTD")
Acorn Investment Trust ("Acorn")
(b) Address of Principal Business Office or, if none, Residence:
WAM, WAM LTD. and Acorn are all located at:
227 West Monroe Street, Suite 3000
Chicago, Illinois 60606
(c) Citizenship:
WAM is a Delaware limited partnership; WAM LTD, is a Delaware
corporation; and Acorn is a Massachusetts business trust.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
320960107
Item 3: Type of Person:
(d) Acorn is an Investment Company under section 8 of the
Investment Company Act.
(e) WAM is an Investment Adviser registered under section 203 of
the Investment Advisers Act of 1940; WAM LTD. is the General
Partner of the Investment Adviser.
Page 5 of 8 Pages
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Item 4: Ownership (at December 31, 1999):
(a) Amount owned "beneficially" within the meaning of rule
13d-3:
3,578,000
(b) Percent of class:
7.29%
(c) Number of shares to which such person has:
(i) Sole Power to vote or to direct the vote: none
(ii) Shared power to vote or to direct the vote:
3,578,000
(iii) Sole Power to dispose or to direct the
disposition of: none
(iv) Shared power to dispose or to direct the
disposition of: 3,578,000
Item 5: Ownership of Five Percent or Less of a Class:
Not applicable.
Item 6: Ownership of More than Five Percent on Behalf of Another Person:
The shares reproted herein have been acquired on behalf of
discretionary clients of WAM, including Acorn. Persons other than
WAM and WAM LTD, are entitled to receive all dividends from, and
proceeds from the sale of, those shares. Acorn is the only such
person known to be entitled to all dividends from, and all
proceeds from the sale of, shares reported herein to the extent
of more than 5% of the class.
Item 7: Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Not Applicable.
Item 8: Identification and Classification of Members of the Group:
Not Applicable.
Item 9: Notice of Dissolution of a Group:
Not Applicable.
Page 6 of 8 Pages
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Item 10: Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
ar not held in connection with or as a participant in any transaction
having that purpose or effect.
Page 7 of 8 Pages
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SIGNATURE
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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, 2000
The undersigned corporation, on the date above written,
agrees and consents to the joint filing on its behalf of
this Schedule 13G in connection with its beneficial
ownership of the security reported herein.
WANGER ASSET MANAGEMENT, LTD.
for itself and as general partner of
WANGER ASSET MANAGEMENT, L.P.
By: /s/ Bruce H. Lauer
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Bruce H. Lauer
Vice President
The undersigned, on the date above written, agrees and
consents to the joint filing on its behalf of this Schedule
13G in connection with its beneficial ownership of the
security reported herein.
ACORN INVESTMENT TRUST
By: /s/ Bruce H. Lauer
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Bruce H. Lauer
Vice President and Treasurer
Page 8 of 8 Pages
