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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): December 10, 1997
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OptimumCare Corporation
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(Exact name of registrant as specified in its charter)
Delaware 0-17401 33-0218003
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(State or other jurisdiction (Commission File Number) (IRS Employer
jurisdiction of incorporation) Identification No.)
30011 Ivy Glenn Drive, Suite 219, Laguna Niguel, CA 92677
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (714) 495-1100
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Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Not applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
Not applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
Not applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Not applicable.
ITEM 5. OTHER EVENTS.
The Registrant plans to convert three existing outpatient care sites to
joint OptimumCare/Galaxy Health Care facilities as part of Registrant's
previously announced alliance with Galaxy Health Care. The conversion will take
place following receipt of behavioral health care provider numbers for the
programs. Programs operated at the sites, located in Long Beach, Baldwin Park
and El Monte, California, will continue to be managed by the Registrant. The
Registrant anticipates that the plan will result in improved profitability for
these programs.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
Not applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits.
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Not applicable.
ITEM 8. CHANGE IN FISCAL YEAR.
Not applicable.
ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.
Not applicable.
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SIGNATURE
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.
OptimumCare Corporation
(Registrant)
Date: December 10, 1997 By: /s/ Edward A. Johnson
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Edward A. Johnson, President
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