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UNITED STATES
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: May 9, 2000
Date of earliest event reported: May 8, 2000
UNITED MEDICORP, INC.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number 1-10418
DELAWARE 75-2217002
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
10210 NORTH CENTRAL EXPRESSWAY
SUITE 400
DALLAS, TEXAS 75231
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (214) 691-2140
N.A.
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(Former name or former address, if changed since last report)
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UNITED MEDICORP, INC. AND SUBSIDIARIES
ITEM 5. OTHER EVENTS
On May 8, 2000, the Registrant issued the following press release:
MAY 8, 2000
CONTACT: Pete Seaman Ken Culver
Chairman and CEO Vice President and Chief Financial Officer
(214) 691-2140 (214) 360-4469
UNITED MEDICORP ANNOUNCES LOSS OF
WASHINGTON HOSPITAL CENTER CONTRACT
DALLAS, TEXAS -- United Medicorp, Inc. (Dow Jones ticker symbol "UMCI")
announced today that on May 8, 2000, it was notified by the Washington Hospital
Center ("WHC") that claim transmissions from the Hospital Billing contract will
terminate effective June 30, 2000. Management estimates that UMC will continue
to generate revenue from this contract through July 31, 2000 consistent with
revenues generated on a monthly basis through June 30, 2000, and thereafter,
rapidly ramp down through the remainder of the year. The WHC Hospital Billing
contract accounted for approximately 52%, 36% and 63% of total consolidated
revenues during 1999, 1998, and 1997, respectively.
Based in Dallas, Texas, United Medicorp, Inc., provides medical insurance claims
processing, accounts receivable management, and collection agency services to
healthcare providers nationwide.
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 thereunto duly authorized.
UNITED MEDICORP, INC.
(REGISTRANT)
By: /s/ R. Kenyon Culver Date: May 9, 2000
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R. Kenyon Culver
Vice President and Chief Financial Officer
(Principal Accounting Officer)
