SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7 )
NextHealth, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
65333 G 105
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /
1) Name of Reporting Persons. S.S. or I.R.S. Identification Nos. of
Above Persons ###-##-####
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2) Check the Appropriate Box if a Member of a Group
(a) N/A
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(b) N/A
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3) SEC Use Only
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4) Citizenship or Place of Organization USA
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Number of 5) Sole Voting Power 2,279,490
Shares Bene- --------------------------------------
ficially 6) Shared Voting Power -0-
Owned by --------------------------------------
Each Report- 7) Sole Dispositive Power -0-
ing Person --------------------------------------
With 8) Shared Dispositive Power -0-
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9) Aggregate Amount Beneficially Owned by Each Reporting Person
2,279,490
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<PAGE>
10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares
x
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11) Percent of Class Represented by Amount in Row 9 17.2%
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12) Type of Reporting Person Individual
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ITEM 1(a)
Name of Issuer: NextHealth, Inc.
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ITEM 1(b)
Address of Issuer's Principal Executive Offices:
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16600 N. Lago del Oro Pkwy., Tucson, AZ 85739
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ITEM 2(a)
Name of Person Filing: William T. O'Donnell, Jr.
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ITEM 2(b)
Address of Principal Business Office or, if none, Residence: 35 Indian
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Hill Road, Winnetka, IL 60093
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ITEM 2(c)
Citizenship: USA
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ITEM 2(d)
Title of Class of Securities: Common Stock
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ITEM 2(e)
CUSIP Number: 65333 G 105
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ITEM 3
Not Applicable
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ITEM 4
Ownership
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(a) Amount Beneficially Owned: 2,279,490
-----------------------------------
(b) Percent of Class: 17.2%
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
2,279,490
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(ii) shared power to vote or to direct the vote
-0-
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(iii) sole power to dispose or to direct the disposition of
-0-
-----------------------------------------------------
(iv) shared power to dispose or to direct the disposition of
-0-
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ITEM 5
Ownership of Five Percent or Less of a Class
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Not Applicable
ITEM 6
Ownership of More than Five Percent on Behalf of Another Person
--------------------------------------------------------------
Not Applicable
ITEM 7
Identification and Classification of the Subsidiary Which Acquired the
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Security Being Reported on By the Parent Holding Company
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Not Applicable
ITEM 8
Identification and Classification of Members of the Group
---------------------------------------------------------
Not Applicable
ITEM 9
Notice of Dissolution of Group
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Not Applicable
<PAGE>
ITEMS 10
Certification
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Not Applicable
Signature
- ------------
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.
1/26/98
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Date
/s/ William T. O'Donnell, Jr.
- ----------------------------------
Signature
William T. O'Donnell, Jr.
- -----------------------------------
Name/Title
