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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: March 11, 1996
(Date of the Earliest Event Reported)
HEALTHSOURCE, INC.
(Exact name of Registrant as specified in its charter)
New Hampshire 1-11538 02-0387748
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification Number
incorporation)
Two College Park Drive
Hooksett, New Hampshire 03106
(Address of principal executive offices) (Zip Code)
603/268-7000
(Registrant's Telephone Number, including area code)
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Items 1-4. Not applicable.
Item 5. Other Events.
On March 11, 1996, Healthsource, Inc. (the "Company") announced
that it had completed the sale of $247.25 million principal amount
of its 5% Convertible Subordinated Notes Due 2003. The proceeds of
the sale were used to redeem the Company's outstanding $100 million
face amount of 6.25% Class A Cumulative Preferred Stock and the
balance to repay existing bank debt. The securities have not been
registered under the Securities Act of 1933 and may not be offered
or sold absent registration or an applicable exemption from the
registration requirements of the Securities Act and applicable
state securities law.
Item 6. Not Applicable.
Item 7. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
20.1 Press Release dated March 11, 1996.
Item 8. 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.
HEALTHSOURCE, INC.
Dated: March 20, 1996 By: /s/ Thomas M. Congoran
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Thomas M. Congoran
Chief Financial Officer
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EXHIBIT 20.1
[LOGO]
NEWS from Healthsource [registered trademark]
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Two College Park Drive / Hooksett, NH 03106 / (603) 268-7000
For further information at Healthsource, Inc.
Thomas Congoran
Chief Financial Officer
Tracey Turner
Shareholder Relations
(603) 268-7000
HEALTHSOURCE, INC. COMPLETES PRIVATE PLACEMENT
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HOOKSETT, NH, MARCH 11, 1996 -- HEALTHSOURCE, INC. (NYSE: HS), a leading owner
of managed health care companies announced today that it had completed the sale
of $247.25 million principal amount of its 5% Convertible Subordinated Notes
Due 2003. The proceeds of the sale were used to redeem its outstanding $100
million Preferred Stock and the balance to repay existing bank debt.
The securities have not been registered under the Securities Act of
1933 and may not be offered or sold absent registration or an applicable
exemption from the registration requirements of the Securities Act and
applicable state securities laws. The notes were sold only to "qualified
institutional buyers" (as defined in Rule 144A under the Securities Act) in
reliance on the exemption from the registration requirements provided by Rule
144A, and outside the United States to certain persons in reliance on
Regulation S under the Securities Act.
This press release shall not constitute an offer to sell or the
solicitation of any offer to buy the notes.
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