HEALTHCARE RECOVERIES INC
SC 13G/A, 2000-12-22
HEALTH SERVICES
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G
                                 (RULE 13d-102)


           INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
            RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)
                              (AMENDMENT NO. 2)(1)


                           HEALTHCARE RECOVERIES, INC.
--------------------------------------------------------------------------------
                                (Name of issuer)

                     COMMON STOCK, $0.01 par value per share
--------------------------------------------------------------------------------
                         (Title of class of securities)

                                    42220K101
--------------------------------------------------------------------------------
                                 (CUSIP number)

                                December 22, 2000
--------------------------------------------------------------------------------
             (Date of event which requires filing of this statement)




Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

[ ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[ ] Rule 13d-1(d)


                       (Continued on the following pages)

                               (Page 1 of 8 Pages)


--------------------------------

        (1) 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 disclosures provided in a prior cover page.

        The information required on 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 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).


<PAGE>   2


                                  SCHEDULE 13G

CUSIP NO.  42220K101                                           PAGE 2 OF 9 PAGES
           ---------                                               --    --

--------------------------------------------------------------------------------
   (1)   NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         PAR INVESTMENT PARTNERS, L.P.

--------------------------------------------------------------------------------
   (2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (A) [ ]
                                                                      (B) [X]

--------------------------------------------------------------------------------
   (3)   SEC USE ONLY

--------------------------------------------------------------------------------
   (4)   CITIZENSHIP OR PLACE OF ORGANIZATION

         STATE OF DELAWARE
--------------------------------------------------------------------------------
                         (5)   SOLE VOTING POWER

       NUMBER OF               1,314,800 COMMON STOCK
        SHARES          --------------------------------------------------------
     BENEFICIALLY        (6)   SHARED VOTING POWER
    OWNED BY EACH
      REPORTING                NONE
        PERSON          --------------------------------------------------------
         WITH            (7)   SOLE DISPOSITIVE POWER

                               1,314,800 COMMON STOCK
                        --------------------------------------------------------
                         (8)   SHARED DISPOSITIVE POWER

                               NONE
--------------------------------------------------------------------------------
   (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         1,314,800 COMMON STOCK
--------------------------------------------------------------------------------
   (10)  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES*                                                  [ ]

--------------------------------------------------------------------------------
   (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         13.1% COMMON STOCK
--------------------------------------------------------------------------------
   (12)  TYPE OF REPORTING PERSON*

         PN
--------------------------------------------------------------------------------
                     * SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>   3

                                  SCHEDULE 13G

CUSIP NO.  42220K101                                           PAGE 3 OF 9 PAGES
           ---------                                               --    --

--------------------------------------------------------------------------------
   (1)   NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         PAR GROUP, L.P.

--------------------------------------------------------------------------------
   (2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (A) [ ]
                                                                      (B) [X]

--------------------------------------------------------------------------------
   (3)   SEC USE ONLY

--------------------------------------------------------------------------------
   (4)   CITIZENSHIP OR PLACE OF ORGANIZATION

         STATE OF DELAWARE
--------------------------------------------------------------------------------
                         (5)   SOLE VOTING POWER

       NUMBER OF               1,314,800 COMMON STOCK
        SHARES          --------------------------------------------------------
     BENEFICIALLY        (6)   SHARED VOTING POWER
    OWNED BY EACH
      REPORTING                NONE
        PERSON          --------------------------------------------------------
         WITH            (7)   SOLE DISPOSITIVE POWER

                               1,314,800 COMMON STOCK
                        --------------------------------------------------------
                         (8)   SHARED DISPOSITIVE POWER

                               NONE
--------------------------------------------------------------------------------
   (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         1,314,800 COMMON STOCK
--------------------------------------------------------------------------------
   (10)  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES*                                                  [ ]

--------------------------------------------------------------------------------
   (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         13.1% COMMON STOCK
--------------------------------------------------------------------------------
   (12)  TYPE OF REPORTING PERSON*

         PN
--------------------------------------------------------------------------------
                     * SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>   4

                                  SCHEDULE 13G

CUSIP NO.  42220K101                                           PAGE 4 OF 9 PAGES
           ---------                                               --    --

--------------------------------------------------------------------------------
   (1)   NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         PAR CAPITAL MANAGEMENT, L.P.

--------------------------------------------------------------------------------
   (2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (A) [ ]
                                                                      (B) [X]

--------------------------------------------------------------------------------
   (3)   SEC USE ONLY

--------------------------------------------------------------------------------
   (4)   CITIZENSHIP OR PLACE OF ORGANIZATION

         STATE OF DELAWARE
--------------------------------------------------------------------------------
                         (5)   SOLE VOTING POWER

       NUMBER OF               1,314,800 COMMON STOCK
        SHARES          --------------------------------------------------------
     BENEFICIALLY        (6)   SHARED VOTING POWER
    OWNED BY EACH
      REPORTING                NONE
        PERSON          --------------------------------------------------------
         WITH            (7)   SOLE DISPOSITVE POWER

                               1,314,800 COMMON STOCK
                        --------------------------------------------------------
                         (8)   SHARED DISPOSITIVE POWER

                               NONE
--------------------------------------------------------------------------------
   (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         1,314,800 COMMON STOCK
--------------------------------------------------------------------------------
   (10)  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES*                                                  [ ]

--------------------------------------------------------------------------------
   (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         13.1% COMMON STOCK
--------------------------------------------------------------------------------
   (12)  TYPE OF REPORTING PERSON*

         CO
--------------------------------------------------------------------------------
                     * SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>   5

                                  SCHEDULE 13G

CUSIP NO.  42220K101                                           PAGE 5 OF 9 PAGES
           ---------                                               --    --

--------------------------------------------------------------------------------
   (1)   NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         MR. ARTHUR G. EPKER, III

--------------------------------------------------------------------------------
   (2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (A) [ ]
                                                                      (B) [X]

--------------------------------------------------------------------------------
   (3)   SEC USE ONLY

--------------------------------------------------------------------------------
   (4)   CITIZENSHIP OR PLACE OF ORGANIZATION

         UNITED STATES
--------------------------------------------------------------------------------
                         (5)   SOLE VOTING POWER

       NUMBER OF               1,314,800 COMMON STOCK
        SHARES          --------------------------------------------------------
     BENEFICIALLY        (6)   SHARED VOTING POWER
    OWNED BY EACH
      REPORTING                NONE
        PERSON          --------------------------------------------------------
         WITH            (7)   SOLE DISPOSITVE POWER

                               1,314,800 COMMON STOCK
                        --------------------------------------------------------
                         (8)   SHARED DISPOSITIVE POWER

                               NONE
--------------------------------------------------------------------------------
   (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         1,314,800 COMMON STOCK
--------------------------------------------------------------------------------
   (10)  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES*                                                  [ ]

--------------------------------------------------------------------------------
   (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         13.1% COMMON STOCK
--------------------------------------------------------------------------------
                     * SEE INSTRUCTIONS BEFORE FILLING OUT!

                                  Page 5 of 9
<PAGE>   6


                            STATEMENT ON SCHEDULE 13G


Item 1(a).        NAME OF ISSUER:

                  HEALTHCARE RECOVERIES, INC.

Item 1(b).        ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                  1400 Watterson Tower
                  Louisville, Kentucky

Item 2(a).        NAMES OF PERSON FILING:

                  Par Investment Partners, L.P.
                  Par Group, L.P.
                  Par Capital Management, Inc.

Item 2(b).        BUSINESS MAILING ADDRESS FOR THE PERSON FILING:

                  Par Capital Management, Inc.
                  One Financial Center, Suite 1600
                  Boston, MA 02111

Item 2(c).        CITIZENSHIP:

                  State of Delaware

Item 2(d).        TITLE OF CLASS OF SECURITIES:

                  Common Stock, $0.001 par value per share

Item 2(e).        CUSIP NUMBER:

                  42220K101

Item 3.           If this statement is filed pursuant to Rules 13d-1(b), or
                  13d-2(b), check whether the person filing is a:

                  Not Applicable

Item 4.           OWNERSHIP:

                  (a)  Amount Beneficially Owned:
                                    1,314,800 common stock

                  (b)  Percent of Class:
                                    13.1% common stock

                  (c)  Number of shares as to which such person has:

                           (i)      1,314,800 common stock

                           (ii)     shared power to vote or to direct the vote:

                                  Page 6 of 9
<PAGE>   7

                           (iii)    sole power to dispose or to direct the
                                    disposition of:
                                    1,314,800 common stock

                           (iv)     shared power to dispose or to direct the
                                    disposition of:

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:

                  Not Applicable

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 GROUP:

                  Not Applicable

Item 10.          CERTIFICATION:

                           By signing below I certify that, to the best of my
                  knowledge and belief, the securities referred to above 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 are not held in
                  connection with or as a participant in any transaction having
                  that purpose or effect.

                                  Page 7 of 9
<PAGE>   8


                                    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.


Dated: December 22, 2000

                                   PAR INVESTMENT PARTNERS, L.P.

                                   By:   PAR GROUP, L.P.
                                         its general partner
                                   By:   PAR CAPITAL MANAGEMENT, INC.
                                         its general partner

                                   By:   /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President


                                   PAR GROUP, L.P.

                                   By:   PAR CAPITAL MANAGEMENT, INC.,
                                         its general partner

                                   By:   /s/ Frederick S. Downs, Jr
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President


                                   PAR CAPITAL MANAGEMENT, INC.

                                   By:   /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                   Frederick S. Downs, Jr., Vice President


                                   Arthur G. Epker, III

                                   By:   /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                   Frederick S. Downs, Jr., Vice President



                                  Page 8 of 9



<PAGE>   9


                             JOINT FILING AGREEMENT

         In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, the undersigned agree to the joint filing on behalf of each of
them of a statement on Schedule 13G (including amendments thereto) with respect
to the Common Stock Healthcare Recoveries, Inc. and further agree that this
agreement be included as an exhibit to such filing. Each party to the agreement
expressly authorizes each other party to file on its behalf any and all
amendments to such statement. Each party to this agreement agrees that this
joint filing agreement may be signed in counterparts.

         In evidence whereof, the undersigned have caused this Agreement to be
executed on their behalf this 22nd day of December, 2000.


                                   PAR INVESTMENT PARTNERS, L.P.

                                   By:   PAR GROUP, L.P.
                                         its general partner
                                   By:   PAR CAPITAL MANAGEMENT, INC.
                                         its general partner
                                   By:   /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President


                                   PAR GROUP, L.P.

                                   By:   PAR CAPITAL MANAGEMENT, INC.,
                                         its general partner

                                   By:   /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President


                                   PAR CAPITAL MANAGEMENT, INC.

                                   By:   /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President


                                   Arthur G. Epker, III

                                   By:   /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President


                                  Page 9 of 9








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