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AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 14, 2000
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) January 6, 2000
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UNITED AMERICAN HEALTHCARE CORPORATION
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(Exact name of registrant as specified in its charter)
Michigan 000-18839 38-2526913
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1155 Brewery Park Boulevard, Suite 200, Detroit, Michigan 48207
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (313) 393-0200
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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 5. Other Events.
On January 6, 2000, United American Healthcare Corporation (the
"Company") publicly announced a strategic partnership, subject to state
regulatory approval, with The Detroit Medical Center ("DMC") and the Company's
managed health maintenance organization, Michigan Health Maintenance
Organization Plans, Inc., d/b/a OmniCare Health Plan, in Michigan
("OmniCare-MI"). The announcement was made jointly by Gregory H. Moses, Jr.,
President and Chief Executive Officer of both the Company and OmniCare-MI,
and Dr. Arthur T. Porter, President and Chief Executive Officer of DMC.
The announcement disclosed new and proposed affiliations among the
Company, OmniCare-MI and DMC, intended to strengthen their respective core
businesses and improve the quality of care and services for their patients and
members. The DMC is the largest health care provider system in southeastern
Michigan, operating seven hospitals, two nursing centers and more than 100
primary care practices. The DMC has approximately 3,000 affiliated physicians
and serves as the teaching and clinical research site for the Wayne State
University Medical School.
In the strategic partnership's first phase, the approximately 31,000
members of DMC's Medicaid managed care program ("DMC Clinic Plan") will be
transferred to OmniCare-MI; and DMC's seven hospitals and approximately 3,000
affiliated physicians will serve as a preferred provider network for
OmniCare-MI. In addition, it was announced that DMC and OmniCare-MI will develop
a joint marketing campaign designed to increase OmniCare-MI's membership and
DMC's facility utilization rate.
The proposed affiliations were the subject of a binding letter of
intent dated December 20, 1999 among the Company, OmniCare-MI, DMC and DMC
Clinic Plan, subject to state regulatory approval and to developing and entering
a definitive agreement. The parties jointly announced their intent to pursue
state regulatory approval immediately.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99.1 Press release dated January 6, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this Report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated: January 14, 2000 UNITED AMERICAN HEALTHCARE CORPORATION
By: /s/ Gregory H. Moses, Jr.
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Gregory H. Moses, Jr.
President and Chief Executive Officer
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Press release of The Detroit Medical Center, OmniCare
Health Plan of Michigan, and United American Healthcare
Corporation dated January 6, 2000.
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EXHIBIT 99.1
RELEASED FOR: The Detroit Medical Center CONTACT: Ginny Seyferth
3663 Woodward Ave. (616)776-3511
Suite 200, 5th Floor
Detroit, MI 48201
OmniCare Health Plan of Michigan Jim Lee
1155 Brewery Park Blvd., Suite 200 (313)393-6723
Detroit, MI 48207
United American Healthcare Corporation Gabe Werba
1155 Brewery Park Blvd., Suite 200 (313)961-8899
Detroit, MI 48207
FOR IMMEDIATE RELEASE
DETROIT MEDICAL CENTER, OMNICARE HEALTH PLAN,
UNITED AMERICAN HEALTHCARE FORM STRATEGIC PARTNERSHIP
DETROIT, Jan. 6, 2000 - The Detroit Medical Center (DMC), OmniCare
Health Plan and United American Healthcare Corporation (NYSE: UAH) today
announced the launch of a new strategic partnership designed to strengthen each
organization's core businesses and improve the quality of care and services for
the organizations' patients and members.
The announcement was made jointly by Dr. Arthur T. Porter, DMC
president and chief executive officer, and Gregory H. Moses, Jr., president and
chief executive officer of OmniCare and United American Healthcare, which
manages OmniCare.
"The spirit of this partnership is to foster a closer working
relationship between the organizations, to find opportunities to increase all
three organizations' efficiency, to share best practices and to provide better
patient care and service for members of OmniCare's health plans," said Dr.
Porter.
"This is a win-win situation across the board. OmniCare and United
American Healthcare benefit from this relationship, DMC benefits from this
relationship, and, most importantly, those covered under the organizations'
health plans benefit from this relationship," Moses said.
The first phase of the partnership will involve the transfer of DMC's
31,000 Medicaid managed care members to OmniCare. The parties expect to
complete this by March 1.
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DMC/OMNICARE/UAHC PARTNERSHIP
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"A high priority for DMC this year has been getting back to the basics
- - focusing on what we do best - and that is caring for patients, while
developing strong partnerships with other leaders in the industry," stated Dr.
Porter.
"We hope that this is the first of several alliances between DMC and
major health insurance carriers in the Detroit area."
Also as part of the partnership, the Detroit Medical Center's seven
hospitals and approximately 3,000 physicians will serve as a preferred provider
network for OmniCare. OmniCare's 125,000 plan members will receive preferred
customer status with DMC physicians and at all of DMC's seven hospitals. DMC
and OmniCare also will develop a joint marketing campaign aimed at increasing
OmniCare's membership and DMC's facility utilization rate.
DMC and OmniCare plan to work together to improve utilization and
other medical practices and policies beneficial to the success of both
organizations. They will also develop a comprehensive patient/physician/HMO
protocol which may serve as a model for the industry.
"While this partnership outlines some opportunities from the outset,
it also provides for an expanded affiliation designed to identify and
capitalize on future opportunities for the organizations," Moses said. "Our
organizations will look aggressively at ways we can work together with DMC to
benefit our members and employer groups. For example, by melding DMC's
recognized expertise in preventive medicine and treatment with our experience
in benefit plan design, we can better promote quality health care while
continuing to achieve cost savings. We believe this effort will greatly benefit
southeast Michigan's health care delivery system."
Key portions of the strategic partnership are subject to state
regulatory approval, which Dr. Porter and Moses said their organizations would
pursue immediately.
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DMC/OMNICARE/UAHC PARTNERSHIP
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The largest health care provider in southeast Michigan, the Detroit
Medical Center (DMC) operates seven hospitals, two nursing centers and more
than 100 primary care practices throughout southeast Michigan. The system has
approximately 3,000 affiliated physicians and serves as the teaching and
clinical research site for Wayne State University.
OmniCare of Michigan was the first HMO in Michigan to become federally
qualified, the first health maintenance organization (HMO) in the country to
structure itself on what is now called the network model, the first in the
country to capitate services by individual private practitioners associating
with an HMO, and the first to create and implement a capitated mental health
system. Many of its innovations have since been adopted by the industry.
United American Healthcare Corporation is a full-service health care
management company that administers two HMOs under long-term contracts -
OmniCare of Michigan and OmniCare of Tennessee, of which it owns 75 percent -
and County Care, a program in Wayne County, Michigan.
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