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): May 14, 1997
STAR MULTI CARE SERVICES, INC.
(Exact Name of Registrant as specified in its Charter)
New York 1-10751 11-1975534
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
33 Walt Whitman Road, Huntington Station, NY 11746
(Address of Principal Executive Offices) (Zip Code)
(516) 423-6688
(Registrant's Telephone Number, Including Area Code)
<PAGE>
Item 5. Other Events
Audit of American Health Care Services
--------------------------------------
In May, 1997, Star Multi Care Services, Inc. (the "Company"), was
advised that an audit of American Health Care Services, the Company's medicare
agency, by the Office of Audit Services, Office of Inspector General of the
United States Department of Health and Human Services which had been forwarded
to the Medicare intermediary assigned to administer Medicare payments in Florida
has been referred to the Civil Division of the United States Attorney for the
Southern District of Florida. The Company has been advised by its regulatory
counsel that they have been in contact with the Assistant United States Attorney
assigned to the matter and they do not know at this time the extent of the
Company's liability. Regulatory counsel has also advised the Company that it is
likely the Company will have claims against third- parties (e.g., subcontractors
and licensed home health agencies) for a portion of any liability of the
Company. Management anticipates that this matter should be satisfactorily
resolved.
-2-
<PAGE>
SIGNATURES
Pursuant to the requirement 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.
May 28, 1997 STAR MULTI CARE SERVICES, INC.
By: /s/ William Fellerman
------------------------
Name: William Fellerman
Title: Chief Financial Officer