ALLEN & CO INC/ALLEN HOLDING INC
SC 13G, 1999-09-22
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                                (Initial Filing)


                             U.S.NEUROSURIGAL, INC.
                  --------------------------------------------
                                (Name of Issuer)


                     Common Stock, par value, $.01 per share
              ----------------------------------------------------
                         (Title of Class of Securities)


                                    90336K101
                            ------------------------
                                 (CUSIP Number)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X]      Rule 13d-1(b)
[ ]      Rule 13d-(c)
[ ]      Rule 13d-1(d)

*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 the
disclosures provided in a prior cover page.

The information required in 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 ("Act") 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 1 of 6 Pages




<PAGE>
                               SCHEDULE 13G
- -------------------                                     -----------------
CUSIP No. 90336K101                                     Page 2 of 6 Pages
- -------------------                                    ------------------
===========================================================================
1  NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
   Allen Holding Inc.
- ---------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (a)  [ ]
                                                                (b)  [x]
- ---------------------------------------------------------------------------
3  SEC USE ONLY
- ---------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION
   Delaware
- --------------------------------------------------------------------------
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- ---------------------------------------------------------------------------
5  SOLE VOTING POWER
                  0
- ---------------------------------------------------------------------------
6  SHARED VOTING POWER
              0
- ---------------------------------------------------------------------------
7  SOLE DISPOSITIVE POWER
                  0
- ---------------------------------------------------------------------------
8  SHARED DISPOSITIVE POWER
                  0
- --------------------------------------------------------------------------
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
            1,902,000
- ---------------------------------------------------------------------------
10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
    CERTAIN SHARES*
[ ]
- ---------------------------------------------------------------------------
11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                  26.0%
- ---------------------------------------------------------------------------
12  TYPE OF REPORTING PERSON*
            HC
===========================================================================


<PAGE>


                               SCHEDULE 13G
- -------------------                                    --------------------
CUSIP No. 90336K101                                       Page 3 of 6 Pages
- -------------------                                    --------------------
===========================================================================
1  NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
   Allen & Company Incorporated
- ---------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  [ ]
                                                           (b)  [x]
- ---------------------------------------------------------------------------
3  SEC USE ONLY
- ---------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION
   New York
- ---------------------------------------------------------------------------
     NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- --------------------------------------------------------------------------
5  SOLE VOTING POWER
         1,902,000
- ---------------------------------------------------------------------------
6  SHARED VOTING POWER
              0
- ---------------------------------------------------------------------------
7  SOLE DISPOSITIVE POWER
         1,902,000
- ---------------------------------------------------------------------------
8  SHARED DISPOSITIVE POWER
              0
- ---------------------------------------------------------------------------
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         1,902,000
- ---------------------------------------------------------------------------
10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
    CERTAIN SHARES*
[ ]
- ---------------------------------------------------------------------------
11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                  26.0%
- ---------------------------------------------------------------------------
12  TYPE OF REPORTING PERSON*
            BD; CO
===========================================================================


<PAGE>


                                                      Page 4 of 6 Pages
                          SCHEDULE 13G

         The Reporting Persons became owners of the Issuer's Common Stock listed
in Item 4 on September 17, 1999. The Reporting Persons are therefore filing this
Schedule 13G as an initial filing.

Item 1.
                  (a)      Name of Issuer:

                           U.S. NEUROSURGICAL, INC.

                  (b)      Address of Issuer's Principal Executive Office:

                           2400 Research Boulevard
                           Suite 325
                           Rockville, MD, 20850

Item 2.           Name of Person Filing

                  (a)      Name of Person Filing:

                           Allen & Company Incorporated ("ACI")
                           Allen Holding Inc.("AHI")

                  (b)      Address of Principal Office:

                           711 Fifth Avenue
                           New York, New York 10022


(c) Citizenship/Organization:

                           ACI - New York
                           AHI - Delaware

                   (d)     Title Class of Securities:

                           Common Stock, par value, $.01 per share

                   (e)     CUSIP Number:  90336K101



Item 3.           If Statement is filed pursuant to Rules 13(d)-1(b) or
                  13d-2(b), check whether Person Filing is a

                  (a)      [X]    ACI is a Broker-Dealer registered under
                                  Section 15 of the Act.
                  (b)      [X]    AHI is a parent holding company in accordance
                                  with Rule 13d-1(b)(ii)(G).


<PAGE>


                                                    Page 5 of 6 Pages

Item 4.           Ownership.

                  (a)      Amount Beneficially Owned:
                           1,902,000 shares of common stock

                  (b)      Percent of Class:  26.0%

                  (c)      Number of Shares to Which Such Person Has:
                            (i)   Sole voting power - 1,902,000
                            (ii)  Shared voting power -  0
                            (iii) Sole dispositive power - 1,902,000
                            (iv)  Shared dispositive power - 0

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 Members of the Subsidiary
                  Which Acquired the Securities 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  acquired in the ordinary  course of business
and 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>


                                                    Page 6 of 6 Pages




Signature:  After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this statement
is true, complete and correct.

Date:  September 20, 1999


ALLEN & COMPANY INCORPORATED

       /x/ Gaetano J. Casillo
By:-----------------------------
Name:  Gaetano J. Casillo
Title: Vice President


ALLEN HOLDING INC.

           /x/ Gaetano J. Casillo
By:----------------------------
Name:  Gaetano J. Casillo
Title: Vice President

263794



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