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UNITED STATES
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): June 21, 1996
ARBOR HEALTH CARE COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 0-22178 34-1469604
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1100 SHAWNEE ROAD, P. O. BOX 840, LIMA, OHIO 45802-0840
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 419-227-3000
This document contains 5 pages.
The Exhibit Index appears on Page 4.
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ITEM 5. OTHER EVENTS
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The Registrant on June 21, 1996 announced the promotion of Dennis R. Smith to
Senior Vice President - Finance and Chief Financial Officer, replacing Stephen
M. Mengert who is leaving the Company due to family matters. Mr. Smith most
recently served as the Company's Controller and Chief Accounting Officer since
1994.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
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(a) Financial Statements of Businesses Acquired.
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None required.
(b) Pro Forma Financial Information.
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None required.
(c) Exhibits.
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1. Press Release, dated June 21, 1996, of Arbor Health Care
Company.
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SIGNATURE
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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 thereunto duly authorized.
ARBOR HEALTH CARE COMPANY
By: /s/ Dennis R. Smith
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Dennis R. Smith, Senior Vice President - Finance
and Chief Financial Officer
Dated: June 25, 1996
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EXHIBIT INDEX
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1 Press Release, dated June 21, 1996, of
Arbor Health Care Company. 5
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EXH. 1
FOR FURTHER INFORMATION CONTACT:
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Pier C. Borra
Chairman, President and
Chief Executive Officer
(419) 227-3000
Mollie Leiser
Edelman Financial
(212) 704-8292
FOR IMMEDIATE RELEASE
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ARBOR HEALTH CARE COMPANY ANNOUNCES
MANAGEMENT CHANGE
LIMA, OH, JUNE 21, 1996 -- ARBOR HEALTH CARE COMPANY (NASDAQ: AHCC), today
announced the promotion of Dennis R. Smith to Senior Vice President - Finance
and Chief Financial Officer, replacing Stephen M. Mengert. Mr. Mengert is
leaving the Company due to family matters.
Mr. Smith, 42, most recently served as Arbor's Controller and Chief Accounting
Officer, a position he held since 1994. In this capacity, Mr. Smith was
responsible for financial analysis and the overseeing of all accounting and SEC
functions.
Prior to joining Arbor, Mr. Smith was Corporate Controller for Traid Healthcare,
a spin-off of Nu-med, Inc. (Nasdaq: NUMS), a hospital, home health, nursing and
rehabilitation/psychiatric services company. Earlier, he was Treasurer and Vice
President of Corporate Finance at Nu-med. Before that, Mr. Smith held positions
as the Senior Audit Manager of the health care audit department at the Los
Angeles office of Deloitte & Touche and as the Chief Financial Officer of Valley
Healthcare, Inc.
"Dennis' extensive experience in finance in the health care industry, including
public accounting, accounting consulting and corporate finance, has been an
important asset to Arbor. We are fortunate that he will further his career at
Arbor, and look forward to his contributions, particularly in the acquisition
and growth areas of the Company," said Pier C. Borra, Arbor's Chairman,
President and Chief Executive Officer.
Mr. Smith holds a B.S. in Accounting from Brigham Young University and is an
advanced member of the Healthcare Financial Management Association. He is also a
member of The American Institute of Certified Public Accountants, the California
Society of Certified Public Accountants and the Ohio Society of Certified Public
Accountants. Mr. Smith and his family reside in Lima, Ohio.
Arbor Health Care Company provides subacute medical services, including medical
rehabilitation, ventilator weaning and respiratory therapy, and complex medical
services such as cardiac recovery, infusion therapy and wound care, as well as
basic health care services for geriatric or chronically ill patients. With the
opening of its newest facility in Sylvania, the Company operates 28 licensed
nursing centers in five states with a total of 3,323 beds. Arbor's Pharmacy
Division serves approximately 17,000 beds, including 3,100 Arbor beds, in Ohio
and Florida.
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