FIRST CHOICE HEALTH NETWORK INC
10QSB/A, 1996-07-19
HEALTH SERVICES
Previous: MLCC MORTGAGE INVESTORS INC, 8-K, 1996-07-19
Next: CARLYLE GOLF INC, SC 13D/A, 1996-07-19









July 19, 1996



VIA FEDERAL EXPRESS

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Re:	First Choice Health Network, Inc.
File No.  0-23998

Ladies and Gentlemen :

Enclosed kindly find the above-referenced corporation's first quarter
Financial Data Schedule not previously submitted with our Form 10-QSB for
the period ended March 31, 1996.

Kindly acknowledge acceptance or suspension of this filing via our Compuserve
electronic mail account.

Very truly yours,

Randolph R. Barker

kk:RB
Enclosures






Item 6	Exhibits and Reports on Form 8-K

		(a)	Exhibits:

			27.1	Financial Data Schedule for the first quarter ending March 31, 1996

		(b)	Reports on Form 8-K

			None.






SIGNATURES


In accordance with the requirements of the Exchange Act, the registrant has
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.


FIRST CHOICE HEALTH NETWORK, INC.

Date:	  July 19, 1996







By:		/ s /Randolph R. Barker 		
Randolph R. Barker			
Vice President of Finance and Treasurer	
(Principal Financial and Accounting Officer 
and Duly Authorized Officer)		









<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FIRST
CHOICE HEALTH NETWORK, INC. STATEMENTS,  QUARTER ENDING MARCH 31, 1996 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000922622
<NAME> FIRST CHOICE HEALTH NETWORK, INC.
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1995
<PERIOD-END>                               MAR-31-1996             DEC-31-1995
<CASH>                                       1,089,837               2,129,006
<SECURITIES>                                 2,462,829               1,276,783
<RECEIVABLES>                                1,120,872               1,200,351
<ALLOWANCES>                                  (96,187)                (96,187)
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                             4,763,074               4,798,176
<PP&E>                                       1,167,700               1,155,097
<DEPRECIATION>                               (608,670)               (574,377)
<TOTAL-ASSETS>                               7,290,309               7,403,850
<CURRENT-LIABILITIES>                          601,602                 762,052
<BONDS>                                              0                       0
                                0                       0
                                          0                       0
<COMMON>                                        29,672                  29,676
<OTHER-SE>                                   6,659,035               6,587,060
<TOTAL-LIABILITY-AND-EQUITY>                 7,290,309               7,403,850
<SALES>                                              0                       0
<TOTAL-REVENUES>                             1,290,105               1,220,703
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                             1,246,739               1,078,124
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                   0                       0
<INCOME-PRETAX>                                108,513                 197,348
<INCOME-TAX>                                    19,522                  67,687
<INCOME-CONTINUING>                             88,991                 129,661
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                    88,991                 129,661
<EPS-PRIMARY>                                     1.89                    2.75
<EPS-DILUTED>                                        0                       0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission