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
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