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FORM 12b-25
Commission File No. 0-23998
CUSIP Number - None
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
(Check One): x - Form 10-K
For Period Ended: December 31, 1997
[x] Transition report on Form 10-K
[ ] Transition report on Form 20-K
[ ] Transition report on Form 11-K
[ ] Transition report on Form 10-Q
[ ] Transition report on From N-SAR
For the Transition Period Ended:
If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
Part I - REGISTRANT INFORMATION
First Choice Health Network, Inc.
Full Name of Registrant
601 Union Street, Suite 700
Address of Principal Executive Offices
Seattle, Washington 98101-1838
City, State and Zip Code
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PART II - Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this form could
not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form
10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be filed on or
before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report of transition report on Form 10-Q, or portion
thereof will be filed on or before the fifth calendar day following the
prescribed due date; and
(c) The accountants statement or other exhibit required by Rule 12b-25(c) has
been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 10-Q, N-SAR,
or the transition report or portion thereof, could not be filed within the
prescribed time period.
The following reasons describe the causes for the registrants inability to file
timely that could not be eliminated without unreasonable effort or expense:
The audited financial statements for the year ended December 31, 1997 were not
completed by March 31, 1998 due to the Company's resolution of issues relating
to the 1997 merger as well as increased complexities of disclosures and other
reporting requirements.
(1) Name and telephone number of person to contact in regard to this
notification:
Robert P. Freed 206 667-8050
(Name) (Area Code) (Telephone number)
(2) Have all other periodic reports required under Section 13 or 15 of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the proceeding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is
no, identify report(s).
x Yes No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statement to be included in the subject report or portion thereof?
Yes x No
If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
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First Choice Health Network, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: March 31, 1998
By: /s/ David Peel
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David Peel, Chief Financial Officer
