UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. One)
Physician Reliance Network, Inc.
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
71940G108
(CUSIP Number)
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Baylor University Medical Center
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
5 SOLE VOTING POWER
NUMBER OF
SHARES 2,458,568 shares
BENEFICIALLY
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 0 shares
PERSON
WITH
7 SOLE DISPOSITIVE POWER
2,458,568 shares
8 SHARED DISPOSITIVE POWER
0 shares
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,458,568 shares
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.2%
12 TYPE OF REPORTING PERSON
CO<PAGE>
ITEM 1(A) NAME OF ISSUER:
Physician Reliance Network, Inc. (the "Company").
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Two Lincoln Center, 5420 LBJ Freeway, Suite 900, Dallas,
Texas 75240.
ITEM 2(A) NAME OF PERSON FILING:
Baylor University Medical Center (the "Reporting Person").
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
3500 Gaston Avenue, Dallas, TX 75246.
ITEM 2(C) CITIZENSHIP:
Texas.
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
Common Stock, no par value per share ("Common Stock").
ITEM 2(E) CUSIP NUMBER:
71940G108
ITEM 3 DESCRIPTION OF PERSON FILING:
Not Applicable.
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ITEM 4 OWNERSHIP:
The following information is accurate as of December 31,
1996.
(a) Amount beneficially owned:
See Row 9 of cover page.
(b) Percent of Class:
See Row 11 of cover page.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of cover page.
(ii) Shared power to vote or to direct the vote:
See Row 6 of cover page.
(iii) Sole power to dispose or direct the disposition
of:
See Row 7 of the cover page.
(iv) Shared power to dispose or direct the
disposition of:
See Row 8 of cover page.
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:
To the best knowledge of the Reporting Person, no person
other than the Reporting Person will have the right to
receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of the Common
Stock owned by the Reporting Person.
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY 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 for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as
a participant in any transaction having such purposes or
effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
February 11, 1997
BAYLOR UNIVERSITY MEDICAL CENTER
/s/ John L. Hess
By: John L. Hess: Senior Vice President, Chief
Financial Officer
