HORIZON MENTAL HEALTH MANAGEMENT INC
SC 13G/A, 1997-02-14
MISC HEALTH & ALLIED SERVICES, NEC
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<PAGE>   1





                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549


                                  SCHEDULE 13G


                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 1)*


                     HORIZON MENTAL HEALTH MANAGEMENT, INC.
                                (Name of Issuer)

                                  COMMON STOCK
                         (Title of Class of Securities)

                                  440435 10 5
                                 (CUSIP Number)

        Check the following box if a fee is being paid with this statement [ ]. 
(A fee is not required only if the reporting person:  (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.)  (See Rule 13d-7.)

         *The remainder of this cover page shall be filled out for reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.(1)

         The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).


                       _________________________________





____________________

(1)    Pursuant to Rule 13d-2(c), this Amendment No. 1, which is the first  
       electronic amendment  to a  paper format Schedule 13G, restates the 
       entire text of the Schedule 13G, as amended as of December 31, 1996.
        

                              Page 1 of 5 Pages

<PAGE>   2
  CUSIP NO.     440435 10 5                                    Page 2 of 5 Pages


  1      NAME OF REPORTING PERSON                                        
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON               
                                                                         
                 James Ken Newman                                        
                                                                         
                                                                         
  2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*              (a) [ ]
                                                                        (b) [ ]
                                                                         
  3      SEC USE ONLY                                                    
                                                                         
                                                                         
                                                                         
  4      CITIZENSHIP OR PLACE OF ORGANIZATION                            
                                                                         
                 United States of America                                
                                                                         
          NUMBER OF            5     SOLE VOTING POWER                   
                                                                         
            SHARES                           352,610                     
                                                                         
         BENEFICIALLY          6     SHARED VOTING POWER                 
                                                                         
                                                                         
        OWNED BY EACH                         59,000                   
                                                                         
                                                                         
          REPORTING            7     SOLE DISPOSITIVE POWER              
                                                                         
                                                                         
            PERSON                           352,610                     
                                                                         
                               8     SHARED DISPOSITIVE POWER            
             WITH                                                        
                                              59,000                   
                                                                         
                                                                         
  9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                                                                         
                 411,610                                                 
                                                                         
  10     CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                         
                                                                         
  11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                 
                                                                         
                 10.8%                                                   
                                                                         
  12     TYPE OF REPORTING PERSON*                                       
                                                                         
                 IN                                                      


                     * SEE INSTRUCTION BEFORE FILLING OUT!





                               Page 2 of 5 Pages
<PAGE>   3
Item 1(a) Name of issuer:

         Horizon Mental Health Management, Inc.

Item 1(b) Address of issuer's principal executive offices:

         1500 Waters Ridge Drive
         Lewisville, Texas 75057-6011

Item 2(a) Name of person filing:

         James Ken Newman

Item 2(b) Address or principal business office or, if none, residence:

         1500 Waters Ridge Drive
         Lewisville, Texas 75057-6011

Item 2(c) Citizenship:

         United States of America

Item 2(d) Title of class of securities:

         Common Stock

Item 2(e) CUSIP No.:

         440435 10 5

Item 3.  Not Applicable

Item 4.  Ownership.

(a) Amount beneficially owned:

         See Item (9) of Cover Page
         The number of shares shown as beneficially owned by James Ken Newman
         includes 151,993 shares of Common Stock issuable upon the exercise of
         immediately exercisable options, 34,000 shares held by Newman
         Partners, Ltd., a limited partnership, and 25,000 shares held by the
         Newman Foundation, a Texas non-profit corporation.

(b) Percent of class:

         See Item (11) of Cover Page





                               Page 3 of 5 Pages
<PAGE>   4
(c) Number of shares as to which such person has:

         (i) Sole power to vote or to direct the vote:

                           See Item (5) of Cover Page

         (ii) Shared power to vote or to direct the vote:

                           See Item (6) of Cover Page

         (iii) Sole power to dispose or to direct the disposition of:

                           See Item (7) of Cover Page

         (iv) Shared power to dispose or to direct the disposition of:

                           See Item (8) of Cover Page

Item 5.  Ownership of 5 Percent or Less of a Class.

         If this statement is being filed to report the fact that as of the
         date hereof the reporting person has ceased to be the beneficial owner
         of more than 5 percent of the class of securities, check the following
         [ ].

Item 6.  Ownership of More than 5 Percent on Behalf of Another Person.

         The shares beneficially owned by James Ken Newman include 34,000
         shares of Common Stock owned by Newman Partners, Ltd. and 25,000
         shares of Common Stock owned by the Newman Foundation.  Each of the
         limited partnership and the foundation has the right to receive
         dividends or the proceeds from the sale of such securities.

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.

         Not Applicable





                               Page 4 of 5 Pages
<PAGE>   5
                                   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.

Dated: February 14, 1997



/s/ James Ken Newman              
- --------------------
James Ken Newman





                               Page 5 of 5 Pages


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