FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 1, 1999
FOHP, Inc.
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(Exact name of registrant as specified in its charter)
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New Jersey 0-25944 22-3314813
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification
incorporation) Number)
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3501 State Highway 66
Neptune, New Jersey 07753
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: (732) 918-6700
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(Former name or former address, if changed since last report.)
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Item 2. Acquisition or Disposition of Assets.
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On January 1, 1999, Physicians Health Services of New Jersey, Inc.
("PHS-NJ"), a New Jersey corporation which operated as a health maintenance
organization ("HMO") in the State of New Jersey, merged with and into First
Option Health Plan of New Jersey, Inc. ("FOHP-NJ"), a New Jersey corporation
which operates as an HMO in the State of New Jersey, pursuant to an Agreement
and Plan of Merger dated as of October 26, 1998 (the "Merger"). PHS-NJ was a
wholly-owned subsidiary of Physicians Health Services, Inc. ("PHS"), a Delaware
corporation, and FOHP-NJ is a wholly-owned subsidiary of FOHP, Inc. ("FOHP"), a
New Jersey corporation. Foundation Health Systems, Inc. ("FHS"), a Delaware
corporation, currently owns approximately ninety-nine percent (99%) of the
outstanding common stock of FOHP and one hundred percent (100%) of the
outstanding common stock of PHS. At the effective time of the Merger, FOHP-NJ
changed its name to Physicians Health Services of New Jersey, Inc. The purpose
of the Merger was to consolidate the FHS controlled HMO operations in the State
of New Jersey into primarily one corporation.
Item 7. Financial Statements and Exhibits.
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Financial Statements required to be filed by this Item in connection
with the Merger disclosed in Item 2 hereof, will be filed by amendment as soon
as such financial statements are available.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FOHP, Inc.
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(Registrant)
By: /s/ Donald Parisi
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Donald Parisi
Vice President, Secretary
and General Counsel
Date: January 14, 1999
