PHYSICIANS RESOURCE GROUP INC
8-K, 2000-09-27
SPECIALTY OUTPATIENT FACILITIES, NEC
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                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT



               Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



      Date of Report (Date of earliest Event reported) September 21, 2000



                        Physicians Resource Group, Inc.
             (Exact name of registrant as specified in its charter)



        Delaware                         1-13778                 76-0456864
(State or other jurisdiction           (Commission             (IRS Employer
    of incorporation)                  File Number)          Identification No.)

               14800 Landmark Blvd., Suite 500, Dallas, TX 75240
               Address of principal executive offices)  (Zip Code)

       Registrant's telephone number, including area code (972) 892-7200
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Item 5.  Other Events

     On September 21, 2000, Physicians Resource Group, Inc. (the "Company"), a
debtor-in-possession, filed a Monthly Operating Report for the period August 1,
2000 through August 31, 2000 with the United States Bankruptcy Court for the
Northern District of Texas, Dallas Division (the "Bankruptcy Court"), Case
Number 00-30748-RCM.  The Company's Monthly Operating Reports are not prepared
on a consolidated basis and therefore do not include the results of asset sales,
income, expense, assets or liabilities of the Company's subsidiaries.  The
Company's investment in subsidiaries of $76.6 million included in the Monthly
Operating Report for the month of August 2000 consists of various assets
including cash of approximately $37.7 million held by the Company's
subsidiaries.  Like the Company, the Company's subsidiaries are subject to a
variety of possible claims of creditors and other third party liabilities.  If
these claims are substantiated, their value may exceed the amount of cash held
by the Company's subsidiaries.

     The Company's wholly-owned subsidiary, EyeCorp, Inc. ("EyeCorp"), also a
debtor-in-possession, filed on September 21, 2000, a Monthly Operating Report
for the period August 1, 2000 through August 31, 2000 with the Bankruptcy Court.
The Company intends to continue to file EyeCorp's separate Monthly Operating
Reports together with the Company's Monthly Operating Reports under cover of
Form 8-K.

     On August 4, 2000, the Company and EyeCorp filed with the Bankruptcy Court
their Disclosure Statement and Joint Chapter 11 Plan of Liquidation.

Item 7.  Financial Statements and Exhibits

     (c)  Exhibits:

          99.1  Monthly Operating Report for the Company for August 1, 2000

                through August 31, 2000.

          99.2  Monthly Operating Report for EyeCorp for August 1, 2000

                through August 31, 2000.

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                                   SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d) of the Securities and
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                              PHYSICIANS RESOURCE GROUP, INC.


DATE: September 25, 2000      By:   /s/ Michael Yeary
                                 -------------------------------
                                    Michael Yeary, President and
                                    Chief Restructuring Officer

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