PHYSICIANS RESOURCE GROUP INC
8-K, 2000-11-29
SPECIALTY OUTPATIENT FACILITIES, NEC
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                      SECURITIES AND EXCHANGE COMMISSION

                            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) November 20, 2000

                        Physicians Resource Group, Inc.

            (Exact name of registrant as specified in its charter)

<TABLE>
<S>                           <C>                             <C>
         Delaware                    1-13778                     76-0456864
(State or other jurisdiction       (Commission                  (IRS Employer
    of incorporation)              File Number)              Identification No.)
</TABLE>
               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
<PAGE>

Item 5.  Other Events

     On November 20, 2000, Physicians Resource Group, Inc. (the "Company"), a
debtor-in-possession, filed a Monthly Operating Report for the period October 1,
2000 through October 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 $76.9 million included in the Monthly
Operating Report for the month of October 2000 consists of various assets
including cash of approximately $38.0 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 November 20, 2000, a Monthly Operating Report for
the period October 1, 2000 through October 31, 2000 with the Bankruptcy Court.
The Company intends to continue to file with the Securities and Exchange
Commission EyeCorp's separate Monthly Operating Reports together with the
Company's Monthly Operating Reports under cover of Form 8-K.

Item 7.  Financial Statements and Exhibits

     (c)  Exhibits:

          99.1  Monthly Operating Report for the Company for October 1, 2000
                through October 31, 2000.

          99.2  Monthly Operating Report for EyeCorp for October 1, 2000
                through October 31, 2000.

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<PAGE>

                                  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: November 29, 2000                By:   /s/ Michael Yeary
                                          ---------------------------------
                                             Michael Yeary, President and
                                             Chief Restructuring Officer

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