UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
ENVOY CORPORATION
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
293982104
(CUSIP Number)
Austin D. Kim, Esq.
Transamerica Corporation
600 Montgomery Street
San Francisco, CA 94111
(415) 983-4000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 17, 1997
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box. []
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for
other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a
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.
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).
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1 Name of Reporting Person TRANSAMERICA CORPORATION
IRS Identification No. of Above Person 94-0932740
2 Check the Appropriate Box if a Member of a Group (a) x
(b)
3 SEC USE ONLY
4 Source of Funds WC
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
6 Citizenship or Place of Organization Delaware
NUMBER OF 7 Sole Voting Power 285,000
SHARES
BENEFICIALLY
OWNED BY EACH 8 Shared Voting Power 842,000*
REPORTING
PERSON WITH
9 Sole Dispositive Power 285,000
10 Shared Dispositive Power 842,000*
11 Aggregate Amount Beneficially Owned by Each
Reporting Person 842,000*
12 Check Box if the Aggregate Amount in Row 11
Excludes Certain Shares
13 Percent of Class Represented by Amount
in Row 115.55%
14 Type of Reporting Person HC
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Item 1. Security and Issuer
This Statement relates to shares of the Common Stock,
no par value ("Common Stock"), of Envoy Corporation (the
"Issuer"). The principal executive office and mailing address of
the Issuer is Two Lakeview Place, 15 Century Blvd., Suite 600,
Nashville, Tennessee 37214.
Item 2. Identity and Background
This Statement is filed by Transamerica Corporation
("Transamerica"), a Delaware corporation. Its address is 600
Montgomery Street, San Francisco, California 94111. See Annex A
for the identities of and certain information relating to
Transamerica's directors and executive officers.
Neither Transamerica nor any of its directors or
executive officers has, during the past five years, been
convicted of any criminal proceeding (other than a traffic
citation or similar, minor infraction), nor been a party to a
civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or
is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with
respect to such laws. Each of the persons named in Annex A is a
citizen of the United States of America, except Richard H. Finn,
who is a citizen of Great Britain, and Mark A. McEachen, who is a
citizen of Canada.
Item 3. Source and Amount of Funds or Other Consideration
The source of funds for purchases of Common Stock
reported as beneficially owned in Item 5 of this Statement was
the working capital of Transamerica. The shares owned for the
benefit of investment advisory clients of one of Transamerica's
subsidiaries were purchased with cash assets of such clients.
Item 4. Purpose of Transaction
The shares of Common Stock beneficially owned by
Transamerica and its subsidiaries were acquired in the ordinary
course of business for investment purposes and were not acquired
for the purpose (and do not have the effect) of changing or
influencing the control of the Issuer, and were not acquired in
connection with any transaction having such purposes or effects.
Depending on market conditions and other factors, Transamerica or
its subsidiaries may purchase additional shares of Common Stock
in the open market or in private transactions. Alternatively,
depending on market conditions and other factors, Transamerica
and its subsidiaries may sell all or some of their shares of
Common Stock.
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Neither Transamerica nor any of its directors or
officers has plans or proposals that relate to or would result in
any of the actions set forth in clauses (a) through (j) of Item
4.
Item 5. Interest in Securities of the Issuer
(a), (b), (c) and (d) As of January 24, 1997,
Transamerica directly owned, and had sole voting and dispositive
power with respect to 285,000 shares of Common Stock. According
to the Issuer's Form 10-Q for the quarterly period ended
September 30, 1996, the number of shares of Common Stock
outstanding as of November 14, 1996, was 15,173,739. Based on
such information, the 285,000 shares of Common Stock directly
owned by Transamerica represent approximately 1.88% of the class.
See Annex B with respect to transactions by Transamerica in
Common Stock in the past 60 days, all of which were effected
through broker-dealers. None of Transamerica's directors or
executive officers beneficially owns any shares of Common Stock.
In addition, a subsidiary of Transamerica that is
eligible to file Schedule 13G pursuant to Rule 13d-1 may be
deemed to beneficially own an additional 557,000 shares of Common
Stock for the benefit of investment advisory clients of such
subsidiary. Such shares represent an additional 3.67% of the
class.
Note: Management of the affairs of Transamerica's
subsidiaries, including decisions respecting dispositions and/or
voting of the shares of the Common Stock beneficially owned by
such subsidiaries, resides in the respective officers and
directors of the subsidiaries and is not directed by
Transamerica or other subsidiaries. Accordingly, the filing of
this Schedule 13D by Transamerica is not intended as, and should
not be deemed as, an acknowledgment of beneficial ownership or
shared voting or dispositive power by Transamerica of the shares
of the Common Stock beneficially owned by its subsidiaries, and
such beneficial ownership or attribution or shared voting or
dispositive power is expressly disclaimed.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer
None.
Item 7. Material to be filed as Exhibits
None.
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Signature
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth
in this statement is true, complete and correct.
January 24, 1997
TRANSAMERICA CORPORATION
By /s/ Richard N. Latzer
____________________________
Richard N. Latzer
Senior Vice President and
Chief Investment Officer
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ANNEX A
Directors
Business Principal
Name Address Occupation
Frank C. Herringer 600 Montgomery Street Chairman, President
San Francisco, CA and Chief Executive
94111 Officer, Transamerica
Corporation
Samuel L. Ginn 1 California Street Chairman and Chief
San Francisco, CA Executive Officer,
94111 AirTouch
Communications, Inc.
Gordon E. Moore 2200 Mission College Chairman, Intel
Blvd. Corporation
Santa Clara, CA 95052
Robert W. 375 Park Avenue Vice Chairman and
Matschullat New York, NY 10152 Chief Financial
Officer, The Seagram
Company Ltd.
Toni Rembe 225 Bush Street Partner, Pillsbury
San Francisco, CA Madison & Sutro
94104
Condoleeza Rice Stanford, CA 94305 Provost, Stanford
University
Charles R. Schwab 101 Montgomery Street Chairman and Chief
San Francisco, CA Executive Officer,
94104 The Charles Schwab
Corporation
Forrest N. Shumway 600 Montgomery Street Retired Vice
San Francisco, CA Chairman, Allied-
94111 Signal Inc.
Peter V. Ueberroth 500 Newport Center Managing Director,
Drive, Suite 900 The Contrarian Group,
Newport Beach, CA Inc.
92660
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Executive Officers
Business
Name Address Title
Frank C. Herringer Transamerica Chairman, President
Corporation and Chief Executive
600 Montgomery Street Officer
San Francisco, CA
94111
Thomas J. Cusack Transamerica Executive Vice
Corporation President
600 Montgomery Street
San Francisco, CA
94111
Richard H. Finn Transamerica Executive Vice
Corporation President
600 Montgomery Street
San Francisco, CA
94111
Edgar H. Grubb Transamerica Executive Vice
Corporation President and Chief
600 Montgomery Street Financial Officer
San Francisco, CA
94111
Robert A. Watson Transamerica Executive Vice
Corporation President
600 Montgomery Street
San Francisco, CA
94111
Shirley H. Buccieri Transamerica Senior Vice
Corporation President, General
600 Montgomery Street Counsel and Secretary
San Francisco, CA
94111
Richard N. Latzer Transamerica Senior Vice President
Corporation and Chief Investment
600 Montgomery Street Officer
San Francisco, CA
94111
Burton E. Broome Transamerica Vice President and
Corporation Controller
600 Montgomery Street
San Francisco, CA
94111
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Business
Name Address Title
Richard H. Pearson Transamerica Vice President-
Corporation Corporate Development
600 Montgomery Street
San Francisco, CA
94111
Mark A. McEachen Transamerica Vice President and
Corporation Treasurer
600 Montgomery Street
San Francisco, CA
94111
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ANNEX B
Transactions in Common Stock
Transamerica has acquired 10,000 shares of Common Stock in
open market transactions since November 25, 1996, at the
prices and in the amounts shown below.
No. of Average Price Per Share ($)
Date Shares (excluding commissions)
January 17, 1997 10,000 32.8891
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