SECURITIES AND EXCHANGE COMMISSION
______________________________
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): May 5, 2004 (April 30, 2004)
Province Healthcare Company
| Delaware | 0-23639 | 62-1710772 | ||
| (State or Other Jurisdiction of | (Commission File Number) | (IRS Employer | ||
| Incorporation) | Identification No.) |
105 Westwood Place | ||||
Suite 400 | ||||
Brentwood, Tennessee | 37027 | |||
| (Address of Principal Executive Offices) | (Zip Code) | |||
(615) 370-1377
(Registrant’s Telephone Number, Including Area Code)
| Item 9. Regulation FD Disclosure | ||||||||
| SIGNATURES | ||||||||
Item 9. Regulation FD Disclosure
Province Healthcare Company completed the sale of Glades General Hospital in Belle Glade, Florida to a wholly-owned subsidiary of the Health Care District of Palm Beach County (the “District”), effective April 30, 2004. The District reacquired the operating assets of the hospital for a purchase price of approximately $1.4 million in cash at closing, net of assumed and contractual obligations. Under the purchase agreement, Province retained the hospital’s accounts receivable, income tax receivable and deferred income taxes, from which the company anticipates collecting approximately $4.6 million, $1.5 million and $4.3 million, respectively. Province announced in January 2004 that it had signed a letter of intent for the District to reacquire the hospital, which Province purchased from the District in 1999.
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.
| PROVINCE HEALTHCARE COMPANY | ||||
| By: | /s/ Howard T. Wall, III | |||
| Howard T. Wall, III | ||||
| Senior Vice President and Secretary | ||||
Date: May 4, 2004
