UNITED STATES
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): February 18, 2005
REHABCARE GROUP, INC.
(Exact name of Company as specified in its charter)
Delaware 0-19294 51-0265872
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
7733 Forsyth Boulevard
23rd Floor
St. Louis, Missouri 63105
(Address of principal executive offices) (Zip Code)
(314) 863-7422
(Company's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Company under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On February 22, 2005, RehabCare Group, Inc. issued a press release
announcing the resignation of Joseph R. Swedish from its Board of Directors
effective February 18, 2005. A copy of that press release is filed as an exhibit
to this report and is incorporated here by reference.
Item 9.01 Financial Statements and Exhibits
(c) The following exhibit is filed as part of this report:
Exhibit Number Description
99.1 Press Release dated February 22, 2005,
issued by RehabCare Group, Inc.
* * *
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.
Dated: February 22, 2005
REHABCARE GROUP, INC.
By: /s/ Vincent L. Germanese
---------------------------
Vincent L. Germanese
Senior Vice President, Chief
Financial Officer and Secretary
EXHIBIT INDEX
Exhibit No. Description
99.1 Press release dated February 22, 2005 issued by RehabCare Group, Inc.
Exhibit 99.1
CONTACT: RehabCare Group, Inc.
Vincent L. Germanese, Senior Vice President
& Chief Financial Officer
Betty Cammarata, Dir-Investor Relations
Press: David Totaro, Senior Vice President,
Corporate Marketing & Communications
(314) 863-7422 or
Financial Dynamics
Gordon McCoun/Lanie Marcus
Press: Sean Leous
(212) 850-5600
FOR IMMEDIATE RELEASE
Tuesday, February 22, 2005
Joseph R. Swedish Resigns from RehabCare Group, Inc. Board of Directors
St. Louis, MO, February 22, 2005 -- RehabCare Group, Inc. (NYSE:RHB) announced
that Joseph R. Swedish has resigned from the Company's Board of Directors,
effective February 18, 2005. Mr. Swedish informed the Company that he had
recently accepted a position as Chief Executive Officer of a large non-profit
multi-hospital system, Trinity Health, Novi, Michigan and has determined in
consultation with his board of directors that his new position requires his full
time and attention for the foreseeable future. RehabCare is currently looking to
replace Mr. Swedish's position on the Company's Board.
John H. Short, Ph.D., President and Chief Executive Officer of RehabCare
Group, commented, "We thank Joe for his contributions to RehabCare over the past
eight months and wish him much success with his new endeavor."
Mr. Swedish, commented, "I appreciate the ability to have made a
contribution to the performance of the Company alongside very talented fellow
board members. I have been truly honored to serve with such esteemed and
creative colleagues."
Mr. Swedish joined Trinity Health in January 2005 as its President and CEO.
Trinity is one of the nation's largest Catholic healthcare systems. It has net
revenues of over $5 billion, 44,000 full-time employees, operations in seven
states, 45 hospitals and 384 outpatient facilities.
RehabCare Group, Inc., headquartered in St. Louis, MO, is a leading
provider of program management services for hospital inpatient rehabilitation
and skilled nursing units, outpatient therapy programs and contract therapy
services in conjunction with more than 800 hospitals and skilled nursing
facilities in 39 states, the District of Columbia and Puerto Rico. RehabCare is
pleased to be included in the Russell 2000 and Standard and Poor's Small Cap 600
indices.
-END-