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):
June 28, 2002
ADVOCAT INC.
(Exact name of Registrant as specified in its charter)
Delaware 001-12996 62-1559667
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification
incorporation) Number)
277 Mallory Station Road, Suite 130 Franklin, Tennessee 37067
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(Address of principal executive offices)
(615) 771-7575
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address,
if changed since last report)
ITEM 4. CHANGES TO REGISTRANT'S CERTIFYING ACCOUNTANTS
On June 28, 2002, the Board of Directors of Advocat. ("the Company") determined
to dismiss its independent accountants, Arthur Andersen LLP ("Andersen"),
effective immediately. The Company is still in the process of approving new
independent accountants. The decision to terminate Andersen was approved by the
Company's Board of Directors upon the recommendation of its Audit Committee.
During the two year period ended December 31, 2001 and for the subsequent period
through the date hereof, there were no disagreements between the Company and
Andersen on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements, if
not resolved to Andersen's satisfaction would have caused them to make reference
to the subject matter of the disagreement in connection with their reports.
None of the reportable events described under Item 304(a)(1)(v) of Regulation
S-K occurred within the two year period ended December 31, 2001 and for the
subsequent period through the date hereof.
The audit reports of Andersen on the consolidated financial statements of the
Company and subsidiaries as of and for the two years in the period ended
December 31, 2001 did not contain any adverse opinion or disclaimer of opinion,
nor were they qualified or modified as to uncertainty, audit scope, or
accounting principles except that the audit reports for each of the last two
years contained a qualified opinion with respect to uncertainty about the
Company's ability to continue as a going concern. The Company provided Andersen
with a copy of the foregoing disclosures. A letter from Andersen stating its
agreement with such statements is attached as Exhibit 16.1.
ITEM 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
Number Exhibit
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16.1 Letter of Arthur Andersen LLP regarding change in
certifying accountant
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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 thereunto duly authorized.
ADVOCAT INC.
By: /s/ William R. Council
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William R. Council
Chief Financial Officer
Date: July 1, 2002
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