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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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):
January 16, 1998 (January 12, 1998)
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PHYCOR, INC.
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(Exact name of registrant as specified in its charter)
Tennessee 0-19786 62-13344801
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(State or Other (Commission File (I.R.S. Employer
Jurisdiction of Number) Identification
Incorporation) Number)
30 Burton Hills Boulevard
Suite 400
Nashville, Tennessee 37015
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(Address of principal executive offices) (Zip Code)
(615) 665-9066
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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)
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Page 1 of 4 pages
Exhibit Index located on Page 4
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ITEM 5. OTHER EVENTS.
On January 12, 1998, PhyCor, Inc., a Tennessee corporation
(the "Company"), announced that it anticipates recording pre-tax charges to
earnings in the fourth quarter of 1997 and the first quarter of 1998 of
approximately $83 million and $37 million, respectively. These anticipated
nonrecurring charges relate to merger expenses, asset revaluations and
operational restructuring activities.
The press release announcing the anticipated nonrecurring
charges to the Company's earnings is attached hereto as Exhibit 99 and is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial Statements of Business Acquired.
None required
(b) Pro Forma Financial Information.
None required
(c) Exhibits.
99 Form of press release issued by the Registrant
announcing the anticipated nonrecurring charges
relating to merger expenses, asset revaluations and
operational restructuring activities
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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 hereunto duly authorized.
PHYCOR, INC.
By: /s/ N. Carolyn Forehand, Esq.
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N. Carolyn Forehand, Esq.
Vice President
Date: January 16, 1998
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION OF EXHIBITS
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99 -- Form of press release issued by the Registrant announcing the
anticipated nonrecurring charges relating to merger expenses,
asset revaluations and operational restructuring activities.
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