MATRIA HELATHCARE, INC./PARKER H. PETIT

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

MATRIA HEALTHCARE, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

576817209

(CUSIP Number)

December 31, 2006

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

o Rule 13d-1(c)

þ Rule 13d-1(d)

*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 on 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 (the “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).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Parker H. Petit


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States citizen

		5	SOLE VOTING POWER

NUMBER OF			1,456,341

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			174,302

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH			1,456,341

		8	SHARED DISPOSITIVE POWER

			174,302

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	1,630,643

10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	7.6%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN

TABLE OF CONTENTS


	Item 1(A). Name of Issuer:
	Item 1(B). Address of Issuer’s Principal Executive Offices:
	Item 2(A). Name of Person Filing:
	Items 2(B). Address of Principal Business Office, or, If None, Residence:
	Item 2(C). Citizenship:
	Item 2(D). Title of Class of Securities:
	Item 2(E). CUSIP Number:
	Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
	Item 4. Ownership
	Item 5. Ownership of Five Percent or Less of a Class
	Item 6. Ownership of More than Five Percent on Behalf of another Person
	Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
	Item 8. Identification and Classification of Member of the Group
	Item 9. Notice of Dissolution of Group
	Item 10. Certifications
SIGNATURE

Item 1(A). Name of Issuer:

Matria Healthcare, Inc.

Item 1(B). Address of Issuer’s Principal Executive Offices:

1850 Parkway Place, Marietta, GA 30067

Item 2(A). Name of Person Filing:

Parker H. Petit

Items 2(B). Address of Principal Business Office, or, If None, Residence:

1850 Parkway Place, Marietta, GA 30067

Item 2(C). Citizenship:

United States citizen

Item 2(D). Title of Class of Securities:

Common Stock

Item 2(E). CUSIP Number:

576817209

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f) o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g) o A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) o Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Not applicable

Item 4. Ownership.

(a) Amount beneficially owned: 1,630,643

(b) Percent of class: 7.6%

(c) Number of shares as to which such person has:

(iii)

(ii)

Sole Power

(i)

Shared

to Dispose

(iv)

Sole Power

Power to

or to Direct

Shared Power to

to Vote or to

Vote or to

the

Dispose or to

Direct the

Disposition

Direct the

Vote

Disposition of

Common Stock

1,456,341

174,302

1,456,341

174,302

Item 5. Ownership of Five Percent or Less of a Class.

Not applicable.

Item 6. Ownership of More than Five Percent on Behalf of another Person.

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

Not applicable.

Item 8. Identification and Classification of Member of the Group.

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

Item 10. Certifications.

Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: September 21, 2007


		/s/ Parker H. Petit Parker H. Petit

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