-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B4u9tAKlMmuUfeZUsix8R2jsBeEio0brTHTVY7bwGeE82QsEkSxGh8n/V5ONvYlq YpHgb4wlvVgJFvZ0uoEnFw== 0001026491-99-000002.txt : 19991021 0001026491-99-000002.hdr.sgml : 19991021 ACCESSION NUMBER: 0001026491-99-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991231 ITEM INFORMATION: FILED AS OF DATE: 19991020 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACADIA NATIONAL HEALTH SYSTEMS INC CENTRAL INDEX KEY: 0001026491 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090] IRS NUMBER: 010509781 STATE OF INCORPORATION: CO FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-28976 FILM NUMBER: 99731192 BUSINESS ADDRESS: STREET 1: 95 PARK STREET STREET 2: 2ND FLOOR CITY: LEWISTON STATE: ME ZIP: 04240 BUSINESS PHONE: 2077773432 MAIL ADDRESS: STREET 1: 460 MAIN CITY: LEWISTON STATE: ME ZIP: 04240 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 20, 1999 ACADIA NATIONAL HEALTH SYSTEMS, INC. (Exact Name of Registrant as Specified in its Charter) COLORADO (State or Other Jurisdiction of Incorporation) 0-28976 010509781 (Commission File Number) (I.R.S. Employer Identification Number) 415 Rodman Road, Auburn, Maine 04210 (Address of Principal Executive Offices) (Zip Code) (207) 777-3423 (800) 479-3066 (Registrant's Telephone Number, Including Area Code) INFORMATION INCLUDED IN THIS REPORT ITEMS 1 THROUGH 4, 6 THROUGH 9 NOT APPLICABLE. ITEM 5. OTHER EVENTS. (i) Reference is made to the press releases issued to the public by the Registrant on October 4 and 12, 1999, the text of which is attached hereto as Exhibit 99.1 and 99.2, respectively, including a description of the events reported pursuant to this Form 8-K. INDEX TO EXHIBITS Exhibit Description 99.1 Text of press release dated October 12, 1999 99.2 Text of press release dated October 4, 1999 Exhibit 99.1 Echo Management Group and Acadia National Health Systems, Inc. Announce Joint Venture CENTER CONWAY, N.H. and AUBURN, Maine, Oct 12, l999 (BW HealthWire)-- Echo Management Group and Acadia National Health Systems, Inc. have formed a joint venture to meet the needs of the behavioral health providers. The venture combines Echo's leading edge software solutions with Acadia National Health Systems transaction processing, insurance billing, and managed care reporting services. The venture provides behavioral healthcare agencies with an Application Service Provider (ASP) approach to streamlining and improving the agency's bottom line. The ASP model provides an agency with hardware/software, skilled billing personnel, and improved revenue streams without the need for large capital expenditures. CONTACT: Echo Management Group Michael Lachapelle, (800) 635-8209 www.echoman.com; or Acadia National Health Systems, Inc. John F. Raden, (800) 479-3066 Exhibit 99.2 Maine Healthcare Companies Plan Merger AUBURN, Maine, Oct 4, 1999 (BW HealthWire) -- Acadia National Health Systems, Inc., (OTCBB: ACAD) a publicly traded Maine based medical financial and consulting company serving physicians and medical service organizations throughout New England, announced today that it has signed a letter of intent to merge with Medlecture.com. Medlecture.com is an Internet e-commerce company based in Auburn, Maine, that provides a unique web based information and education program for physicians. "The combination of Acadia and Medlecture.com is the natural evolution for both companies," said Paul Chute Chairman/CEO of Acadia. "They are a perfect match. Acadia has a long history of bringing a superior level of financial service to physicians throughout New England. By combining the resources of the Internet based Medlecture.com with Acadia, physicians will be able to receive a comprehensive package of financial and education resources." The fact that Acadia is a publicly traded company with an experienced senior management team already in place, were critical factors in the merger. Emile Clavet, a partner in Medlecture.com said, "In order to raise the funds required to grow our business in the future, it will be necessary for us to be a public company with a strong management team. Acadia National Health Systems, Inc. has, for the past three years, had all the elements in place and is a fully compliant public company." "This is an excellent opportunity for Acadia National Health System's shareholders," added Chute. "They will be getting a stronger company with new products and services that will help the company continue to grow and add increased shareholder value." Acadia and Medlecture.com will now proceed to the due diligence phase of the process and expect to receive board and shareholder approval for the merger by the end of the year. CONTACT: Acadia National Health Systems, Inc. John W. Holt Jr., 207/777-3423 jolt@acadianational.com 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. ACADIA NATIONAL HEALTH SYSTEMS, INC. /s/ Paul W. Chute DATE: October 20, 1999 By: PAUL W. CHUTE Name: Paul W. Chute Title: Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----