SC 13G 1 v086033_sc13g.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

ECLIPSYS CORPORATION
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
278856109
(CUSIP Number)
 
August 13, 2007
(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)
x Rule 13d-1(c)
o Rule 13d-1(d)

*The remainder of this cover page shall be filed 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 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 ("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).
 

 
CUSIP No. 278856109
SCHEDULE 13G
 
     
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
 
     
 
Bridger Management, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
   
(a) o
   
(b) x
3
SEC USE ONLY
 
     
     
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
Delaware
 
 
5
SOLE VOTING POWER
 
   
 
   0
NUMBER OF
6
SHARED VOTING POWER
SHARES
   
BENEFICIALLY
  
3,053,000
OWNED BY
7
SOLE DISPOSITIVE POWER
EACH
   
REPORTING
   0
PERSON
8
SHARED DISPOSITIVE POWER
WITH
   
    
3,053,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
3,053,000
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
     
   
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
     
 
5.71%
 
12
TYPE OF REPORTING PERSON*
 
     
 
OO
 
 
*SEE INSTRUCTIONS BEFORE FILLING OUT!
 
Page 2 of 8

 
CUSIP No. 278856109
SCHEDULE 13G
     
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
 
     
 
Roberto Mignone
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
   
(a) o
   
(b) x
3
SEC USE ONLY
 
     
     
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
United States
 
 
5
SOLE VOTING POWER
 
   
 
   0
NUMBER OF
6
SHARED VOTING POWER
SHARES
   
BENEFICIALLY
  
3,053,000
OWNED BY
7
SOLE DISPOSITIVE POWER
EACH
   
REPORTING
   0
PERSON
8
SHARED DISPOSITIVE POWER
WITH
   
    
3,053,000
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
3,053,000
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
     
   
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
     
 
5.71%
 
12
TYPE OF REPORTING PERSON*
 
     
 
IN
 
 
*SEE INSTRUCTIONS BEFORE FILLING OUT!
 
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Item 1(a).
Name of Issuer: Eclipsys Corporation
   
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
1750 Clint Moore Road, Boca Raton, Florida 33487, United States
   
Item 2(a, b, c).
Name of Persons Filing, Address of Principal Business Office, Citizenship:
   
 
Bridger Management, LLC, a Delaware limited liability company and
 
Mr. Roberto Mignone (“Mr. Mignone”), each having offices at 90 Park Avenue - 40th Floor, New York, NY 10016. Mr. Mignone is a United States citizen.
   
Item 2(d).
Title of Class of Securities: Common Stock, par value $0.01 per share (the “Common Stock”)
   
Item 2(e).
CUSIP Number: 278856109
   
Item 3.
Not Applicable.
   
Item 4.
Ownership.
 
 
1.
Bridger Management, LLC:
         
   
(a)
Amount beneficially owned: 3,053,000 shares.
   
(b)
Percent of class: 5.71%. The percentage of Common Stock reported as beneficially owned is based upon 53,435,994 shares outstanding as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2007.
   
(c)
Number of shares as to which such person has:
     
(i)
Sole power to vote or to direct the vote: 0
     
(ii)
Shared power to vote or to direct the vote: 3,053,000 shares
     
(iii)
Sole power to dispose or to direct the disposition of: 0
     
(iv)
Shared power to dispose or to direct the disposition of: 3,053,000 shares
 
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2.
Roberto Mignone
         
   
(a)
Amount beneficially owned: 3,053,000 shares.
   
(b)
Percent of class (determined as set forth in paragraph 1(b) of this Item 4): 5.71%
   
(c)
Number of shares as to which such person has:
     
(i)
Sole power to vote or to direct the vote: 0
     
(ii)
Shared power to vote or to direct the vote: 3,053,000 shares 
     
(iii)
Sole power to dispose or to direct the disposition of: 0
     
(iv)
Shared power to dispose or to direct the disposition of: 3,053,000 shares.

The Common Stock reported herein is beneficially owned as a result of the purchase of such shares by Swiftcurrent Partners, L.P. and Swiftcurrent Offshore, Ltd., which are managed by Bridger Management, LLC. Mr. Mignone is the managing member of Bridger Management, LLC.
Page 5 of 8


Item 5.
Ownership of Five Percent or less of a Class:
   
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
   
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
   
 
The Common Stock reported herein is held by certain accounts managed by Bridger Management, LLC. No such interest relates to more than 5% of the class.
   
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
   
 
Not Applicable.
   
Item 8.
Identification and Classification of Members of the Group.
   
 
Not Applicable.
   
Item 9.
Notice of Dissolution of Group.
   
 
Not Applicable.
   
Item 10.
Certification.
   
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
[Signature Page Follows:]

Page 6 of 8


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.

DATED: August 23, 2007
     
  BRIDGER MANAGEMENT, LLC
 
 
 
 
 
 
By:   /s/ Roberto Mignone 
 
Roberto Mignone, Managing Member 
   
 
     
By:    /s/ Roberto Mignone 
 
Roberto Mignone,
  Individually 
 
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