-----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, Uu/qeR8FATRfpUUB6kv6t+qKcGkI9s5gUET/GFG+VJ+AtS9+E7Lp2iqa9ZIjcUaV oOfDpjAzMUbW0O+phCirIw== 0000950144-04-005761.txt : 20040524 0000950144-04-005761.hdr.sgml : 20040524 20040521182533 ACCESSION NUMBER: 0000950144-04-005761 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040520 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROVINCE HEALTHCARE CO CENTRAL INDEX KEY: 0001044942 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC [8062] IRS NUMBER: 621710772 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31320 FILM NUMBER: 04825261 BUSINESS ADDRESS: STREET 1: 105 WESTPARK DR STREET 2: STE 400 CITY: BRENTWOOD STATE: TN ZIP: 37027 BUSINESS PHONE: 6153701377 MAIL ADDRESS: STREET 1: 105 WESTPARK DR STREET 2: SUITE 180 CITY: BRENTWOOD STATE: TN ZIP: 37207 8-K 1 g89340e8vk.htm PROVINCE HEALTHCARE COMPANY Province Healthcare Company
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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 (Date of earliest event reported): May 20, 2004 (May 20, 2004)


Province Healthcare Company

(Exact Name of Registrant as Specified in Its Charter)
         
Delaware   0-23639   62-1710772
(State or Other
Jurisdiction of
Incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)
         
105 Westwood Place
Suite 400
Brentwood, Tennessee

(Address of Principal Executive Offices)
      37027
(Zip Code)

(615) 370-1377
(Registrant’s Telephone Number, Including Area Code)

 


TABLE OF CONTENTS

SIGNATURES
Ex-99 Press Release


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Item 5. Other Events

     On May 20, 2004, Province Healthcare Company announced that it signed a definitive agreement to acquire, through a long-term lease, substantially all of the assets of Memorial Medical Center in Las Cruces, New Mexico from The City of Las Cruces, New Mexico and The County of Doña Ana, New Mexico. Memorial Medical Center is licensed for 286 acute care beds and reported net revenues of approximately $150 million for the year ended December 31, 2003. It is anticipated that the acquisition will close in the second quarter of this fiscal year, subject to customary closing conditions and regulatory approvals.

Item 7. Financial Statements and Exhibits

  (a)   Exhibits

  99   Copy of the press release, dated May 20, 2004, of Province Healthcare Company announcing that the Company signed a definitive agreement to acquire substantially all of the assets of Memorial Medical Center in Las Cruces, New Mexico.

 


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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.

         
    PROVINCE HEALTHCARE COMPANY
         
    By:   /s/ Steve Brumfield

Steve Brumfield
Assistant Vice President and Controller
         
Date: May 20, 2004        

 

EX-99 2 g89340exv99.txt EX-99 PRESS RELEASE EXHIBIT 99 [PROVINCE HEALTHCARE LOGO] NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: PAMELA L. JETER VICE PRESIDENT, INVESTOR RELATIONS (615) 370-1377 PROVINCE HEALTHCARE SIGNS DEFINITIVE AGREEMENT TO ACQUIRE HOSPITAL IN LAS CRUCES, NEW MEXICO Brentwood, TN, May 20, 2004 - Province Healthcare Company (NYSE:PRV) today announced the signing of a definitive agreement to acquire, through a long-term lease, substantially all of the assets of Memorial Medical Center in Las Cruces, New Mexico from The City of Las Cruces, New Mexico and The County of Dona Ana. The 286-bed hospital reported net revenues of approximately $150 million for the year ended December 31, 2003. The transaction is anticipated to close before the end of the second quarter ending June 30, 2004, subject to customary closing conditions and regulatory approvals. Martin S. Rash, Chairman and Chief Executive Officer of Province, said, "We are most pleased that the Board of Finance of New Mexico unanimously approved this transaction between Province Healthcare and the City of Las Cruces and Dona Ana County. We are excited to be in another New Mexico community as we have found the state to be an excellent environment for the delivery of healthcare by the Company. We look forward to continuing the delivery of quality healthcare, recruiting new physicians and bringing additional services to the community." Province Healthcare is a provider of healthcare services in attractive non-urban markets in the United States. The Company owns or leases 19 general acute care hospitals in 12 states with a total of 2,200 licensed beds. The Company also provides management services to 36 non-urban hospitals in 14 states with a total of 3,033 licensed beds. Certain statements contained in this release, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may include projections of revenues, income or loss, capital expenditures, capital structure, or other financial items, statements regarding 1 the plans and objectives of management for future operations, statements of future economic performance, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact. These statements are based on current estimates of future events, and the Company has no obligation to update or correct these estimates unless considered material to the Company. Forward-looking statements involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with general economic and business conditions, the effect of future governmental regulations, changes in reimbursement levels by government programs, including Medicare and Medicaid or other third party payors,the Company's continued ability to recruit and retain physicians and the Company's ability to successfully complete and integrate acquisitions. Those and other risks are described in the Company's reports and filings with the Securities and Exchange Commission. CONTACT: PAMELA L. JETER, PROVINCE HEALTHCARE COMPANY (PRV) AT (615) 370-1377 2
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