-----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, RS/y3H4Cv2TgkUiaaMBrFE3NeY7l6ViZLBpBzxwUx85Es9o96Qj1MckhQjbxK1KK bpJgdai4m5ICF2CRPcbA3A== /in/edgar/work/20000619/0000950115-00-000834/0000950115-00-000834.txt : 20000919 0000950115-00-000834.hdr.sgml : 20000919 ACCESSION NUMBER: 0000950115-00-000834 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20000619 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HEALTHCARE RECOVERIES INC CENTRAL INDEX KEY: 0000858629 STANDARD INDUSTRIAL CLASSIFICATION: [8000 ] IRS NUMBER: 611141758 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-51111 FILM NUMBER: 656841 BUSINESS ADDRESS: STREET 1: 1400 WATTERSON TOWER CITY: LOUISVILLE STATE: KY ZIP: 40218 BUSINESS PHONE: 5024541340 MAIL ADDRESS: STREET 1: 1400 WATTERSON TOWER CITY: LOUISVILLE STATE: KY ZIP: 40218 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KAUFMANN FUND INC CENTRAL INDEX KEY: 0000054771 STANDARD INDUSTRIAL CLASSIFICATION: [ ] IRS NUMBER: 132605091 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 140 E 45TH ST 43RD FL STREET 2: STE 2624 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129220123 MAIL ADDRESS: STREET 1: 140 EAST 45TH ST STREET 2: 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: PAW GROWTH FUND INC DATE OF NAME CHANGE: 19701022 FORMER COMPANY: FORMER CONFORMED NAME: PHILIPS APPEL & WALDEN FUND INC DATE OF NAME CHANGE: 19680711 SC 13D 1 0001.txt INITIAL FILING UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. _________)* HEALTHCARE RECOVERIES, INC. --------------------------- (Name of Issuer) Common Stock, par value $.001 per share --------------------------------------- (Title of Class of Securities) 42220K101 -------------- (CUSIP Number) Lawrence E. Auriana, Chairman The Kaufmann Fund, Inc. 140 East 45th Street, 43rd Floor NY, NY ----------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 19, 2000 ------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), (f) or (g), check the following box [X] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. *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 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). SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 42220K101 Page 2 of 7 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS The Kaufmann Fund, Inc. ID No. 13-2605091 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Maryland - -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 1,396,000 PERSON WITH --------------------------------------------- 8. SHARED VOTING POWER None --------------------------------------------- 9. SOLE DISPOSITIVE POWER 1,396,000 --------------------------------------------- 10. SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,396,000 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.4% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* IV - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 42220K101 Page 3 of 7 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Edgemont Asset Management Corporation ID No. 13-3336194 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING None PERSON WITH --------------------------------------------- 8. SHARED VOTING POWER 1,396,000 --------------------------------------------- 9. SOLE DISPOSITIVE POWER None --------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,396,000 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,396,000 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.4% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 42220K101 Page 4 of 7 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Lawrence E. Auriana - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Connecticut - -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 73,500 PERSON WITH ------------------------------------ 8. SHARED VOTING POWER 1,396,000 ------------------------------------ 9. SOLE DISPOSITIVE POWER 73,500 ------------------------------------ 10. SHARED DISPOSITIVE POWER 1,396,000 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,469,500 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.1% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ITEM 1. SECURITY AND ISSUER. This Statement relates to the common stock, par value $.001 ("Common Stock"), of HEALTHCARE RECOVERIES, INC. (the "Issuer"). The principal executive offices of the Issuer are located at 1400 Watterson Tower, Louisville, Kentucky, 40218. ITEM 2. IDENTITY AND BACKGROUND. The persons filing this Statement ("Reporting Persons") are The Kaufmann Fund, Inc., a Maryland corporation, Edgemont Asset Management Corporation, a New York Corporation ("Edgemont"), and Lawrence E. Auriana, a controlling shareholder of Edgemont. The principal office or business address of each Reporting Persons is 140 E. 45th Street, 43rd Floor, New York, New York 10017. The principal business of The Kaufmann Fund is investing in securities, and the principal business of Edgemont is providing management and investment advisory services to The Kaufmann Fund. Mr. Auriana's principal occupation is serving as Chairman of The Kaufmann Fund and President of Edgemont. Mr. Auriana is a U.S. citizen. During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or been a party to any civil proceeding and as a result thereof was or is subject to any judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS The funds used by The Kaufmann Fund to acquire the Common Stock came from the Fund's working capital, and the funds used by Lawrence Auriana to acquire his holdings of the Common Stock came from his personal assets. ITEM 4. PURPOSE OF TRANSACTION The Kaufmann Fund acquired its shares of the Common Stock in the ordinary course of business for investment purposes. Mr. Auriana acquired his personal holdings of the Common Stock for investment purposes. On June 13, 1997, The Kaufmann Fund filed a Schedule 13G pursuant to Rule 13d-1(c). This Schedule 13D is being filed pursuant to Rule 13d-1(e)(i). The Reporting Persons are currently evaluating possible courses of action they might take with respect to their interests in the Issuer's Common Stock. They have not yet made any decisions about such courses of action. The Reporting Persons will consider a variety of factors in determining their courses of action including, but not limited to, the Issuer's business and prospects, other developments concerning the Issuer and the Issuer's industries generally, other business opportunities available to the Reporting Persons and other developments with respect to the business of the Reporting Persons, general economic conditions and monetary and stock market conditions, including the market price of the Common Stock. The Reporting Persons will consider the feasibility and advisability of various alternative courses of action, and the Reporting Persons reserve the right (i) to hold their shares of Common Stock as passive investors or as active investors (whether or not as a member of a group with other beneficial owners of the Common Stock or otherwise), (ii) to form a group with other beneficial owners of Common Stock, (iii) to acquire beneficial ownership of additional shares of Common Stock in the open market, in privately negotiated transactions or otherwise, (iv) to dispose of all or part of their holdings of Common Stock, (v) to take other actions which could involve one or more of the types of transactions or have one or more of the results described in the next paragraph of this Item 4, or (vi) to change their intention with respect to any or all of the matters referred to in this Item 4. Other than as described above, the Reporting Persons have no present plans or proposals which relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) any change in the present Board of Directors or management of the Issuer, including any plans or proposals to change the number or terms of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate structure; (g) changes in the Issuer's charter, by-laws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (h) causing a class of securities of the Issuer to be deleted from a national securities exchange or to cease to be authorized to be quoted in any inter-dealer quotation system or a registered national securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act; or (j) any action similar to any of those enumerated above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As of the date of this Statement, The Kaufmann Fund beneficially owns, and Edgemont and Mr. Auriana are deemed to beneficially own, 1,396,000 shares of the Common Stock of the Issuer, representing approximately 12.4% of the Common Stock currently outstanding. Additionally, Mr. Auriana personally owns another 73,500 shares of the Common Stock outstanding, which makes him a beneficial owner in the aggregate of 13.1% of the Common Stock currently outstanding. (b) The Kaufmann Fund has sole voting and dispositive power with respect to 1,396,000 shares of the Common Stock. Each of Edgemont and Mr. Auriana have shared voting and dispositive power with respect to the Fund's 1,396,000 shares of the Common Stock. Mr. Auriana has sole voting and dispositive power with respect to 73,500 shares. (c) None of The Kaufmann Fund, Edgemont or Mr. Auriana have effected transactions in the Common Stock during the past sixty days. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS (a) Joint Filing Agreement SIGNATURE After due inquiry, to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: June 19, 2000 The Kaufmann Fund, Inc. By: /s/ Lawrence E. Auriana, Chairman ---------------------------------- Edgemont Asset Management Corporation By: /s/ Lawrence E. Auriana, President ---------------------------------- /s/ Lawrence E. Auriana ---------------------------------- Lawrence E. Auriana EX-7.(A) 2 0002.txt JOINT FILING AGREEMENT EXHIBIT 7(a) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock of Healthcare Recoveries, Inc. and further agree that this agreement be included as an exhibit to such filing. Each party to the agreement expressly authorizes each other party to file on its behalf any and all amendments to such statement. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts. In evidence whereof, the undersigned have caused this Agreement to be executed on their behalf this 19th day of June, 2000. The Kaufmann Fund, Inc. By: /s/ Lawrence E. Auriana, Chairman ---------------------------------- Edgemont Asset Management Corporation By: /s/ Lawrence E. Auriana, President ---------------------------------- /s/ Lawrence E. Auriana ---------------------------------- Laurence E. Auriana -----END PRIVACY-ENHANCED MESSAGE-----