-----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, FQGLxD8LVh05uLFEoW+rQCN4Z+LnehcTjBvH7XbvjmwuU0eP4+K0NCFqIXj5eQ+Q MEo+ySUlGeCQGLaQQW316Q== 0001005477-99-004391.txt : 19990921 0001005477-99-004391.hdr.sgml : 19990921 ACCESSION NUMBER: 0001005477-99-004391 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990920 GROUP MEMBERS: CONROY CORPORATION GROUP MEMBERS: JAMES A. CONROY GROUP MEMBERS: LJM CORPORATION GROUP MEMBERS: LOUIS J. MISCHIANTI GROUP MEMBERS: ODYSSEY ZEUS, INC. GROUP MEMBERS: OEF, L.P. GROUP MEMBERS: OGP PARTNERS, L.P. GROUP MEMBERS: OLYMPUS EXECUTIVE FUND, L.P. GROUP MEMBERS: OLYMPUS PRIVATE PLACEMENT FUND LP GROUP MEMBERS: ROBERT S. MORRIS GROUP MEMBERS: RSM CORPORATION SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PARACELSUS HEALTHCARE CORP CENTRAL INDEX KEY: 0000758722 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC [8062] IRS NUMBER: 953565943 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-46747 FILM NUMBER: 99713931 BUSINESS ADDRESS: STREET 1: 515 W GREENS RD STREET 2: STE 800 CITY: HOUSTON STATE: TX ZIP: 77067 BUSINESS PHONE: 2817745100 MAIL ADDRESS: STREET 1: 515 W GREENS RD STREET 2: STE 800 CITY: HOUSTON STATE: TX ZIP: 77067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OLYMPUS PRIVATE PLACEMENT FUND LP CENTRAL INDEX KEY: 0000861544 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 061288030 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O OLYMPUS PARTNERS STREET 2: METRO CENTER ONE STATION PLACE CITY: STAMFORD STATE: CT ZIP: 06430 BUSINESS PHONE: 2033535900 MAIL ADDRESS: STREET 1: C/O OLYMPUS PARTNERS STREET 2: METRO CENTER ONE STATION PLACE CITY: STAMFORD STATE: CT ZIP: 06430 SC 13G 1 SCHEDULE 13G ------------------------------- OMB APPROVAL ------------------------------- OMBI Number: 3235-0145 Expires: August 31, 1999 Estimated average burden hours per response............ 14.90 ------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ______)* Paracelsus Healthcare Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 698891-10-8 ----------------------------------- (CUSIP Number) September 2, 1999 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting persons' 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 in 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). Page 1 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Olympus Executive Fund, L.P. I.R.S. #06-1440917 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 15,978 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 15,978 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 15,978 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 0.0% but 5.8% if considered together with Olympus Private Placement Fund, L.P. - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- Page 2 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). OEF, L.P. I.R.S. #06-1440918 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 15,978 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 15,978 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 15,978 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 0.0% but 5.8% if considered together with Olympus Private Placement Fund, L.P. - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- Page 3 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). RSM Corporation I.R.S. #06-1405789 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 15,978 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 15,978 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 15,978 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 0.0% but 5.8% if considered together with Olympus Private Placement Fund, L.P. - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 4 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Conroy Corporation I.R.S. #06-1405788 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 15,978 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 15,978 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 15,978 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 0.0% but 5.8% if considered together with Olympus Private Placement Fund, L.P. - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 5 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). LJM Corporation I.R.S. #06-1405792 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 15,978 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 15,978 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 15,978 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 0.0% but 5.8% if considered together with Olympus Private Placement Fund, L.P. - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 6 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Olympus Private Placement Fund, L.P. I.R.S. #06-1440917 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 3,319,261 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 3,319,261 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 3,319,261 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 5.8% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- Page 7 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). OGP Partners, L.P. I.R.S. #06-1287592 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 3,319,261 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 3,319,261 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 3,319,261 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 5.8% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- Page 8 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Robert S. Morris - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization US Citizen - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 3,335,239 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 3,335,239 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 3,335,239 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 5.8% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- Page 9 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). James A. Conroy - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization US Citizen - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 3,335,239 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 3,335,239 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 3,335,239 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 5.8% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- Page 10 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Louis J. Mischianti - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization US Citizen - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 15,978 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 15,978 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 15,978 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 0.0% but 5.8% if considered together with Olympus Private Placement Fund, L.P. - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- Page 11 of 29 pages CUSIP No. 698891-10-8 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Odyssey Zeus, Inc. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization US Citizen - -------------------------------------------------------------------------------- 5. Sole Voting Power None -------------------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 3,319,261 Owned by -------------------------------------------------------------- Each 7. Sole Dispositive Power Reporting Person None With: -------------------------------------------------------------- 8. Shared Dispositive Power 3,319,261 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by each Reporting Person 3,319,261 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by amount in Row (11) 5.8% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 12 of 29 pages INTRODUCTORY NOTE: This Statement on Schedule 13G is the initial filing on Schedule 13G by the Reporting Persons (as defined below) pursuant to Rule 13d-1(c) (the "Schedule 13G"). The Schedule 13G is filed by Olympus Private Placement Fund, L.P., a Delaware limited partnership ("OPPF"), the general partner of OPPF, OGP Partners, L.P., a Delaware limited partnership ("OGP"), a non-voting general partner of OGP, Odyssey Zeus, Inc., a Delaware corporation ("Odyssey"), Olympus Executive Fund, L.P., a Delaware limited partnership ("Olympus Executive"), the general partner of Olympus Executive, OEF, L.P., a Delaware limited partnership ("OEF"), RSM Corporation, a Delaware corporation ("RSM"), Conroy Corporation, a Delaware corporation ("Conroy') and LJM Corporation, a Delaware corporation ("LJM"), and individuals, Robert S. Morris, the President of RSM and general partner of OGP ("Morris"), James A. Conroy, the President of Conroy and general partner of OGP ("JAConroy") and Louis J. Mischianti, the President of LJM (Mischianti") (collectively, the "Reporting Persons"). Item 1(a) Name of Issuer Paracelsus Healthcare Corporation Item 1(b) Address of Issuer's Principal Executive Office 515 W. Greens Road, Suite 800 , Houston, TX 77067 Item 2(a) Name of Person Filing Olympus Private Placement Fund, L.P. OGP Partners, L.P. Odyssey Zeus, Inc. Olympus Executive Fund, L.P. OEF, L.P. RSM Corporation Conroy Corporation LJM Corporation Robert S. Morris James A. Conroy Louis J. Mischianti Item 2(b) Address of Principal Business Office Address of principal business office of each Reporting Person is: c/o Olympus Partners, Metro Center, One Station Place, Stamford, Connecticut 06902 Item 2(c) Citizenship OPPF, OGP, Olympus Executive, and OEF are Delaware limited Partnerships; Odyssey, RSM, Conroy, and LJM are Delaware Page 13 of 29 pages corporations; and Morris, JAConroy, and Mischianti are citizens of the United States. Item 2(d) Title of Class of Securities Common Stock Item 2(e) CUSIP Number 698891-10-8 Item 3 If this statement is filed pursuant to Rules 13d-1(b) or 13-2(b) or (c), check whether the person filing is a: (a) [ ] Broker of Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in Section 3(a)(6) of the Act (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (d) [ ] Investment Company registered under section 8 of the Investment Company Act of 1940 (e) [ ] An Investment Adviser in accordance with 13-1(b)(1)(ii)(E) (f) [ ] An Employee Benefit Plan or Endowment Fund in accordance with 13d-1(b)(1)(ii)(F) (g) [ ] A Parent Holding Company or Control Person in accordance with 13d-1(b)(1)(ii)(G) (h) [ ] A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [ ] 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 (j) [ ] Group, in accordance with 13d-1(b)(1)(ii)(J) Item 4 Ownership As of September 2, 1999, OPPF had the beneficial ownership of 3,319,261 shares of Common Stock of the Issuer representing 5.8% of the total outstanding shares of Common Stock, and Olympus Executive had the beneficial ownership of 15,978 shares of Common Stock of the Issuer representing 0.0% of the total outstanding shares Page 14 of 29 pages of Common Stock. In aggregate, OPPF and Olympus Executive had the beneficial ownership of 3,335,239 shares of Common Stock of the Issuer representing 5.8% of the total outstanding shares of Common Stock. OGP, as the general partner of OPPF, Odyssey, as a non-voting general partner of OGP, and Morris and JAConroy, as general partners of OGP, have shared voting power and dispositive power over the shares held by OPPF and may be deemed to be the beneficial owners of these shares. OEF, as the general partner of Olympus Executive, RSM, Conroy, and LJM, as general partners of OEF, and Morris, JAConroy, and Mischianti, as Presidents of RSM, Conroy, and LJM, respectively, have shared voting and dispositive power over the shares held by Olympus Executive and may be deemed to be the beneficial owners of these shares. 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 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. Page 15 of 29 pages 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 17, 1999 OLYMPUS EXECUTIVE FUND, L.P. By: OEF, L.P., its General Partner By: RSM Corporation, its Managing General Partner By: /s/ Robert S. Morris ------------------------------- Name: Robert S. Morris Title: President Page 16 of 29 pages 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 17, 1999 OEF, L.P. By: RSM Corporation, its Managing General Partner By: /s/ Robert S. Morris ------------------------------ Name: Robert S. Morris Title: President Page 17 of 29 pages 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 17, 1999 RSM CORPORATION By: /s/ Robert S. Morris -------------------------------- Name: Robert S. Morris Title: President Page 18 of 29 pages 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 17, 1999 CONROY CORPORATION By: /s/ James A. Conroy ----------------------------- Name: James A. Conroy Title: President Page 19 of 29 pages 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 17, 1999 LJM CORPORATION By: /s/ Louis J. Mischianti -------------------------------- Name: Louis J. Mischianti Title: President Page 20 of 29 pages 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 17, 1999 OLYMPUS PRIVATE PLACEMENT FUND, L.P. By: OGP Partners, L.P., its General Partner By: /s/ Robert S. Morris -------------------------------- Name: Robert S. Morris Title: General Partner Page 21 of 29 pages 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 17, 1999 OGP PARTNERS, L.P. By: /s/ Robert S. Morris ------------------------------ Name: Robert S. Morris Title: General Partner Page 22 of 29 pages 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 17, 1999 /s/ Robert S. Morris ------------------------------ Robert S. Morris Page 23 of 29 pages 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 17, 1999 /s/ James A. Conroy ----------------------------- James A. Conroy Page 24 of 29 pages 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 17, 1999 /s/ Louis J. Mischianti ----------------------------- Louis J. Mischianti Page 25 of 29 pages 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 17, 1999 ODYSSEY ZEUS, INC. By: /s/ Robert S. Morris ------------------------------ Name: Robert S. Morris Title: President Page 26 of 29 pages JOINT FILING AGREEMENT The undersigned parties hereby agree that the Schedule 13G filed herewith relating to the Common Stock of Paracelsus Healthcare Corporation is being filed jointly with the Securities and Exchange Commission pursuant to Rule 13d-1(k) on behalf of each such person. Date: September 17, 1999 OLYMPUS EXECUTIVE FUND, L.P. By: OEF, L.P., its General Partner By: RSM Corporation, its Managing General Partner By: /s/ Robert S. Morris --------------------------------- Name: Robert S. Morris Title: President OEF, L.P. By: RSM Corporation, its Managing General Partner By: /s/ Robert S. Morris -------------------------------- Name: Robert S. Morris Title: President RSM CORPORATION By: /s/ Robert S. Morris -------------------------------- Name: Robert S. Morris Title: President Page 27 of 29 pages CONROY CORPORATION By: /s/ James A. Conroy -------------------------------- Name: James A. Conroy Title: President LJM CORPORATION By: /s/ Louis J. Mischianti -------------------------------- Name: Louis J. Mischianti Title: President OLYMPUS PRIVATE PLACEMENT FUND, L.P. By: OGP Partners, L.P., its General Partner By: /s/ Robert S. Morris -------------------------------- Name: Robert S. Morris Title: General Partner OGP PARTNERS, L.P. By: /s/ Robert S. Morris -------------------------------- Name: Robert S. Morris Title: General Partner /s/ Robert S. Morris ------------------------------- Robert S. Morris /s/ James A. Conroy ------------------------------- James A. Conroy Page 28 of 29 pages /s/ Louis J. Mischianti ------------------------------- Louis J. Mischianti ODYSSEY ZEUS, INC. By: /s/ Robert S. Morris -------------------------------- Name: Robert S. Morris Title: President Page 29 of 29 pages -----END PRIVACY-ENHANCED MESSAGE-----