-----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, FMJSjF6mHF9lm5ygYQHeCRhjpf9uX3I/TbAbECQm4sIO4jRCSNwzFkV59+zLndVR B00dmBKSIxRI92BFJlKtIg== 0000950144-02-010611.txt : 20021018 0000950144-02-010611.hdr.sgml : 20021018 20021018112434 ACCESSION NUMBER: 0000950144-02-010611 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021018 ITEM INFORMATION: Other events FILED AS OF DATE: 20021018 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVOCAT INC CENTRAL INDEX KEY: 0000919956 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SKILLED NURSING CARE FACILITIES [8051] IRS NUMBER: 621559667 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12996 FILM NUMBER: 02792250 BUSINESS ADDRESS: STREET 1: 277 MALLORY STATION RD STREET 2: STE 130 CITY: FRANKLIN STATE: TN ZIP: 37067 BUSINESS PHONE: 6157717575 MAIL ADDRESS: STREET 1: 227 MALLORY STATION ROAD STREET 2: SUITE 130 CITY: FRANKLIN STATE: TN ZIP: 37064 8-K 1 g78766e8vk.htm ADVOCAT INC. e8vk
Table of Contents

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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):
October 18, 2002

ADVOCAT INC.
(Exact name of Registrant as specified in its charter)

         
Delaware   001-12996   62-1559667

 
 
(State or other
jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer
Identification Number)

277 Mallory Station Road, Suite 130 Franklin, Tennessee 37067
(Address of principal executive offices)

(615) 771-7575
(Registrant’s telephone number, including area code)

Not applicable
(Former name or former address,
if changed since last report)

 


SIGNATURES
Exhibit Index
PRESS RELEASE


Table of Contents

Item 5. Other Events.

For the purpose of informing the market, the Registrant announces the retirement of its CEO and Chairman, Charles W. Birkett, M.D. and the resignation of its President, Charles H. Rinne. A press release dated October 18, 2002 is attached to this Report.

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 thereunto duly authorized.

         
    ADVOCAT INC.
 
         
 
    By:   /s/ William R. Council, III

William R. Council, III
Chief Financial Officer
 
         
 
Date: October 18, 2002        

2


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Exhibit Index

Exhibit No.

99.1          Press release dated October 18, 2002.

3 EX-99.1 3 g78766exv99w1.txt PRESS RELEASE EXHIBIT 99.1 ADVOCAT INC. 277 MALLORY STATION ROAD, SUITE 130 FRANKLIN, TENNESSEE 37067 (615) 771-7575 NEWS RELEASE Contact: William R. Council, III Interim CEO and Chief Financial Officer ADVOCAT ANNOUNCES RETIREMENT OF CEO AND PRESIDENT Franklin, Tenn. - (October 18, 2002) - Advocat Inc. (Nasdaq OTC:AVCA) announced today the retirement of Charles W. Birkett, M.D. from his positions as Chairman, Director and Chief Executive Officer of Advocat. The Company also announced the resignation of Charles H. Rinne as President. William R. Council, the Company's Chief Financial Officer, has been elected interim CEO and will join the Board of Directors. Director Wallace Olson will assume the role of Chairman. Commenting on his retirement, Dr. Birkett said "After 43 years in the North American health care systems, and 23 years with Advocat and its predecessors, it is time to spend all of my time with family and friends. I will miss the many close friends and colleagues I have had with the Company, and wish them the very best." Mr. Olson commented that "Advocat thanks Dr. Birkett for his many years of contributions to the Company." FORWARD-LOOKING STATEMENTS MADE IN THIS RELEASE INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES, INCLUDING BUT NOT LIMITED TO, UNCERTAINTY REGARDING THE COMPANY'S ABILITY TO RESTRUCTURE OR REFINANCE ITS DEBT, THE IMPACT OF UNDER INSURED PROFESSIONAL LIABILITY CLAIMS, FACTORS AFFECTING THE LONG-TERM CARE INDUSTRY IN GENERAL, GOVERNMENTAL REIMBURSEMENT, GOVERNMENT REGULATION, HEALTH CARE REFORMS, THE IMPACT OF FUTURE LICENSING SURVEYS, CHANGING ECONOMIC AND MARKET CONDITIONS AND OTHER RISK FACTORS DETAILED IN THE COMPANY'S SECURITIES AND EXCHANGE COMMISSION FILINGS. ADVOCAT INC. IS NOT RESPONSIBLE FOR UPDATING THE INFORMATION CONTAINED IN THIS PRESS RELEASE BEYOND THE PUBLISHED DATE, OR FOR CHANGES MADE TO THIS DOCUMENT BY WIRE SERVICES OR INTERNET SERVICES. Advocat Inc. operates 100 facilities including 37 assisted living facilities with 3,704 units and 63 skilled nursing facilities containing 7,198 licensed beds as of June 30, 2002. The Company operates facilities in 10 states, primarily in the Southeast, and four provinces in Canada. For additional information about the Company, visit Advocat's web site: http://www.irinfo.com/avc ### -----END PRIVACY-ENHANCED MESSAGE-----