-----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, I65MFPMm9KhoLQZpcb5cZ50caBmiGxQU7GLJyEAtnuOsWtmxbt6k3pa3Q7cqC5Vq eWnFMhCDWDLFAPxsvpY9hA== 0000950144-02-012619.txt : 20021211 0000950144-02-012619.hdr.sgml : 20021211 20021210174023 ACCESSION NUMBER: 0000950144-02-012619 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021210 ITEM INFORMATION: Other events FILED AS OF DATE: 20021211 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: 02854011 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 g79734e8vk.htm ADVOCAT, INC. e8vk
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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):
December 10, 2002

ADVOCAT INC.

(Exact name of Registrant as specified in its charter)
         
Delaware   001-12996   62-1559667

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

 


Item 5. Other Events.
SIGNATURES
Exhibit Index
Press Release


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Item 5. Other Events.

For the purpose of informing the market, the Registrant announces the appointment of L. Glynn Riddle as its CFO and the appointment of Richard M. Brame as a new Director. A press release dated December 10, 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 Executive Officer

Date: December 10, 2002

 


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Exhibit Index

             
Exhibit No.            

           
99.1   Press release dated December 10, 2002.

  EX-99.1 3 g79734exv99w1.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 Chief Executive Officer ADVOCAT ANNOUNCES NEW CHIEF FINANCIAL OFFICER AND NEW DIRECTOR Franklin, Tenn. - (December 9, 2002) - Advocat Inc. (Nasdaq OTC:AVCA) announced today the appointment of L. Glynn Riddle as Chief Financial Officer of Advocat. The Company also announced the appointment of Richard M. Brame as a new Director. With the appointment of Mr. Brame, Advocat's Board of Directors increases to five members. Commenting on the appointments, Chief Executive Officer William R. Council, III said, "We are extremely pleased with the addition of Glynn Riddle to our management team. Mr. Brame is also a welcome addition to our Board with his wealth of experience in the long term care industry." A Certified Public Accountant, Mr. Riddle (age 43) came to Advocat from Envoy, a division of WebMD Corporation and a leading provider of healthcare transaction processing services, where he was Vice President of Finance from February 1998 through March 2001. Prior to that, Mr. Riddle served as Senior Vice President and Controller of Comdata, a subsidiary of Ceridian Corporation, for ten years. Mr. Brame (49) is the Chief Executive Officer of Regency Health Management, LLC, a privately-held senior living management company based in Ooltewah, Tennessee. He has served in this capacity since July, 1999. Regency manages facilities in Florida, and Mr. Brame owns and manages other communities in Georgia, Tennessee, and Texas. Prior to forming Regency, Mr. Brame served as Chief Executive Officer, Chief Operating Officer and Chief Financial Officer of a number of Southeast-based senior living companies. 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 3,664 units and 63 skilled nursing facilities containing 7,198 licensed beds as of September 30, 2002. The Company operates facilities in 10 states, primarily in the Southeast, and three provinces in Canada. For additional information about the Company, visit Advocat's web site: http://www.irinfo.com/avc ### -----END PRIVACY-ENHANCED MESSAGE-----