-----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, FnKSxn0jG10vKmAsSHT2r+ofaDFhjhZY/N3uW7Bozr15/tmGyhWSVyhSt3/3E3DL Ga+1Y5qOextGjfwmQkpvlw== 0001144204-08-025866.txt : 20080502 0001144204-08-025866.hdr.sgml : 20080502 20080502171455 ACCESSION NUMBER: 0001144204-08-025866 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080428 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080502 DATE AS OF CHANGE: 20080502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Conmed Healthcare Management, Inc. CENTRAL INDEX KEY: 0000943324 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090] IRS NUMBER: 421297992 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27554 FILM NUMBER: 08800024 BUSINESS ADDRESS: STREET 1: 9375 CHESAPEAKE STREET STREET 2: SUITE 203 CITY: LA PLATA, STATE: MD ZIP: 20646 BUSINESS PHONE: 5152221717 MAIL ADDRESS: STREET 1: 9375 CHESAPEAKE STREET STREET 2: SUITE 203 CITY: LA PLATA, STATE: MD ZIP: 20646 FORMER COMPANY: FORMER CONFORMED NAME: PACE HEALTH MANAGEMENT SYSTEMS INC DATE OF NAME CHANGE: 19960118 8-K 1 v112627_8k.htm
 
 
UNITED STATES
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):  April 28, 2008
 

CONMED HEALTHCARE MANAGEMENT, INC.
(Exact name of Registrant as Specified in its Charter)
 
Delaware
(State or Other Jurisdiction of Incorporation)
 
0-27554
 
42-1297992
(Commission File Number)
 
(I.R.S. Employer Identification Number)

7250 Parkway Dr.
Suite 400
Hanover, MD 21076 
(Address of Principal Executive Offices, including Zip Code)
 
(301) 609-8460
(Registrant’s Telephone Number, including Area Code)

(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2 below):
 
o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
 
o             Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
 
o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17  CFR 240.14d-2(b)).
 
o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

1

 
Item 8.01.
Other Events.

Conmed Healthcare Management, Inc., a Delaware corporation (“Conmed” or the “Company”), announced the execution of a medical services agreement (the “Agreement”) with Douglas County, Oregon. The contract, effective May 1, 2008, includes approximately $800,000 of gross revenue in the first year and two one-year renewal periods for an approximate $2.4 million total value for the three-year contract.

Under terms of the Agreement, Conmed will provide a turn-key inmate medical services platform that includes staffing of nurses, physicians and clerical personnel, dental services, mental and behavioral health screening services, ancillary services such as laboratory and diagnostic x-ray, as well as pharmacy services. In addition, Conmed will provide offsite specialist and hospital services, subject to contractual limits and contingencies as defined by the contract, as well as support services for the juvenile detention center.

Item 9.01.
Financial Statements and Exhibits.
 
(c) Exhibits

Set forth below is a list of Exhibits included as part of this Current Report: 

99.1
Press release dated April 28, 2008
 
This Current Report on Form 8-K may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements with respect to the Company’s plans, objectives, expectations and intentions; and (ii) other statements identified by words such as “may”, “could”, “would”, “should”, “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company’s control), including, without limitation, the Company’s ability to increase prices and revenue and continue to obtain contract renewals and extensions.

2


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.
     
 
CONMED HEALTHCARE MANAGEMENT, INC.
 
 
 
 
 
 
Date: May 1, 2008
By:   /s/ Richard Turner 
 
Richard Turner, Ph.D.
  President and Chief Executive Officer 
 
 
3

 
EX-99.1 2 v112627_ex99-1.htm
 
Conmed Healthcare Management, Inc. Announces New $2.4 Million Contract with Douglas County, Oregon
 
 
Three-year, full-service contract includes juvenile detention center
 
HANOVER, Md.--(BUSINESS WIRE)—April 25, 2008--Conmed Healthcare Management, Inc. (OTCBB: CMHM), a leading full-service provider of correctional facility healthcare services, today announced it has signed a three-year, full-service agreement with Douglas County, Oregon. The contract, which will become effective May 1, 2008, includes approximately $800,000 of gross revenue in the first year and two one-year renewal periods for an approximate $2.4 million total value for the three-year contract. This new contract increases Conmed’s annual revenue run rate to approximately $36 million based on anticipated revenues from current existing contracts..

Under terms of the agreement, Conmed will provide a turn-key inmate medical services platform that includes staffing of nurses, physicians and clerical personnel, dental services, mental and behavioral health screening services, ancillary services such as laboratory and diagnostic x-ray, as well as pharmacy services. In addition, Conmed will also provide offsite specialist and hospital services, subject to contractual limits and contingencies as defined by the contract, as well as support services for the juvenile detention center.

Dr. Richard W. Turner, President and Chief Executive Officer of Conmed, commented, “This contract underscores our ability to win new business for our full suite of inmate healthcare services. In this case, we will assume the management of the healthcare services for the Douglas County correctional facilities, whereas the county had been providing each of these services on its own in the past. We believe this contract is reflective of our commitment to expansion in the Pacific Northwest increasing our presence in Oregon to contracts with ten jurisdictions and fits well with our long-term financial model, as it extends beyond staffing and provides an extensive suite of services for our clients. We are proud of our track record in providing high quality healthcare services and look forward to assuming management of medical services for the inmates at the Douglas County detention centers..”
 
Douglas County, Oregon has a current inmate population of approximately 200.
 
 
About Conmed
 
Conmed has provided correctional healthcare services since 1984, beginning in the State of Maryland, and currently services detention centers and correctional facilities in thirty-one counties in five states, including Washington, Oregon, Kansas, Virginia, and Maryland. Conmed's services have expanded to include mental health, pharmacy and out-of-facility healthcare services.
 
Forward Looking Statements
 
This press release may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements with respect to the company's plans, objectives, expectations and intentions; and (ii) other statements identified by words such as "may", "could", "would", "should", "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. These statements are based upon the current beliefs and expectations of the company's management and are subject to significant risks and uncertainties including those contained in its public filings. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the company's control including, without limitation, the Company's ability to increase revenue and to continue to obtain contract renewals and extensions.)
 
 
 

 

Contact:
Conmed Healthcare Management, Inc.
Thomas W. Fry, 410-567-5520
Chief Financial Officer
tfry@conmed-inc.com


Hayden Communications
Brett Maas, 646-536-7331
brett@haydenir.com

Or

Peter Seltzberg, 646-415-8972
peter@haydenir.com" peter@haydenir.com

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