0001144204-12-002752.txt : 20120118 0001144204-12-002752.hdr.sgml : 20120118 20120118115129 ACCESSION NUMBER: 0001144204-12-002752 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120118 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120118 DATE AS OF CHANGE: 20120118 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: 001-34408 FILM NUMBER: 12531375 BUSINESS ADDRESS: STREET 1: 7250 PARKWAY DR. STREET 2: SUITE 400 CITY: HANOVER STATE: MD ZIP: 21076 BUSINESS PHONE: 5152221717 MAIL ADDRESS: STREET 1: 7250 PARKWAY DR. STREET 2: SUITE 400 CITY: HANOVER STATE: MD ZIP: 21076 FORMER COMPANY: FORMER CONFORMED NAME: PACE HEALTH MANAGEMENT SYSTEMS INC DATE OF NAME CHANGE: 19960118 8-K 1 v245668_8k.htm FORM 8-K Unassociated Document
 
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):  January 18, 2012

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
(Address of principal executive offices)
 
 
21076
(Zip Code)
 
(410) 567-5520
(Registrant’s Telephone Number, including Area Code)
 
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)).
 
 
 

 
 
Item 8.01. Other Events.

On January 18, 2012, Conmed Healthcare Management, Inc. (the “Company”) issued a press release announcing that it has entered into an amendment to its contract with Pima County, Arizona extending the contract for healthcare services at the Pima County Adult Detention Center for one year, covering the period from July 1, 2012 through June 30, 2013. A copy of the press release is attached hereto as Exhibit 99.1.

The information set forth in this Item 8.01 and the attached Exhibit 99.1 is furnished to, but shall not be deemed “filed” with, the Securities and Exchange Commission for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such a filing.

Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit No.
Description
99.1
Press Release dated January 18, 2012
 
 
 

 

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: January 18, 2012
By:
/s/ Thomas W. Fry  
    Name: Thomas W. Fry   
    Title:   Senior Vice President, Chief Financial Officer and Secretary  
       
 
 
 

 
 
EX-99.1 2 v245668_ex99-1.htm EXHIBIT 99.1 Unassociated Document

Exhibit 99.1

Conmed Healthcare Management, Inc. Renews Pima County Arizona Detention Center Contract

One-year extension valued at approximately $10.1 million, takes effect June 30, 2012
 
Hanover, Md. – January 18, 2012 (Business Wire) -- Conmed Healthcare Management, Inc. (NYSE Amex: CONM) today announced that Pima County, Arizona has agreed to extend its contract with Conmed for healthcare services at the Pima County Adult Detention Center for one year, covering the period from July 1, 2012 through June 30, 2013.  This contract is expected to generate revenues of approximately $10.1 million during the extension period.
 
The contract extension includes a full suite of medical and mental health services for Pima County detainees, including: medical, mental health and dental staffing; out-of-facility, including financial responsibility; UM/UR; management of pharmacy services; radiology; laboratory services; waste disposal; and Electronic Medical Records (EMR), implementation of which is currently underway.
 
“Securing this renewal from our long-standing client, Pima County, approximately five months before the current contract was set to retire is a testimony to Conmed’s unwavering commitment to provide the appropriate standards of care to each and every customer we serve,” said Richard Turner, Chairman and Chief Executive Officer.  “We look forward to continuing our rewarding and long-term relationship with Pima County and thank them for their ongoing commitment to us.”
 
Pima County, the second largest of the four original counties in the State of Arizona, was created in 1864 and included approximately all of southern Arizona acquired from Mexico by the Gadsden Purchase. Settlement of the region goes back to the arrival in the 1690s of the Spanish, who encountered Native Americans already living there. The county has grown rapidly and today the population is over 1 million. The county seat is Tucson, Arizona. To find more history and governmental information about Pima County, visit the website at http://www.pima.gov.
 
About Conmed
Conmed has provided correctional healthcare services since 1984, beginning in the State of Maryland, and currently serves county and municipal correctional facilities in nine states, including Arizona, Kansas, Maryland, New Jersey, Oregon, Tennessee, Texas, Virginia and Washington. For more information, visit us at www.conmedinc.com.
 
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 that are not historical facts including statements which may be identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "projects," "potentially," 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 revenue; inflation exceeding the Company’s projection of the inflation rate of cost of services; the ability to obtain bonds; decreases in occupancy levels or disturbances at detention centers; malpractice litigation; the ability to utilize third-party administrators for out-of-facility care; compliance with laws and government regulations; competition; investigation and auditing of our contracts by government agencies; termination of contracts; material adverse changes in economic and industry conditions in the healthcare market; negative publicity regarding the provision of correctional healthcare services; dependence on key personnel and the ability to hire skilled personnel; increases in healthcare costs; insurance; public company obligations; the Company’s ability to meet the NYSE Amex continued listing standards; and stock price volatility. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K, as amended, for the year ended December 31, 2010. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
 
Contact
Conmed Healthcare Management, Inc.
Thomas W. Fry, 410-567-5520
Chief Financial Officer
tfry@conmed-inc.com
 
or
 
In-Site Communications, Inc.
Lisa Wilson, 212-452-2793
lwilson@insitecony.com
 
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