| Proposed Ticker: NHIC | 11410 Issac Newton Square | |
| Exchange: NASDAQ-National Market | Reston, Virginia 22090 | |
| Industry: Manufacturing | (703) 904-3900 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 6/20/96 | |
| U.S. Shares Filed: | 2,000,000 | Filing Range: | $10.00 - $12.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $22,000,000 | |
| Primary Shares: | 2,000,000 | Expenses: | $535,000 | |
| Secondary Shares: | 0 | Shs Out After: | 9,682,080 | |
| Manager | Tier | Phone |
| Volpe, Welty & Company | Lead Manager | (415) 956-8120 |
| Legg Mason Wood Walker, Inc. | Co-manager | (410) 539-3400 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 4/30/96 | 4/30/96 | ||||
| Revenue: | $40.73 | Assets: | $18.69 | ||
| Net Income: | $2.35 | Liabilities: | $23.17 | ||
| EPS: | $0.31 | Equity: | -$4.48 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading provider of information management products and services to the healthcare industry. The company's products and services include a broad range of surveys, compilations, analyses, manuals and reports and decision support systems that assist providers and payors in determining reimbursement for clinical services and in developing a variety of database initiatives. These products facilitate the customer's ability to evaluate resource utilization, analyze practice patterns, develop clinical pathways, measure outcomes, benchmark peer groups and negotiate managed care contracts under capitation and various risk-sharing payment agreements. the Company's customers include substantially all U.S. hospitals, as well as physician groups and health care payors, including federal and state agencies. The Company believes its St. Anthony Publishing brand name is acknowledged as a market leader in medical coding, the basis on which healthcare financial and clinical information is recorded. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used to repay revolving bank debt, to fund approximately $1.2 million of capital expenditures and to provide funds for general corporate purposes, including possible acquisitions of products and companies in healthcare information-related fields. |
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