IPO Company Profile
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New American Healthcare Corporation
109 Westpark Drive, Suite 440, Brentwood, TN 37027 * (615) 221-5070

The company was formed to capitalize on opportunities to be the principal provider of health care services in the non-urban communities in which it operates.

Primary Underwriting Group
ManagerTierPhone
Donaldson, Lufkin & Jenrette Securities Corp.Lead Manager (212) 371-0641
Bear, Stearns & Co. Inc.Co-manager (212) 272-4850
CS First BostonCo-manager (212) 325-2000
Suntrust Equitable SecuritiesCo-manager

Offering Information
NYSE:NAH Service: SIC 8062
Type of Shares:Common Shares Filing Date:6/26/98
U.S. Shares:5,000,000 Offer Date:8/19/98
Non-U.S. Shares:0 Filing Range:$13.00 - $15.00
Primary Shares:5,000,000 Offer Price:$13.00
Secondary Shares:0 Gross Spread:$0.91
Offering Amount: $70,000,000 Selling:$0.55
Expenses:$2,100,000 Reallowance:$0.10
Post-IPO Shares: -
Employees:1723

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Harwell Howard Hyne Gabbert & Manner
Bank's Law Firm: Alston & Bird
Registrar/Transfer Agent: First Union National Bank North Carolina
Auditor: KPMG Peat Marwick

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
3/31/98 3/31/98
Revenue:$75.65Assets:$134.19
Net Income:$0.79Curr Assets:$31.44
EPS:-$0.18Liabilities:$84.66
Prior EPS:Curr Liab:$16.14
Cash Flow/Oper:$3.75Equity:$49.53
Cash Flow/Fin:$94.19Cash:$6.12
Cash Flow/Inv:-$92.52Working Cap:$15.31

Use of Proceeds
The proceeds from the proposed offering will be used to repay certain indebtedness, to make cash payments in exchange for the Series A Preferred Stock in the Reincorporation and for general corporate purposes.

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