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) AUGUST 18, 2005
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UNITED AMERICAN HEALTHCARE CORPORATION
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(Exact name of registrant as specified in its charter)
MICHIGAN 000-18839 38-2526913
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
300 RIVER PLACE, SUITE 4950, DETROIT, MICHIGAN 48207
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(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (313) 393-4571
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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:
[ ] Written communication pursuant to Rule 425 under the Securities Act.
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act.
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act.
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act.
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On August 18, 2005, our subsidiary, UAHC Health Plan of Tennessee, Inc.
("UAHC-TN"), received from the State of Tennessee TennCare Bureau a fully signed
contractual amendment extending UAHC-TN's TennCare contract through June 30,
2006. In addition to continuing the contract through our fiscal year 2006, the
amendment: implements a modified risk reimbursement arrangement retroactively
beginning July 1, 2005 for UAHC-TN, the same as for all of TennCare's contracted
managed care organizations (superseding TennCare's "administrative services
only" reimbursement system which was in effect the preceding three years);
incorporates certain terms of UAHC-TN's current administrative supervision
order; refers to a $2,300,000 escrow reserve fund which UAHC-TN has funded
pending the audit of certain medical claims; and provisionally excludes UAHC-TN
from the computerized random assignment of additional TennCare members. The
incorporated terms are particular restrictive provisions of the administrative
supervision order described in our Form 8-K report filed April 21, 2005 and
enumerated in the order, which we filed as an exhibit in our first amended Form
8-K/A on April 22, 2005. Such restrictions will apply to UAHC-TN, by the terms
of the amendment, until such time as the Commissioner of the Tennessee
Department of Commerce and Insurance determines that the grounds for
administrative supervision no longer exist and the notice of administrative
supervision is terminated or expires.
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.
Date: August 22, 2005 UNITED AMERICAN HEALTHCARE
CORPORATION
By: /s/ Stephen D. Harris
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Name: Stephen D. Harris
Title: Chief Financial Officer
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