UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): JULY 28, 2003
PER-SE TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 000-19480 58-1651222
(State or other jurisdiction (Commission File (IRS Employer Identification
of incorporation) No.) No.)
2840 MT. WILKINSON PARKWAY, ATLANTA, GEORGIA 30339
(Address of principal executive offices) (Zip Code)
(770) 444-5300
(Registrant's telephone number, including area code)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On July 28, 2003, Per-Se Technologies, Inc. (the "Company") completed the sale
of its Patient1(R) clinical product line to Misys Hospital Systems, Inc., a
division of Misys plc (London: MSY.L). Patient1 is a facility-wide computerized
clinical patient record/ computerized physician order entry software product
line for acute care facilities. The sale was consummated in accordance with the
terms of an Asset Purchase Agreement dated as of June 18, 2003. The
consideration paid to the Company in connection with the sale was $30 million in
cash, subject to certain adjustments. The total consideration paid in the sale
was determined through arm's length negotiations between representatives of the
Company and Misys.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL FINANCIAL INFORMATION AND
EXHIBITS.
(c) Exhibits
2.1 Asset Purchase Agreement dated as of June 18, 2003, among
Misys Hospital Systems, Inc., Misys Healthcare Systems
(International) Limited, Misys plc, Per-Se Technologies, Inc.,
and PST Products, LLC, together with the First Amendment
thereto dated as of June 28, 2003.
99.1 Press Release dated July 28, 2003, announcing completion of
sale of Patient1(R) product line.
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 thereunto duly authorized.
Date: August 5, 2003
PER-SE TECHNOLOGIES, INC.
By: /s/ CHRIS E. PERKINS
---------------------------
Chris E. Perkins
Executive Vice President
and Chief Financial Officer
EXHIBIT INDEX
EXHIBIT
NO. DESCRIPTION
---- -----------
2.1 Asset Purchase Agreement dated as of June 18, 2003, among Misys Hospital Systems,
Inc., Misys Healthcare Systems (International) Limited, Misys plc, Per-Se
Technologies, Inc., and PST Products, LLC, together with the First Amendment
thereto dated as of June 28, 2003.
99.1 Press Release dated July 28, 2003, announcing completion
of sale of Patient1(R) product line.