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): July 24, 2003
Sierra Health Services, Inc.
(Exact Name of Registrant as Specified in Its Charter)
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2724 North Tenaya Way
Las Vegas, Nevada 89128
(702) 242-7000
Not Applicable
Item 9. Regulation FD Disclosure
This form 8-K is being furnished to report information pursuant to Item 12 - Disclosure of Results of Operations and Financial Condition in accordance with interim guidance provided by the Securities and Exchange Commission in Release No. 33-8216 issued March 27, 2003. See Item 12 below.
Item 12. Disclosure of Results of Operations and Financial Condition
On July 23, 2003, Sierra Health Services, Inc. issued a press release announcing operating results for the quarter ended June 30, 2003. A copy of the press release is attached as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
Item 7. Financial Statements and Exhibits
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Description |
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* Also provided in PDF format as a courtesy.
All of the information furnished in this report and the accompanying exhibit
shall not be deemed to be "filed" for purposes of Section 18 of the
Securities and Exchange Act of 1934, as amended, and shall not be incorporated
by reference in any filing under the Securities Act of 1933, as amended. Statements in the press release referred to above that are not historical
facts are forward-looking and based on management's projections, assumptions and
estimates; actual results may vary materially. Forward-looking statements are
subject to certain risks and uncertainties, which include but are not limited
to: 1) potential adverse changes in government regulations, contracts and
programs, including TRICARE, Medicare, Medicaid and legislative proposals to
eliminate or reduce ERISA pre-emption of state laws that would increase
potential managed care litigation exposure; 2) competitive forces that may
affect pricing, enrollment and benefit levels; 3) unpredictable medical costs,
malpractice litigation exposure, reinsurance costs and inflation; 4) impact of
economic conditions; 5) changes in healthcare and workers' compensation
reserves; 6) our failure to win the competitive procurement for the North Region
TRICARE Next Generation contract or obtain an extension of the Medicare Social
HMO contract; and 7) the amount of actual proceeds realized upon the final
disposition of the workers' compensation insurance operation or the inability to
dispose of such business. Further factors concerning financial risks and
results are contained in our Annual Report on Form 10-K for the year ended
December 31, 2002. Such statements are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995
and identify important risk factors that could cause our actual results to
differ materially from those expressed in any projected, estimated or
forward-looking statements relating to Sierra.
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.
SIERRA HEALTH SERVICES, INC.
/S/ PAUL H. PALMER
(Registrant)
Date: July 24, 2003
Paul H. Palmer
Senior Vice President
Chief Financial Officer and Treasurer
(Chief Accounting Officer)