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To: Jim Bishop who wrote (15896)12/6/1999 2:59:00 PM
From: SSP  Respond to of 150070
 
UHCI - Bankruptcy or Receivership

On August 13, 1999, Universal Standard Healthcare, Inc. and its
wholly owned subsidiary, Universal Standard Healthcare of Delaware, Inc.,
filed petitions for protection under Title 11, Chapter 7 of the United
States Bankruptcy Code with the United States Bankruptcy Court for the
Eastern District of Michigan, Southern Division.

On August 9, 1999, an Order of Rehabilitation and Appointment of
Rehabilitator was issued by the Circuit Court for the 30th Judicial Circuit
Court, Ingham County, Michigan appointing the Michigan Insurance Bureau as
Rehabilitator for Universal Standard Healthcare of Michigan, Inc. and TPA,
Inc., wholly owned subsidiaries of Universal Standard Healthcare, Inc.


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.

Dated: August 13, 1999

UNIVERSAL STANDARD HEALTHCARE, INC.

/S/ Alan S. Ker
------------------------------------
Alan S. Ker,
Vice President, Finance
Chief Financial Officer



To: Jim Bishop who wrote (15896)12/6/1999 3:08:00 PM
From: SSP  Respond to of 150070
 
UHCI - now asking 9 cents, gambling on a news release after today, in at 5 cents.