United States ~~Securities and Exchange Commission~~

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): ~~April 30~~ November 26, 2013

Integrated Healthcare Holdings, Inc.

Integrated Healthcare Holdings, Inc.
(Exact Name of Registrant as Specified in Charter)

Nevada	0-23511	87-0573331
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

~~(Exact~~1301 ~~Name~~N. Tustin Avenue, Santa Ana, California 92705 (Address of ~~Registrant~~Principal asExecutive ~~Specified in~~Offices) ~~Charter~~(Zip Code)

Nevada	0-23511	87-0573331
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1301 North Tustin Avenue, Santa Ana, California	92705
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (714) 953-3503

(Former Name or Former Address, if Changed Since Last Report)

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:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Item~~ITEM 81.01 ~~Other~~ENTRY ~~Events~~INTO A MATERIAL DEFINITIVE AGREEMENT.

~~Integrated~~ITEM ~~Healthcare Holdings, Inc~~5.02 ~~(the~~DEPARTURE ~~“Company”)~~OF ~~previously~~DIRECTORS ~~disclosed~~OR itCERTAIN ~~was~~OFFICERS; ~~the~~ELECTION ~~subject~~OF ofDIRECTORS; aAPPOINTMENT ~~lawsuit~~OF ~~filed~~CERTAIN inOFFICERS; ~~June~~COMPENSATORY ~~2008~~ARRANGEMENTS byOF ~~Michael W.~~CERTAIN ~~Fitzgibbons, M~~OFFICERS.~~D., entitled “Michael W. Fitzgibbons, M.D. vs. Integrated Healthcare Holdings, Inc.”, Superior Court of the State of California, County of Orange (the “Court”), Case No. 30-2008-00108081.~~

AtOn ~~trial, three of~~or ~~Dr.~~about ~~Fitzgibbons’~~November ~~four~~26, ~~original causes of action—i.e.~~2013, ~~those~~Integrated ~~alleging~~Healthcare ~~malicious prosecution~~Holdings, ~~interference~~Inc. ~~with prospective~~(“IHHI”) ~~economic~~entered ~~advantage~~into ~~and defamation—were dismissed by~~ amendments (the ~~Court~~“Amendments”) ~~before the case was submitted~~ to the ~~jury.~~Amended ~~The jury~~and ~~returned~~Restated aEmployment ~~verdict~~Agreements, indated ~~Dr.~~March ~~Fitzgibbons’~~29, ~~favor on~~ 2010 (the ~~sole~~“Employment ~~remaining~~Agreements”), ~~cause~~ of ~~action~~each ~~for intentional infliction~~ of ~~emotional distress~~Kenneth K. ~~The~~Westbrook, ~~jury’s~~its ~~verdict~~President ~~awarded~~and ~~Dr.~~Chief ~~Fitzgibbons~~Executive Officer, $5Daniel J.2 ~~million~~Brothman, inits ~~consequential~~Chief ~~damages~~Operating ~~and $500~~Officer,~~000~~ inSteven ~~punitive~~Blake, ~~damages. The~~its ~~Company~~Chief ~~therefore~~Financial ~~reserved~~Officer, $5J.2 ~~million~~Scott asSchoeffel, aits General ~~contingent~~Counsel, ~~loss~~and inJerry Kanaly, its ~~financial~~Chief ~~statements~~Accounting asOfficer ofand ~~December~~Treasurer 31(each, ~~2012,~~an as“Executive”). ~~reflected~~The inAmendments ~~the~~provide ~~Company’s~~for ~~Quarterly~~the ~~Report~~following onmaterial ~~Form~~changes ~~10-Q~~to ~~for~~each ~~the~~Executive’s ~~quarter~~Employment ~~ended December 31, 2012.~~Agreement:

~~After~~· ~~the~~The ~~Court~~termination ~~entered a~~provisions ~~$5.7~~of ~~million~~each ~~judgment~~Employment ~~against~~Agreement were amended to provide that in the event the Company ~~based~~chooses onto ~~the~~terminate ~~jury’s~~an ~~verdict~~Executive without cause, init ~~March~~may ~~2013~~do ~~the~~so ~~Company~~any ~~timely~~time ~~filed~~by agiving ~~motion for~~30 ~~judgment~~days ~~notwithstanding~~prior written notice to the ~~verdict~~Executive. ~~(“JNOV”)~~The ~~and~~Employment ~~concurrent~~Agreements ~~motion~~previously ~~for~~provided athat ~~new~~such ~~trial.~~termination Onmust ~~April~~be ~~30,~~made ~~2013,~~ only during the ~~Court~~final ~~granted~~120 days of the ~~Company’s~~initial ~~JNOV~~three-year ~~motion~~employment ~~and~~period ~~provisionally~~or ~~granted~~any ~~the~~one-year ~~Company’s~~renewal ~~motion~~periods, ~~for~~and aif ~~new~~this ~~trial.~~window ~~Copies of~~was ~~the~~missed ~~Court~~then ~~orders~~employment ~~are~~would ~~filed~~renew asand ~~exhibits~~would tonot ~~this~~be ~~Form~~terminable ~~8-K~~without cause for another year.

~~Among~~· ~~other~~The ~~things~~method of calculating the length of the severance package for each Executive was modified to provide for 27 months of severance beginning with the expiration of the 30-day notice period, rather than 24 months of severance following the ~~Court~~Executive’s ~~found:~~last day worked at the expiration of the up to 120-day notice period.

· The ~~jury’s~~dispute ~~verdict~~resolution ~~was~~provisions ~~not~~of ~~supported~~each Employment Agreement were amended to provide for mandatory, binding arbitration administered by ~~substantial~~JAMS ~~evidence~~in the event of a dispute, eliminated the requirement to conduct a mediation prior to any arbitration, eliminated the requirement to demand arbitration within six months after a claim first arose, and added a requirement that claims must be brought in an individual capacity, and not as a plaintiff or class member.

· The jury’s damage award was excessive and “completely out of line with …. other cases”. According to the Court, “[t]here were no physical manifestations of injury [to Dr. Fitzgibbons]. While [Dr. Fitzgibbons] sustained embarrassment, the emotional distress was not of a substantial quality or duration. At worst, some other doctors poked fun at him.”2

~~· “[I]t is more probable than not” the jury engaged in misconduct prejudicial to the Company.~~SIGNATURE

AsPursuant ato ~~result~~the requirements of the ~~Court’s~~ ~~April~~Securities 30Exchange Act of 1934, ~~2013~~the ~~order:~~registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

1.Integrated ~~The~~Healthcare ~~jury’s~~Holdings, $5Inc.7 ~~verdict~~By: ~~for~~/s/ DrSteven R. ~~Fitzgibbons~~Blake ~~was~~Name: ~~set~~Steven ~~aside in its entirety and the Court’s $5~~R.7 ~~million~~Blake ~~judgment~~Title: ~~against~~Chief ~~the~~Financial ~~Company based on the jury’s verdict was vacated in its entirety.~~Officer

2.Date: AsDecember ~~of April 30~~3, 2013~~, a new and amended judgment in favor of the Company and against Dr. Fitzgibbons was entered by the Court.~~

3~~. The new and amended judgment specifies that Dr. Fitzgibbons shall take nothing from the Company and the Company may recover from Dr. Fitzgibbons the Company’s cost of the litigation.~~

4. If for any reason the Company’s JNOV motion is reversed on appeal, the Court provisionally granted the Company’s request for a new trial on multiple grounds.

Due to these favorable rulings, the Company reversed the $5.2 million contingent loss that was reserved on its financial statements as of December 31, 2012. The reversal will be reflected in the Company’s financial statements for the quarter ended March 31, 2013.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits.

EXHIBIT NUMBER	DESCRIPTION
99.1	Judgment Notwithstanding the Verdict, dated April 30, 2013
99.2	Order Granting Judgment Notwithstanding the Verdict, or in the alternative, New Trial, dated April 30, 2013

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.

	INTEGRATED HEALTHCARE HOLDINGS, INC.
Date: May 3, 2013	By:	/s/ Steven R. Blake
		Steven R. Blake
		Chief Financial Officer

Filing Compare · Integrated Healthcare Holdings Inc