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SECURITIES AND EXCHANGE COMMISSION ~~WASHINGTON~~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) November ~~March 25~~22, 2002

MedicaLogic/Medscape, Inc.
(Exact name of registrant as specified in charter)

Oregon
(State or other jurisdiction
of incorporation)

000-28285
(Commission file number)

93-0890696
(IRS employer identification no.)

~~20500~~20540 NW Evergreen Parkway Hillsboro, Oregon 97124 (Address of principal executive offices)

~~(503) 466-3632 Registrants~~ Registrant's telephone number, including area code (503) 531-7023

Not applicable
(Former name or former address, if changed since last report)

Item 25. ~~Acquisition~~ Other ~~or Disposition of Assets.~~ Events

On January 24, 2002, ~~Medicalogic~~MedicaLogic/Medscape, Inc. (the "Company") ~~commenced~~and ~~cases~~its five United States subsidiaries filed a voluntary petition for bankruptcy protection (collectively, the "Bankruptcy Cases") under Chapter 11 of the U.S. Bankruptcy Code (~~collectively,~~ the "~~Bankruptcy Cases~~Code") in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). The Bankruptcy Cases were assigned to the Honorable Judge Peter J. Walsh and are jointly administered and coordinated under Case Numbers 02 - 10253 (PJW) through 02 - 10258 (PJW). ~~The~~In ~~Company,~~addition ~~as debtor in possession, sought Bankruptcy Court approval~~ to: ~~(i) sell free and clear of liens pursuant to Section 363 of~~ the ~~Bankruptcy~~Company, ~~Code substantially all of its assets including those of its Digital Health Record (DHR) business; and (ii) assume and assign pursuant to Section 365 of~~ the ~~Bankruptcy~~filing ~~Code~~entities ~~contracts~~were ~~used~~MSCP ~~in its operations throughout the United States of America to GE Medical Systems Information Technologies~~Holdings, Inc. ~~("GEMS")~~, ~~pursuant~~MedicaLogic ~~to an Asset Purchase Agreement~~Enterprises, ~~dated as of January~~ 24Inc., ~~2002~~MedicaLogic Pennsylvania, ~~as amended by the~~LLC, ~~First~~MedicaLogic ~~Amendment~~of toTexas, Inc. ~~Asset~~and ~~Purchase~~MedicaLogic ~~Agreement~~Texas, ~~dated~~L.P. ~~as of March 18~~(collectively, ~~2002,~~with ~~as further amended by~~ the ~~Second Amendment to Asset Purchase Agreement~~Company, ~~dated as of March 25, 2002 (~~the "~~Purchase Agreement~~Debtors").

On ~~March~~November 1922, 2002, the ~~United~~Debtors ~~States~~filed ~~Bankruptcy~~a ~~Court,~~Joint ~~District~~Plan of ~~Delaware~~Liquidation ~~approved~~ (the ~~sale~~"Plan") ofand ~~substantially~~related ~~all~~Disclosure ofStatement in the ~~assets~~Bankruptcy ~~and~~Court pursuant to the ~~assumption~~Code. ofThe ~~certain~~Company ~~liabilities~~will file a copy of the ~~Company's~~ ~~DHR~~Plan ~~segment~~and toDisclosure ~~GEMS~~Statement ~~for~~with ~~approximately~~the ~~$35.3 million~~Securities inand ~~cash.~~Exchange ~~The~~Commission ~~transaction~~once ~~was~~it ~~structured~~has asbeen aapproved ~~sale~~ by ~~MedicaLogic/Medscape,~~the ~~Inc~~Bankruptcy Court. ofThe ~~substantially~~Plan ~~all~~and ofDisclosure ~~the~~Statement ~~assets~~are ~~and~~on ~~the~~file ~~assumption~~with the Clerk of ~~certain~~the ~~liabilities~~Bankruptcy ofCourt (the ~~Company's~~"Clerk"), ~~Digital~~and ~~Health~~may ~~Records~~be ~~(DHR)~~examined ~~segment.~~by ~~The~~interested ~~Company~~parties ~~received~~at ~~initial~~the ~~proceeds~~office of ~~approximately~~the ~~$33.3 million~~Clerk at ~~closing~~the ~~from~~Bankruptcy ~~GEMS~~Court, onlocated ~~March~~at 25824 Market Street, Fifth Floor, ~~2002~~Wilmington, Delaware 19801. ~~The~~Copies ~~remaining~~may ~~proceeds~~also ofbe ~~approximately~~obtained ~~$2.0~~upon ~~million~~written ~~will~~request beto ~~held~~the inDebtors' anattorneys, ~~escrow~~Gibson, ~~account~~Dunn & ~~for~~Crutcher upLLP, to200 ~~one~~Park ~~year~~Avenue, ~~pursuant~~New toYork, ~~the~~New ~~terms~~York of10166, anAttn: ~~Escrow~~Jennifer Seibert, ~~Agreement~~email ~~dated~~jseibert2@gibsondunn.com asor offacsimile ~~March~~(212) 25351-4035. In addition, ~~2002~~copies may be obtained by accessing the Debtors' website at www.mscpholdings.com, or at www.deb.uscourts.gov, the official website for the Bankruptcy Court.

The Bankruptcy Court will hold a hearing on December 20, 2002 at 11:00 a.m. (Eastern Standard Time) to consider the entry of an order, among other things, finding that the Disclosure Statement contains "adequate information" within the meaning of section 1125 of the Bankruptcy Code and approving the Disclosure Statement.

As described more fully in the Plan and Disclosure Statement, the Company currently has no business operations, and will not initiate or resume any business operations in the future. The Plan and Disclosure Statement contain financial and other information concerning the Company. Therefore, the Company will cease to prepare and file reports on Form 10K and Form 10Q with the Securities and Exchange Commission.

Item 7. Financial Statements and Exhibits.

~~The Company expects to file the required financial information by April 16, 2002~~None.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~registrant~~Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ~~Date: April 9, 2002~~

MEDICALOGIC/MEDSCAPE, INC. By: /s/ ADELE KITTREDGE MURRAY Adele Kittredge Murray President

Date: November 22, 2002
	MEDICALOGIC/MEDSCAPE, INC.

	By:	/s/ ADELE KITTREDGE MURRAY
		Name: Adele Kittredge Murray Title: Chief Executive Officer and President

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Item 5. Other Events

Item 7. Financial Statements and Exhibits.

SIGNATURE

Filing Compare · MEDICALOGIC/MEDSCAPE INC