SECURITIES AND EXCHANGE COMMISSION

Washington, DCD.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of ~~the~~

the Securities Exchange Act of 1934

Date of ~~report~~Report (~~Date~~date of earliest event reported): ~~July~~October 303, 2003

RMH ~~Teleservices~~TELESERVICES, ~~Inc.~~INC

(Exact ~~Name~~name of Registrant as specified in its charter)

Pennsylvania		0-21333		23-2250564
(State or other jurisdiction of incorporation)		(Commission File Number)		(~~IRS~~I.R.S. Employer Identification No.)

15 Campus Boulevard, Newtown Square, PA		19073
15 Campus Blvd., Newtown Square, PA		19073
(Address of Principal Executive Offices)		(Zip Code)
(Address of principal executive offices)		(zip code)

Registrant’s telephone number, including area code: (610) 325-3100

~~(Former~~Not ~~Name~~Applicable ~~or Former Address, if Changed Since Last Report)~~

(Former name or former address, if changed since last report)

Item 5. Other Events and Regulation FD Disclosure.

On October 3, 2003, RMH Teleservices, Inc. (the “Company”) raised net proceeds of approximately $6,550,000 in a private placement financing. The Company issued 2,205,000 shares of its common stock and warrants to purchase an additional 551,250 shares of its common stock pursuant to the private placement. See the press release attached hereto as Exhibit 99.1 regarding the private placement. The Company also issued to Craig-Hallum Capital Group LLC, the placement agent for the private placement financing, a warrant to purchase 110,250 shares of the Company’s common stock on terms and conditions substantively similar to the warrants issued by the Company on behalf of the investors in the private placement financing as set forth in Exhibit 10.3.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

~~The~~Exhibit ~~following~~10.1 ~~exhibit~~Securities isPurchase ~~filed~~Agreement ~~with~~dated ~~this~~as ~~Current~~of ~~Report~~October 3, 2003 among RMH Teleservices, Inc. and the investors listed on ~~Form~~the ~~8-K:~~signature pages thereto.

Exhibit No.		Description
99		Press release, dated July 30, 2003, captioned “RMH ANNOUNCES THIRD QUARTER RESULTS WITH 21% REVENUE INCREASE”

Exhibit 10.2

Registration Rights Agreement dated as of October 3, 2003 among RMH Teleservices, Inc., the individuals and entities listed on the signature pages thereto and Craig-Hallum Capital Group LLC.

~~Item~~Exhibit 1210.3 ~~Results~~Form of ~~Operations~~Warrant dated as of October 3, 2003 executed by RMH Teleservices, Inc. to investors pursuant to the Securities Purchase Agreement dated as of October 3, 2003 among RMH Teleservices, Inc. and ~~Financial~~the ~~Condition~~investors listed on the signature pages thereto and to Craig-Hallum Capital Group LLC.

OnExhibit ~~July 30, 2003, RMH Teleservices, Inc~~99.1 ~~(the~~Press ~~“Company”)~~Release ~~issued~~dated aOctober ~~press release announcing its financial results for the third quarter ended June 30~~7, 2003. ~~A copy of the press release is attached hereto as Exhibit 99.~~

~~The~~SIGNATURES information hereunder shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

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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.

	RMH TELESERVICES, INC.	~~RMH TELESERVICES, INC.~~
Dated: July 31, 2003		By:	JOHN R. SCHWAB
Date: October 7, 2003	By:	/s/ John R. Schwab
			John R. Schwab Chief Financial Officer
		John R. Schwab
		Chief Financial Officer

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EXHIBIT INDEX

The following exhibit is filed as part of this Current Report on Form 8-K:

Exhibit No.		Description
99*		Press release, dated July 30, 2003, captioned “RMH ANNOUNCES THIRD QUARTER RESULTS WITH 21% REVENUE INCREASE”

* Filed electronically herewith.

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