8-K

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                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

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                                    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): AUGUST 10, 2000

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                            HORIZON PHARMACIES, INC.
          (Exact name of Registrant as specified in its charter)


          Delaware                     000-22403               75-2441557
     (State or other            (Commission File Number)    (I.R.S. Employer
jurisdiction of incorporation)                            Identification Number)

 531 W. MAIN STREET                                               75020
      SUITE 100                                                 (Zip code)
   DENISON, TEXAS
(Address of principal
 executive offices)

Registrant's telephone number, including area code:  (903) 465-2397

                                 NOT APPLICABLE
         (Former name or former address, if changed since last report)

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ITEM 5.  OTHER EVENTS

    On August 10, 2000, HORIZON Pharmacies, Inc. ("Horizon") announced that
it had signed an engagement letter with Southwest Securities whereby
Southwest Securities agreed to act as exclusive financial advisor to Horizon
with respect to exploring strategic alternatives involving Horizon.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

(c) EXHIBITS.

    99.1  --  August 10, 2000 Press Release



                                  SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this current report to be signed on its behalf by
the undersigned thereunto duly authorized.

                                       HORIZON PHARMACIES, INC.



                                       By: /s/  John N. Stogner
                                          --------------------------------------
                                             John N. Stogner
                                             Chief Financial Officer


Date: August 17, 2000



                                 EXHIBIT INDEX



EXHIBIT
NUMBER           EXHIBIT TITLE
- ------           -------------
              
99.1      --     August 10, 2000 Press Release

EX-99.1

                           HORIZON Pharmacies, Inc.
                       Signs Letter of Engagement with
                       Southwest Securities to Act as
                             Financial Advisor

    DENISON, TX., August 10, 2000/PRNewswire/--HORIZON Pharmacies, Inc.
announced today that it has signed an engagement letter with Southwest
Securities to act as exclusive financial advisor to HORIZON with respect to
explore strategic alternatives involving HORIZON.  Southwest Securities has
been retained to provide advisory services, including general business and
financial analysis of HORIZON.

    Rick McCord, CEO and President of the Company, stated, "Our company's
primary objective is to enhance shareholder value with strategic
alternatives.  These alternatives are consistent with the company's long term
strategic plan, such as consolidation of the retail pharmacy industry."

    Currently, HORIZON owns and operates one Internet pharmacy at
www.horizonscripts.com, two mail order pharmacies, 48 retail pharmacies in 17
states, 16 home medical equipment locations, five closed-door institutional
pharmacies, seven intravenous (IV) operations, and one home healthcare
agency.

    HORIZON acquires, consolidates and operates high volume, free-standing,
full-service retail pharmacies primarily located in communities that have
populations of fewer than 50,000 people.  HORIZON believes that its success
is primarily due to its philosophy of retaining the individual, time-proven
customer service characteristics of the stores it acquires, while enabling
such stores to offer complete and competitively priced inventories to their
small town customers through greater purchasing power, increased advertising
and management of such stores as a chain.

    This news release contains forward-looking statements concerning the
future performance of HORIZON Pharmacies, Inc., which are subject to a number
of factors over which we have no control.  Forward-looking information
includes statements concerning pharmacy sales trends, online pharmacy sales
trends, prescription margins, number of new store openings, the level of
capital expenditures and our success in addressing Year 2000 issues; as well
as those that include or are preceded by the words "expects," "estimates,"
"believes," or similar language.  For a more complete discussion of the risks
associated with an investment in HORIZON and for additional information
please refer to the reports on file with the Securities and Exchange
Commission.

    SOURCE:  HORIZON Pharmacies, Inc.
    CONTACT:  Rick McCord of HORIZON Pharmacies, Inc. at
              903-465-2397/FAX903-465-6769
    For more information, visit HORIZON'S web site at www.horizonrx.com or
www.horizonscripts.com

(HZP)