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) November 16, 1998
                                                 -----------------


                                HEALTHSTAR CORP.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


         DELAWARE                      0-19499                   91-1934592
- ----------------------------         -----------             -------------------
(State or other jurisdiction         (Commission                (IRS Employer
     of incorporation)               File Number)            Identification No.)



              8745 West Higgins, Suite 300, Chicago, Illinois 60631
              -----------------------------------------------------
              (Address of principal executive offices) (Zip Code)



Registrant's telephone number, including area code (602) 451-8575
                                                   -----------------

               Champion Financial Corporation (a Utah Corporation)
         --------------------------------------------------------------
         (Former name or former address, if changed since last report.)

ITEM 1. CHANGES IN CONTROL OF REGISTRANT.

        N/A

ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.

        N/A

ITEM 3. BANKRUPTCY OR RECEIVERSHIP.

        N/A

ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.

        N/A

ITEM 5. OTHER EVENTS.

        In October,  1998,  Champion Financial  Corporation,  a Utah corporation
(the  "Company")  announced  that (i) the  Company's  name was being  changed to
HealthStar  Corp.,  (ii) it was  effecting a 2-for-1  reverse stock split of the
Company's  common stock (the "Reverse Stock  Split"),  and (iii) the Company was
changing  its  state of  incorporation  from  Utah to  Delaware.  These  actions
occurred  simultaneously  on November  16,  1998,  each  having been  previously
approved by the Company's Board of Directors and its shareholders.

        Pursuant  to the Reverse  Stock  Split,  on November  16, 1998 every two
shares of the Company's common stock owned by each shareholder  became one share
of the Company's common stock. No fractional shares will be issued in connection
with the Reverse Stock Split,  and holders of any  fractional  shares  resulting
from the Reverse  Stock Split will be paid cash based upon the closing  price of
the  Company's  common  stock on the Nasdaq  Stock  Market on November 20, 1998.
Effective at the opening of the Nasdaq  Stock  Market on November 16, 1998,  the
date of the Reverse Stock Split, the Company had approximately  3,385,089 shares
of its  common  stock  outstanding  as a  result  of the  Reverse  Stock  Split.
Effective  November  16,  1998,  the  Company's  common  stock symbol on the OTC
Bulletin Board is "PPOS" (the prior trading symbol was "CPFC").

        Appropriate  adjustments  to reflect the  Reverse  Stock Split have been
made to all of the Company's outstanding options and warrants, including options
granted pursuant to the terms of the Company's stock option plans.

ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS.

        N/A

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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

        (a) Financial Statements.

            N/A

        (c) Exhibits.

            N/A

ITEM 8. CHANGE IN FISCAL YEAR.

        N/A


ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.

        N/A

                                   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.


                                       HEALTHSTAR CORP.
                                       (f/k/a Champion Financial Corporation)




Date December 2, 1998                  By /s/ Stephen J. Carder
                                         ---------------------------------------
                                       Its President and Chief Executive Officer


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