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<TITLE>ORTHODONTIC CENTERS OF AMERICA, INC.</TITLE>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="center"><FONT size="2">AS FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION ON FEBRUARY 3, 2004
</FONT>

<div align="right"><FONT size="2">REGISTRATION NO. 333-________
</FONT></div>


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<P align="center"><FONT size="4"><B>SECURITIES AND EXCHANGE COMMISSION</B>
</FONT>

<div align="center"><FONT size="3"><B>WASHINGTON, DC 20549</B>
</FONT>
</DIV>

<P align="center"><FONT size="2"><B>______________</B>
</FONT>

<P align="center"><FONT size="5"><B>FORM S-8</B>
</FONT>

<P align="center"><FONT size="2"><B>REGISTRATION STATEMENT UNDER THE<BR>
SECURITIES ACT OF 1933</B>
</FONT>

<P align="center"><FONT size="2"><B>______________</B></FONT>


<P align="center"><FONT size="5"><B>ORTHODONTIC CENTERS OF AMERICA, INC.</B>
</FONT>

<DIV align="center"><FONT size="2">(Exact Name of Registrant as Specified in Its Charter)</FONT>
</DIV>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2"><B>Delaware</B><BR>
(State or Other Jurisdiction of<BR>
Incorporation or Organization)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
<B>72-1278948</B><BR>
(IRS Employer Identification No.)</FONT></TD>
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</TABLE>
</DIV>

<P align="center"><FONT size="2"><B>3850 N. Causeway Boulevard, Suite&nbsp;800<BR>
Metairie, Louisiana 70002</B><BR>
(Address of Principal Executive Offices)<BR>
<BR>
<B>______________</B>
</FONT>

<P align="center"><FONT size="2"><B>Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as Amended and Restated</B><BR>
(Full Title of the Plan)
</FONT>

<P align="center"><FONT size="2"><B>______________</B>
</FONT>

<P align="center"><FONT size="2"><B>Bartholomew F. Palmisano, Sr.<BR>
Chairman of the Board, President and Chief Executive Officer<BR>
Orthodontic Centers of America, Inc.<BR>
3850 N. Causeway Boulevard, Suite&nbsp;800<BR>
Metairie, Louisiana 70002</B><BR>
(Name and Address of Agent For Service)
</FONT>

<P align="center"><FONT size="2"><B>(504)&nbsp;834-4392</B><BR>
(Telephone Number, Including Area Code, of Agent For Service)
</FONT>

<P align="center"><FONT size="2">With copies to:<BR>
<B>Donald R. Moody, Esq.<BR>
Waller Lansden Dortch &#038; Davis,<BR>
A Professional Limited Liability Company<BR>
511 Union Street, Suite&nbsp;2100<BR>
Nashville, Tennessee 37219-1760<BR>
(615)&nbsp;244-6380</B>
</FONT>

<P align="center"><FONT size="2"><B>______________</B>
</FONT>

<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B>
</FONT>

<DIV align="center">
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    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
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    <TD colspan="17" align="left"><HR size="4" noshade></TD>
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    <TD nowrap align="left"><FONT size="1"><B>&nbsp;</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount of</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><FONT size="1"><B>&nbsp;</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount To Be</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Maximum Offering Price</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Maximum Aggregate</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registration</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Title Of Each Class Of Securities To Be Registered</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registered (1)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Per Unit (2)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Offering Price (2)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Fee</B></FONT></TD>
</TR>
<TR>
    <TD colspan="17" align="left"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Common Stock of
Orthodontic Centers
of America, Inc.,
par value $.01 per
share</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">1,000,000</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">7.89</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">7,890,000</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">1,000</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR>
    <TD colspan="17" align="left"><HR size="4" noshade></TD>
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<P>
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<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
      <TD width="1%" nowrap align="right"><FONT size="2">(1)
</FONT></TD>
    <TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="97%"><FONT size="2">This registration statement relates to the registration of additional
securities under the Orthodontic Centers of America, Inc. 1994 Incentive
Stock Plan, as amended and restated (the &#147;1994 Plan&#148;). Under the original
registration statement (Registration No.&nbsp;333-2792) relating to the 1994
Plan, the registrant registered 3,400,000 shares of common stock, as
adjusted pursuant to Rule 416(a) under the Securities Act of 1933 by a
two-for-one stock split effected in the form of a 100% stock dividend as
of September&nbsp;5, 1996, for which the registration fee was previously paid
in full. Pursuant to an amendment to the 1994 Plan effective as of May
22, 2003, the Registrant is authorized to issue up to an additional
1,000,000 shares for a total of 4,400,000 shares.
</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
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      <TD width="1%" nowrap align="right"><FONT size="2">(2)
</FONT></TD>
    <TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="97%"><FONT size="2">Estimated pursuant to Rule 457(h) solely for purpose of calculating the
amount of the registration fee, based upon the average of the high and low
prices reported on January&nbsp;30, 2004, as reported on the New York Stock
Exchange.
</FONT></TD>
</TR>
</TABLE>

<P align="center"><FONT size="2">&nbsp;
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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">EXPLANATORY NOTE</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">REOFFER PROSPECTUS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">TABLE OF CONTENTS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003"> SUMMARY</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING INFORMATION</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">ORTHODONTIC CENTERS OF AMERICA</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">USE OF PROCEEDS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">SELLING STOCKHOLDERS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#008">PLAN OF DISTRIBUTION</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#009">WHERE YOU CAN FIND MORE INFORMATION</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#010">INCORPORATION OF INFORMATION WE FILE WITH THE SEC</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#011">LEGAL MATTERS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#012">EXPERTS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#013">PART I. INFORMATION REQUIRED IN THE SECTION 10 PROSPECTUS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#014">PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD colspan="9"><A HREF="#015">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#016">POWER OF ATTORNEY</A></TD></TR>
<TR><TD colspan="9"><A HREF="#017">INDEX TO EXHIBITS</A></TD></TR>
<TR><TD colspan="9"><A HREF="g86947exv5w1.txt">EX-5.1 OPINION OF WALLER LANSDEN DORTCH & DAVIS</A></TD></TR>
<TR><TD colspan="9"><A HREF="g86947exv23w1.txt">EX-23.1 CONSENT OF ERNST & YOUNG LLP</A></TD></TR>
</TABLE>
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<P align="center"><FONT size="2"><B>EXPLANATORY NOTE</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The purpose of this registration statement on Form S-8 is to register an
additional 1,000,000 shares of our common stock which may be awarded or issued
upon exercise of the underlying options awarded under the Orthodontic Centers
of America, Inc. 1994 Incentive Stock Plan, as amended and restated (the
&#147;Plan&#148;). A total of 4,400,000 shares of our common stock will be registered
under the Plan upon the effectiveness of this registration statement. The
registration statement on Form S-8 (Registration No.&nbsp;333-2792), dated March&nbsp;27,
1996, registered the initial 3,400,000 shares of our common stock issued or to
be issued under the Plan as adjusted pursuant to Rule 416(a) under the
Securities Act of 1933 to reflect a two-for-one stock split effected in the
form of a 100% stock dividend as of September&nbsp;5, 1996.
</FONT>
<P align="center"><FONT size="2">&nbsp;
</FONT>
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<DIV align="left"><A NAME="001"></A></DIV>


<P align="left"><FONT size="2">REOFFER PROSPECTUS
</FONT>

<P align="center"><FONT size="2">4,400,000 Shares
</FONT>

<P align="center"><FONT size="2"><IMG src="g86947g8694700.gif" alt="(OCA LOGO)">
</FONT>

<P align="center"><FONT size="2"><B>Common Stock<BR>
_______________________________________________</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus has been prepared for use by directors, officers,
employees, consultants and advisors of Orthodontic Centers of America, Inc. or
its subsidiaries, in connection with the resale of up to an aggregate of
4,400,000 shares of our common stock, which have been or may be issued under
the Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as amended
and restated. This plan was originally established in October&nbsp;1994, was amended
and restated in April&nbsp;2002 and further amended effective May&nbsp;22, 2003. These
shares of our common stock may be offered and sold from time to time by the
selling stockholders listed in a supplement to this prospectus, or their
transferees, pledgees, donees, assignees or successors.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus may only be used if a supplement is attached which
contains the names of the selling stockholders and the amount of shares of our
common stock to be reoffered by them.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will not receive any of the proceeds from the sale of the shares by the
selling stockholders. We will bear all expenses incurred in connection with the
registration of the shares being offered by the selling stockholders, except
that the selling stockholders shall be responsible for all underwriting
discounts and selling commissions, fees and expenses of counsel and other
advisors to the selling stockholders, transfer taxes and related charges in
connection with the offer and sale of these shares.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are the leading provider of business services to orthodontic and
pediatric dental practices. Our common stock is listed on the New York
Stock Exchange under the ticker symbol &#147;OCA.&#148;
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or passed upon the
adequacy or accuracy of this prospectus. Any representation to the contrary is
a criminal offense.</B>
</FONT>
<P align="center"><FONT size="2">The date of this prospectus is
February&nbsp;3, 2004.
</FONT>


<P align="center"><FONT size="2">&nbsp;
</FONT>
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<DIV align="left"><A NAME="002"></A></DIV>


<P align="center"><FONT size="2"><B>TABLE OF CONTENTS</B>
</FONT>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="65%">
<TR valign="bottom">
    <TD width="92%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
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<TR  valign="bottom">
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Page</B></FONT></TD>
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<TR  valign="bottom">
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom" bgcolor="#eeeeee">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Summary</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Cautionary Statement About Forward-Looking Information</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#eeeeee">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Orthodontic Centers of America</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Use of Proceeds</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">4</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#eeeeee">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Selling Stockholders</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">4</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Plan of Distribution</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">5</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#eeeeee">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Where You Can Find More Information</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">6</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Incorporation of Information We File with the SEC</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">6</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#eeeeee">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Legal Matters</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">7</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Experts</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">8</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
</DIV>

<P>
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<P>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>We have not authorized any dealer, salesperson or other person to give any
information or represent anything not contained in the prospectus. You should
not rely on any unauthorized information. This prospectus is not an offer to
sell or a solicitation of an offer to purchase any securities other than shares
of our common stock to which it relates or an offer to any person in any
jurisdiction where such offer or solicitation is not authorized or in which the
person making such offer is not qualified to do so or to any person to whom it
is unlawful to make such an offer. The information in this prospectus is
current as of the date on the cover.</B>
</FONT>
<P align="center"><FONT size="2">&nbsp;
</FONT>
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<!-- link2 " SUMMARY" -->
<DIV align="left"><A NAME="003"></A></DIV>
<P align="center"><FONT size="2"><B>SUMMARY</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This summary highlights information contained in other parts of this
prospectus. Because it is a summary, it does not contain all of the
information that you should consider before investing in our common stock. You
should carefully read the entire prospectus and the documents incorporated by reference in this prospectus
before making an investment decision. References to &#147;we,&#148; &#147;our,&#148; &#147;us&#148; or &#147;OCA&#148;
refer to Orthodontic Centers of America, Inc. and its subsidiaries.
</FONT>
<P align="left"><FONT size="2"><B>Orthodontic Centers of America, Inc.</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Founded in 1985, we are the leading provider of business services to
orthodontic and pediatric dental practices. We believe our services have
resulted in significant increases in productivity and profitability for our
affiliated practices.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At September&nbsp;30, 2003, we provided business services to 363 affiliated
practices located throughout the United States and parts of Japan, Mexico,
Spain and Puerto Rico. &#147;Affiliated practices&#148; are orthodontists or pediatric
dentists and/or their professional corporations or other entities that are
parties to service, consulting or similar long-term agreements with us or our
subsidiaries. These amounts exclude 53 affiliated orthodontists and pediatric
dentists that are engaged in litigation with OCA and which we had ceased to
record fee revenue as of September&nbsp;30, 2003.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During the nine months ended September&nbsp;30, 2003, our affiliated practices
initiated treatment of approximately 161,000 patients, representing initial new
patient contract balances of approximately $527.9&nbsp;million for the nine months
ended September&nbsp;30, 2003. At September&nbsp;30, 2003, our affiliated practitioners
were treating a total of approximately 490,000 patients.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our corporate headquarters is located at 3850 N. Causeway Boulevard, Suite
800, Metairie, Louisiana 70002, telephone number (504)&nbsp;834-4392. We were
incorporated in Delaware in 1994.
</FONT>
<P align="left"><FONT size="2"><B>Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as Amended and Restated</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The issuance of shares of our common stock upon exercise of options
granted under the Orthodontic Centers of America, Inc. 1994 Incentive Stock
Plan, as amended and restated, have been registered under the Securities Act of
1933 by registration statements on Form S-8. Holders of the shares who may be
considered our &#147;affiliates&#148; within the meaning of the Securities Act of 1933,
or their transferees, pledgees, donees, assignees or successors, may reoffer
these shares from time to time under this prospectus and any supplement to this
prospectus. These reoffers may occur in transactions on the New York Stock
Exchange, in negotiated transactions, through the writing of options on the
common stock, or a combination of such methods of sale, at fixed prices which
may be changed, at market prices prevailing at the time of sale, at prices
relating to the prevailing market prices or at negotiated prices.
</FONT>
<P align="center"><FONT size="2">&nbsp;
</FONT>
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<!-- link2 "CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING INFORMATION" -->
<DIV align="left"><A NAME="004"></A></DIV>
<P align="center"><FONT size="2"><B>CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING INFORMATION</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus contains some forward-looking statements about our
financial condition, results of operations and business. These statements
appear in several sections of this prospectus and generally include any of the
words &#147;believe,&#148; &#147;expect,&#148; &#147;anticipate,&#148; &#147;intend,&#148; &#147;estimate,&#148; &#147;would,&#148;
&#147;could,&#148; &#147;should,&#148; &#147;will,&#148; &#147;plan&#148; or similar expressions. These forward-looking
statements include, without limitation, statements regarding affiliations with
pediatric dentists, sales of our common stock and receipt of proceeds
therefrom.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward-looking statements are not guarantees of future performance. They
involve risks, uncertainties and assumptions, many of which are unpredictable
and not within our control. Our future results and stockholder values may
differ materially from those expressed in these forward-looking statements
because of a variety of risks and uncertainties, including:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">existing and future regulations affecting our business;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">general economic and business conditions;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">adverse outcomes in pending litigation;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">inability to successfully execute our growth and operating strategies; and
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">other risk factors described under
&#147;MANAGEMENT&#146;S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS&#151;Risk Factors&#148; in our
Annual Report on Form 10-K for the year ended December 31, 2002.
</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We do not intend to update these forward-looking statements after the date
of this prospectus, even if new information, future events or other
circumstances have made them incorrect or misleading as of any future date. For
all of these statements, we claim the protection of the safe harbor for
forward-looking statements provided in Section&nbsp;27A of the Securities Act of
1933 and Section&nbsp;21E of the Securities Exchange Act of 1934.
</FONT>
<P align="center"><FONT size="2">2
</FONT>
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<!-- link2 "ORTHODONTIC CENTERS OF AMERICA" -->
<DIV align="left"><A NAME="005"></A></DIV>
<P align="center"><FONT size="2"><B>ORTHODONTIC CENTERS OF AMERICA</B>
</FONT>

<P align="left"><FONT size="2"><B>OVERVIEW</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are the leading provider of business services to orthodontic and
pediatric dental practices. Since 1985, we have executed a retail-oriented
approach to developing orthodontic practices and, since 2001, pediatric dental
practices, which we believe has resulted in significant increases in
productivity and profitability for our affiliated orthodontists and pediatric
dentists.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At September&nbsp;30, 2003, we provided business services to 363 affiliated
practices located throughout the United States and parts of Japan, Mexico,
Spain and Puerto Rico. &#147;Affiliated practices&#148; are orthodontists or pediatric
dentists and/or their professional corporations or other entities that are
parties to service, consulting or similar long-term agreements with us or our
subsidiaries. These amounts exclude 53 orthodontists and pediatric dentists
that were involved in litigation with OCA and for which we had ceased to record
fee revenue as of September&nbsp;30, 2003.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During the nine months ended September&nbsp;30, 2003, our affiliated practices
initiated treatment of approximately 161,000 patients, representing initial new
patient contract balances of approximately $527.9&nbsp;million for the nine months
ended September&nbsp;30, 2003. At September&nbsp;20, 2003, our affiliated practitioners
were treating a total of approximately 490,000 patients.
</FONT>
<P align="left"><FONT size="2"><B>OUR BUSINESS</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We provide our affiliated practices with business, operational and
marketing expertise that enables them to realize significantly greater
productivity, practice revenue and patient volume, while maintaining high
quality orthodontic and pediatric dental care. Our services include:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">integrating proprietary, user-friendly management information
systems to provide timely information and to enhance operational and
accounting controls;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">implementing proprietary operating systems and innovative
office designs to increase productivity;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">developing and implementing marketing plans using television,
radio and print advertising and internal marketing programs to
increase patient volume; and
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">combining proprietary online ordering systems and purchasing
power to reduce orthodontic and pediatric dental supply costs.
</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2"><B>OUR OPERATING STRATEGY</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We believe we add value to our affiliated practices by providing superior
and innovative services that are designed to enhance productivity and increase
profitability. Key elements of our operating strategy include:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">emphasizing high quality patient care;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">stimulating demand for orthodontic services through marketing and advertising;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">increasing market penetration with competitive patient fees and convenient payment plans;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">achieving operating efficiencies through proprietary
operating systems and innovative office designs; and
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">providing superior service through information technology.
</FONT></TD>
</TR>
</TABLE>

<P align="center"><FONT size="2">3
</FONT>
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<P align="left"><FONT size="2"><B>OUR GROWTH STRATEGY</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our growth strategy focuses primarily on enabling our affiliated practices
to grow and enhance their productivity, and also on affiliating with additional
orthodontic and pediatric dental practices in the United States and abroad. Key
elements of our growth strategy include:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">enhancing the productivity and increasing the profitability
of existing practices through increased patient treatment intervals
and the use of general dentists as assistants;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">affiliating with additional orthodontic and pediatric dental practices; and
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">continuing to expand in Japan, Mexico, Spain, Puerto Rico and other international markets.
</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2"><B>OUR AFFILIATED ORTHODONTIC AND PEDIATRIC DENTAL PRACTICES</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of September&nbsp;30, 2003, we provided business services to 335 orthodontic
practices located throughout the United States and parts of Japan, Mexico,
Spain and Puerto Rico. We believe our services have resulted in significant
increases in productivity and profitability for our affiliated practices.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We develop and implement marketing and advertising plans for our
affiliated practices, using television, radio and print advertising and
internal marketing promotions. We believe that our marketing and advertising
strategy has allowed our affiliated orthodontists to generate significantly
greater patient volume than traditional orthodontists.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our operating systems and office designs, along with the efficient use of
an average of five orthodontic assistants per orthodontic center, have enabled
our affiliated orthodontists to treat more patients per day as compared to
traditional orthodontists. Our innovative office designs permit an affiliated
orthodontist to treat patients without moving from room to room. Our
proprietary patient scheduling system groups appointments by the type of
procedure and dedicates certain days exclusively to new patients.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of September&nbsp;30, 2003, we provided business services to 28 pediatric
dental practices located throughout the United States. We view pediatric
dentistry as complementary to orthodontics because pediatric dental practices
are typically a significant referral source for new orthodontic patients. In
addition, pediatric dentists can promote efficient use of facilities by
operating in orthodontic centers on days that the centers are not being used
for affiliated orthodontic practices and would otherwise be closed. We intend
to affiliate with additional pediatric dentists in the future.
</FONT>
<!-- link2 "USE OF PROCEEDS" -->
<DIV align="left"><A NAME="006"></A></DIV>
<P align="center"><FONT size="2"><B>USE OF PROCEEDS</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will not receive any proceeds from the resale by the selling
stockholders of any shares of our common stock under this prospectus.
</FONT>
<!-- link2 "SELLING STOCKHOLDERS" -->
<DIV align="left"><A NAME="007"></A></DIV>
<P align="center"><FONT size="2"><B>SELLING STOCKHOLDERS</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The issuance of shares of our common stock upon exercise of options
granted under the Orthodontic Centers of America, Inc. 1994 Incentive Stock
Plan, as amended and restated, have been registered under the Securities Act of
1933 by registration statements on Form S-8. This prospectus is to be used in
connection with any resales of our common stock acquired upon the exercise of
such options after the exercise date by persons who may be considered our
&#147;affiliates&#148; within the meaning of the Securities Act of 1933.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At the date of this prospectus, we do not know the names of persons who
intend to resell shares of our common stock under this plan. The selling
stockholders will be either our directors, officers, employees, consultants
and/or advisors, who may be considered our &#147;affiliates&#148; within the meaning of
the Securities Act of 1933 who have been, or may be, granted shares of common
stock under this plan during the period in which they serve, or their
transferees, pledgees, donees, assignees or successors. We will supplement the
prospectus with the names of the
</FONT>

<P align="center"><FONT size="2">4
</FONT>
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<P align="left"><FONT size="2"> selling stockholders and the number of shares of our common stock to be
reoffered by them as that information becomes known.
</FONT>
<!-- link2 "PLAN OF DISTRIBUTION" -->
<DIV align="left"><A NAME="008"></A></DIV>
<P align="center"><FONT size="2"><B>PLAN OF DISTRIBUTION</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The shares may be offered by the selling stockholders from time to time in
transactions through the New York Stock Exchange, in negotiated transactions,
through the writing of options on the shares or a combination of these methods
of sale, at prices related to prevailing market prices or at negotiated prices.
The selling stockholders may sell some or all of their shares of common stock
from time to time to purchasers directly or through underwriters,
broker-dealers or agents. If the selling stockholders sell shares through
underwriters, broker-dealers or agents, the selling stockholders will be
responsible for the underwriters&#146;, broker-dealers&#146; or agents&#146; commissions,
discounts or concessions. These discounts, concessions or commissions as to any
particular underwriter, broker-dealer or agent may be in excess of those
customary in the types of transactions involved.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have agreed to pay all expenses incurred in connection with the
registration of the shares of our common stock offered under this prospectus,
except that the selling stockholders shall be responsible for all underwriting
discounts and selling commissions, fees and expenses of counsel and other
advisors to the selling stockholders, transfer taxes and related charges in
connection with the offer and sale of these shares.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The selling stockholders and any broker-dealers or agents that participate
in the distribution of the shares of common stock covered by this prospectus
may be deemed to be &#147;underwriters&#148; within the meaning of Section&nbsp;2(11) of the
Securities Act of 1933. As a result, any profit on the selling stockholders&#146;
sale of shares and any commissions, discounts or concessions received by any
such broker-dealers or agents might be deemed to be underwriting discounts and
commissions under the Securities Act. The shares of common stock may be sold in
one or more transactions at:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">fixed prices;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">prevailing market prices at the time of sale;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">varying prices determined at the time of sale; or
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">negotiated prices.
</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2">These sales may be effected in transactions:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">on any national securities exchange or quotation service on
which the common stock may be listed or quoted at the time of the
sale;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">in the over-the-counter market;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">in transactions other than on such exchanges or services or in the over-the-counter market; or
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">through the writing of options or other derivative contracts,
whether such options are listed on an options exchange or otherwise.
</FONT></TD>
</TR>
</TABLE>
<P align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%"><FONT size="2">These transactions may include block transactions or crosses. Crosses are
transactions in which the same broker acts as an agent on both sides of the
trade.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with sales of the shares, the selling stockholders may enter
into transactions with broker-dealers. After the date of effectiveness of this
registration statement, these broker-dealers may in turn engage in short sales
of the common stock in the course of those transactions. After the date of
effectiveness of this registration statement, the selling stockholders may also
sell the common stock short and deliver shares of common stock to close out
short positions, or loan or pledge the common stock to broker-dealers that in
turn may sell the common stock. In order to comply with the securities laws of
some states, if applicable, the shares of common stock may be sold in these
jurisdictions only through registered or licensed brokers or dealers.
</FONT>

<P align="center"><FONT size="2">5
</FONT>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The aggregate proceeds to the selling stockholders from the sale of the
shares of common stock offered by them hereby will be the purchase price of the
shares less commissions, discounts or concessions, if any. The selling
stockholders reserve the right to accept and, together with their agents from
time to time, to reject, in whole or in part, any proposed purchase of shares
to be made directly or through agents.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The selling stockholders and any other person participating in the
distribution of the shares will be subject to the Securities Exchange Act of
1934 and the rules and regulations thereunder. These rules and regulations may
limit the timing of purchases and sales of any of the shares by the selling
stockholders and any such other person. In particular, Regulation&nbsp;M may
restrict the ability of the selling stockholders and any other person
participating in the distribution of the shares to engage in market-making
activities with respect to the shares of common stock. This may affect the
marketability of the shares and the ability of any person or entity to engage
in market-making activities with respect to the common stock.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We cannot assure you that the selling stockholders will sell any or all of
their shares of common stock through this prospectus. Any securities covered by
this prospectus that qualify for sale pursuant to Rule&nbsp;144 or Rule&nbsp;144A under
the Securities Act of 1933 may be sold under Rule&nbsp;144 or Rule&nbsp;144A rather than
through this prospectus.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To the extent required, the common stock to be sold, the respective
purchase prices and public offering prices, the names of any underwriter,
dealer or agent and any applicable commissions, discounts or concessions with
respect to a particular offer will be set forth in an accompanying prospectus
supplement or, if appropriate, a post-effective amendment to the registration
statement of which this prospectus is a part.
</FONT>
<!-- link2 "WHERE YOU CAN FIND MORE INFORMATION" -->
<DIV align="left"><A NAME="009"></A></DIV>
<P align="center"><FONT size="2"><B>WHERE YOU CAN FIND MORE INFORMATION</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We file annual, quarterly and special reports, proxy statements and other
information with the Securities and Exchange Commission. Our SEC filings are
available to the public over the Internet at the SEC&#146;s web site at
http://www.sec.gov. You may also read and copy any document we file with the
SEC at the SEC&#146;s following public reference facilities:
</FONT>
<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="80%">
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="26%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="34%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">Public Reference Room</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
New York Regional Office
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Chicago Regional Office</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">Room&nbsp;1024</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Woolworth Center
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Citicorp Center</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">450 Fifth Street, N.W</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
233 Broadway
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Suite&nbsp;1400</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">Washington, D.C. 20549</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
New York, New York 10279
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">500 West Madison Street</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Chicago, Illinois 60661-2511</FONT></TD>
</TR>
</TABLE>
</DIV>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You may also obtain copies of the documents at prescribed rates by writing
to the Public Reference Section of the SEC at 450 Fifth Street, N.W., Room
1024, Washington, D.C. 20549. Please call 1-800-SEC-0330 for further
information on the operations of the public reference facilities. Our SEC
filings are also available at the offices of the New York Stock Exchange, 20
Broad Street, New York, New York 10005.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus is part of a registration statement on Form S-8 that we
filed under the Securities Act of 1933. As allowed by SEC rules, this
prospectus does not contain all the information you can find in the
registration statement or the exhibits to the registration statement.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional information may be found on our Internet website, which is
www.4braces.com. Our Internet website and the information contained in or
connected to that website are not intended to be incorporated into this
prospectus.
</FONT>
<!-- link2 "INCORPORATION OF INFORMATION WE FILE WITH THE SEC" -->
<DIV align="left"><A NAME="010"></A></DIV>
<P align="center"><FONT size="2"><B>INCORPORATION OF INFORMATION WE FILE WITH THE SEC</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The SEC allows us to &#147;incorporate by reference&#148; in this prospectus the
information we file with the SEC, which means:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Incorporated documents are considered part
of this prospectus;</font></td>
</tr>
</table>

<P align="center"><FONT size="2">6
</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">We can disclose important information to you by referring you to those documents; and
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Information that we file with the SEC will automatically
update and supersede the information in this prospectus and any
information that was previously incorporated, and any statement that
is so updated or superseded will not be deemed a part of this
prospectus.
</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We incorporate by reference the documents listed below which we filed with
the SEC under the Securities Exchange Act of 1934:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Annual Report on Form 10-K for the year ended December&nbsp;31, 2002;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Quarterly Report on Form 10-Q for the three months ended March&nbsp;31, 2003;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Quarterly Report on Form 10-Q for the three months ended June&nbsp;30, 2003;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Quarterly Report on Form 10-Q for the three months ended September&nbsp;30, 2003;
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Annual Report on Form 11-K for the year ended December&nbsp;31, 2002; and
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">The section entitled &#147;Description of Common Stock&#148; in our
registration statement on Form 8-A filed on October&nbsp;7, 1997.
</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We also incorporate by reference each of the following documents that we
will file with the SEC after the date of the initial filing of the registration
statement and prior to the time we sell all of the shares of our common stock
offered by this prospectus:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Reports filed under Section&nbsp;13(a), 13(c) or 15(d) of the
Exchange Act; provided that this prospectus will not incorporate any
information we may furnish to the SEC under Item&nbsp;9 or Item&nbsp;12 of
Form 8-K; and
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="4%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="1%" nowrap align="right"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Definitive proxy or information statements filed under
Section&nbsp;14 of the Exchange Act in connection with any subsequent
stockholders&#146; meeting.
</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You can obtain any of the filings incorporated by reference in this
document through us, or from the SEC through the SEC&#146;s web site or at the
addresses listed above. Documents incorporated by reference are available from
us without charge, excluding any exhibits to those documents unless the exhibit
is specifically incorporated by reference as an exhibit in this prospectus. You
can obtain documents incorporated by reference in this prospectus by requesting
them in writing or by telephone from us at the following address:
</FONT>
<P align="center"><FONT size="2">Orthodontic Centers of America, Inc.<BR>
3850 N. Causeway Boulevard, Suite&nbsp;800<BR>
Metairie, Louisiana 70002<BR>
Attention: Investor Relations<BR>
Telephone: (504)&nbsp;834-4392
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You should rely only on the information contained in or incorporated by
reference in this prospectus in considering whether or not to purchase shares
of our common stock in this offering. We have not authorized anyone to provide
you with information that is different from the information in this prospectus.
You should not assume that the information contained in this document is
accurate as of any date other than the date of this prospectus.
</FONT>
<!-- link2 "LEGAL MATTERS" -->
<DIV align="left"><A NAME="011"></A></DIV>
<P align="center"><FONT size="2"><B>LEGAL MATTERS</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Waller Lansden Dortch &#038; Davis, A Professional Limited Liability Company,
Nashville, Tennessee, special counsel to us, has passed on certain legal
matters with respect to the validity of the shares of our common stock offered
under this prospectus.
</FONT>
<P align="center"><FONT size="2">7
</FONT>
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link2 "EXPERTS" -->
<DIV align="left"><A NAME="012"></A></DIV>
<P align="center"><FONT size="2"><B>EXPERTS</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ernst &#038; Young LLP, independent auditors, have audited our consolidated
financial statements and schedule appearing in Orthodontic Centers of America,
Inc.&#146;s Annual Report (Form 10-K) for the year ended December&nbsp;31, 2002, as set
forth in their report, which is incorporated by reference in this prospectus
and elsewhere in the registration statement. Our financial statements and
schedule are incorporated by reference in reliance on Ernst &#038; Young LLP&#146;s
report, given on their authority as experts in accounting and auditing.
</FONT>
<P align="center"><FONT size="2">8
</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "PART I. INFORMATION REQUIRED IN THE SECTION 10 PROSPECTUS" -->
<DIV align="left"><A NAME="013"></A></DIV>


<P align="center"><FONT size="2"><B>PART I</B>
</FONT>

<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN THE SECTION 10 PROSPECTUS</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information specified in Part&nbsp;I of Form S-8
(plan information and registrant information) will be sent or given to
participants of the Orthodontic Centers of America, Inc. 1994 Incentive Stock
Plan, as amended and restated, as specified by Rule&nbsp;428(b)(1) under the
Securities Act of 1933. Such documents need not be filed with the Securities
and Exchange Commission either as part of this registration statement or as
prospectuses or prospectus supplements pursuant to Rule&nbsp;424 under the
Securities Act of 1933. These documents and the documents incorporated by
reference in this registration statement pursuant to Item&nbsp;3 of Part&nbsp;II of this
registration statement, taken together, constitute a prospectus that meets the
requirements of Section 10(a) of the Securities Act of 1933.
</FONT>
<P align="center"><FONT size="2">I-1
</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
<DIV align="left"><A NAME="014"></A></DIV>


<P align="center"><FONT size="2"><B>PART II</B>
</FONT>

<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to General Instruction E to Form S-8, the Registrant hereby
incorporates by reference in this registration statement, except as noted, the
contents of the Registrant&#146;s earlier registration statement on Form S-8
(Registration No.&nbsp;333-2792) filed on March&nbsp;27, 1996.
</FONT>
<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><FONT size="2"><B>Item 8.<br></B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left"><FONT size="2"><B>Exhibits.<br></B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><FONT size="2"><B>Exhibit</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="2"><B>&nbsp;</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><FONT size="2"><B>Number</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="2"><B>Description of Exhibits</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><HR size="1" noshade></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Specimen Stock Certificate (1)</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">5.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Opinion of Waller Lansden Dortch &#038; Davis, PLLC</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Ernst &#038; Young LLP</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Waller Lansden Dortch &#038; Davis, PLLC (included in opinion filed as Exhibit&nbsp;5.1)</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">24.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Power of Attorney (included on page II-2)</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">99.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as
Amended and Restated (2)</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">99.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Amendment No.&nbsp;1 to the Orthodontic Centers of America, Inc. 1994
Incentive Stock Plan, as Amended and Restated (3)</FONT></TD>
</TR>
</TABLE>
</DIV>

<P>
<HR size="1" width="18%" align="left" noshade>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">


<TR valign="top">
      <TD width="1%" nowrap align="right"><FONT size="2">(1)
</FONT></TD>
    <TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="97%"><FONT size="2">Filed as an exhibit to the
Registrant&#146;s registration statement on Form S-1 (Registration
Statement No. 33-85326), and incorporated by reference in this registration statement.
</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>

<TR valign="top">
      <TD width="1%" nowrap align="right"><FONT size="2">(2)
</FONT></TD>
    <TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="97%"><FONT size="2">Filed as an exhibit to the Registrant&#146;s annual report on Form 10-K for
the year ended December&nbsp;31, 2002 (file number 001-13457), and incorporated
by reference in this registration statement.
</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="top">
      <TD width="1%" nowrap align="right"><FONT size="2">(3)
</FONT></TD>
    <TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="97%"><FONT size="2">Filed as an exhibit to the Registrant&#146;s quarterly report on Form 10-Q for
the quarter ended June&nbsp;30, 2003 (file number 001-13457), and incorporated
by reference in this registration statement.
</FONT></TD>
</TR>
</TABLE>

<P align="center"><FONT size="2">II-1
</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>



<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="015"></A></DIV>

<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Metairie, State of Louisiana, on January&nbsp;30, 2004.
</FONT>
<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="45%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" valign="top" align="left"><FONT size="2">ORTHODONTIC CENTERS OF AMERICA, INC</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Bartholomew F. Palmisano, Sr.<BR>
</FONT><HR size="1" noshade><FONT size="2">
Bartholomew F. Palmisano, Sr.<BR>
Chairman of the Board, President and<BR>
Chief Executive Officer</FONT></TD>
</TR>
</TABLE>
</DIV>

<!-- link1 "POWER OF ATTORNEY" -->
<DIV align="left"><A NAME="016"></A></DIV>

<P align="center"><FONT size="2"><B>POWER OF ATTORNEY</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Bartholomew F. Palmisano, Sr. and David E.
Verret, and each of them, his true and lawful attorney-in-fact, as agent and
with full power of substitution and resubstitution for him and in his name,
place and stead, in any and all capacity, to sign any or all amendments to this
Registration Statement and any registration statement related to the same
offering as this Registration Statement that is to be effective upon filing
pursuant to Rule 462(b) under the Securities Act of 1933, and to file the same,
with all exhibits thereto, and other documents in connection therewith, with
the Securities and Exchange Commission, granting unto said attorney-in-fact and
agents in full power and authority to do and perform each and every act and
thing requisite and necessary to be done in and about the premises, as fully
and to all intents and purposes as they might or be in person, hereby ratifying
and confirming all that said attorneys-in-fact and agents, and their substitute
or substitutes, may lawfully do or cause to be done by virtue hereof.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this
registration statement on Form S-8 has been signed by the following persons on
behalf of the Registrant and in the capacities and on the dates indicated.
</FONT>
<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="39%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>SIGNATURE</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>TITLE</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>DATE</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>

<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Bartholomew F. Palmisano, Sr.<BR>
</FONT><HR size="1" noshade><FONT size="2">
Bartholomew F. Palmisano, Sr.</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Chairman of the Board, President and<BR>
Chief Executive Officer (principal<BR>
executive officer)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 30, 2004</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ David E. Verret<BR>
</FONT><HR size="1" noshade><FONT size="2">
David E. Verret</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Senior Vice President of Finance<BR>
(principal financial and accounting<BR>
officer)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 30, 2004</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Dr. Dennis J.L. Buchman<BR>
</FONT><HR size="1" noshade><FONT size="2">
Dr. Dennis J.L. Buchman</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Executive Vice President, Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 30, 2004</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Dr. Hector M. Bush<BR>
</FONT><HR size="1" noshade><FONT size="2">
Dr. Hector M. Bush</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 30, 2004</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Dr. Jack P. Devereux, Jr.<BR>
</FONT><HR size="1" noshade><FONT size="2">
Dr. Jack P. Devereux, Jr.</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 30, 2004</FONT></TD>
</TR>
</TABLE>
</DIV>


<P align="center"><FONT size="2">II-2
</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="39%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>SIGNATURE</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>TITLE</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>DATE</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Ashton J. Ryan, Jr.<BR>
</FONT><HR size="1" noshade><FONT size="2">
Ashton J. Ryan, Jr.</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 26, 2004</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Dr. John J. Sheridan<BR>
</FONT><HR size="1" noshade><FONT size="2">
Dr. John J. Sheridan</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 27, 2004</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ W. Dennis Summers<BR>
</FONT><HR size="1" noshade><FONT size="2">
W. Dennis Summers</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 30, 2004</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ David W. Vignes<BR>
</FONT><HR size="1" noshade><FONT size="2">
David W. Vignes</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 27, 2004</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Edward J. Walters, Jr.<BR>
</FONT><HR size="1" noshade><FONT size="2">
Edward J. Walters, Jr.</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">January 26, 2004</FONT></TD>
</TR>
</TABLE>
</DIV>


<P align="center"><FONT size="2">II-3
</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<!-- link1 "INDEX TO EXHIBITS" -->
<DIV align="left"><A NAME="017"></A></DIV>

<P align="center"><FONT size="2"><B>INDEX TO EXHIBITS</B>
</FONT>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><FONT size="2"><B>Exhibit</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="2"><B>&nbsp;</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><FONT size="2"><B>Number</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="2"><B>Description of Exhibits</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><HR size="1" noshade></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Specimen Stock Certificate (1)</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">5.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Opinion of Waller Lansden Dortch &#038; Davis, PLLC</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Ernst &#038; Young LLP</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Waller Lansden Dortch &#038; Davis, PLLC (included in opinion filed as Exhibit&nbsp;5.1)</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">24.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Power of Attorney (included on page II-2)</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">99.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as
Amended and Restated (2)</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">99.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Amendment No.&nbsp;1 to the Orthodontic Centers of America, Inc. 1994
Incentive Stock Plan, as Amended and Restated (3)</FONT></TD>
</TR>
</TABLE>
</DIV>

<P>
<HR size="1" width="18%" align="left" noshade>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR valign="top">
      <TD width="1%" nowrap align="right"><FONT size="2">(1)
</FONT></TD>
    <TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="97%"><FONT size="2">Filed as an exhibit to the
Registrant&#146;s registration statement on Form S-1 (Registration
Statement No. 33-85326), and incorporated by reference in this registration statement.
</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>


<TR valign="top">
      <TD width="1%" nowrap align="right"><FONT size="2">(2)
</FONT></TD>
    <TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="97%"><FONT size="2">Filed as an exhibit to the Registrant&#146;s annual report on Form 10-K for
the year ended December&nbsp;31, 2002 (file number 001-13457), and incorporated
by reference in this registration statement.
</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="top">
      <TD width="1%" nowrap align="right"><FONT size="2">(3)
</FONT></TD>
    <TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="97%"><FONT size="2">Filed as an exhibit to the Registrant&#146;s quarterly report on Form 10-Q for
the quarter ended June&nbsp;30, 2003 (file number 001-13457), and incorporated
by reference in this registration statement.
</FONT></TD>
</TR>
</TABLE>

<P align="center"><FONT size="2">&nbsp;
</FONT>
</BODY>
</HTML>
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ORTHODONTIC CENTERS OF AMERICA, INC.
Table of Contents
AS FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION ON FEBRUARY 3, 2004
REGISTRATION NO. 333-________
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________
FORM S-8
REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933
______________
ORTHODONTIC CENTERS OF AMERICA, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of
Incorporation or Organization)
72-1278948
(IRS Employer Identification No.)
3850 N. Causeway Boulevard, Suite 800
Metairie, Louisiana 70002
(Address of Principal Executive Offices)
______________
Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as Amended and Restated
(Full Title of the Plan)
______________
Bartholomew F. Palmisano, Sr.
Chairman of the Board, President and Chief Executive Officer
Orthodontic Centers of America, Inc.
3850 N. Causeway Boulevard, Suite 800
Metairie, Louisiana 70002
(Name and Address of Agent For Service)
(504) 834-4392
(Telephone Number, Including Area Code, of Agent For Service)
With copies to:
Donald R. Moody, Esq.
Waller Lansden Dortch & Davis,
A Professional Limited Liability Company
511 Union Street, Suite 2100
Nashville, Tennessee 37219-1760
(615) 244-6380
______________
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
Amount of
Amount To Be
Maximum Offering Price
Maximum Aggregate
Registration
Title Of Each Class Of Securities To Be Registered
Registered (1)
Per Unit (2)
Offering Price (2)
Fee
Common Stock of
Orthodontic Centers
of America, Inc.,
par value $.01 per
share
1,000,000
$
7.89
$
7,890,000
$
1,000
(1)
This registration statement relates to the registration of additional
securities under the Orthodontic Centers of America, Inc. 1994 Incentive
Stock Plan, as amended and restated (the "1994 Plan"). Under the original
registration statement (Registration No. 333-2792) relating to the 1994
Plan, the registrant registered 3,400,000 shares of common stock, as
adjusted pursuant to Rule 416(a) under the Securities Act of 1933 by a
two-for-one stock split effected in the form of a 100% stock dividend as
of September 5, 1996, for which the registration fee was previously paid
in full. Pursuant to an amendment to the 1994 Plan effective as of May
22, 2003, the Registrant is authorized to issue up to an additional
1,000,000 shares for a total of 4,400,000 shares.
(2)
Estimated pursuant to Rule 457(h) solely for purpose of calculating the
amount of the registration fee, based upon the average of the high and low
prices reported on January 30, 2004, as reported on the New York Stock
Exchange.
TABLE OF CONTENTS
EXPLANATORY NOTE
REOFFER PROSPECTUS
TABLE OF CONTENTS
SUMMARY
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING INFORMATION
ORTHODONTIC CENTERS OF AMERICA
USE OF PROCEEDS
SELLING STOCKHOLDERS
PLAN OF DISTRIBUTION
WHERE YOU CAN FIND MORE INFORMATION
INCORPORATION OF INFORMATION WE FILE WITH THE SEC
LEGAL MATTERS
EXPERTS
PART I. INFORMATION REQUIRED IN THE SECTION 10 PROSPECTUS
PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
SIGNATURES
POWER OF ATTORNEY
INDEX TO EXHIBITS
EX-5.1 OPINION OF WALLER LANSDEN DORTCH & DAVIS
EX-23.1 CONSENT OF ERNST & YOUNG LLP
Table of Contents
EXPLANATORY NOTE
The purpose of this registration statement on Form S-8 is to register an
additional 1,000,000 shares of our common stock which may be awarded or issued
upon exercise of the underlying options awarded under the Orthodontic Centers
of America, Inc. 1994 Incentive Stock Plan, as amended and restated (the
"Plan"). A total of 4,400,000 shares of our common stock will be registered
under the Plan upon the effectiveness of this registration statement. The
registration statement on Form S-8 (Registration No. 333-2792), dated March 27,
1996, registered the initial 3,400,000 shares of our common stock issued or to
be issued under the Plan as adjusted pursuant to Rule 416(a) under the
Securities Act of 1933 to reflect a two-for-one stock split effected in the
form of a 100% stock dividend as of September 5, 1996.
Table of Contents
REOFFER PROSPECTUS
4,400,000 Shares
Common Stock
_______________________________________________
This prospectus has been prepared for use by directors, officers,
employees, consultants and advisors of Orthodontic Centers of America, Inc. or
its subsidiaries, in connection with the resale of up to an aggregate of
4,400,000 shares of our common stock, which have been or may be issued under
the Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as amended
and restated. This plan was originally established in October 1994, was amended
and restated in April 2002 and further amended effective May 22, 2003. These
shares of our common stock may be offered and sold from time to time by the
selling stockholders listed in a supplement to this prospectus, or their
transferees, pledgees, donees, assignees or successors.
This prospectus may only be used if a supplement is attached which
contains the names of the selling stockholders and the amount of shares of our
common stock to be reoffered by them.
We will not receive any of the proceeds from the sale of the shares by the
selling stockholders. We will bear all expenses incurred in connection with the
registration of the shares being offered by the selling stockholders, except
that the selling stockholders shall be responsible for all underwriting
discounts and selling commissions, fees and expenses of counsel and other
advisors to the selling stockholders, transfer taxes and related charges in
connection with the offer and sale of these shares.
We are the leading provider of business services to orthodontic and
pediatric dental practices. Our common stock is listed on the New York
Stock Exchange under the ticker symbol "OCA."
Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or passed upon the
adequacy or accuracy of this prospectus. Any representation to the contrary is
a criminal offense.
The date of this prospectus is
February 3, 2004.
Table of Contents
TABLE OF CONTENTS
Page
Summary
1
Cautionary Statement About Forward-Looking Information
2
Orthodontic Centers of America
3
Use of Proceeds
4
Selling Stockholders
4
Plan of Distribution
5
Where You Can Find More Information
6
Incorporation of Information We File with the SEC
6
Legal Matters
7
Experts
8
We have not authorized any dealer, salesperson or other person to give any
information or represent anything not contained in the prospectus. You should
not rely on any unauthorized information. This prospectus is not an offer to
sell or a solicitation of an offer to purchase any securities other than shares
of our common stock to which it relates or an offer to any person in any
jurisdiction where such offer or solicitation is not authorized or in which the
person making such offer is not qualified to do so or to any person to whom it
is unlawful to make such an offer. The information in this prospectus is
current as of the date on the cover.
Table of Contents
SUMMARY
This summary highlights information contained in other parts of this
prospectus. Because it is a summary, it does not contain all of the
information that you should consider before investing in our common stock. You
should carefully read the entire prospectus and the documents incorporated by reference in this prospectus
before making an investment decision. References to "we," "our," "us" or "OCA"
refer to Orthodontic Centers of America, Inc. and its subsidiaries.
Orthodontic Centers of America, Inc.
Founded in 1985, we are the leading provider of business services to
orthodontic and pediatric dental practices. We believe our services have
resulted in significant increases in productivity and profitability for our
affiliated practices.
At September 30, 2003, we provided business services to 363 affiliated
practices located throughout the United States and parts of Japan, Mexico,
Spain and Puerto Rico. "Affiliated practices" are orthodontists or pediatric
dentists and/or their professional corporations or other entities that are
parties to service, consulting or similar long-term agreements with us or our
subsidiaries. These amounts exclude 53 affiliated orthodontists and pediatric
dentists that are engaged in litigation with OCA and which we had ceased to
record fee revenue as of September 30, 2003.
During the nine months ended September 30, 2003, our affiliated practices
initiated treatment of approximately 161,000 patients, representing initial new
patient contract balances of approximately $527.9 million for the nine months
ended September 30, 2003. At September 30, 2003, our affiliated practitioners
were treating a total of approximately 490,000 patients.
Our corporate headquarters is located at 3850 N. Causeway Boulevard, Suite
800, Metairie, Louisiana 70002, telephone number (504) 834-4392. We were
incorporated in Delaware in 1994.
Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as Amended and Restated
The issuance of shares of our common stock upon exercise of options
granted under the Orthodontic Centers of America, Inc. 1994 Incentive Stock
Plan, as amended and restated, have been registered under the Securities Act of
1933 by registration statements on Form S-8. Holders of the shares who may be
considered our "affiliates" within the meaning of the Securities Act of 1933,
or their transferees, pledgees, donees, assignees or successors, may reoffer
these shares from time to time under this prospectus and any supplement to this
prospectus. These reoffers may occur in transactions on the New York Stock
Exchange, in negotiated transactions, through the writing of options on the
common stock, or a combination of such methods of sale, at fixed prices which
may be changed, at market prices prevailing at the time of sale, at prices
relating to the prevailing market prices or at negotiated prices.
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CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING INFORMATION
This prospectus contains some forward-looking statements about our
financial condition, results of operations and business. These statements
appear in several sections of this prospectus and generally include any of the
words "believe," "expect," "anticipate," "intend," "estimate," "would,"
"could," "should," "will," "plan" or similar expressions. These forward-looking
statements include, without limitation, statements regarding affiliations with
pediatric dentists, sales of our common stock and receipt of proceeds
therefrom.
Forward-looking statements are not guarantees of future performance. They
involve risks, uncertainties and assumptions, many of which are unpredictable
and not within our control. Our future results and stockholder values may
differ materially from those expressed in these forward-looking statements
because of a variety of risks and uncertainties, including:
•
existing and future regulations affecting our business;
•
general economic and business conditions;
•
adverse outcomes in pending litigation;
•
inability to successfully execute our growth and operating strategies; and
•
other risk factors described under
"MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS—Risk Factors" in our
Annual Report on Form 10-K for the year ended December 31, 2002.
We do not intend to update these forward-looking statements after the date
of this prospectus, even if new information, future events or other
circumstances have made them incorrect or misleading as of any future date. For
all of these statements, we claim the protection of the safe harbor for
forward-looking statements provided in Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934.
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ORTHODONTIC CENTERS OF AMERICA
OVERVIEW
We are the leading provider of business services to orthodontic and
pediatric dental practices. Since 1985, we have executed a retail-oriented
approach to developing orthodontic practices and, since 2001, pediatric dental
practices, which we believe has resulted in significant increases in
productivity and profitability for our affiliated orthodontists and pediatric
dentists.
At September 30, 2003, we provided business services to 363 affiliated
practices located throughout the United States and parts of Japan, Mexico,
Spain and Puerto Rico. "Affiliated practices" are orthodontists or pediatric
dentists and/or their professional corporations or other entities that are
parties to service, consulting or similar long-term agreements with us or our
subsidiaries. These amounts exclude 53 orthodontists and pediatric dentists
that were involved in litigation with OCA and for which we had ceased to record
fee revenue as of September 30, 2003.
During the nine months ended September 30, 2003, our affiliated practices
initiated treatment of approximately 161,000 patients, representing initial new
patient contract balances of approximately $527.9 million for the nine months
ended September 30, 2003. At September 20, 2003, our affiliated practitioners
were treating a total of approximately 490,000 patients.
OUR BUSINESS
We provide our affiliated practices with business, operational and
marketing expertise that enables them to realize significantly greater
productivity, practice revenue and patient volume, while maintaining high
quality orthodontic and pediatric dental care. Our services include:
•
integrating proprietary, user-friendly management information
systems to provide timely information and to enhance operational and
accounting controls;
•
implementing proprietary operating systems and innovative
office designs to increase productivity;
•
developing and implementing marketing plans using television,
radio and print advertising and internal marketing programs to
increase patient volume; and
•
combining proprietary online ordering systems and purchasing
power to reduce orthodontic and pediatric dental supply costs.
OUR OPERATING STRATEGY
We believe we add value to our affiliated practices by providing superior
and innovative services that are designed to enhance productivity and increase
profitability. Key elements of our operating strategy include:
•
emphasizing high quality patient care;
•
stimulating demand for orthodontic services through marketing and advertising;
•
increasing market penetration with competitive patient fees and convenient payment plans;
•
achieving operating efficiencies through proprietary
operating systems and innovative office designs; and
•
providing superior service through information technology.
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OUR GROWTH STRATEGY
Our growth strategy focuses primarily on enabling our affiliated practices
to grow and enhance their productivity, and also on affiliating with additional
orthodontic and pediatric dental practices in the United States and abroad. Key
elements of our growth strategy include:
•
enhancing the productivity and increasing the profitability
of existing practices through increased patient treatment intervals
and the use of general dentists as assistants;
•
affiliating with additional orthodontic and pediatric dental practices; and
•
continuing to expand in Japan, Mexico, Spain, Puerto Rico and other international markets.
OUR AFFILIATED ORTHODONTIC AND PEDIATRIC DENTAL PRACTICES
As of September 30, 2003, we provided business services to 335 orthodontic
practices located throughout the United States and parts of Japan, Mexico,
Spain and Puerto Rico. We believe our services have resulted in significant
increases in productivity and profitability for our affiliated practices.
We develop and implement marketing and advertising plans for our
affiliated practices, using television, radio and print advertising and
internal marketing promotions. We believe that our marketing and advertising
strategy has allowed our affiliated orthodontists to generate significantly
greater patient volume than traditional orthodontists.
Our operating systems and office designs, along with the efficient use of
an average of five orthodontic assistants per orthodontic center, have enabled
our affiliated orthodontists to treat more patients per day as compared to
traditional orthodontists. Our innovative office designs permit an affiliated
orthodontist to treat patients without moving from room to room. Our
proprietary patient scheduling system groups appointments by the type of
procedure and dedicates certain days exclusively to new patients.
As of September 30, 2003, we provided business services to 28 pediatric
dental practices located throughout the United States. We view pediatric
dentistry as complementary to orthodontics because pediatric dental practices
are typically a significant referral source for new orthodontic patients. In
addition, pediatric dentists can promote efficient use of facilities by
operating in orthodontic centers on days that the centers are not being used
for affiliated orthodontic practices and would otherwise be closed. We intend
to affiliate with additional pediatric dentists in the future.
USE OF PROCEEDS
We will not receive any proceeds from the resale by the selling
stockholders of any shares of our common stock under this prospectus.
SELLING STOCKHOLDERS
The issuance of shares of our common stock upon exercise of options
granted under the Orthodontic Centers of America, Inc. 1994 Incentive Stock
Plan, as amended and restated, have been registered under the Securities Act of
1933 by registration statements on Form S-8. This prospectus is to be used in
connection with any resales of our common stock acquired upon the exercise of
such options after the exercise date by persons who may be considered our
"affiliates" within the meaning of the Securities Act of 1933.
At the date of this prospectus, we do not know the names of persons who
intend to resell shares of our common stock under this plan. The selling
stockholders will be either our directors, officers, employees, consultants
and/or advisors, who may be considered our "affiliates" within the meaning of
the Securities Act of 1933 who have been, or may be, granted shares of common
stock under this plan during the period in which they serve, or their
transferees, pledgees, donees, assignees or successors. We will supplement the
prospectus with the names of the
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selling stockholders and the number of shares of our common stock to be
reoffered by them as that information becomes known.
PLAN OF DISTRIBUTION
The shares may be offered by the selling stockholders from time to time in
transactions through the New York Stock Exchange, in negotiated transactions,
through the writing of options on the shares or a combination of these methods
of sale, at prices related to prevailing market prices or at negotiated prices.
The selling stockholders may sell some or all of their shares of common stock
from time to time to purchasers directly or through underwriters,
broker-dealers or agents. If the selling stockholders sell shares through
underwriters, broker-dealers or agents, the selling stockholders will be
responsible for the underwriters', broker-dealers' or agents' commissions,
discounts or concessions. These discounts, concessions or commissions as to any
particular underwriter, broker-dealer or agent may be in excess of those
customary in the types of transactions involved.
We have agreed to pay all expenses incurred in connection with the
registration of the shares of our common stock offered under this prospectus,
except that the selling stockholders shall be responsible for all underwriting
discounts and selling commissions, fees and expenses of counsel and other
advisors to the selling stockholders, transfer taxes and related charges in
connection with the offer and sale of these shares.
The selling stockholders and any broker-dealers or agents that participate
in the distribution of the shares of common stock covered by this prospectus
may be deemed to be "underwriters" within the meaning of Section 2(11) of the
Securities Act of 1933. As a result, any profit on the selling stockholders'
sale of shares and any commissions, discounts or concessions received by any
such broker-dealers or agents might be deemed to be underwriting discounts and
commissions under the Securities Act. The shares of common stock may be sold in
one or more transactions at:
•
fixed prices;
•
prevailing market prices at the time of sale;
•
varying prices determined at the time of sale; or
•
negotiated prices.
These sales may be effected in transactions:
•
on any national securities exchange or quotation service on
which the common stock may be listed or quoted at the time of the
sale;
•
in the over-the-counter market;
•
in transactions other than on such exchanges or services or in the over-the-counter market; or
•
through the writing of options or other derivative contracts,
whether such options are listed on an options exchange or otherwise.
These transactions may include block transactions or crosses. Crosses are
transactions in which the same broker acts as an agent on both sides of the
trade.
In connection with sales of the shares, the selling stockholders may enter
into transactions with broker-dealers. After the date of effectiveness of this
registration statement, these broker-dealers may in turn engage in short sales
of the common stock in the course of those transactions. After the date of
effectiveness of this registration statement, the selling stockholders may also
sell the common stock short and deliver shares of common stock to close out
short positions, or loan or pledge the common stock to broker-dealers that in
turn may sell the common stock. In order to comply with the securities laws of
some states, if applicable, the shares of common stock may be sold in these
jurisdictions only through registered or licensed brokers or dealers.
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The aggregate proceeds to the selling stockholders from the sale of the
shares of common stock offered by them hereby will be the purchase price of the
shares less commissions, discounts or concessions, if any. The selling
stockholders reserve the right to accept and, together with their agents from
time to time, to reject, in whole or in part, any proposed purchase of shares
to be made directly or through agents.
The selling stockholders and any other person participating in the
distribution of the shares will be subject to the Securities Exchange Act of
1934 and the rules and regulations thereunder. These rules and regulations may
limit the timing of purchases and sales of any of the shares by the selling
stockholders and any such other person. In particular, Regulation M may
restrict the ability of the selling stockholders and any other person
participating in the distribution of the shares to engage in market-making
activities with respect to the shares of common stock. This may affect the
marketability of the shares and the ability of any person or entity to engage
in market-making activities with respect to the common stock.
We cannot assure you that the selling stockholders will sell any or all of
their shares of common stock through this prospectus. Any securities covered by
this prospectus that qualify for sale pursuant to Rule 144 or Rule 144A under
the Securities Act of 1933 may be sold under Rule 144 or Rule 144A rather than
through this prospectus.
To the extent required, the common stock to be sold, the respective
purchase prices and public offering prices, the names of any underwriter,
dealer or agent and any applicable commissions, discounts or concessions with
respect to a particular offer will be set forth in an accompanying prospectus
supplement or, if appropriate, a post-effective amendment to the registration
statement of which this prospectus is a part.
WHERE YOU CAN FIND MORE INFORMATION
We file annual, quarterly and special reports, proxy statements and other
information with the Securities and Exchange Commission. Our SEC filings are
available to the public over the Internet at the SEC's web site at
http://www.sec.gov. You may also read and copy any document we file with the
SEC at the SEC's following public reference facilities:
Public Reference Room
New York Regional Office
Chicago Regional Office
Room 1024
Woolworth Center
Citicorp Center
450 Fifth Street, N.W
233 Broadway
Suite 1400
Washington, D.C. 20549
New York, New York 10279
500 West Madison Street
Chicago, Illinois 60661-2511
You may also obtain copies of the documents at prescribed rates by writing
to the Public Reference Section of the SEC at 450 Fifth Street, N.W., Room
1024, Washington, D.C. 20549. Please call 1-800-SEC-0330 for further
information on the operations of the public reference facilities. Our SEC
filings are also available at the offices of the New York Stock Exchange, 20
Broad Street, New York, New York 10005.
This prospectus is part of a registration statement on Form S-8 that we
filed under the Securities Act of 1933. As allowed by SEC rules, this
prospectus does not contain all the information you can find in the
registration statement or the exhibits to the registration statement.
Additional information may be found on our Internet website, which is
www.4braces.com. Our Internet website and the information contained in or
connected to that website are not intended to be incorporated into this
prospectus.
INCORPORATION OF INFORMATION WE FILE WITH THE SEC
The SEC allows us to "incorporate by reference" in this prospectus the
information we file with the SEC, which means:
•
Incorporated documents are considered part
of this prospectus;
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•
We can disclose important information to you by referring you to those documents; and
•
Information that we file with the SEC will automatically
update and supersede the information in this prospectus and any
information that was previously incorporated, and any statement that
is so updated or superseded will not be deemed a part of this
prospectus.
We incorporate by reference the documents listed below which we filed with
the SEC under the Securities Exchange Act of 1934:
•
Annual Report on Form 10-K for the year ended December 31, 2002;
•
Quarterly Report on Form 10-Q for the three months ended March 31, 2003;
•
Quarterly Report on Form 10-Q for the three months ended June 30, 2003;
•
Quarterly Report on Form 10-Q for the three months ended September 30, 2003;
•
Annual Report on Form 11-K for the year ended December 31, 2002; and
•
The section entitled "Description of Common Stock" in our
registration statement on Form 8-A filed on October 7, 1997.
We also incorporate by reference each of the following documents that we
will file with the SEC after the date of the initial filing of the registration
statement and prior to the time we sell all of the shares of our common stock
offered by this prospectus:
•
Reports filed under Section 13(a), 13(c) or 15(d) of the
Exchange Act; provided that this prospectus will not incorporate any
information we may furnish to the SEC under Item 9 or Item 12 of
Form 8-K; and
•
Definitive proxy or information statements filed under
Section 14 of the Exchange Act in connection with any subsequent
stockholders' meeting.
You can obtain any of the filings incorporated by reference in this
document through us, or from the SEC through the SEC's web site or at the
addresses listed above. Documents incorporated by reference are available from
us without charge, excluding any exhibits to those documents unless the exhibit
is specifically incorporated by reference as an exhibit in this prospectus. You
can obtain documents incorporated by reference in this prospectus by requesting
them in writing or by telephone from us at the following address:
Orthodontic Centers of America, Inc.
3850 N. Causeway Boulevard, Suite 800
Metairie, Louisiana 70002
Attention: Investor Relations
Telephone: (504) 834-4392
You should rely only on the information contained in or incorporated by
reference in this prospectus in considering whether or not to purchase shares
of our common stock in this offering. We have not authorized anyone to provide
you with information that is different from the information in this prospectus.
You should not assume that the information contained in this document is
accurate as of any date other than the date of this prospectus.
LEGAL MATTERS
Waller Lansden Dortch & Davis, A Professional Limited Liability Company,
Nashville, Tennessee, special counsel to us, has passed on certain legal
matters with respect to the validity of the shares of our common stock offered
under this prospectus.
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EXPERTS
Ernst & Young LLP, independent auditors, have audited our consolidated
financial statements and schedule appearing in Orthodontic Centers of America,
Inc.'s Annual Report (Form 10-K) for the year ended December 31, 2002, as set
forth in their report, which is incorporated by reference in this prospectus
and elsewhere in the registration statement. Our financial statements and
schedule are incorporated by reference in reliance on Ernst & Young LLP's
report, given on their authority as experts in accounting and auditing.
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PART I
INFORMATION REQUIRED IN THE SECTION 10 PROSPECTUS
The documents containing the information specified in Part I of Form S-8
(plan information and registrant information) will be sent or given to
participants of the Orthodontic Centers of America, Inc. 1994 Incentive Stock
Plan, as amended and restated, as specified by Rule 428(b)(1) under the
Securities Act of 1933. Such documents need not be filed with the Securities
and Exchange Commission either as part of this registration statement or as
prospectuses or prospectus supplements pursuant to Rule 424 under the
Securities Act of 1933. These documents and the documents incorporated by
reference in this registration statement pursuant to Item 3 of Part II of this
registration statement, taken together, constitute a prospectus that meets the
requirements of Section 10(a) of the Securities Act of 1933.
I-1
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PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Pursuant to General Instruction E to Form S-8, the Registrant hereby
incorporates by reference in this registration statement, except as noted, the
contents of the Registrant's earlier registration statement on Form S-8
(Registration No. 333-2792) filed on March 27, 1996.
Item 8.
Exhibits.
Exhibit
Number
Description of Exhibits
4.1
Specimen Stock Certificate (1)
5.1
Opinion of Waller Lansden Dortch & Davis, PLLC
23.1
Consent of Ernst & Young LLP
23.2
Consent of Waller Lansden Dortch & Davis, PLLC (included in opinion filed as Exhibit 5.1)
24.1
Power of Attorney (included on page II-2)
99.1
Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as
Amended and Restated (2)
99.2
Amendment No. 1 to the Orthodontic Centers of America, Inc. 1994
Incentive Stock Plan, as Amended and Restated (3)
(1)
Filed as an exhibit to the
Registrant's registration statement on Form S-1 (Registration
Statement No. 33-85326), and incorporated by reference in this registration statement.
(2)
Filed as an exhibit to the Registrant's annual report on Form 10-K for
the year ended December 31, 2002 (file number 001-13457), and incorporated
by reference in this registration statement.
(3)
Filed as an exhibit to the Registrant's quarterly report on Form 10-Q for
the quarter ended June 30, 2003 (file number 001-13457), and incorporated
by reference in this registration statement.
II-1
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Metairie, State of Louisiana, on January 30, 2004.
ORTHODONTIC CENTERS OF AMERICA, INC
By:
/s/ Bartholomew F. Palmisano, Sr.
Bartholomew F. Palmisano, Sr.
Chairman of the Board, President and
Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Bartholomew F. Palmisano, Sr. and David E.
Verret, and each of them, his true and lawful attorney-in-fact, as agent and
with full power of substitution and resubstitution for him and in his name,
place and stead, in any and all capacity, to sign any or all amendments to this
Registration Statement and any registration statement related to the same
offering as this Registration Statement that is to be effective upon filing
pursuant to Rule 462(b) under the Securities Act of 1933, and to file the same,
with all exhibits thereto, and other documents in connection therewith, with
the Securities and Exchange Commission, granting unto said attorney-in-fact and
agents in full power and authority to do and perform each and every act and
thing requisite and necessary to be done in and about the premises, as fully
and to all intents and purposes as they might or be in person, hereby ratifying
and confirming all that said attorneys-in-fact and agents, and their substitute
or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this
registration statement on Form S-8 has been signed by the following persons on
behalf of the Registrant and in the capacities and on the dates indicated.
SIGNATURE
TITLE
DATE
/s/ Bartholomew F. Palmisano, Sr.
Bartholomew F. Palmisano, Sr.
Chairman of the Board, President and
Chief Executive Officer (principal
executive officer)
January 30, 2004
/s/ David E. Verret
David E. Verret
Senior Vice President of Finance
(principal financial and accounting
officer)
January 30, 2004
/s/ Dr. Dennis J.L. Buchman
Dr. Dennis J.L. Buchman
Executive Vice President, Director
January 30, 2004
/s/ Dr. Hector M. Bush
Dr. Hector M. Bush
Director
January 30, 2004
/s/ Dr. Jack P. Devereux, Jr.
Dr. Jack P. Devereux, Jr.
Director
January 30, 2004
II-2
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SIGNATURE
TITLE
DATE
/s/ Ashton J. Ryan, Jr.
Ashton J. Ryan, Jr.
Director
January 26, 2004
/s/ Dr. John J. Sheridan
Dr. John J. Sheridan
Director
January 27, 2004
/s/ W. Dennis Summers
W. Dennis Summers
Director
January 30, 2004
/s/ David W. Vignes
David W. Vignes
Director
January 27, 2004
/s/ Edward J. Walters, Jr.
Edward J. Walters, Jr.
Director
January 26, 2004
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INDEX TO EXHIBITS
Exhibit
Number
Description of Exhibits
4.1
Specimen Stock Certificate (1)
5.1
Opinion of Waller Lansden Dortch & Davis, PLLC
23.1
Consent of Ernst & Young LLP
23.2
Consent of Waller Lansden Dortch & Davis, PLLC (included in opinion filed as Exhibit 5.1)
24.1
Power of Attorney (included on page II-2)
99.1
Orthodontic Centers of America, Inc. 1994 Incentive Stock Plan, as
Amended and Restated (2)
99.2
Amendment No. 1 to the Orthodontic Centers of America, Inc. 1994
Incentive Stock Plan, as Amended and Restated (3)
(1)
Filed as an exhibit to the
Registrant's registration statement on Form S-1 (Registration
Statement No. 33-85326), and incorporated by reference in this registration statement.
(2)
Filed as an exhibit to the Registrant's annual report on Form 10-K for
the year ended December 31, 2002 (file number 001-13457), and incorporated
by reference in this registration statement.
(3)
Filed as an exhibit to the Registrant's quarterly report on Form 10-Q for
the quarter ended June 30, 2003 (file number 001-13457), and incorporated
by reference in this registration statement.