SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.

                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                        Date of Report: October 23, 1997


                             MEDICAL DYNAMICS, INC.
              --------------------------------------------------
             (Exact name of Registrant as specified in its charter)

                         Commission file number: 0-8632

          Colorado                                              84-0631765
          --------                                              ----------
(State or other jurisdiction of                                (IRS Employer
incorporation or organization)                            Identification Number)


         99 Inverness Drive East
           Englewood, Colorado                          80112
           -------------------                          -----
(Address of principal executive offices)              (Zip Code)


               Registrant's telephone number, including area code:
                                 (303) 790-2990

                                 not applicable
                  former name or former address, if applicable



<PAGE>



Item 2: Acquisition or Disposition of Assets

     On October 23,  1997,  effective as of October 1, 1997,  Medical  Dynamics,
Inc.  ("MEDY")  acquired all of the  outstanding  capital  stock of Computer Age
Dentist, Inc. ("CADI"), a California corporation, which is based in Los Angeles,
California  and is engaged in the  business of  development  and sales of dental
practice management software and related electronic services.

     The acquisition was accomplished pursuant to a reverse triangular merger by
which MEDY paid to the two former shareholders of CADI:  1,295,520 shares of its
restricted common stock,  promissory notes aggregating $300,000, and $254,697 in
cash. In addition, MEDY assumed certain existing obligations of CADI to a former
shareholder  and satisfied  such  obligations  by paying the former  shareholder
304,480 shares of restricted MEDY common stock,  $45,303 in cash, and a $100,000
promissory  note. The  promissory  notes are due, in full, no later than October
23,  1998.  MEDY  used  its  working  capital  to pay the  cash  portion  of the
acquisition price. There was no prior relationship  between MEDY and either CADI
or its  shareholders.  As a  result  of the  acquisition,  the two  former  CADI
shareholders,  Daniel L.  Richmond and Chae U. Kim, were named to the MEDY Board
of Directors.  MEDY's president and Chief Executive Officer, Van Horsley, became
a director and vice  president  of CADI.  MEDY agreed to use its best efforts to
register for resale  240,000  shares of the stock issued in the  transaction  at
some time during the first year  following the  completion  of the  transaction.
MEDY has not yet commenced this registration.

     In acquiring CADI, MEDY also acquired cash, trade receivables, inventories,
and personal property and equipment owned by CADI. CADI employs approximately 40
people, including its two principals, Daniel L. Richmond and Chae U. Kim. In the
opinion of MEDY's  management,  the  fundamental  source of value  obtained  was
CADI's software  technology which includes source code,  development  costs, and
the potential for future sales of the dental practice  management  software,  as
well as CADI's current technical support contracts with its customers.  CADI has
a base of more than 2,200 customer  installations  throughout the United States,
serving in excess of 3,500 dental professionals.

     Daniel L. Richmond,  one of the two principals of CADI and Chief  Executive
Officer of CADI since its  inception  in June 1987,  holds a Bachelor of Science
degree in mathematics and computer  science from the University of California at
Los Angeles.  Chae U. Kim, the other  principal of CADI,  has been  president of
CADI since its inception in June 1987 and holds a Bachelor of Science  degree in
biology from the University of California at Los Angeles.  Messrs.  Richmond and
Kim also continued as employees of CADI under five year employment contracts. As
partial  consideration  for their  continuing  employment,  they  each  accepted
options to acquire a total of 600,000 shares of MEDY common stock. These options
vest on the  occurrence  of  certain  revenue  and profit  goals.  If not vested
earlier,  the options  will all vest on March 31, 2004,  and they expire  unless
exercised by September 30, 2004.


<PAGE>




Item 5.  Other Events.

     On October 31,  1997,  MEDY sold a  convertible  debenture in the amount of
$1,100,000  to Tail Wind Fund,  Ltd.  pursuant to  Regulation  D. The  following
provides the information required by Item 701 of Regulation S-B.

     (A)  The  title  of the  securities  sold  is:  8%  convertible  debenture,
          convertible  into shares of MEDY common stock at the rate equal to the
          Market Price (as defined in the  debenture) but not greater than $3.45
          per share. Interest on the principal amount is payable quarterly,  and
          the  principal  amount of the  debenture is payable in full on October
          31,  2000.  MEDY is entitled to make  payment of interest in shares of
          its common stock valued at the Market Price (as defined).

     (B)  Rochon Capital Ltd., San Rafael, California,  acted as placement agent
          for the transaction.

     (C)  The total  offering  price was  $1,100,000.  A commission of 8.75% was
          paid to the  placement  agent,  and legal fees and expenses of $17,500
          were reimbursed to the placement agent and the purchaser.

     (D)  The transaction was exempt from registration  pursuant to Section 4(2)
          of the Securities Act of 1933, as amended, and Rule 506 thereunder.

     (E)  The  debenture  is  convertible  into shares of MEDY  common  stock as
          described  in  paragraph  (A),  above.  In  addition,  MEDY  issued  a
          five-year  warrant to the  purchaser to acquire  84,615 shares of MEDY
          common stock,  exercisable at 120% of Market Price (as defined) at the
          time of the Closing of the  private  placement,  but not greater  than
          $3.375.  One-third  of  the  principal  amount  of  the  debenture  is
          convertible  from and after January 29, 1998, an additional  one-third
          from and after  February 28, 1998;  and the entire  debenture from and
          after March 30, 1998.

     (F)  MEDY  undertook  to file a  registration  on Form S-3 and  (subject to
          certain  conditions)  obtain its  effectiveness  within 90 days of the
          completion of the transaction.  The registration  statement will allow
          resale of the MEDY  shares  only  after  conversion,  if the  investor
          actually  elects to  convert.  If the  registration  statement  is not
          effective as required under the Registration  Rights  Agreement,  MEDY
          will be obligated to pay  liquidated  damages to the investor equal to
          2% of the aggregate  principal  amount of the debenture for each month
          during which the Registration Statement is not effective.




<PAGE>



Item 7.  Financial Statements and Exhibits

     (A)  Financial  statements  of Computer Age  Dentist,  Inc. (to be filed by
          amendment).

     (B)  Pro forma financial statements of Medical Dynamics,  Inc. (to be filed
          by amendment)

     (C)  Exhibits

          1.   Agreement  and Plan of Merger by and  between  Medical  Dynamics,
               Inc., CADI  Acquisition  Corp.,  and Computer Age Dentist,  Inc.,
               dated as of October 1, 1997.

          2.   Form of Registration  Rights Agreement  between Medical Dynamics,
               Inc., Daniel L. Richmond, Chae U. Kim and James DeVico, Jr.

          3.   Purchase  Agreement  between Medical  Dynamics, Inc and The Tail
               Wind Fund, Ltd.

          4.   Form of Convertible Debenture

          5.   Registration Rights Agreement between Medical Dynamics,  Inc. and
               The Tail Wind Fund, Ltd.

          6.   Common Stock Purchase Warrant issued to The Tail Wind Fund, Ltd.




<PAGE>



                                   SIGNATURES

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

                                         MEDICAL DYNAMICS, INC.



November 6, 1997                          By: /s/  VAN A. HORSLEY
                                              ---------------------------------
                                              Van A. Horsley, President
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SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.

                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                        Date of Report: October 23, 1997

                             MEDICAL DYNAMICS, INC.
              --------------------------------------------------
             (Exact name of Registrant as specified in its charter)

                         Commission file number: 0-8632

          Colorado                                              84-0631765
          --------                                              ----------
(State or other jurisdiction of                                (IRS Employer
incorporation or organization)                            Identification Number)

         99 Inverness Drive East
           Englewood, Colorado                          80112
           -------------------                          -----
(Address of principal executive offices)              (Zip Code)

               Registrant's telephone number, including area code:
                                 (303) 790-2990

                                 not applicable
                  former name or former address, if applicable
Item 2: Acquisition or Disposition of Assets

     On October 23,  1997,  effective as of October 1, 1997,  Medical  Dynamics,
Inc.  ("MEDY")  acquired all of the  outstanding  capital  stock of Computer Age
Dentist, Inc. ("CADI"), a California corporation, which is based in Los Angeles,
California  and is engaged in the  business of  development  and sales of dental
practice management software and related electronic services.

     The acquisition was accomplished pursuant to a reverse triangular merger by
which MEDY paid to the two former shareholders of CADI:  1,295,520 shares of its
restricted common stock,  promissory notes aggregating $300,000, and $254,697 in
cash. In addition, MEDY assumed certain existing obligations of CADI to a former
shareholder  and satisfied  such  obligations  by paying the former  shareholder
304,480 shares of restricted MEDY common stock,  $45,303 in cash, and a $100,000
promissory  note. The  promissory  notes are due, in full, no later than October
23,  1998.  MEDY  used  its  working  capital  to pay the  cash  portion  of the
acquisition price. There was no prior relationship  between MEDY and either CADI
or its  shareholders.  As a  result  of the  acquisition,  the two  former  CADI
shareholders,  Daniel L.  Richmond and Chae U. Kim, were named to the MEDY Board
of Directors.  MEDY's president and Chief Executive Officer, Van Horsley, became
a director and vice  president  of CADI.  MEDY agreed to use its best efforts to
register for resale  240,000  shares of the stock issued in the  transaction  at
some time during the first year  following the  completion  of the  transaction.
MEDY has not yet commenced this registration.

     In acquiring CADI, MEDY also acquired cash, trade receivables, inventories,
and personal property and equipment owned by CADI. CADI employs approximately 40
people, including its two principals, Daniel L. Richmond and Chae U. Kim. In the
opinion of MEDY's  management,  the  fundamental  source of value  obtained  was
CADI's software  technology which includes source code,  development  costs, and
the potential for future sales of the dental practice  management  software,  as
well as CADI's current technical support contracts with its customers.  CADI has
a base of more than 2,200 customer  installations  throughout the United States,
serving in excess of 3,500 dental professionals.

     Daniel L. Richmond,  one of the two principals of CADI and Chief  Executive
Officer of CADI since its  inception  in June 1987,  holds a Bachelor of Science
degree in mathematics and computer  science from the University of California at
Los Angeles.  Chae U. Kim, the other  principal of CADI,  has been  president of
CADI since its inception in June 1987 and holds a Bachelor of Science  degree in
biology from the University of California at Los Angeles.  Messrs.  Richmond and
Kim also continued as employees of CADI under five year employment contracts. As
partial  consideration  for their  continuing  employment,  they  each  accepted
options to acquire a total of 600,000 shares of MEDY common stock. These options
vest on the  occurrence  of  certain  revenue  and profit  goals.  If not vested
earlier,  the options  will all vest on March 31, 2004,  and they expire  unless
exercised by September 30, 2004.
Item 5.  Other Events.

     On October 31,  1997,  MEDY sold a  convertible  debenture in the amount of
$1,100,000  to Tail Wind Fund,  Ltd.  pursuant to  Regulation  D. The  following
provides the information required by Item 701 of Regulation S-B.

     (A)  The  title  of the  securities  sold  is:  8%  convertible  debenture,
          convertible  into shares of MEDY common stock at the rate equal to the
          Market Price (as defined in the  debenture) but not greater than $3.45
          per share. Interest on the principal amount is payable quarterly,  and
          the  principal  amount of the  debenture is payable in full on October
          31,  2000.  MEDY is entitled to make  payment of interest in shares of
          its common stock valued at the Market Price (as defined).

     (B)  Rochon Capital Ltd., San Rafael, California,  acted as placement agent
          for the transaction.

     (C)  The total  offering  price was  $1,100,000.  A commission of 8.75% was
          paid to the  placement  agent,  and legal fees and expenses of $17,500
          were reimbursed to the placement agent and the purchaser.

     (D)  The transaction was exempt from registration  pursuant to Section 4(2)
          of the Securities Act of 1933, as amended, and Rule 506 thereunder.

     (E)  The  debenture  is  convertible  into shares of MEDY  common  stock as
          described  in  paragraph  (A),  above.  In  addition,  MEDY  issued  a
          five-year  warrant to the  purchaser to acquire  84,615 shares of MEDY
          common stock,  exercisable at 120% of Market Price (as defined) at the
          time of the Closing of the  private  placement,  but not greater  than
          $3.375.  One-third  of  the  principal  amount  of  the  debenture  is
          convertible  from and after January 29, 1998, an additional  one-third
          from and after  February 28, 1998;  and the entire  debenture from and
          after March 30, 1998.

     (F)  MEDY  undertook  to file a  registration  on Form S-3 and  (subject to
          certain  conditions)  obtain its  effectiveness  within 90 days of the
          completion of the transaction.  The registration  statement will allow
          resale of the MEDY  shares  only  after  conversion,  if the  investor
          actually  elects to  convert.  If the  registration  statement  is not
          effective as required under the Registration  Rights  Agreement,  MEDY
          will be obligated to pay  liquidated  damages to the investor equal to
          2% of the aggregate  principal  amount of the debenture for each month
          during which the Registration Statement is not effective.
Item 7.  Financial Statements and Exhibits

     (A)  Financial  statements  of Computer Age  Dentist,  Inc. (to be filed by
          amendment).

     (B)  Pro forma financial statements of Medical Dynamics,  Inc. (to be filed
          by amendment)

     (C)  Exhibits

          1.   Agreement  and Plan of Merger by and  between  Medical  Dynamics,
               Inc., CADI  Acquisition  Corp.,  and Computer Age Dentist,  Inc.,
               dated as of October 1, 1997.

          2.   Form of Registration  Rights Agreement  between Medical Dynamics,
               Inc., Daniel L. Richmond, Chae U. Kim and James DeVico, Jr.

          3.   Purchase  Agreement  between Medical  Dynamics, Inc and The Tail
               Wind Fund, Ltd.

          4.   Form of Convertible Debenture

          5.   Registration Rights Agreement between Medical Dynamics,  Inc. and
               The Tail Wind Fund, Ltd.

          6.   Common Stock Purchase Warrant issued to The Tail Wind Fund, Ltd.
SIGNATURES

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

                                         MEDICAL DYNAMICS, INC.

November 6, 1997                          By: /s/  VAN A. HORSLEY
                                              ---------------------------------
                                              Van A. Horsley, President