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<TITLE>KCI ANNOUNCES PRICING</TITLE>
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<B><FONT SIZE=5><P ALIGN="CENTER">UNITED STATES</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</P>
</FONT><FONT SIZE=4><P ALIGN="CENTER"></P>
</FONT><FONT SIZE=2><P ALIGN="CENTER">Washington, D.C.  20549</P>
</B></FONT><P ALIGN="CENTER">____________________</P>
<B><FONT SIZE=4><P ALIGN="CENTER"></P>
</FONT><FONT SIZE=6><P ALIGN="CENTER">FORM 8-K</P>
</FONT><FONT SIZE=5><P ALIGN="CENTER"></P>
</FONT><P ALIGN="CENTER">CURRENT REPORT</P>
<FONT SIZE=4><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
</B></FONT><FONT SIZE=2><P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of<BR>
the Securities Exchange Act of 1934<B><BR>
</B></FONT>____________________</P>
<B><FONT SIZE=4>
</FONT><P ALIGN="CENTER">July 24, 2003<FONT SIZE=2><BR>
</B>(Date of earliest event reported)</P>
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</FONT><FONT SIZE=4><P ALIGN="CENTER">&nbsp;</P>
</FONT><U><FONT SIZE=6><P ALIGN="CENTER">KINETIC CONCEPTS, INC.</FONT><B><FONT SIZE=5><BR>
</B></U></FONT><FONT SIZE=1>(Exact name of Registrant as specified in its charter)</P>
</FONT><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P>&nbsp;</P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=0 WIDTH=632>
<TR><TD WIDTH="36%" VALIGN="TOP">
<B><P ALIGN="CENTER">Texas</B></TD>
<TD WIDTH="31%" VALIGN="TOP">
<B><P ALIGN="CENTER">001-09913</B></TD>
<TD WIDTH="32%" VALIGN="TOP">
<B><P ALIGN="CENTER">74-1891727</B></TD>
</TR>
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<FONT SIZE=2><P ALIGN="CENTER">(State of incorporation or organization)</FONT></TD>
<TD WIDTH="31%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">(Commission File No.)</FONT></TD>
<TD WIDTH="32%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">(IRS Employer Identification No.)</FONT></TD>
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<P>&nbsp;</P>
<B><P ALIGN="CENTER">8023 Vantage Drive<BR>
San Antonio, Texas 78230<BR>
Telephone Number: (210) 524-9000</B><FONT SIZE=2><BR>
</FONT><FONT SIZE=1>(Address, including zip code, and telephone number, including area code,<BR>
of registrant's principal executive offices)</P>
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<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
</FONT><P>&nbsp;</P>
<B><P>Item 5.&nbsp;&nbsp;&nbsp;Other Events.</P>
</B>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant announced the pricing of its senior subordinated notes in a press release.  A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.</P>
<B>
<P>Item 7.&nbsp;&nbsp;&nbsp;Exhibits.</P>
</B>
<P ALIGN="LEFT"><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=0 WIDTH=576>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>99.1</TD>
<TD WIDTH="92%" VALIGN="TOP">
<P>Kinetic Concepts, Inc. press release, dated July 24, 2003.</TD>
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<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
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<B><P ALIGN="CENTER">SIGNATURE</P>
</B>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.</P>

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<P>KINETIC CONCEPTS, INC.<BR>
(REGISTRANT)</P>

<P>&nbsp;</TD>
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<P>Date: July 24, 2003</TD>
<TD WIDTH="50%" VALIGN="TOP">

<P>By:&nbsp;&nbsp;<U>/s/ Dennert O. Ware&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dennert O. Ware<BR>
President and Chief Executive Officer<BR>
</TD>
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<P>&nbsp;</P>
<P>&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<B><P ALIGN="CENTER">EXHIBIT INDEX</P>
</B><FONT SIZE=2>
</FONT><P>&nbsp;</P>
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<B><U><P ALIGN="CENTER">Exhibit No.</B></U></TD>
<TD WIDTH="80%" VALIGN="TOP">
<B><U><P>Description</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
</TR>
<TR><TD WIDTH="20%" VALIGN="TOP">
<P ALIGN="CENTER">99.1</TD>
<TD WIDTH="80%" VALIGN="TOP">
<P>Kinetic Concepts, Inc. press release, dated July 24, 2003.</TD>
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KCI ANNOUNCES PRICING
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
____________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
____________________
July 24, 2003
(Date of earliest event reported)
KINETIC CONCEPTS, INC.
(Exact name of Registrant as specified in its charter)
Texas
001-09913
74-1891727
(State of incorporation or organization)
(Commission File No.)
(IRS Employer Identification No.)
8023 Vantage Drive
San Antonio, Texas 78230
Telephone Number: (210) 524-9000
(Address, including zip code, and telephone number, including area code,
of registrant's principal executive offices)
Item 5.   Other Events.
The Registrant announced the pricing of its senior subordinated notes in a press release.  A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
Item 7.   Exhibits.
99.1
Kinetic Concepts, Inc. press release, dated July 24, 2003.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
KINETIC CONCEPTS, INC.
(REGISTRANT)
Date: July 24, 2003
By:
/s/ Dennert O. Ware
Dennert O. Ware
President and Chief Executive Officer
EXHIBIT INDEX
Exhibit No.
Description
99.1
Kinetic Concepts, Inc. press release, dated July 24, 2003.