SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549





                                    FORM 8-K




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


Date of Report (Date of earliest event reported)           September 9, 1997
                                                 ---------------------------


                        INTEGRATED HEALTH SERVICES, INC.
             (Exact Name of Registrant as Specified in its Charter)


       Delaware                       1-12306                 23-2428312
(State or Other Jurisdiction        (Commission                (IRS Employer
     of Incorporation)              File Number)            Identification No.)


10065 Red Run Boulevard, Owings Mills, Maryland                         21117
(Address of Principal Executive Offices)                              (Zip Code)



Registrant's telephone number, including area code:       (410) 998-8400



                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)



<PAGE>



ITEM 5. OTHER EVENTS

     On September 9, 1997,  Integrated  Health  Services,  Inc. issued the press
release filed herewith as Exhibit 99.


ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

     (C) EXHIBITS.

     99. Press Release dated September 9, 1997.





                                       2

<PAGE>



                                   SIGNATURES


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



                                     INTEGRATED HEALTH SERVICES, INC.



Date: September 9, 1997              By: /s/ W. Bradley Bennett
                                         ----------------------
                                         Name: W. Bradley Bennett
                                         Title: Executive Vice President--Chief
                                                 Accounting Officer





                                       3
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{"company-data": {"conformed-name": "INTEGRATED HEALTH SERVICES INC", "cik": "0000785814", "assigned-sic": "8051", "irs-number": "232428312", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "file-number": "001-12306", "film-number": "97677512"}, "business-address": {"street1": "10065 RED RUN BLVD", "city": "OWINGS MILLS", "state": "MD", "zip": "21117", "phone": "4109988400"}, "mail-address": {"street1": "100065 RED RUN BLVD", "city": "OWINGS MILLS", "state": "MD", "zip": "21117"}}
SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

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

Date of Report (Date of earliest event reported)           September 9, 1997
                                                 ---------------------------

                        INTEGRATED HEALTH SERVICES, INC.
             (Exact Name of Registrant as Specified in its Charter)

       Delaware                       1-12306                 23-2428312
(State or Other Jurisdiction        (Commission                (IRS Employer
     of Incorporation)              File Number)            Identification No.)

10065 Red Run Boulevard, Owings Mills, Maryland                         21117
(Address of Principal Executive Offices)                              (Zip Code)

Registrant's telephone number, including area code:       (410) 998-8400

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS

     On September 9, 1997,  Integrated  Health  Services,  Inc. issued the press
release filed herewith as Exhibit 99.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

     (C) EXHIBITS.

     99. Press Release dated September 9, 1997.

                                       2
SIGNATURES

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

                                     INTEGRATED HEALTH SERVICES, INC.

Date: September 9, 1997              By: /s/ W. Bradley Bennett
                                         ----------------------
                                         Name: W. Bradley Bennett
                                         Title: Executive Vice President--Chief
                                                 Accounting Officer

                                       3