Company:  PF2 SPINCO, INC.
Form Type:  S-4/A
Filing Date:  2/14/2020 
CIK:  0001790930 
Address:  6555 STATE HWY 161 
City, State, Zip:  IRVING, Texas 75039 
Telephone:  (972) 446-4800 
Fiscal Year:  03/31 
Register and access this filing in:     
  FORM S-4/A
    EXPLANATORY NOTE
    SUBJECT TO COMPLETION DATED FEBRUARY 14, 2020
    CITY TIME, ON MARCH 9, 2020, UNLESS THE EXCHANGE OFFER IS ...
    TABLE OF CONTENTS
    QUESTIONS AND ANSWERS ABOUT THE EXCHANGE OFFER AND THE ...
    Questions and Answers About the Exchange Offer and the Spin-Off
    SUMMARY
    Step 2 Distribution-Exchange Offer and Possible Spin-Off
    Risk Factors
      NAME AND TITLE
    The Exchange Agent for the Exchange Offer and the Merger
    The Transfer Agent
    SUMMARY HISTORICAL AND PRO FORMA FINANCIAL DATA
    Summary Historical Financial Data of SpinCo
    Summary Historical Financial Data of McKesson
    Summary Historical Financial Data of Change Healthcare Inc.
    Summary Historical Consolidated Financial Data of Change ...
    Summary Historical Consolidated Financial Data of Legacy CHC
    Summary Historical Combined Financial Data of Core MTS
      INCOME STATEMENT
    Historical Common Stock Market Price and Dividend Data
    RISK FACTORS
    Risks Related to the Transactions
    CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS
    THE EXCHANGE OFFER
      Competition
      Legal Proceedings
      Employees
    Change's Business After the Consummation of the Transactions
    Compensation Related to the Joint Venture Transactions
      COMPENSATION TABLE
      OPTIONS
    Director Compensation
    MANAGEMENT'S DISCUSSION AND ANALYSIS OF
    Loss on Dilution in the Interest of the Joint Venture
      Liquidity and Capital Resources
      Quantitative and Qualitative Disclosure of Market Risk
    SELECTED HISTORICAL FINANCIAL DATA
    Selected Historical Financial Data of SpinCo
    Selected Historical Financial Data of McKesson
    Selected Historical Financial Data of Change Healthcare Inc.
    Selected Historical Consolidated Financial Data of Change ...
      INCOME STATEMENT
    Selected Historical Consolidated Financial Data of Legacy CHC
    Selected Historical Combined Financial Data of Core MTS
    Change Dividend Policy
    Step 2 Distribution-Exchange Offer and Possible Spin-Off
    THE MERGER AGREEMENT
    The Exchange Offer and Distribution
      Indemnification
    OTHER AGREEMENTS AND OTHER RELATED PARTY TRANSACTIONS
    Change's Statement of Policy Regarding Transactions with ...
    DESCRIPTION OF CERTAIN INDEBTEDNESS OF CHANGE HEALTHCARE INC.
    DESCRIPTION OF CHANGE HEALTHCARE INC. CAPITAL STOCK
    Conflicts of Interest
    DESCRIPTION OF CHANGE HEALTHCARE INC. TANGIBLE EQUITY UNITS
      BENEFICIAL OWNERS
    CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
    LEGAL MATTERS
    EXPERTS
    WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION BY REFERENCE
    INDEX TO FINANCIAL STATEMENTS
      INCOME STATEMENT
      INCOME STATEMENT
      REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
        INCOME STATEMENT
        BALANCE SHEET
        CASH FLOW
      Notes to Combined Financial Statements
        INCOME STATEMENT
        BALANCE SHEET
        CASH FLOW
    Related Party Transactions
      Report of Independent Registered Public Accounting Firm
        INCOME STATEMENT
        BALANCE SHEET
        STOCKHOLDERS EQUITY
        CASH FLOW
        STOCKHOLDERS EQUITY
        STOCKHOLDERS EQUITY
        BALANCE SHEET
      Report of Independent Registered Public Accounting Firm
        INCOME STATEMENT
        BALANCE SHEET
        STOCKHOLDERS EQUITY
        CASH FLOW
        BALANCE SHEET
        BALANCE SHEET
        STOCKHOLDERS EQUITY
        BALANCE SHEET
      Report of Independent Registered Public Accounting Firm
        BALANCE SHEET
        INCOME STATEMENT
        STOCKHOLDERS EQUITY
        CASH FLOW
        BALANCE SHEET
        BALANCE SHEET
      Report of Independent Registered Public Accounting Firm
        INCOME STATEMENT
        BALANCE SHEET
        CASH FLOW
        Stock Plans
    THE INFORMATION AGENT FOR THE EXCHANGE OFFER IS:
      THE EXCHANGE AGENT FOR THIS OFFER IS:
    PART II
      Item 20. Indemnification of Directors and Officers
      Item 22. Undertakings
    EXHIBIT INDEX
    SIGNATURES
  EXHIBIT 23.1
    CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
  EXHIBIT 23.2
    CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
  EXHIBIT 23.3
    CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
  EXHIBIT 23.4
    CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
  EXHIBIT 23.5
    CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
  EXHIBIT 23.6
    Consent of Independent Registered Public Accounting Firm