<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549



                                    FORM 10-K


[x]   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
      ACT OF 1934 [FEE REQUIRED] FOR THE FISCAL YEAR ENDED JUNE 30, 2002

                                       OR

[ ]   TRANSACTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
      For the transition period from              to
                                     ------------    -----------------

      Commission file number 333-81454


                           DVI RECEIVABLES CORP. VIII
             (Exact name of registrant as specified in its charter)

                 Delaware                                  33-0608442
      (State or other jurisdiction of                   (I.R.S. Employer
       incorporation or organization)                  Identification No.)


                                 2500 York Road
                           Jamison, Pennsylvania 18929
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (215) 488-5000

           Securities registered pursuant to Section 12(b) of the Act:
                                      NONE

           Securities registered pursuant to Section 12(g) of the Act:
                                      NONE

      Indicate by checkmark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
requirements for the past 90 days. YES [X ] NO [ ]

      Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. Not applicable.

      Aggregate market value of voting and non-voting stock held by
non-affiliates of the Registrant as of June 30, 2002. Zero.

      Number of shares of common stock outstanding as of June 30, 2002. 100
shares.
<PAGE>
                                     PART I

ITEM 1. BUSINESS

      This Annual Report on Form 10-K relates to DVI Receivables Corp. VIII, a
limited purpose corporation organized under the laws of the State of Delaware in
December, 1998 (the "Registrant"), and its wholly owned subsidiaries, DVI
Receivables VIII, L.L.C., DVI Receivables X, L.L.C., DVI Receivables XI, L.L.C.,
DVI Receivables XII, L.L.C., DVI Receivables XIV, L.L.C., DVI Receivables XVI,
L.L.C., and DVI Receivables XVII, L.L.C. all limited purpose Delaware
corporations formed in December 1998, June 1999, November 1999, April 2000,
December 2000, November 2001, and May 2002 respectively (collectively with the
Registrant, the "Company"). The Company does not intend to engage in any
business or investment activities other than acquiring, owing, leasing,
transferring, receiving or pledging the assets transferred to the Company
pursuant to a Contribution Agreement or Pooling Agreement. The Registrant's
articles of incorporation limit the Company's business and investment activities
to the above purposes and to any activities necessary, suitable or convenient to
accomplish the foregoing or incidental thereto. Accordingly, there is no
relevant information to report in response to Item 101 of Regulation S-K.

ITEM 2. PROPERTIES

      The Registrant does not have any physical properties. Accordingly, this
item is inapplicable.

ITEM 3. LEGAL PROCEEDINGS

      There are no material pending legal proceedings involving the Registrant.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

      No votes or consents of security holders were solicited during the
preceding fiscal year for any purpose.

                                     PART II

ITEM 5. Market for Registrant's Common Equity and Related Stockholder Matters

      There is no established public trading market for the common equity
securities of the Registrant.

      As of June 30, 2002, there was one registered common equity security
holder.

      The Registrant pays no dividends with respect to the common equity
securities.

ITEM 6. Selected Financial Data

      The regular monthly report form, which the Trustee is required to include
with each monthly distribution of Company assets to the security holders (the
"Monthly Reports") sets forth for the prior calendar month, as well as
cumulatively, all of the relevant financial information required by the
Indenture to be reportable to security holders.

      The Monthly Reports for the months ending July 31, 2001 through June 30,
2002, filed under Current Reports on Form 8-K, are incorporated herein by
reference.

      The foregoing presents all relevant financial information relating to the
Company. Because of the limited business activity of the Company, the Selected
Financial Data specified in Item 301 of Regulation S-K would not provide
meaningful additional information.


                                       1
<PAGE>
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

      Because of the limited business activity of the Company, the presentation
of Management's Discussion and Analysis of Financial Condition and Results of
Operations, as otherwise required by Item 303 of Regulation S-K, would not be
meaningful. All relevant information is contained in the Monthly Reports (filed
under Current Reports on Form 8-K) as described above.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

      Because of the limited business activity of the Company, the presentation
of Quantitative Disclosures about Market Risk, as required by Item 305 of
Regulation S-K, would not be meaningful. All relevant information is contained
in the Monthly Reports (filed under Current Reports on Form 8-K) as described
above.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

      As discussed above, furnishing the traditional financial information
required by Item 8 of Form 10-K would not add relevant information to that
provided by the foregoing statements. Because the securities are essentially
"passthrough" securities, the Company will have "income" only in the limited
sense of collecting payments on the receivables. The only material items of
"expense" for the Company will be the amounts paid as servicing compensation and
potentially certain payments relating to any credit enhancement facility. The
Monthly Reports contained in the Current Reports on Form 8-K provide complete
information on the amounts of the "income" and "expenses" of the Company.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE

      None.


                                    PART III

ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

DIRECTORS:

<TABLE>
<CAPTION>
NAME                         AGE            POSITION
----                         ---            --------
<S>                          <C>            <C>
John P. Boyle                52             Director since 1998

Jeffrey M. Medaglio          47             Director since 1999

William A. Norris, III       51             Director since 1999

Philip C. Jackson            52             Director since 2001
</TABLE>

EXECUTIVE OFFICERS:

<TABLE>
<CAPTION>
NAME                         AGE            POSITION
----                         ---            --------
<S>                          <C>            <C>
Steven R. Garfinkel          59             Executive Vice President and CFO since 1998

Matthew E. Goldenberg        33             Vice President since 2001

John P. Boyle                52             Vice President and CEO since 1998

Melvin C. Breaux             61             Secretary since 1998
</TABLE>


                                       2
<PAGE>
      John P. Boyle is a director and a vice president of the Registrant. He is
vice president and chief accounting officer of DVI, Inc. His primary
responsibility is managing the accounting, tax and financial reporting
functions. Mr. Boyle is a General Securities Principal and a CPA with twenty
years of experience in the financial services industry. Mr. Boyle spent five
years of his career with Peat Marwick Mitchell & Co. in Philadelphia. Beyond his
accounting background, he has extensive experience in credit and corporate
finance matters. Mr.. Boyle received his Bachelor of Arts degree from Temple
University.

      Jeffrey M. Medaglio is a director of the Registrant. He currently runs his
own estate and tax planning business. Mr. Medaglio is a CPA and an attorney.
Previously, Mr. Medaglio worked for the accounting firms of Bergey, Yoder,
Sweeney, Witter & Rolan, Kreischer, Miller & Company, Coopers & Lybrand and
Deloitte & Touche with various responsibilities including tax manager. He is a
graduate of Villanova University and Villanova School of Law. In addition, Mr.
Medaglio has a Master of Laws in taxation.

      William H. Norris, III is a director of the Registrant. He is a chartered
financial consultant with Karr Barth Associates, Inc., which provides insurance,
investment and tax planning services to individuals, business owners and
corporations. Previously, he spent 10 years with Meritor Financial Group as
director of corporate budget and assistant vice president of investor relations.

      Philip C. Jackson joined DVI in June 1999 as Vice President of Banking and
Finance. Previously PNC Bank, N.A., employed him for 20 years. He served in many
management positions while with PNC, his most recent position being Senior Vice
President/Segment Executive of the Financial Institutions Segment. His prior
experience includes Treasurer of Diamond Bathurst and seven years with the Bank
of America in Los Angeles, California. Mr. Jackson received his Bachelors of
Business Administration from the University of Pennsylvania's Wharton School.

      Melvin C. Breaux is a director and secretary of the Registrant and a vice
president and general counsel for DVI, Inc. Prior to joining DVI, Inc., Mr.
Breaux was a partner in the Philadelphia law firm of Drinker, Biddle & Reath. As
a member of that firm's banking and finance department, he specialized in
secured and unsecured commercial lending transactions, a wide variety of other
financing transactions and the general practice of business law.

      Steven R. Garfinkel is executive vice president and chief financial
officer of the Registrant and DVI, Inc. His responsibilities include corporate
finance, loan funding, balance sheet management, treasury, accounting and
financial reporting, internal control, financial and strategic planning, and
human resources. Mr. Garfinkel has extensive experience in developing and
managing corporate finance relationships, money market funding, derivative
hedging, financial planning and management information systems. Prior to joining
DVI, Inc., Mr. Garfinkel spent twenty-nine years with two large bank holding
companies: CoreStates Financial Corp. and First Pennsylvania Corporation. For
twenty years he was either controller or treasurer of those organizations. Mr.
Garfinkel received his Master of Business Administration degree from Drexel
University and his Bachelor of Arts degree from Temple University.

      Matthew Goldenberg is a vice president of the Registrant and of DVI
Financial Services, Inc. Matthew is responsible for the company's domestic
equipment-backed securitizations. Prior to joining DVI in January 1998, Matthew
spent seven years with Corestates Financial Corp in various accounting and
finance positions. He received his B.S. degree in Mathematics and his M.S.
degree in Finance from Drexel University.

ITEM 11. EXECUTIVE COMPENSATION

      Jeffrey M. Medaglio and William A. Norris, III, the independent directors,
are each paid $1,750 annually.

      There is no compensation for executive officers and the remaining
directors.


                                       3
<PAGE>
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

<TABLE>
<CAPTION>
     (1)                 (2)                              (3)                 (4)
                  Name and address                Amount and nature of
Title of class    of beneficial owner             beneficial ownership    % of class
--------------    -------------------             --------------------    ----------
<S>               <C>                             <C>                     <C>
Common equity     DVI Financial Services, Inc.    100 shares              100%
                  2500 York Road
                  Jamison, Pa.  18929
</TABLE>

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

      None.



                                     PART IV

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K


      (a)(1) Financial Statements (not applicable)

      (a)(2) Financial Statement Schedules (not applicable)

      (a)(3) Exhibits

<TABLE>
<CAPTION>
                                                                          Reference to prior
      Regulation S-K                                                      filing or Exhibit
          Exhibit                                                          number attached
          Number                          Document                             hereto
          ------                          --------                             ------
<S>                     <C>                                               <C>
            3.1         Amended and Restated Certificate of                     (1)
                        Incorporation of Registrant

            3.2         Bylaws of Registrant                                    (2)

            4.1         Amended and Restated Indenture, dated December          (3)
                        1, 1998, between DVI Receivables VIII, L.L.C.
                        and U.S. Bank Trust National Association

            4.2         Amended and Restated Contribution and                   (3)
                        Servicing Agreement, dated December 1, 1998,
                        by and between DVI Financial Services, Inc.
                        and Registrant

            4.3         Amended and Restated Subsequent Contract                (3)
                        Transfer Agreement, dated December 1, 1998
                        between Registrant and DVI Receivables VIII,
                        L.L.C.

            4.4         Amended and Restated Limited Liability Company          (3)
                        Operating Agreement, dated December 1, 1998,
                        by and between Registrant and DVI Receivables
                        VIII, L.L.C.

            4.5         Amended and Restated Indenture, dated June 1,           (4)
                        1999, between DVI Receivables X, L.L.C. and
                        U.S. Bank Trust National Association
</TABLE>


                                  4
<PAGE>
<TABLE>
<S>                     <C>                                               <C>
            4.6         Amended and Restated Contribution and                   (4)
                        Servicing Agreement, dated June 1, 1999, by
                        and between DVI Financial Services, Inc. and
                        DVI Receivables Corp. X

            4.7         Amended and Restated Subsequent Contract                (4)
                        Transfer Agreement, dated June 1, 1999 between
                        DVI Receivables Corp. X and DVI Receivables X,
                        L.L.C.

            4.8         Amended and Restated Limited Liability Company          (4)
                        Operating Agreement, dated June 1, 1999, by
                        and between Registrant and DVI Receivables X,
                        L.L.C.

            4.9         Amended and Restated Indenture, dated December          (5)
                        1, 1999, between DVI Receivables XI L.L.C. and
                        U.S. Bank Trust National Association

            4.11        Amended and Restated Contribution and                   (5)
                        Servicing Agreement, dated December 1, 1999,
                        by and between DVI Financial Services, Inc.
                        and DVI Receivables Corp. XI

            4.12        Amended and Restated Subsequent Contract                (5)
                        Transfer Agreement, dated December 1, 1999
                        between DVI Receivables Corp. XI and DVI
                        Receivables XI, L.L.C.

            4.13        Amended and Restated Limited Liability Company          (5)
                        Operating Agreement, dated December 1, 1999,
                        by and between Registrant and DVI Receivables
                        XI, L.L.C.

            4.14        Amended and Restated Indenture, dated April 1,          (6)
                        2000, between DVI Receivables XII, L.L.C. and
                        U.S. Bank Trust National Association

            4.15        Amended and Restated Contribution and                   (6)
                        Servicing Agreement, dated April 1, 2000, by
                        and between DVI Financial Services, Inc. and
                        DVI Receivable Corp XII.

            4.16        Amended and Restated Subsequent Contract                (6)
                        Transfer Agreement, dated April 1, 2000
                        between DVI Receivable Corp XII and DVI
                        Receivables XII, L.L.C.

            4.17        Amended and Restated Limited Liability Company          (6)
                        Operating Agreement, dated April 1, 2000, by
                        and between Registrant and DVI Receivables
                        XII, L.L.C.

            4.18        Amended and Restated Indenture, dated December          (7)
                        1, 2000, between DVI Receivables XIV, L.L.C.
                        and U.S. Bank Trust National Association

            4.19        Amended and Restated Contribution and                   (7)
                        Servicing Agreement, dated December 1, 2000,
                        by and between DVI Financial Services, Inc.
                        and DVI Receivable Corp XIV.
</TABLE>


                                  5
<PAGE>
<TABLE>
<S>                     <C>                                               <C>
            4.20        Amended and Restated Subsequent Contract                (7)
                        Transfer Agreement, dated December 1, 2000
                        between DVI Receivable Corp XIV and DVI
                        Receivables XIV, L.L.C.

            4.21        Amended and Restated Limited Liability Company          (7)
                        Operating Agreement, dated December 1, 2000,
                        by and between Registrant and DVI Receivables
                        XIV, L.L.C.

            4.22        Amended and Restated Indenture, dated November          (8)
                        1, 2001, between DVI Receivables XVI, L.L.C.
                        and U.S. Bank Trust National Association

            4.23        Amended and Restated Contribution and                   (8)
                        Servicing Agreement, dated November 1, 2001,
                        by and between DVI Financial Services, Inc.
                        and DVI Receivable Corp XVI.

            4.24        Amended and Restated Subsequent Contract                (8)
                        Transfer Agreement, dated November 1, 2001
                        between DVI Receivable Corp XVI and DVI
                        Receivables XVI, L.L.C.

            4.25        Amended and Restated Limited Liability Company          (8)
                        Operating Agreement, dated November 1, 2001,
                        by and between Registrant and DVI Receivables
                        XVI, L.L.C.

            4.26        Amended and Restated Indenture, dated May 1,            (9)
                        2002, between DVI Receivables XVII, L.L.C. and
                        U.S. Bank N.A.

            4.27        Amended and Restated Contribution and                   (9)
                        Servicing Agreement, dated May 1, 2002, by and
                        between DVI Financial Services, Inc. and DVI
                        Receivable Corp XVII.

            4.28        Amended and Restated Subsequent Contract                (9)
                        Transfer Agreement, dated May 1, 2002 between
                        DVI Receivable Corp XVII and DVI Receivables
                        XVII, L.L.C.

            4.29        Amended and Restated Limited Liability Company          (9)
                        Operating Agreement, dated May 1, 2002, by and
                        between Registrant and DVI Receivables XVII,
                        L.L.C.

            19.1        Report furnished to security holders (Monthly
                        Reports - see (b) below)

            21.1        Subsidiaries of the Registrant                          21.1

            23.1        Consent of Independent Certified Public                 23.1
                        Accountants
</TABLE>


(1)   Previously filed as an exhibit to the Registrant's Current Report on Form
      8-K dated October 28, 1999

(2)   Previously filed as an exhibit to the Registrant's Registration Statement
      on Form S-3 (File No. 333-74901)

(3)   Previously filed as an exhibit to the Registrant's Current Report on Form
      8-K dated August 10, 1999

(4)   Previously filed as an exhibit to the Registrant's Current Report on Form
      8-K dated October 28, 1999


                                       6
<PAGE>
(5)   Previously filed as an exhibit to the Registrant's Current Report on Form
      8-K dated May 11, 2000

(6)   Previously filed as an exhibit to the Registrant's Current Report on Form
      8-K dated November 30, 2000

(7)   Previously filed as an exhibit to the Registrant's Current Report on Form
      8-K dated May 18, 2001

(8)   Previously filed as an exhibit to the Registrant's Current Report on Form
      8-K dated November 21, 2001

(9)   Previously filed as an exhibit to the Registrant's Current Report on Form
      8-K dated May 20, 2002

      (b)   Current Reports on Form 8-K

            Current Reports on Form 8-K were filed on:


            July 20, 2001                       April 17, 2002
            August 31, 2001                     May 21, 2002
            September 18, 2001                  June 18, 2002
            October 31, 2001                    July 16, 2002
            November 20, 2001                   August 16, 2002
            December 19, 2001                   September 13, 2002
            January 15, 2002
            February 15, 2002
            March 20, 2002


                                       7
<PAGE>
                                   SIGNATURES

      Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
behalf of DVI Receivables Corp. VIII by the undersigned thereunto duly
authorized.

                                                 DVI Receivables Corp. VIII


                                                 By: /s/Steven R. Garfinkel
                                                     ----------------------
                                                 Name:  Steven R. Garfinkel
                                                 Title: Executive Vice President
                                                        Chief Financial Officer

Dated:  September 26,2002


                                       1
<PAGE>
                                  EXHIBIT INDEX

<TABLE>
<CAPTION>
Exhibit No.                            Document
-----------                            --------
<S>                  <C>
   21.1              Subsidiaries of the Registrant

   23.1              Consent of Independent Certified Public Accountants
</TABLE>


                                       2