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                                                                    EXHIBIT 4.22



                             SECURED PROMISSORY NOTE

                                   (TERM NOTE)


$8,000,000.00                                                   October 30, 1998
                                                                   Dallas, Texas

                  FOR VALUE RECEIVED, each of the undersigned, jointly and
severally, (hereinafter collectively referred to as "Borrowers", and each
individually, a "Borrower"), hereby promises to pay to the order of FLEET
CAPITAL CORPORATION, a Rhode Island corporation (hereinafter "Lender"), or its
registered assigns at the office of Fleet Capital Corporation, as agent for such
Lender, or at such other place in the United States of America as the holder of
this Note may designate from time to time in writing, in lawful money of the
United States, in immediately available funds, at the time of payment, the
principal sum of EIGHT MILLION AND NO/100 DOLLARS ($8,000,000.00), together with
interest from and after the date hereof on the unpaid principal balance
outstanding from time to time.

                  This Secured Promissory Note (the "Note") is one of the Term
Notes referred to in, and is issued pursuant to, that certain Loan and Security
Agreement dated as of October 30, 1998, by and among Borrowers, the lenders
signatories thereto (including Lender) and Fleet Capital Corporation ("FCC") as
Agent for said lenders (FCC in such capacity, "Agent") (hereinafter, as amended
from time to time, the "Loan Agreement"), and is entitled to all of the benefits
and security of the Loan Agreement. All of the terms, covenants and conditions
of the Loan Agreement and the Security Documents are hereby made a part of this
Note and are deemed incorporated herein in full. All capitalized terms used
herein, unless otherwise specifically defined in this Note, shall have the
meanings ascribed to them in the Loan Agreement.

                  For so long as no Event of Default shall have occurred and be
continuing the principal amount and accrued interest of this Note shall be due
and payable on the dates and in the manner hereinafter set forth:

                  (a) Interest on the unpaid principal balance outstanding from
         time to time shall be paid at such interest rates and at such times as
         are specified in the Loan Agreement;

                  (b) Principal shall be due and payable monthly on the first
         day of each month during the periods set forth below in the amounts set
         forth opposite such periods:

                           Date                     Scheduled Installment
                           ----                     ---------------------

                  May 1, 1999 through
                  October 31, 1999                      $  83,333.00



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                  November 1, 1999 through
                  October 31, 2000                              $ 83,833.00

                  November 1, 2000 through
                  October 31, 2001                              $104,666.00

                  November 1, 2001 through
                  October 31, 2002                              $145,833.00

                  November 1, 2002 through
                  October 30, 2003                              $208,333.00

                  (c) The entire remaining principal amount then outstanding,
         together with any and all other amounts due hereunder, shall be due and
         payable on the Commitment Termination Date.

Notwithstanding the foregoing, the entire unpaid principal balance and accrued
interest on this Note shall be due and payable immediately upon any termination
of the Loan Agreement pursuant to Section 4 thereof.

                  This Note shall be subject to mandatory prepayment in
accordance with the provision of Section 3.3 of the Loan Agreement. Borrowers
may also prepay this Note in the manner provided in Section 4 of the Loan
Agreement.

                  Upon the occurrence, and during the continuation, of an Event
of Default, this Note shall or may, as provided in the Loan Agreement, become or
be declared immediately due and payable.

                  The right to receive principal of, and stated interest on,
this Note may only be transferred in accordance with the provisions of the Loan
Agreement.

                  Demand, presentment, protest and notice of nonpayment and
protest are hereby waived by each Borrower.

                  This Note shall be governed by, and construed and enforced in
accordance with, the laws of the State of Texas.

RAMSAY HEALTH CARE, INC.
RAMSAY YOUTH SERVICES, INC.
BETHANY PSYCHIATRIC HOSPITAL, INC.
BOUNTIFUL PSYCHIATRIC HOSPITAL, INC.
EAST CAROLINA PSYCHIATRIC SERVICES CORPORATION
GREAT PLAINS HOSPITAL, INC.

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GULF COAST TREATMENT CENTER, INC.
HAVENWYCK HOSPITAL, INC.
H. C. CORPORATION
HSA HILL CREST CORPORATION
HSA OF OKLAHOMA, INC.
MICHIGAN PSYCHIATRIC SERVICES, INC.
RAMSAY EDUCATIONAL SERVICES, INC.
RAMSAY LOUISIANA, INC.
RAMSAY MANAGED CARE, INC.
RAMSAY YOUTH SERVICES OF ALABAMA, INC.
RAMSAY YOUTH SERVICES OF FLORIDA, INC.
RAMSAY YOUTH SERVICES OF SOUTH CAROLINA, INC.
RHCI SAN ANTONIO, INC.
TRANSITIONAL CARE VENTURES, INC.
TRANSITIONAL CARE VENTURES (TEXAS), INC.

By:
   --------------------------------
Name: Jorge Rico
Its:  Vice President

H. C. PARTNERSHIP
By:  H.C. CORPORATION, General Partner
By:  HSA HILL CREST CORPORATION, General Partner

By:
   --------------------------------
Name:     Jorge Rico
Its:      Vice President