David Arquette is said to be "doing fine" following a gnarly head-on collision just moments ago.
Police said the accident occurred just after 2 p.m. at the intersection of Doheny Drive and Elevado Avenue in Beverly Hills, where Arquette's car appeared to veer into oncoming traffic and slammed into a Jeep. Airbags deployed and both vehicles were totaled.
The 39-year-old actor managed to get out of his car and lay on the ground in obvious pain until emergency responders arrived. "He is fine and heading to the hospital for treatment," his rep tells E! News. The other driver, who was not identified, "suffered minor to moderate injuries," according to police.
Officers are currently investigating the accident.
Arquette may have been on his way to Burbank Airport to hop a flight to Vegas, where he was due to appear at the Sugar Factory Brasserie party at the Paris being hosted by Kim Kardashian. A rep for the venue tells E! News they're "unsure at this point" whether Arquette will be able to make it.
(Originally published March 4, 2011, at 2:36 p.m. PT)