SEC Filings

10-12G
AMSURG CORP filed this Form 10-12G on 03/11/1997
Entire Document
 
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                               BUSINESS OF AMSURG
 
     AmSurg was formed in April 1992 for the purpose of developing, acquiring
and managing practice-based ambulatory surgery centers, in partnerships with
physician practice groups, throughout the United States. An AmSurg surgery
center is typically located adjacent to or in the immediate vicinity of the
specialty medical practice of a physician group partner's office. Each of the
surgery centers offers a narrow range of high volume, lower-risk surgical
procedures, generally in a single specialty, and has been designed with a cost
structure that enables AmSurg to charge fees which management believes are
generally less than those charged by hospitals and freestanding outpatient
surgery centers for similar services performed on an outpatient basis. As of
January 31, 1997, AmSurg owned a majority interest in 27 operating centers in
ten states and the District of Columbia, managed another center's operations and
owned a majority interest in two physician practice groups. As of January 31,
1997, AmSurg also had 21 centers under development and had executed letters of
intent to acquire or develop five additional centers. AmSurg is utilizing
selected surgery centers as a base to develop specialty physician networks that
are designed to serve large numbers of covered lives and thus strengthen
AmSurg's position in dealing with managed care organizations. As of January 31,
1997, AmSurg operated four specialty physician networks, located in the south
Florida market and in Knoxville, Tennessee and Montgomery, Alabama.
 
     The following map shows the approximate locations of AmSurg surgery
centers, physician practices and specialty physician networks operating or under
development as of January 31, 1997:
 
     The graphic is a map of the United States showing the number of operating
networks, centers, practices and centers under development by state.     
 
     AmSurg was organized as a Tennessee corporation in 1992. AmSurg's principal
executive offices are located at One Burton Hills Boulevard, Suite 350,
Nashville, Tennessee 37215, and its telephone number is 615-665-1283.
 
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