SEC Filings

10-12G/A
AMSURG CORP filed this Form 10-12G/A on 11/03/1997
Entire Document
 
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                               TABLE OF CONTENTS
 
   

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AVAILABLE INFORMATION.......................................    1
SUMMARY.....................................................    2
SUMMARY HISTORICAL AND PRO FORMA FINANCIAL DATA OF AMSURG...    9
SUMMARY FINANCIAL DATA OF AHC...............................   11
RISK FACTORS................................................   12
  Prior Reliance on AHC.....................................   12
  Dependence on Growth Strategy; Capital Needed for
     Growth.................................................   12
  Ability to Manage Growth..................................   12
  Dependence on Relationships with Physician Partners; Risks
     of Conflicts of Interest, Disputes and Contingent
     Obligations............................................   13
  Contingent Repurchase Obligations.........................   13
  Risks Associated with Capitated Payment Arrangements......   13
  Dependence on Third-Party Reimbursement; Risk of Fee
     Reductions or Exclusion from Managed Care
     Arrangements...........................................   14
  Risks Associated with Medicare-Medicaid Illegal
     Remuneration ("anti-kickback") Laws....................   14
  Risks Associated with Physician Self-Referral Laws........   15
  Risks Related to Laws Governing Corporate Practice of
     Medicine...............................................   15
  Risk of Potential Applicability of Insurance
     Regulations............................................   15
  Risks of Compliance with Other Government Regulation......   16
  Risks Related to Intangible Assets........................   16
  Competition...............................................   16
  Risk Factors Regarding AHC after Distribution.............   16
  Effect of the Distribution on the AHC Common Stock........   17
  Certain Federal Income Tax Considerations.................   17
  Proposed Treasury Regulation Regarding Tax Deduction for
     Amortization of Goodwill...............................   18
  No Prior Market for AmSurg Common Stock...................   18
  Shares Eligible for Future Sale...........................   18
  Dilution and Impact of AmSurg Preferred Stock.............   19
  Certain Antitakeover Effects..............................   19
  Risks Associated With Forward-Looking Statements..........   19
THE DISTRIBUTION............................................   20
  Background and Reasons for the Distribution...............   20
  The Recapitalization and Exchange.........................   25
  The Distribution Agreement................................   26
  Conditions................................................   28
  Manner of Effecting the Distribution......................   28
  Listing of Class A Common Stock and Class B Common Stock;
     Restrictions on Resale.................................   29
  Interests of Certain Persons in the Distribution..........   29
  The Management Agreement..................................   29
  Adjustment of AHC Stock Options...........................   30
  Accounting Treatment......................................   30
  Certain Federal Income Tax Consequences...................   31
SELECTED HISTORICAL AND PRO FORMA FINANCIAL DATA OF
  AMSURG....................................................   34
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
  AND RESULTS OF OPERATIONS OF AMSURG.......................   36
  Overview..................................................   36
  Results of Operations.....................................   37
  Liquidity and Capital Resources...........................   40
  Recent Accounting Pronouncements..........................   41
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