| Business Summary | | AmSurg
Corp.
was
formed
for
the
purpose
of
developing,
acquiring
and
operating
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
provides
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
the
Company
to
charge
fees
for
services
performed
on
an
outpatient
basis.
As
of
December
31,
2000,
the
Company
owned
a
majority
interest
in
81
surgery
centers
in
24
states
and
the
District
of
Columbia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AmSurg
Corp.
develops,
acquires
and
operates
practice-based
ambulatory
surgery
centers,
in
partnership
with
physician
practice
groups,
throughout
the
U.S.
For
the
six
months
ended
6/01,
revenues
rose
43%
to
$94.6
million.
Net
income
increased
51%
to
$6.4
million.
Revenues
reflect
additional
centers
in
operation
and
additional
procedure
volumes.
Earnings
also
reflect
improved
margins
due
to
a
greater
mix
of
ophthalmology
procedures,
which
carry
higher
rates. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Thomas Cigarran, 59 Chairman | -- | -- | Ken McDonald, 61 CEO,
Pres, Director | $417K | -- | Claire Gulmi, 47 CFO,
Sr. VP, Sec. | 244K | -- | David Manning, 51 Sr.
VP -Devel. and Assistant Sec. | 260K | $336K | Royce Harrell, 55 Sr.
VP of Corp. Services | 239K | 193K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|