AmSurg (AMSG) Prelim. Q3 Results Outpace Expectations

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AmSurg Previews Preliminary Financial Results for the Third Quarter of 2015

October 20, 2015 7:01 AM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- AmSurg Corp. (AmSurg) (NASDAQ: AMSG) today announced preliminary financial results for the third quarter ended September 30, 2015.

Based on preliminary unaudited information, AmSurg expects revenues for the third quarter of 2015 to be approximately $650.2 million compared to $502.4 million for the third quarter of 2014. Net earnings from continuing operations attributable to AmSurg common shareholders is expected to be approximately $40.4 million compared to a net loss of $12.1 million for the comparable prior-year period. Adjusted net earnings for the third quarter of 2015 is expected to be approximately $53.0 million compared to $34.6 million for the... More

AmSurg Proposes Merger with TeamHealth to Create the Market Leader in Physician Services

October 20, 2015 7:00 AM EDT

Provides 36% Current Premium to TeamHealth Shareholders

Combination Creates Leading National Provider of Outsourced Physician Services with Expanded Growth Opportunities and Enhanced Free Cash Flow

Expected To be Immediately Accretive to Earnings Based on Synergies of $200-$290 Million

Enables Optimized Financing for AmSurg/TeamHealth and TeamHealth/IPC Transactions

NASHVILLE, Tenn.--(BUSINESS WIRE)-- AmSurg Corp. (Nasdaq: AMSG) today announced a proposal to combine with Team Health Holdings, Inc. (NYSE: TMH) in a... More