AmSurg Corp. | nashvillepost.com

Earnings wrap: CHS, AmSurg top expectations

Hospital operator sticks to guidance despite admissions drop; surgery center company's board OKs new buyback

Apr 24, 2009 12:36 AM

AmSurg Live!

AmSurg Corp. will provide an online Web simulcast and rebroadcast of its 2009 first-quarter earnings release conference call.

Apr 3, 2009 11:21 AM

Senior analyst Chris Kallos says the surgery center company has been oversold amid the nervousness over Medicare payments and other health care reform talk. His new price target is $20, more than 20 percent above where the shares (Ticker: AMSG) closed this afternoon.

Mar 16, 2009 3:20 PM

Stifel upgrades AmSurg

Analyst Robert Hawkins has lifted his rating on the surgery center operator from 'hold' to 'buy.' Even after morning's six-percent jump, his $22 price target for the shares (Ticker: AMSG) leaves about 40 percent of upside.

Mar 11, 2009 9:12 AM

AmSurg inks coding, EHR software deal

The Nashville-based surgery center operator (Ticker: AMSG) has signed an agreement with a division of publishing and technology giant Wolters Kluwer to use its software for surgery coding and electronic health records.

Mar 10, 2009 10:55 AM

More blood in health care stocks

The Obama administration's health care initiatives and the slow economy continue to spook investors in hospitals, surgery centers and just about every other niche that matters to Nashville. Today's action has taken AmSurg, HealthSpring and Psych Solutions to new 52-week lows.

Mar 2, 2009 12:40 PM

Browsing AmSurg's 10-K

A few quick notes from the annual report filed Thursday by surgery center operator AmSurg: - The company has acquired three surgery centers (but announced none of them) for a total of $16.5 million. Company execs, who snapped up 40 centers in '07 and '08, have said in recent months that they see opportunities in a market with far fewer potential buyers. - The company's buyback program has spent $12.4 million of the $25 million allotted to it in September and offset the impact of all 2008 stock option exercises. The average price of the shares bought back (Ticker: AMSG) was $24, 60 percent above Thursday's close.

Feb 26, 2009 9:56 PM

Analyst action: Pinnacle, AmSurg, regional banks

Two local stocks that have outperformed the S&P over the past year will start the week backed by upgrades. Wunderlich Securities' Kevin Reynolds has raised his rating of Pinnacle Financial Partners (Ticker: PNFP) from 'hold' to 'buy.' Reynolds, who began covering Pinnacle early this month, has kept his price target at $26. In the same vein, AmSurg shares (Ticker: AMSG) have been raised to 'outperform' at both RBC Capital and Robert W. Baird. Bairdm which last month began covering the shares with a 'neutral' rating, has however lowered its price target from $27 to $24. Also getting an upgrade this morning are shares of Synovus Financial, the parent of The Bank of Nashville. Citigroup has raised its rating from 'hold' to 'buy,' although it did lower its price target on the stock (Ticker: SNV) to $5. Citigroup wasn't so kind to other regional bank stocks, though, lowering a group that includes Regions Financial (Ticker: RF) from 'buy' to 'hold.' Go to the Journal's site for more ratings changes.

Feb 23, 2009 7:41 AM

AmSurg meets profit expectations

Same-store growth flat for the quarter

Feb 19, 2009 3:41 PM

Raise for AmSurg CEO

The surgery center operator has renewed its top execs' job contracts. CEO Chris Holden's base salary is rising 7.5 percent this year to $537,500. CFO Claire Gulmi and EVP David Manning get an extra 4.5 percent. (Check the exhibits for the contracts.)

Feb 5, 2009 6:06 PM