Exhibit 11

AmSurg Corp.
Earnings Per Share
For the Three and Six Months Ended June 30, 2006 and 2005

The following is a reconciliation of the numerator and denominators of basic and diluted earnings per share (in thousands, except per share amounts):

	Three Months Ended June 30,						Six Months Ended June 30,
					Per						Per
	Earnings		Shares		Share		Earnings		Shares		Share
	(Numerator)		(Denominator)		Amount		(Numerator)		(Denominator)		Amount
2006:
Net earnings from continuing operations per common share (basic)	$	10,104		29,794	$	0.34	$	18,829		29,744	$	0.63
Effect of dilutive securities options		—		678				—		601
Net earnings from continuing operations per common share (diluted)	$	10,104		30,472	$	0.33	$	18,829		30,345	$	0.62
Net earnings per common share (basic)	$	10,104		29,794	$	0.34	$	18,829		29,744	$	0.63
Effect of dilutive securities options		—		678				—		601
Net earnings per common share (diluted)	$	10,104		30,472	$	0.33	$	18,829		30,345	$	0.62
2005:
Net earnings from continuing operations per common share (basic)	$	10,045		29,537	$	0.34	$	18,796		29,494	$	0.64
Effect of dilutive securities options		—		628				—		600
Net earnings from continuing operations per common share (diluted)	$	10,045		30,165	$	0.33	$	18,796		30,094	$	0.62
Net earnings per common share (basic)	$	9,681		29,537	$	0.33	$	18,333		29,494	$	0.62
Effect of dilutive securities options		—		628				—		600
Net earnings per common share (diluted)	$	9,681		30,165	$	0.32	$	18,333		30,094	$	0.61