Exhibit 11

AmSurg Corp.
Earnings Per Share
For the Three and Nine Months Ended September 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 September 30,						Nine Months Ended September 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)	$	9,398		29,875	$	0.31	$	28,155		29,787	$	0.95
Effect of dilutive securities options		—		548				—		584
Net earnings from continuing operations per common share (diluted)	$	9,398		30,423	$	0.31	$	28,155		30,371	$	0.93
Net earnings per common share (basic)	$	9,362		29,875	$	0.31	$	28,191		29,787	$	0.95
Effect of dilutive securities options		—		548				—		584
Net earnings per common share (diluted)	$	9,362		30,423	$	0.31	$	28,191		30,371	$	0.93
2005:
Net earnings from continuing operations per common share (basic)	$	9,150		29,625	$	0.31	$	27,888		29,538	$	0.94
Effect of dilutive securities options		—		662				—		621
Net earnings from continuing operations per common share (diluted)	$	9,150		30,287	$	0.30	$	27,888		30,159	$	0.92
Net earnings per common share (basic)	$	8,361		29,625	$	0.28	$	26,694		29,538	$	0.90
Effect of dilutive securities options		—		662				—		621
Net earnings per common share (diluted)	$	8,361		30,287	$	0.28	$	26,694		30,159	$	0.89