American Surgical Holdings (fka ASRG)

[MikeDDKing]

There was an 8-K out this morning. It sounds to me like ASRG got some new business.

Item 1.01 Entry into a Material Definitive Agreement

American Surgical Holdings, Inc. (the "Company") is reporting that two of its wholly owned subsidiaries, Pasadena SA Services and Sugar Land SA Services (collectively, the “Providers”), have each entered into Provider Network Agreements dated December 2, 2010 (the “Agreements”) with Three Rivers Provider Network, Inc. (“Three Rivers”). Pursuant to the Agreements, the Company has agreed to provide surgical assistants to certain insurance companies, third-party administrators, health plans and other clients of Three Rivers at agreed rates. The Agreements set forth the terms of billing and licensure requirements relating to the services to be provided. The Agreements are each for initial two-year terms and renew automatically for additional one-year terms. The Agreements may be terminated by either party without cause upon 90 days’ written notice and may be terminated immediately by Three Rivers should either Provider no longer maintain the required licenses or upon the occurrence of other events as stated in each of the Agreements.

Item 9.01 Financial Statements and Exhibits.

(d)

Exhibits.
10.1

Three Rivers Provider Network Agreement dated December 2, 2010 with Pasadena SA Services*
10.2

Three Rivers Provider Network Agreement dated December 2, 2010 with Sugar Land SA Services*

* Portions of these exhibits have been omitted pursuant to an application for an order for confidential treatment pursuant to Rule 24b-2 under the Exchange Act. Confidential portions of these exhibits have been filed separately with the Securities and Exchange Commission.