American Healthcorp, Inc. goes public.

Thomas Cigarran’s American Healthcorp goes public to raise $12 million. Within six months, the stock will double in price.

With time, AHC will become American Healthways, then just Healthways, one of the oldest and largest disease-management companies in the country. Later, it spins off AmSurg, one of the nation’s largest outpatient surgery center companies.