Exhibit 11.1

                            SHERIDAN HEALTHCARE, INC.
                Computation of Earnings per Share of Common Stock
                    (in thousands, except per share amounts)



                                                                                           Nine Months Ended
                                                                                             September 30,
                                                                                      --------------------------
                                                                                          1997           1996
                                                                                      -----------    -----------
Primary Earnings Per Share:
- --------------------------
                                                                                                     
   Weighted average shares outstanding............................................          6,715          6,540
   Dilutive effect of outstanding stock options...................................            254            108
                                                                                      -----------    -----------
   Primary weighted average shares of common stock and
      common stock equivalents outstanding........................................          6,969          6,648
                                                                                      ===========    ===========

   Net income.....................................................................    $     3,754    $     2,696

   Net income per share - primary.................................................    $       .54    $       .41


Fully Diluted Earnings Per Share:
- --------------------------------
   Weighted average shares outstanding............................................          6,715          6,540
   Dilutive effect of outstanding stock options...................................            399            108
                                                                                      -----------    -----------
   Fully diluted weighted average shares of common stock and
      common stock equivalents outstanding........................................          7,114          6,648
                                                                                      ===========    ===========

   Net income.....................................................................    $     3,754    $     2,696

   Net income per share - fully diluted...........................................    $       .53    $       .41



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