Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MACOMBER SCOTT T
  2. Issuer Name and Ticker or Trading Symbol
NOVAMED INC [NOVA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President/CFO
(Last)
(First)
(Middle)
333 W. WACKER DR., SUITE 1010
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2010
(Street)

CHICAGO, IL 60606
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/21/2010   F   51 D (8) $ 11.07 43,261 (7) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 5.1               (1) 10/25/2011 Common Stock 83,333   0 D  
Stock Option (right to buy) $ 2.34               (2) 04/02/2012 Common Stock 30,000   0 D  
Stock Option (right to buy) $ 3.81               (3) 03/21/2013 Common Stock 15,000   0 D  
Stock Option (right to buy) $ 13.35               (4) 03/17/2014 Common Stock 18,333   0 D  
Stock Option (right to buy) $ 17.88               (5) 06/17/2015 Common Stock 21,666   0 D  
Stock Option (right to buy) $ 20.61               (6) 06/20/2016 Common Stock 8,333   0 D  
Stock Option (right to buy) $ 22.05               (9) 02/21/2017 Common Stock 8,333   0 D  
Stock Option (right to buy) $ 8.25               (10) 02/18/2019 Common Stock 24,242   0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MACOMBER SCOTT T
333 W. WACKER DR.
SUITE 1010
CHICAGO, IL 60606
      Executive Vice President/CFO  

Signatures

 /s/ Scott T. Macomber   11/23/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) As of 10/25/2005, these options have all fully vested.
(2) As of 4/2/2006, these options have all fully vested.
(3) As of 3/21/2008, these options have all fully vested.
(4) As of 3/17/2009, these options have all fully vested.
(5) As of 6/17/2009, these options have all fully vested.
(6) As of 6/20/2010, these options have all fully vested.
(7) Includes 21,384 restricted shares of common stock. This share total and the other share figures reported on this Form 4 have been adjusted to reflect the Issuer's one-for-three reverse stock split which was effective on June 1, 2010.
(8) Represents the disposition of shares to the Issuer to fund the Reporting Person's tax withholding obligations relating to the vesting on 11/21/2010 of 173 shares of a restricted stock award as permitted pursuant to the terms of the award.
(9) Subject to certain restrictions, 1,041 of these option vested on 8/21/07 with the remainder vesting approximately 173 per month starting 9/21/07.
(10) Subject to certain restrictions, 3,030 of these options vested on 8/18/09 with the remainder vesting approximately 505 per month starting on 9/18/09.

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