-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GLWP3YdNHwlYQ1ilqxv3N6v+InMJ4G1EP+l9ffMGwDf82nh0j87ajErrLN0P6qG8
 Hw7MH4fHmDN9DoS5mRc9aQ==

<SEC-DOCUMENT>0001127602-10-015760.txt : 20100601
<SEC-HEADER>0001127602-10-015760.hdr.sgml : 20100531
<ACCEPTANCE-DATETIME>20100601120424
ACCESSION NUMBER:		0001127602-10-015760
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100527
FILED AS OF DATE:		20100601
DATE AS OF CHANGE:		20100601

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOLLAND EARL P
		CENTRAL INDEX KEY:			0001202991

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34583
		FILM NUMBER:		10868666

	MAIL ADDRESS:	
		STREET 1:		ONE RAVINIA DRIVE
		STREET 2:		STE 1500
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30346

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEAM HEALTH HOLDINGS INC.
		CENTRAL INDEX KEY:			0001082754
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-HELP SUPPLY SERVICES [7363]
		IRS NUMBER:				364276525
		STATE OF INCORPORATION:			DE

	BUSINESS ADDRESS:	
		STREET 1:		265 BROOKVIEW CENTRE WAY
		STREET 2:		SUITE 400
		CITY:			KNOXVILLE
		STATE:			TN
		ZIP:			37919
		BUSINESS PHONE:		865-693-1000

	MAIL ADDRESS:	
		STREET 1:		265 BROOKVIEW CENTRE WAY
		STREET 2:		SUITE 400
		CITY:			KNOXVILLE
		STATE:			TN
		ZIP:			37919

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEAM HEALTH HOLDINGS LLC
		DATE OF NAME CHANGE:	19990325
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-05-27</periodOfReport>

    <issuer>
        <issuerCik>0001082754</issuerCik>
        <issuerName>TEAM HEALTH HOLDINGS INC.</issuerName>
        <issuerTradingSymbol>TMH</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001202991</rptOwnerCik>
            <rptOwnerName>HOLLAND EARL P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>265 BROOKVIEW CENTRE WAY, SUITE 400</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>KNOXVILLE</rptOwnerCity>
            <rptOwnerState>TN</rptOwnerState>
            <rptOwnerZipCode>37919</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-05-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>7500</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>33309</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The restricted shares shall vest and become nonforfeitable with respect to thirty-three and one-third percent (33.333%) of the underlying shares on each of the first, second, and third anniversaries of the grant date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ John R. Stair, attorney-in-fact for Mr. Holland</signatureName>
        <signatureDate>2010-06-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----