American CareSource Holdings Adds Independent Medical Systems to Client Portfolio

Client addition provides opportunity to lower healthcare costs for 100,000 Independent Medical Systems’ covered lives

• Press Release
• Source: American CareSource Holdings, Inc.
• On 9:53 am EDT, Tuesday September 8, 2009

DALLAS--(BUSINESS WIRE)--American CareSource Holdings, Inc. (Nasdaq: ANCI - News), the nation’s leading ancillary health care system, announced today that it has signed a new client service agreement with Independent Medical Systems (IMS), a Texas-based “best in class” preferred provider organization (PPO).

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Symbol	Price	Change
ANCI	1.99	-0.08

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“The addition of Independent Medical Systems to our client portfolio has provided us with an opportunity to improve the costs of ancillary care services to over 100,000 of IMS covered lives,” said David Boone, President and Chief Executive Officer of American CareSource.

“Independent Medical Systems’ concentration on quality of care, customer service and strong relationships with providers and payors, provide a compelling offering of high quality, Multi-Level Managed Care Services to the market place. This combined with our proven ability to reduce the costs of ancillary care, enhances both our commitment to provide the best quality healthcare at the lowest cost to the patient,” added Boone.

“The heart of what we provide and do at IMS is driven by a philosophy of customer service, which penetrates every aspect of our business,” said David Rendall, Chief Executive Officer of Independent Medical Systems. “With the addition of the 30,000 Ancillary Care Services provider sites our, PPO has grown to over 70,000 contracted providers including over 40,000 physicians and 500 hospitals. We are very excited to add Ancillary Care Services’ 31 service categories to our network.”

About American CareSource Holdings, Inc.

American CareSource Holdings, the first national, publicly traded ancillary care network services company, offers a comprehensive national network of over 4,000 ancillary service providers at more than 30,000 sites through its subsidiary, Ancillary Care Services. Ancillary Care Services provides ancillary health care services through its network that offers cost effective alternatives to physician and hospital-based services. This market is estimated at $574 billion and has grown to 30% of total national health expenditures. These providers offer services in 31 categories including laboratories, dialysis centers, free-standing diagnostic imaging centers, non-hospital surgery centers, as well as durable medical equipment such as orthotics and prosthetics and others.

The Company's ancillary network and management provides a complete outsourced solution for a wide variety of health care payors and plan sponsors including self-insured employers, indemnity insurers, PPOs, HMOs, third party administrators and both federal and local governments. For additional information, please visit www.anci-care.com.

About Independent Medical Systems

Founded in 1989, the IMS mission has always been to offer the highest quality, customer driven, and outcomes based Texas PPO Services possible. IMS, in combination with strategic partners such as American CareSource Holdings, creates integrated, flexible, quality solutions for health-plan management and claims-paying needs. Additionally, IMS uses the latest in Internet technologies to speed their claims processing efforts with EDI capabilities, real-time turnaround, HIPAA compliance, and a suite of standard and ad-hoc reporting. For additional information on IMS, please visit www.imsppo.com.

ANCI-G

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:

Any statements that are not historical facts contained in this release, including with respect to future engagements by clients, revenue growth, earnings, and guidance are forward-looking statements. It is possible that the assumptions made by American CareSource Holdings, Inc. for purposes of such statements may prove to be inaccurate or may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve further risks and uncertainties, including but not limited to those relating to demand for our services, pricing, market acceptance, our ability to integrate with our clients, our ability to attract and maintain providers, our ability to manage growth, the effect of economic, political and regulatory conditions, the effect of competition, risks in product development, the ability to complete transactions, and other risks identified in this release, and the Securities and Exchange Commission filings of American CareSource Holdings, Inc.

Company Contact:
American CareSource Holdings, Inc.
Angela Cloud, 972-308-6934
Marketing Manager
or
Investor Contact:
The Cockrell Group
Rich Cockrell, 404-942-3369
rich.cockrell@thecockrellgroup.com