American CareSource Holdings, Inc. ANCI today announced the
multiyear extension of its agreement with HealthSmart Preferred Care II, LP
and other provider network entities owned by HealthSmart Holdings Inc.
(collectively, “HealthSmart”). HealthSmart, ACS's most significant client,
contributed 31 percent of the Company's revenue during the nine months ended
Sept. 30, 2012. ACS will continue to serve as the primary provider of
ancillary services for HealthSmart and its client base. Additionally, the
companies will work together on additional lines of business, including
secondary group health networks, workers compensation networks and auto
liability networks.
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