American CareSource Holdings, Inc is Selected as Exclusive Ancillary Provider Network by Alliance Healthcare.ROCHESTER, N.Y. -- American CareSource Holdings, Inc. Irving, TX a subsidiary of Patient Information Systems of Rochester, NY (PATY PATY Please and Thank You ) and Alliance Healthcare Nashville, Tennessee “Nashville” redirects here. For other uses, see Nashville (disambiguation). Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. is pleased to announce that Alliance Healthcare has selected American CareSource Holdings, Inc as their exclusive ancillary provider network for all of Alliance Healthcare's Commercial and Medicare HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, programs. The company stated that it is too early to estimate the financial value of this relationship to American Caresource, but believes that the selection by Alliance and the resulting patient referrals could prompt a significant expansion of its business. America's Care Choice HMO located in Florida will be the first of multiple HMO's opened in 2005 for Alliance Healthcare. Current business plans project an additional 2 to 4 HMO's operational before year's end. American Care Source is a Ancillary Care Network provider with over 17,000 provider sites in over 20 service categories. This release contains information that constitutes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual events may differ materially from those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with the company's financial condition, the continued use of the Company's services by its customers, the growth of its business and revenue base, its ability to sell its products, its ability to compete with competitors, the growth of the healthcare market as well as other factors that are discussed in the company's filed Annual Report on Form 10-KSB, as well as other documents filed with the Securities and Exchange Commission. |
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