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Share Name | Share Symbol | Market | Type |
---|---|---|---|
American CareSource Holdings Inc (CE) | USOTC:GNOW | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0001 | 0.00 | 00:00:00 |
The article in the Atlanta Business Chronicle, titled “Urgent-care chain GoNow Doctors plans big expansion,” outlines the Company’s plans to grow its chain of urgent-care centers through acquisitions and new center development. The Company closed a $7.5 million funding round on December 9, 2015 to fund an asset acquisition with Medac Health Services P.A., owner of four North Carolina urgent-care centers. In the article, Adam Winger, president and CEO, is quoted saying the Company intends to continue its expansion efforts in the South and Southeast and that the Company’s growth strategy is timely because the urgent care industry is one of the fastest-growing segments of the healthcare market. Upon the intended sale of its legacy business, the Company will be the only pure-play, publicly-traded urgent care company in the United States. The Atlanta Business Chronicle article is available at the following link (subscription required):http://www.bizjournals.com/atlanta/print-edition/2016/01/01/urgent-care-chain-gonow-doctors-plans-big.html
Separately, the Company’s role in expanding access to urgent care was reported in the Panama City News Herald. In the article, Mr. Winger says that GoNow Doctors, which has offices in both Panama City and Panama City Beach, is filling a need created largely by an increasing shortage of family care physicians. He states that GoNow Doctors can provide savings to patients over ER visits for non-emergencies.
The Panama City News Herald article is available at the following link:http://www.newsherald.com/article/20160125/NEWS/160129451
The articles at the links above are provided for informational purposes only. American CareSource Holdings, Inc. is not responsible for the content of the linked articles.
Forward-Looking Statements
This announcement contains "forward-looking statements". These statements are subject to significant risks and uncertainties, actual results could differ materially from those projected, and the Company cautions stockholders not to place undue reliance on the forward-looking statements contained in this press release. Risks and uncertainties exist related to the Company and its business due to a number of factors, including the statements under "Risk Factors" contained in the Company's reports filed with the SEC. Given these uncertainties, you should not place undue reliance on these forward-looking statements. The Company intends these forward-looking statements to speak only as of the date of this press release and undertakes no duty or obligation to update any forward-looking statements contained in this press release as a result of new information, future events or changes in the Company's expectations, except as required by law.
About American CareSource Holdings, Inc.
American CareSource Holdings, Inc. owns and manages a growing chain of fourteen urgent and primary care centers operating under the tradenames Medac and GoNow Doctors and an ancillary services network that provides ancillary healthcare services through its nationwide provider network. The Company’s stock trades on the Nasdaq Capital Markets under the ticker “GNOW.”
For more information, please contact: Adam Winger President and Chief Executive Officer (205) 250-8381 awinger@gonowdoctors.com Media: Laura Radocaj Dian Griesel Int’l. 212-825-3210
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