Key Developments For American Caresource Holdings, Inc.
American Caresource Holdings, Inc. (ANCI.O) (Consolidated Issue listed on NASDAQ Capital Market)
American Caresource Holdings, Inc. Sees FY 2009 Revenue Outlook At Low End Of Prior Range
American Caresource Holdings, Inc. announced that for fiscal 2009, it expects to generate revenues of approximately $70 million, which is at the lower-end of its anticipated range of $70 to $85 million. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $70 million for the same period.
American Caresource Holdings, Inc. Signs With AirCARE1 Signing
American Caresource Holdings, Inc. announced the expansion of its transportation services category with the signing of AirCARE1 International, a worldwide ambulance service specializing in the airborne intensive care transportation. Onboard, AirCARE1 International uses a customized patient care system that includes an exclusive double thick mattress, an integrated knee bracket for patient positioning, and an arch monitoring system that attaches directly to the stretcher so patients are continuously monitored every step of the way while the AirCARE1 medical team transports the patient bedside to bedside. The AirCARE1 team includes pilots, critical care nurses, paramedics, respiratory therapists as well as physicians. Additionally, AirCARE1 International provides noise-cancelling headsets with therapeutic music as well as touch therapy during flight. These comfort measures provide an additional level of care to our patients while providing peace of mind for them as well as their family members.
American Caresource Holdings, Inc. Signs New Client Service Agreement With Independent Medical Systems
American Caresource Holdings, Inc. announced that it has signed a new client service agreement with Independent Medical Systems (IMS), a Texas-based best in class preferred provider organization (PPO).
American Caresource Holdings, Inc. Appoints Mr. George As Non-Executive Chairman-Form 8-K
American Caresource Holdings, Inc. reported in its Form 8-K that on July 21, 2009, David A. George was appointed to the Board of the Registrant. Mr. George was also appointed to serve as Non-Executive Chairman of the Board of the Registrant.
American Caresource Holdings, Inc. Lowers FY 2009 Revenue Guidance
American Caresource Holdings, Inc. announced that it expects revenues for the fiscal 2009 to be in the range of $70-$85 million compared to $85-$95 million as had previously been reported. According to Reuters Estimates, analysts are expecting the Company to report revenue of $88 million for fiscal 2009. The Company cited that continued softness in consumer health care spending influenced by current economic conditions as the primary reason for such guidance.
