American CareSource Holdings, Inc. (NASDAQ: ANCI) has added a prominent new client: INTEGRA Administrative Group, Inc., a national third-party administrator (TPA) based in Seaford, Delaware. American CareSource (ACS) offers a single-source cost-containment service focused on ancillary categories such as dialysis, laboratory, diagnostic imaging, infusion, durable medical equipment and home health.
Through the relationship with ACS, INTEGRA clients are expected to save an additional 7-9 percent on their ancillary healthcare spend, as well as gain access to ACS’ analytics functionality. ACS’ comprehensive network includes 4,900 ancillary service providers at more than 34,000 sites across the United States. As a result of the relationship between ACS and INTEGRA, ACS strengthens its position in the Mid-Atlantic region, where thousands of additional member lives will now have access to its network of ancillary service providers.
“We selected ACS because of its unique focus on ancillary categories and its proven savings results. Working with ACS moves us forward in our mission to control medical spend without increasing costs to our employer groups,” said D. Scott Smith, chief marketing officer for INTEGRA.
William J. Simpson, Jr., president and chief operating officer of ACS, added, “Our agreement with INTEGRA is a significant win for ACS. The company looks forward to bringing the value of our suite of ancillary provider solutions to INTEGRA’s clients.”About INTEGRA Administrative Group, Inc. INTEGRA Administrative Group has worked in the group health industry for over 30 years, managing the administrative needs of employers — both regionally as well as nationally. INTEGRA works with brokers and employers to create customized health benefits plans to meet their specific needs. INTEGRA then manages that benefit plan in the most effective and efficient manner. INTEGRA aggressively manages medical spend and is committed to providing world class service. For more information, visit www.integratpa.com. About American CareSource Holdings, Inc. American CareSource Holdings is the first national, publicly traded ancillary care network services company. The company offers a comprehensive national network of more than 4,900 ancillary service providers at more than 34,000 sites through its subsidiary, Ancillary Care Services. ACS provides ancillary healthcare services through its network that offers cost-effective alternatives to physician and hospital-based services. These providers offer services in 30 categories including laboratories, dialysis centers, free-standing diagnostic imaging centers, infusion centers, long-term acute care centers, home-health services and non-hospital surgery centers, as well as durable medical equipment. The company's ancillary network and management provide a complete outsourced solution for a wide variety of healthcare 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. ANCI-G Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed above are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements involve risks and uncertainties as set forth in the Company's filings with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from any forward-looking statements made herein.
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