American Caresource Holdings, Inc. (GNOW) Files Form 4 Insider Buying : John Pappajohn Buys 5,383 Shares

American Caresource Holdings, Inc. (GNOW): John Pappajohn , director 10% owner of American Caresource Holdings, Inc. purchased 5,383 shares on Jun 20, 2016. The Insider buying transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.20 per share for a total value of $1,076.60 , the company said in a SEC Form 4 Filing.

American CareSource Holdings Inc. is engaged in two lines of business its urgent and primary care business and ancillary services provider network business (ancillary network business). The Company owns and operates healthcare centers offering a range of services for non-life-threatening medical conditions. The two lines of business are supported by the Company’s shared services function. The shared service function is primarily to manage and grow the urgent care and primary business however it also provide oversight of the ancillary network business managed by HealthSmart Preferred Care II L.P. (HealthSmart). The Company’s ancillary network business offers cost containment strategies to its clients primarily through the utilization of a national network of ancillary healthcare service providers. These services are marketed to a number of healthcare companies.

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