SOURCE: American CareSource

March 10, 2008 10:24 ET

American CareSource Holdings Appoints Rost A. Ginevich Chief Information Officer

DALLAS, TX--(Marketwire - March 10, 2008) - American CareSource Holdings, Inc. (AMEX: XSI) today announced that Rost A. Ginevich has joined the Company in the newly created position of Chief Information Officer (CIO). As such, Mr. Ginevich, 44, will be primarily responsible for the development and execution of the Company's information technology strategy and will report directly to Davis S. Boone, Chief Executive Officer.

Commenting on today's news, Mr. Boone stated, "We are pleased to welcome Rost to the American CareSource team. With the rapid expansion of our client base and the continued evolution of our ancillary care service product offerings, the time is right to bring in a CIO. With over 20 years' experience in information technology for both large and small firms, Rost's expertise will be invaluable as he helps us to manage our growth going forward."

Prior to joining American CareSource, Mr. Ginevich spent the bulk of his career in Dallas, Texas. Most recently, he served as a Director at West Monroe Partners, a full-service business and technology consultancy. In that capacity, he led business development and management consulting activities for the Dallas office.

Before that, Mr. Ginevich was Chief Information Officer for Kitty Hawk, where he served as information technology leader of this AMEX-listed cargo transportation company. Prior, he was at IBM Business Consulting Services, where he successfully managed business development and execution of large consulting engagements for clients in varied industries, including transportation and telecommunications.

Mr. Ginevich earned his MBA and BS degrees from Oklahoma State University. He is the author of numerous white papers and has been an occasional speaker on topics related to information technology.

About American CareSource Holdings, Inc.

American CareSource Holdings, the first national, publicly traded ancillary care network services company, offers a comprehensive national network of more than 25,000 ancillary provider sites. Through its product offerings, American CareSource helps its clients reduce the cost of ancillary services rendered through its network of providers in more than 30 service categories. The Company's ancillary network and management provides 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.

Any statements that are not historical facts contained in this release are forward-looking statements. It is possible that the assumptions made by American CareSource Holdings, Inc. for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve further risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, and intellectual property rights, and the outcome of competitive products, risks in product development, the results of financing effort, the ability to complete transactions, and other risks identified in this release, and the Securities and Exchange Commission filings of American CareSource Holdings, Inc.

Contact Information

  • Contact:
    David S. Boone
    Chief Executive Officer
    American CareSource Holdings, Inc.
    Tel: 972-308-6830