ATLANTA, Jan. 06, 2017 (GLOBE NEWSWIRE) -- American CareSource Holdings, Inc. (OTCQB:GNOW), an urgent and primary care company operating under the names GoNow Doctors and Medac, announced today that it has completed its previously reported sale of its ancillary service network business to HealthSmart Preferred Care II, L.P.

The Company also announced that it is exploring options to sell all or substantially all of its urgent care assets. Based on discussions to date, the Company believes it is highly unlikely that the net proceeds from the sale of its urgent care business would be sufficient to satisfy the Company’s secured indebtedness.