American Caresource Holdings, Inc. reported consolidated earnings results for the fourth quarter and year ended December 31, 2014. The company reported net revenue of $9.3 million for the fourth quarter of 2014, as compared with $6.2 million for the fourth quarter of 2013. The net loss for the fourth quarter ended December 31, 2014, was $2.5 million, as compared with a net loss of $267,000 for the fourth quarter of 2013.

For the year, the company's total net revenues were $27,052,000 compared to $26,751,000 a year ago. The Company was not engaged in the urgent and primary care business in 2013. Operating loss was $6,152,000 compared to $3,782,000 a year ago. Loss before income taxes was $6,693,000 compared to $3,760,000 a year ago. Net loss was $6,763,000 compared to $3,785,000 a year ago. The increase in the net loss for the quarter and full year is primarily attributable to costs related to acquisitions, relocation of corporate office, professional fees relating to the transition of the accounting function, marketing investments for the urgent and primary care business, and various other strategic initiatives such as the finalization of agreement with HealthSmart Preferred Care II, L.P., or HealthSmart, to manage ancillary network business. Basic and diluted net loss per share was $1.05 compared to $0.66 a year ago. Net cash used in operating activities was $4,034,000 compared to $4,188,000 a year ago. Additions to property and equipment was $776,000 compared to $315,000 a year ago.