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Accretive Health

Accretive Health (NYSE: AH)[1] is one of the United States' largest collectors of medical debt.[2] It also offers other finance-related services to the healthcare industry. The company is located in Chicago, Illinois.

Its customers include multi-hospital systems, academic medical centers and independent clinics, and the physician practice groups affiliated with those systems.

The company became known nationally for allegations of illegal collection practices by one of its divisions, for which they entered a $2.5 million settlement with the Minnesota state attorney general in July 2012.[2][3]

In April 2013, Richard Kimball Jr assumed the post of vice president and chief strategy officer of Accretive Health.[4]

In January 2014 it announced plans to lay off 140–170 employees in the Chicago area, approximately 10% of its workforce.[5]

References

  1. ^ "Accretive Health, Inc. (AH) -NYSE". Yahoo! India Finance. Retrieved 9 March 2013. 
  2. ^ a b Jessica Silver-Greenberg. "Medical Debt Collector to Settle Suit for $2.5 Million".  
  3. ^ Ameet Sachdev, Tribune reporter (2012-07-30). "Accretive settles Minnesota charges for $2.5M". Chicago Tribune. Retrieved 2013-01-06. 
  4. ^ Kristen Schorsch (2013-04-30). "Accretive to pay Tolan $700K a year". Chicago Business. Retrieved 2014-11-26. 
  5. ^ "Accretive Health to lay off up to 170". Chicago Tribune. January 24, 2014. Retrieved 13 February 2014. 

External links

  • Company website
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