Wednesday, December 13, 2017
 
 
News: Page (1) of 1 - 04/25/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Accretive shares plummet after critical AG report
Accretive Health shares plunge after critical report from Minn. AG on collection tactics
By The Associated Press

ST. PAUL, Minn. (AP) ' An Illinois medical debt collection company's stock is falling sharply after a critical report on its practices from the Minnesota attorney general.

Shares in Accretive Health Inc. plunged more than 40 percent on Wednesday, to below $11, after the company was accused of routinely pressuring patients to pre-pay for services at two Minnesota hospital systems.

Attorney General Lori Swanson released a six-volume report Tuesday that says Chicago-based Accretive did bedside debt collections and targeted vulnerable emergency room patients and expectant mothers.



The report also says Accretive debt collectors had access to private patient medical history.

A spokeswoman for Accretive, Rhonda Barnat, says the firm has "a great track record of helping hospitals enhance their quality of care."


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines