ACCE HEAL : Accretive Health, Inc. Earns a Spot on 2011 InformationWeek 500 List of Top Technology Innovators Across America
09/14/2011| 05:30pm US/Eastern
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Accretive Health, Inc.,(NYSE: AH), a leading provider of comprehensive
end-to-end healthcare revenue cycle management services and population
health management services infrastructure, today announced that it made
this year's InformationWeek 500, an annual listing of the nation's most
innovative users of business technology. The 2011 list was revealed last
night at an awards ceremony at the InformationWeek 500 Conference in
Dana Point, CA.
"We are honored to be chosen for the Information Week 500," CEO and
Founder Mary Tolan said. "This reflects our ongoing commitment to use
people, process, and technology to improve the state of healthcare
today."
The Accretive Health solution addresses the full spectrum of revenue
cycle operational issues faced by healthcare providers by deploying our
proprietary technology and management experience at each key point in
the revenue cycle. Accretive's proprietary AHtoAccess® software suite is
composed of a broad range of integrated functional areas. Accretive's
customers have historically achieved significant net revenue yield
improvements within 18 to 24 months of implementation, with customers
operating under mature managed service contracts typically realizing 400
to 600 basis points in yield improvements in the third or fourth
contract year.
"For 23 years, the InformationWeek 500 has chronicled and honored the
most innovative users of business technology," said InformationWeek
Editor In Chief Rob Preston. "In this day and age, however, being
innovative isn't enough. Companies and their IT organizations need to
innovate faster than ever before to stay a step or two ahead of their
customers, partners, and competitors. This year's ranking placed special
emphasis on those high-octane business technology innovators."
InformationWeek identifies and honors the nation's most innovative users
of information technology with its annual 500 listing and also tracks
the technology, strategies, investments and administrative practices of
America's best-known companies. The InformationWeek 500 rankings are
unique among corporate rankings as they spotlight the power of
innovation in information technology, rather than simply identifying the
biggest IT spenders.
About Accretive Health
Accretive Health is a leading provider of services to healthcare
providers. Our business purpose is to help U.S. hospitals, physicians
and other healthcare providers more efficiently manage their revenue
cycle operations and population-based health management initiatives. Our
distinctive operating model that includes people, processes and
sophisticated integrated technology, which we refer to as our solutions,
helps our customers realize sustainable improvements in their operating
margins and improve the satisfaction of their patients, physicians and
staff. Our customers typically are multi-hospital systems, including
faith-based or community healthcare systems, academic medical centers
and independent ambulatory clinics, and their affiliated physician
practice groups. Our revenue cycle solution spans our customers' entire
revenue cycle, unlike competing services that we believe address only a
portion of the revenue cycle or focus solely on cost reductions. Our
revenue cycle management customers have historically achieved
significant improvements in cash collections measured against the
contractual amount due for healthcare services, which we refer to as net
revenue yield. Our population health management infrastructure spans the
entire healthcare delivery continuum and enables providers to manage the
health of their patient populations delivering higher quality care while
reducing aggregate cost of care.
Accretive Health, Inc.
Casey Dowell, 312.255.7770
Communication
Specialist
cdowell@accretivehealth.com
© Business Wire 2011
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