Accretive Health, Inc. : Accretive Health Initiates Panel of Health Care Policy Experts to Establish National Standards for Health Care Providers' Financial Interactions with Patients
05/15/2012| 03:35pm US/Eastern

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Other Health Care Stakeholders Invited to Participate
Accretive Health, Inc. (NYSE: AH) announced today that prominent health
care and policy leaders have agreed to convene to develop a process for
implementing national standards for how hospitals and other providers
interact with patients regarding their financial obligations.
This process will create first-of-kind national standards for
understanding expected charges, available resources, counseling, billing
and payment procedures regardless of the ability to pay. An independent
accreditation process will accompany the new standards, providing
patients with assurance that they will be treated compassionately and
fairly.
The group will identify and select an independent non-profit Standard
Development Organization (SDO) to conduct a collaborative process among
practitioners, patient advocates, and other interested parties. Once
concluded, the group will advance the identified standards to a national
accrediting organization.
Accretive Health initiated this process in order to provide clarity and
consistency among providers and, as a result, help ensure a more uniform
and transparent experience for patients as hospitals work to become more
financially stable and bring down the cost of care.
The following noted health care and policy leaders have agreed to serve
as independent conveners of the process:
CHAIRMAN
Michael O. Leavitt - Former Secretary of U.S. Department of
Health and Human Services, three-term governor of Utah and former
administrator of the Environmental Protection Agency. He is currently
the founder of Leavitt Partners, which specializes in the health care
field, and has led numerous large public and private collaborations.
ADVISORS
Tom Daschle - Former U.S. Senator from South Dakota, former U.S.
Senate Majority Leader, served three terms in the U.S. House of
Representatives and is a respected health care thought leader. He is
currently a Distinguished Senior Fellow at the Center for American
Progress and a member of the Health Policy and Management Executive
Council at the Harvard School of Public Health.
Bill Frist, M.D. - Former U.S. Senator from Tennessee, former
U.S. Senate Majority Leader, nationally recognized heart and lung
transplant surgeon and health care thought leader. He was the 2010
Distinguished Professor of Business and Medicine at Vanderbilt
University.
Jamie Gorelick, J.D. - Partner at the international law firm,
WilmerHale, formerly served as U.S. Deputy Attorney General, General
Counsel of the Department of Defense, Assistant to the Secretary of
Energy, and as a member of the 9-11 Commission. She currently serves as
co-chair of the American Bar Association Commission on Ethics.
Mark B. McClellan, M.D., Ph.D - Director, Engelberg Center for
Health Care Reform, Senior Fellow at the Brookings Institution, former
Administrator of the Center for Medicare and Medicaid Services (CMS) and
former Commissioner of the Food and Drug Administration (FDA). He is a
physician and economist.
Donna E. Shalala, Ph.D - President of the University of Miami and
former Secretary of the U.S. Department of Health and Human Services,
and accomplished scholar, teacher and administrator. She received the
Presidential Medal of Freedom, the nation's highest civilian award, in
2008.
Gov. Leavitt, who will lead the group, made the following statement
about the collaboration and the need for standards:
"Hospitals and doctors have a moral and legal obligation to treat
patients medically in emergency situations and to do it in a
compassionate and fair way. In doing so, medical providers face a
dilemma. In order to assure hospitals remain financially viable and
available to patients, they must assist these same patients in making
financial arrangements for payment. Hospitals desire to do that in a
sensitive and appropriate way, however, currently there are no clear
standards to help guide their efforts. This collaboration is an effort
to provide clear standards to help medical practitioners continuously
improve - while at the same time, providing patients with tools to help
them know which hospitals and doctors follow the national standards."
The selected SDO will convene relevant stakeholders from the health care
industry - including patient advocates, small and large health systems,
privacy experts, physicians, insurers, Medicaid advocates, state
Medicaid officials, trade organizations and others - to evaluate current
counseling, billing and payment practices. They will inventory existing
standards, collect information on industry best practices, solicit
public input, establish requirements for voluntary consensus standards
and select a national accrediting body to certify the standards.
Accretive Health and other interested organizations with responsibility
to assure respectful and compassionate treatment of patients will be
invited to participate. It is anticipated that the conveners will
organize in May and commence their work in June.
Because of the importance of this issue, Accretive Health, along with
participating health care organizations, will provide financial
resources for the creation of the group, which will act independently of
any institution or health care organization in creating national
standards for accreditation. Neither Accretive nor any of the health
care organizations that provide support or input will play any role at
all in the activities of the panel other than being interviewed by the
independent Standards Development Organization to collect data. The
participating organizations will have no insight into the panel's
conclusions until they are final and announced.
In a statement, Accretive Health CEO Mary Tolan invited others to join
in the standards-setting process and expressed the Company's intent to
earn full accreditation:
"We believe strongly the industry will benefit from a thoughtful,
independent, collaborative review and process, and we feel confident the
industry will welcome this as a solution to a difficult, but critical
challenge every patient and medical provider shares. We believe we have
been a positive part of the process to date in our work for leading
health care providers, helping thousands of formerly uninsured
individuals get coverage for care. We hope this group becomes the gold
standard for compassionate and fair patient interaction, reducing system
errors and anxiety among patients about their cost of care, and making
sure they are informed about coverage options regardless of their
ability to pay."
ABOUT ACCRETIVE HEALTH
Accretive Health partners with healthcare providers to help them more
effectively manage their revenue cycles, strengthen their financial
stability, and improve the quality of care they provide while reducing
overall healthcare costs. Our people, processes and sophisticated
integrated technology complement our clients' existing resources to
enhance results for patients, physicians and staff. For more information
visit www.accretivehealth.com.

Accretive Health:
Gary Rubin, 312-324-7813
or
Leavitt
Partners:
Natalie Gochnour, 801-509-1198
© Business Wire 2012
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