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Accretive Health (AH) Files $200M IPO

September 29, 2009 3:02 PM EDT
AH Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

EPS Growth %: +50.0%
Accretive Health, Inc. (NYSE: AH) filed for an IPO on form S-1 with a proposed maximum aggregate offering price of $200 million. The company plans to list on the NYSE under the symbol "AH".

Underwriters of the offering include Goldman Sachs, Credit Suisse, JP Morgan and Morgan Stanley.

Accretive Health is a leading provider of healthcare revenue cycle management services. Our business purpose is to help U.S. hospitals, physicians and other healthcare providers manage their revenue cycle operations more efficiently. Our integrated, end-to-end technology and services offering, which we refer to as our solution, helps our customers realize sustainable improvements in their operating margins and improve the satisfaction of their patients, physicians and staff. We enable these improvements by helping our customers increase the portion of the maximum potential patient revenue they receive while reducing total revenue cycle costs.

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