Cowen Downgrades Accretive Health (ACHI) to Neutral
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Accretive Health to Explore Strategic Alternatives
July 16, 2015 5:00 PM EDTCHICAGO--(BUSINESS WIRE)-- Accretive Health, Inc. (OTC Pink: ACHI) announced today that its Board of Directors has resolved to undertake a review of strategic alternatives to enhance stockholder value. While the review is ongoing, the Companys strengthened management team will continue to focus on a number of strategic and operational initiatives intended to drive the Companys long term growth and financial performance.
Ascension Health (Ascension), whose affiliated hospital systems represent approximately 50% of the Companys total gross cash generated from contracting activities for the year ended December 31, 2014, sent a letter... More
