Walter H. Ettinger Jr., M.D., Joins Accretive Health as Senior Vice President of Quality and Total Cost of Care

CHICAGO--(BUSINESS WIRE)-- Accretive Health, Inc. (NYSE: AH) announced today that Dr. Walter Ettinger Jr. has joined the company as Senior Vice President of Quality and Total Cost of Care. Accretive Health partners with health systems across the nation to help providers more efficiently manage their revenue cycle operations, improve their quality of care and reduce overall health care costs. In this new role, Dr. Ettinger will be a key leader in the company’s enhancement of physician engagement strategies, clinical quality capability, and future market development of Accretive Health’s Quality and Total Cost of Care offering.

Accretive Health’s Quality and Total Cost of Care offering helps provider organizations improve quality and deliver care more efficiently by providing a turnkey infrastructure solution that enables them to create an improved care experience for those patients most at risk.

Dr. Ettinger served as President of University of Massachusetts Memorial Medical Center for the past eight years, where he had operational oversight for its 781 bed tertiary care medical center with annual revenues of $1.3 billion. During his tenure, Dr. Ettinger assembled a team of leading professionals dedicated to advancing the quality and safety of care delivered at affordable costs to its patient population. Under his leadership, UMass Memorial received national recognition for clinical innovation and quality.

“Dr. Ettinger’s diverse experience managing complex patient populations and engaging physician leaders in both community and academic settings will allow him to play a key leadership role in the continued development of Accretive Health’s Quality and Total Cost of Care offering,” said Mary Tolan, Founder and Chief Executive Officer of Accretive Health. “We are privileged to have such a nationally renowned physician leader join our organization.”

“Accretive Health has built an infrastructure that combines people, processes and technology to tackle one of healthcare’s most pressing challenges -- delivering the highest quality care at lower costs. I am truly excited to join Accretive Health as we accelerate this transformative work underway in our industry and reach a broader spectrum of healthcare providers in this large market,” said Dr. Walter Ettinger.

Previously, Dr. Ettinger served as Vice President Medical Affairs and Medical Education at Lenox Hill Hospital and Manhattan Eye, Ear and Throat Hospital; Executive Vice President of Virtua Health in New Jersey; and Professor of Medicine and Director of the J. Paul Sticht Center on Aging at the Wake Forest University School of Medicine. Dr. Ettinger received his medical degree from the Johns Hopkins School of Medicine and completed fellowships in Rheumatology and Geriatric Medicine at Johns Hopkins and the National Institute on Aging. Dr. Ettinger received his MBA from the Babcock School of Management of Wake Forest University.

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. For more information, please visit www.accretivehealth.com.



CONTACT:

Accretive Health, Inc.
Francesca Luthi, 312-255-7794
SVP, Corporate Communications
[email protected]

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