Accretive Health Appoints Andrew Appel as Senior Vice President, Revenue Operations

CHICAGO--(BUSINESS WIRE)-- 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 Andrew Appel has joined the company as Senior Vice President of Revenue Operations. In this role, he will be responsible for optimizing clients’ revenue cycle operations by reducing revenue cycle leakage and increasing revenue yield through Accretive Health’s proprietary technology, sophisticated processes and highly-skilled professionals. As a member of the senior management team, Appel reports to the company’s Founder and Chief Executive Officer Mary Tolan.

Andrew Appel (Photo: Business Wire)

Andrew Appel (Photo: Business Wire)

Appel joins Accretive Health from Aon Corporation, where he served most recently as Chief Operating Officer. In this role, Appel developed and implemented a successful revenue growth plan for the company. He also led the team responsible for the $5 billion acquisition of Hewitt, solidifying Aon’s leading position in human resource consulting and outsourcing. Prior to this, Appel was Chief Executive Officer of two of the firm’s three global divisions: Aon Consulting, a leading benefits and HR consulting firm and Aon Benfield, the world’s largest reinsurance broker. Under his leadership, the divisions achieved operational excellence and improved financial results. Prior to joining Aon, Appel was senior partner at McKinsey and Company where over a 15-year career, he advised leading global financial institutions on a wide array of operational, strategic and organizational issues.

“We are delighted that Andrew has joined our senior management team," said Mary Tolan, Founder and Chief Executive Officer of Accretive Health. “Having Andrew on board reflects our commitment to attract the highest level of talent to Accretive Health. Andrew’s proven track record of strategic and operational excellence will be an asset as we continue to help our customers achieve tangible value and serve their patients distinctively.”

Appel said, “I am proud to join a fast growing performance-oriented organization that has stayed true to its mission of value creation for its clients. I look forward to building on the company’s achievements and capitalize on what I believe are significant opportunities ahead.”

Appel holds a B.S. in economics from the University of California, Los Angeles and an M.B.A. from the University of Chicago, where he was the Henry Ford II scholar.

About Accretive Health

Accretive Health is a leading provider of services to healthcare providers, with a business purpose to help U.S. hospitals, physicians and other healthcare providers more efficiently manage population-based health management initiatives and their revenue cycle operations. Accretive’s distinctive operating model includes people, processes and sophisticated integrated technology to help clients realize sustainable improvements in operating margins and the satisfaction of patients, physicians, and staff. Clients typically are multi-hospital systems, including faith-based and community healthcare systems, academic medical centers, and their affiliated physician practice groups. Accretive’s population health management infrastructure spans the entire healthcare delivery continuum and enables provider to manage the health of patient populations to deliver higher quality care while reducing aggregate cost of care. For further information, please visit Accretive Health at http://www.accretivehealth.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6807986&lang=en



CONTACT:

Accretive Health, Inc
Gary Rubin, 312-324-7813
Senior Director of Finance
[email protected]

KEYWORDS:   United States  North America  Illinois

INDUSTRY KEYWORDS:   Technology  Other Technology  Practice Management  Health  Hospitals  Other Health  Professional Services  Other Professional Services  General Health  Managed Care

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Andrew Appel (Photo: Business Wire)

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