Tuesday, May 08, 2012 12:37:12 AM
AH [NYSE] Accretive Health Inc
Services | Management Services | USA
Besieged by a "lost laptop" that has swirled out of control into a civil suit citing patient rights violations; reported revenue losse from contract restructuring; the subsequent release of a scalding report by the Minnesota AG citing over-aggressive collection practices; and finally contract termination (plus the usual post-event shareholder Class Action lawsuit), Accretive Health is trading at its all time lowest level.
Appears to be poised for short-term settling and interim recovery. Considered a high growth stock whose current Fwd PE is at an attractive multiple.
Reports BMO 5/9.
Services | Management Services | USA
Besieged by a "lost laptop" that has swirled out of control into a civil suit citing patient rights violations; reported revenue losse from contract restructuring; the subsequent release of a scalding report by the Minnesota AG citing over-aggressive collection practices; and finally contract termination (plus the usual post-event shareholder Class Action lawsuit), Accretive Health is trading at its all time lowest level.
Appears to be poised for short-term settling and interim recovery. Considered a high growth stock whose current Fwd PE is at an attractive multiple.
Reports BMO 5/9.
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