Salem Health Selects Accretive Health for End-to-End Revenue Cycle Improvement

  Salem Health Selects Accretive Health for End-to-End Revenue Cycle
  Improvement

Relationship is the First Revenue Cycle Client for Accretive in the State and
Expands the Company’s Pacific Northwest Strategy

Business Wire

SALEM, Ore. & CHICAGO -- March 12, 2013

Salem Health, in Oregon’s mid-Willamette Valley, and Accretive Health, Inc.
(NYSE: AH) today announced a multi-year strategic relationship to improve
revenue cycle operations at Salem Health. This relationship will enable Salem
Health to leverage Accretive Health’s distinctive operating model, including
its rigorous processes and proprietary technology, to improve revenue yield
and enhance patient satisfaction across Salem Health’s network of facilities.
By partnering with one of the largest of Oregon's 58 acute care hospitals, the
relationship also broadens Accretive Health’s strategy and reach in the
Pacific Northwest.

“At Salem Health, we are committed to being both good financial stewards and
providing a safe and excellent experience for every one of our patients,” said
Norm Gruber, Salem Health’s president and chief executive officer. “Partnering
with Accretive Health will assist with those commitments and help us fulfill
our mission to improve the health and well-being of the people and communities
we serve.”

The strategic relationship will encompass the entire span of the revenue
cycle, including the critical infrastructure necessary to provide effective
and efficient patient access, health information management and patient
financial services operations.

“Entering this relationship is the latest of our ongoing efforts to improve
revenue yield and provide cost savings that we can reinvest in our patient
care,” added Aaron Crane, Salem Health’s chief financial and strategy officer
and president-elect of the Oregon Chapter of HFMA. “Technology, best-practice
protocols, and lean-process improvements are vital elements in every step of
revenue cycle management, from determining patient insurance eligibility to
properly coding claims. We are confident that Accretive Health brings the
solutions that translate into results, based on their achievements with health
systems across the country.”

“Salem Health has a vision of providing its patient population with an
‘Exceptional Experience Every Time,’” said Mary Tolan, founder and chief
executive officer of Accretive Health. “We are proud to align our organization
with a health care network that is so deeply invested in patient satisfaction.
As we collaborate with Salem Health on improving revenue cycle operations, we
are also committed to supporting the Salem team in fulfilling its mission and
living its vision by providing our best people, innovative processes and
proprietary technology.”

About Salem Health

Salem Health is comprised of Salem Hospital, West Valley Hospital, Willamette
Health Partners and other affiliated health care organizations offering
exceptional care to people in and around Oregon’s mid-Willamette Valley. For
more information, visit www.salemhealth.org and facebook.com/salemhealth;
Twitter: @salemhealth; and youtube.com/salemhealth.

About Accretive Health

At Accretive Health, our mission is to help our healthcare clients strengthen
their financial stability and deliver better care at a more affordable cost to
the communities they serve (increasing healthcare access to all). For more
information, visit www.accretivehealth.com.

Contact:

Accretive Health, Inc.
Investor Relations:
Atif Rahim
Telephone: 312.324.5476
email:investorrelations@accretivehealth.com
or
Media:
Peter Cunningham
Telephone: 312.636.8619
email:mediarelations@accretivehealth.com
 
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