Things didn’t look great for Accretive back in January after they were sued by Minnesota for failure to protect patient confidentiality. But today they look even worse. Alexandra Tempus of AP reports that Accretive’s stock dropped 40% today after the AG released a 6-volume report on them.
Search Results for: Accretive
Attorney General Swanson Sues Accretive Health for Patient Privacy Violations
Minnesota Attorney General Lori Swanson filed a lawsuit yesterday against Accretive Health, Inc., a debt collection agency that is part of a New York private equity fund conglomerate, for failing to protect the confidentiality of patient health care records and not disclosing to patients its extensive involvement in their health care through its role in…
MN: Fairview Health Services and North Memorial Hospital inform patients of breach due to Accretive Health's security #FAIL
Lorna Benson reports: Fairview and North Memorial Hospitals are notifying more than 16,000 patients that a laptop containing their personal and medical information was stolen. The laptop belonged to a healthcare services firm that coordinates services for Fairview. The theft occurred on July 25 in the parking lot of a Minneapolis restaurant. The computer contained…
Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack
Brian Krebs reports: R1 RCM Inc. [NASDAQ:RCM], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack. Formerly known as Accretive Health Inc., Chicago-based R1 RCM brought in revenues of $1.18 billion in 2019. The company has more than 19,000 employees and contracts with at least 750 healthcare organizations nationwide. Read…
North Memorial Hospital settles HHS charges for $1.55M
First: refresh your memory of a 2011 breach involving Accretive Health, a business associate of North Memorial Hospital. Then read HHS’s press release how that breach just cost North Memorial Hospital $1.55 million, and why: $1.55 million settlement underscores the importance of executing HIPAA business associate agreements North Memorial Health Care of Minnesota has agreed to pay…
Court Dismisses Minnesota AG's HIPAA Enforcement Action Against Business Associate Following Settlement
Rachel Grunberger and Dena Feldman write: Earlier this month, the federal district court in Minnesota dismissed a lawsuit brought earlier this year by the Minnesota Attorney General (AG) against Accretive Health, Inc., a business associate of hospitals, after the parties reached a settlement. In the lawsuit, which we previously discussed here, the Minnesota AG alleged that the company…