Holzer Holzer & Fistel, LLC Announces Investigation into Accretive Health, Inc.

ATLANTA--(BUSINESS WIRE)--Holzer Holzer & Fistel, LLC is investigating whether Accretive Health, Inc. (“Accretive” or the “Company”) (NYSE: AH) and/or certain of its officers complied with the federal securities laws when making statements to investors between May 9, 2012 and February 26, 2013. Specifically, the investigation focuses on a series of statements made during that time regarding Accretive’s business, operations and prospects. On February 26, 2013, Accretive announced that it would postpone the release of its financial results for the fourth quarter and full year 2012 because it was evaluating the timing of revenue recognition for its revenue cycle management agreements. Accretive explained that if changes in its revenue recognition are necessary, it may have to restate prior financial statements. The Company’s stock price fell dramatically on the news.