Accretive Health, under fire for its allegedly aggressive hospital bill collection practices, is postponing the release of its financial results while it evaluates a change in how it recognizes revenue from its revenue-cycle management agreements.
The healthcare information technology and debt collection firm had originally planned to report its fourth-quarter and full-year financial results Wednesday. It is also postponing the investor conference call scheduled for the same day as well as the filing of its annual report.
The change would affect whether revenue is recorded as contracts are signed or after bills are paid.
A spokesman for the company said the decision is “related to our year-end wrap-up” and “part of our normal routine.” He added that the re-evaluation was not prompted by any change in reporting requirements or in response to industry peers.