Accretive Health, the beleaguered revenue-cycle management firm, is seeking a new chief accounting officer following the resignation of Miles McHugh from the position.
A filing with the Securities and Exchange Commission did not provide further details about why McHugh is stepping down on May 31.
Sean Orr, CFO and treasurer, will take over McHugh's responsibilities until a replacement is found, the filing detailed.
Shares of Accretive have been trading on the over-the-counter market since March after being delisted from the New York Stock Exchange. The Chicago-based company has been restating financial results from as far back as 2011 and has failed to file financial reports for 2012 and 2013.
Its accounting challenges have topped off a host of other legal and operational woes.
The company also has faced churn at the top of the organization. Most recently, CEO Steve Schuckenbrock announced his retirement after just a year into the job. Schuckenbrock joined Accretive in April 2013 to replace company co-founder Mary Tolan in the top post. He will finish out his contract, which expires in October.
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