McKes­son’s Rizk to head Ac­cre­tive

Modern Healthcare - - NEWS MAKERS -

Who: Dr. Emad Rizk, 51

New role: Pres­i­dent and CEO of Ac­cre­tive Health, a Chicago-based rev­enue-cy­cle and col­lec­tions com­pany, ef­fec­tive July 21. The firm has strug­gled with re­struc­tur­ing, ex­ec­u­tive turnover and an on­go­ing re­state­ment of its fi­nances, which prompted a delist­ing this year by the New York Stock Ex­change. He re­places Steve Schuck­en­brock, who has been CEO since April 2013.

Pre­vi­ous po­si­tion: Pres­i­dent of McKes­son Health­care So­lu­tions since 2003. The di­vi­sion in­cludes rev­enue cy­cle, health in­for­ma­tion tech­nol­ogy and ac­count­able care soft­ware and ser­vices, and the clin­i­cal de­ci­sion-sup­port ser­vice In­terQual.

On Ac­cre­tive’s strug­gles: Rizk de­clined to com­ment on Ac­cre­tive’s fi­nances be­fore he joins the com­pany. The firm is re­stat­ing its fi­nances as far back as 2011. “I have known Ac­cre­tive for years. I be­lieve the prod­uct works very well. I be­lieve the cus­tomers get sig­nif­i­cant value from the ser­vices.” Rizk said he be­lieves Ac­cre­tive will ben­e­fit from his “op­er­a­tional ex­pe­ri­ence and my past ex­pe­ri­ence of bring­ing strong con­trols to an or­ga­ni­za­tion.”

On his first or­der of busi­ness as CEO: “I prob­a­bly be­lieve there will be a good few weeks of lis­ten­ing and get­ting deeper into op­er­a­tions, un­der­stand­ing the op­er­a­tions, un­der­stand­ing the prod­uct of­fer­ings, get­ting to know the em­ploy­ees, and most im­por­tantly, vis­it­ing with our cus­tomers. We will have a cul­ture of cus­tomers first.”

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