Time­line of Ac­cre­tive

Modern Healthcare - - NEWS -

2003

Novem­ber:

Founded by J. Michael Cline and Mary Tolan

2004

Oc­to­ber:

As­cen­sion Health be­comes found­ing cus­tomer

2007

De­cem­ber :

Fin­ished year with $241 mil­lion in rev­enue

2009

De­cem­ber:

Fin­ished year with $510 mil­lion in rev­enue

2010

May:

Goes pub­lic, shares open at $13.55

2011

July:

Em­ployee loses lap­top, com­pro­mis­ing data on 24,000 hospi­tal pa­tients

Au­gust:

Shares hit high of $30.80

2012

Jan­uary:

Min­nesota at­tor­ney gen­eral sues over ag­gres­sive col­lec­tions and pa­tient pri­vacy

May:

Shares fall to $8.46

July:

$2.5 mil­lion set­tle­ment with Min­nesota at­tor­ney gen­eral

2013

April:

Tolan steps down as CEO; Stephen Schuck­en­brock named suc­ces­sor

Septem­ber:

$14 mil­lion set­tle­ment with in­vestors

De­cem­ber:

Set­tle­ment with Federal Trade Com­mis­sion over in­ad­e­quate data se­cu­rity

2014

April:

Schuck­en­brock an­nounces he will leave CEO post

July:

Dr. Emad Rizk takes over as CEO

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