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Healthcare software solutions provider Accretive Health files for an IPO

September 29, 2009
AH

Accretive Health, a provider of technology-based solutions to improve hospitals' operating margins, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The Chicago, IL-based company, which was founded in 2003 and booked $449 million in sales over the last 12 months, plans to list on the NYSE under the symbol AH. Goldman Sachs, Credit Suisse, J.P. Morgan and Morgan Stanley have been selected to underwrite this offering. Terms and timing have yet to be announced.