J. Michael Cline |
| Managing Partner |
| Accretive LLC |
|
New York, United States |
About J. Michael Cline
Entrepreneur J. Michael Cline serves as Co-Founder and Chair of the Board of Directors of Accretive Health, a provider of revenue cycle management for healthcare institutions across the country. J. Michael Cline’s guidance has contributed to Accretive Health becoming a leader in streamlined revenue cycle operations for physicians and hospital staff.
As of June 2009, J. Michael Cline’s Accretive Health had partnered with 53 hospitals nationwide, netting $11.9 billion in annual patient revenue for the corporations and nonprofits. Under J. Michael Cline’s leadership, Accretive Health has typically dealt with multi-hospital systems, academic medical centers, and physician practice groups by supplying each associate with specialty trained employees and managers. J. Michael Cline has played an instrumental role in Accretive Health’s proactive approach to establishing strong ties with leading healthcare providers, including Henry Ford Hospital and Dartmouth-Hitchcock Medical Center.
In 2004, J. Michael Cline helped acquire Accretive Health’s first customer, St. Louis-based Ascension Health, a nationwide Catholic health ministry. Since then, with J. Michael Cline at the helm, Accretive Health has shown remarkable growth, reporting revenues of $398.5 million in 2008 and $238.1 million in the first six months of 2009. As of September 2009, Accretive Health and J. Michael Cline were aiming for a $200 million IPO, with shares offered on the New York Stock Exchange. According to reports, Goldman Sachs & Co, Credit Suisse, J.P. Morgan, and Morgan Stanley were leading the IPO offerings of J. Michael Cline’s Accretive Health.
J. Michael Cline Links
