The ER’s Debt Collector: In January, Minnesota’s Attorney General Lori Swanson filed a complaint against debt collection company Accretive Health on allegations the company broke several federal and state laws, including accessing patient records in violation of privacy laws and embedding debt collectors in emergency rooms where patients were encouraged not to seek treatment until their outstanding medical bills were paid.
Since the story broke in the New York Times two weeks ago, Accretive’s stock has lost more than 40 percent of its value, triggering investigations and lawsuits by shareholders who say they weren’t informed of the complaint filed three months ago. [Photo: MTV Networks]
Investors Cheer As Customers Bleed: AT&T, Verizon and Apple are sick of subsidizing your iPhone. Currently, Apple sells the handsets to the telecom giants at $600 a pop, which are then subsidized down to $200 for a base model to $400 for one with more memory. That’s going to end — with upgrade fees and more-expensive data plans, customers will soon start shelling out more for their iDevice. While that has customers cringing, it has investors cheering, claiming wireless companies would benefit greatly from raising the price of the phone. [Photo: AP]
Atlantic Wire: The new iPhone will cost you even more
Flip Socialism: Even before the allegations of rape against former IMF boss Dominique Strauss-Kahn, Francois Hollande was moving himself in to become the next Socialist presidential candidate, according to one French commentator. “Some say that he knew, like actually many others in the part, that DSK was doomed: His colorful private life was always bound to prevent his running for president,” journalist Agnes Poirier said. [Photos: Reuters]
CNN: How Dominique Strauss-Kahn’s fall led to Hollande’s rise
![The ER’s Debt Collector: In January, Minnesota’s Attorney General Lori Swanson filed a complaint against debt collection company Accretive Health on allegations the company broke several federal and state laws, including accessing patient records in violation of privacy laws and embedding debt collectors in emergency rooms where patients were encouraged not to seek treatment until their outstanding medical bills were paid.
Since the story broke in the New York Times two weeks ago, Accretive’s stock has lost more than 40 percent of its value, triggering investigations and lawsuits by shareholders who say they weren’t informed of the complaint filed three months ago. [Photo: MTV Networks]
NYT: Debt collector is faulted for tough tactics in ERs](http://25.media.tumblr.com/tumblr_m3n4hzFglH1qz5ew6o1_r1_1280.png)
![Investors Cheer As Customers Bleed: AT&T, Verizon and Apple are sick of subsidizing your iPhone. Currently, Apple sells the handsets to the telecom giants at $600 a pop, which are then subsidized down to $200 for a base model to $400 for one with more memory. That’s going to end — with upgrade fees and more-expensive data plans, customers will soon start shelling out more for their iDevice. While that has customers cringing, it has investors cheering, claiming wireless companies would benefit greatly from raising the price of the phone. [Photo: AP]
Atlantic Wire: The new iPhone will cost you even more](http://24.media.tumblr.com/tumblr_m3nuurmsdk1qz5ew6o1_1280.jpg)