Details: Sarasota-based A/R Assist Inc. was a 2004 startup company assisting health care providers collect patients’ accounts receivable. It was run by Margaret Barney and Stephen Smith. In March 2005, Smith, the company’s board and all but one staffer left the company.
A few months later, Barney sued Dallas-based ACS Healthcare Solutions Inc., a management consulting service; Smith; and others for allegedly misappropriating Barney and A/R’s computer program called A/R Advantage, which allegedly contained proprietary formulas and rules to assess patients’ abilities to pay their hospital bills.
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