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R1 Rcm Inc   (RCM)
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Price: $13.5200 $-0.15 -1.097%
Day's High: $13.72 Week Perf: -3.7 %
Day's Low: $ 13.35 30 Day Perf: 23.02 %
Volume (M): 3,896 52 Wk High: $ 18.71
Volume (M$): $ 52,667 52 Wk Avg: $14.06
Open: $13.63 52 Wk Low: $8.87



 Market Capitalization (Millions $) 4,462
 Shares Outstanding (Millions) 330
 Employees 22,000
 Revenues (TTM) (Millions $) 2,254
 Net Income (TTM) (Millions $) 3
 Cash Flow (TTM) (Millions $) 64
 Capital Exp. (TTM) (Millions $) 103

R1 Rcm Inc
R1 RCM Inc. is a healthcare tech company that provides revenue cycle management (RCM) services to healthcare providers in the United States. Its headquarters is in Chicago, Illinois.

The company was founded in 2003 as Accretive Health Inc. by Mary Tolan, Michael Cline, and Brett Carlson. In 2011, it went public as Accretive Health, but it rebranded as R1 RCM in 201 Today, R1 RCM has over 21,000 employees working in over 300 hospitals and health systems in the US.

The company's primary service offering is revenue cycle management which covers everything from patient registration to billing and collections. The goal of this service is to optimize revenue cycles, increase claims processing efficiency, and reduce costs for healthcare providers. R1 RCM also offers value-based care solutions, medical coding services, and medical billing services to providers.

The company is a pioneer in the healthcare industry as it was one of the first to develop scalable, data-driven solutions that combine technology, human capital, and process optimizations to improve patient outcomes while lowering healthcare spending.

R1 RCM's technology solutions include proprietary revenue cycle management software, data analytics, and patient feedback tools. It leverages artificial intelligence to predict, identify, and solve revenue cycle management problems.

Overall, R1 RCM's mission is to create a sustainable future for the healthcare industry by offering innovative solutions and improving the quality of care delivered to patients. Through its performance-driven approach, the company aims to drive positive outcomes in both the patient experience and provider finances.


   Company Address: 433 W. Ascension Way Murray 84123 UT
   Company Phone Number: 324-7820   Stock Exchange / Ticker: NASDAQ RCM
   


   

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Product Service News

R1 RCM Takes Proactive Steps: Forming Special Committee to Explore Strategic Alternatives and Unlock Growth Potential

Published Mon, Mar 11 2024 12:01 PM UTC

R1 RCM Forms Special Committee to Evaluate Strategic AlternativesMURRAY, Utah, March 11, 2024 - R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven healthcare solutions, has recently made a significant move to ensure its future growth and success. In response to the Schedule 13D/A filed by New Mountain Capital, L.L.C., the company has formed a special committe...

R1 Rcm Inc

R1 RCM Inc Reports $575.1 Million in Revenue for October to December 2023 Fiscal Period



R1 RCM Inc, a leading provider of technology-driven solutions in the healthcare industry, has recently reported its financial performance for the October to December 2023 fiscal period. Despite showing some positive results, the company's performance lags behind its peers in the Internet Services & Social Media sector. Furthermore, concerns have been raised by a significant shareholder about the undervaluation of the company by New Mountain Capital, LLC, signaling potential uncertainties in the company's future prospects.
Financial Performance Analysis:
During the October to December 2023 fiscal period, R1 RCM Inc reported a net loss per share of $0.00, which remained unchanged from the previous quarter but improved from a loss of $0.09 per share compared to the same quarter a year before. The company's revenue showed modest growth of 7.939% to $575.10 million in the current quarter, compared to $532.80 million in the same quarter a year ago. However, the sequential revenue increase of only 0.402% reflects a slower growth rate.

Merger and Acquisition

Rowayton, Conn - Coliseum Capital Management, LLC, one of the largest shareholders of R1 RCM Inc, has recently issued an open letter to the Board of Directors expressing concerns about the undervaluation of the company by New Mountain Capital, LLC In the letter, Coliseum Capital states that it firmly believes the offer of cash consideration, amounting to $1375 per share, significantly undermines the true value of R1 RCM Inc The letter further emphasizes Coliseum Capital's support for the current Board of Directors, highlighting their confidence in their ability to maximize shareholder value

Published Mon, Feb 26 2024 8:54 PM UTC

Rowayton, Conn. - Coliseum Capital Management, LLC, one of the largest shareholders of R1 RCM Inc., has recently issued an open letter to the Board of Directors expressing concerns about the undervaluation of the company by New Mountain Capital, L.L.C. In the letter, Coliseum Capital states that it firmly believes the offer of cash consideration, amounting to $13.75 per shar...

Merger and Acquisition

R1 RCM Secures 10-Year Agreement with Providence and Expands its Business with Acclara Acquisition

Published Wed, Jan 17 2024 9:05 PM UTC

R1 RCM: Leading the Way in Revenue Cycle Management

Company Enters 10-Year Agreement to Provide Comprehensive Revenue Cycle Management Services to Providence


R1 RCM Inc stands at the forefront of the Internet Services & Social Media sector, providing innovative solutions in revenue cycle management. With its share price currently standing...

R1 Rcm Inc

R1 Rcm Inc Triumphs Over Industry Peers with a Stellar 45% Revenue Jump Boosted by $8.90M Income Tax Refund!

R1 Rcm Inc, a leading provider of healthcare revenue cycle management services, has reported its financial results for the second quarter of 2023. While the company recorded no gain per share, showing a significant decrease from $0.09 per share a year ago and the same as the previous quarter, its revenue experienced a notable jump.
Comparing to the corresponding quarter in the previous year, R1 Rcm Inc's revenue increased by 45.372%, reaching $560.70 million from $385.70 million. Sequentially, the revenue advanced by 2.768% from $545.60 million. These numbers indicate that R1 Rcm Inc has outperformed its industry competitors in terms of revenue growth. The Internet Services & Social Media industry as a whole reported an 8.11% rise in revenue for the same period.






 

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Earnings Outlook
R1 Rcm Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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