R1 RCM Overview

  • Founded
  • 2003
Founded
  • Status
  • Public
  • Employees
  • 22,000
Employees
  • Stock Symbol
  • RCM
Stock Symbol
  • Investments
  • 5
  • Share Price
  • $22.52
  • (As of Friday Closing)

R1 RCM General Information

Description

R1 RCM Inc helps U.S. hospitals, physicians and other healthcare providers to more efficiently manage their revenue cycle operations, which encompass patient registration, insurance, and benefits verification, medical treatment documentation and coding, bill preparation and collections. The company's core offering consists of comprehensive, integrated technology and revenue cycle management services. The majority of the revenue comes from the operating fees received.

Contact Information

Website
www.r1rcm.com
Formerly Known As
Accretive Health
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Practice Management (Healthcare)
Other Industries
Other Healthcare Services
Consulting Services (B2B)
Stock Exchange
NAS
Primary Office
  • 434 West Ascension Way
  • 6th Floor
  • Murray, UT 84123
  • United States
+1 (312) 000-0000
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R1 RCM Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$22.52 $21.04 $18.71 - $27.86 $6.3B 280M 1.36M $0.37

R1 RCM Financials Summary

In Thousands,
USD
TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 8,163,305 7,789,832 3,586,331 2,093,987
Revenue 1,517,700 1,474,600 1,270,800 1,186,100
EBITDA 230,600 223,200 204,400 94,600
Net Income 100,800 97,200 117,100 12,000
Total Assets 1,436,300 1,449,300 1,189,000 929,100
Total Debt 839,000 847,600 637,100 457,500
Public Fundamental Data provided by Morningstar, Inc. disclaimer

R1 RCM Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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R1 RCM Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
R1 RCM Inc helps U.S. hospitals, physicians and other healthcare providers to more efficiently manage their revenue cycl
Practice Management (Healthcare)
Murray, UT
22,000 As of 2021
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0000000000 00000000 (000)
Nashville, TN
00000 As of 0000

00000000

onsectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut en
00000000 0000000000 (0000000000)
Warren, NJ
000 As of 0000
000.00
000000000000
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R1 RCM Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Parallon Corporate Backed or Acquired Nashville, TN 00000
0000000000 0000000 Private Equity-Backed Warren, NJ 000 000.00 000000000000
00000000 Corporate Backed or Acquired Coralville, IA 0000 000000&0
0000000 0000000000 Corporation Atlanta, GA 0000 000
0000000 000000 000 Failed Transaction (M&A) Frisco, TX 0000 000000&0
You’re viewing 5 of 9 competitors. Get the full list »

R1 RCM Patents

R1 RCM Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-8682689-B1 Patient financial advocacy system Active 07-Oct-2010 000000000 0
US-8688480-B1 Automated accounts receivable management system with a self learning engine driven by current data Active 28-Apr-2009 000000000 0
US-20100257126-A1 Best possible payment expected for healthcare services Abandoned 26-Apr-2007 000000000 0
US-20100070301-A1 Best possible payment expected for healthcare services Abandoned 26-Apr-2007 000000000 0
US-20090326974-A1 Best possible payment expected for healthcare services Granted 26-Apr-2007 G06Q40/08 0
To view R1 RCM’s complete patent history, request access »

R1 RCM Executive Team (28)

Name Title Board Seat Contact Info
Joseph Flanagan Chief Executive Officer & Board Member
Rachel Wilson Chief Financial Officer, Finance & Executive Vice President
John Sparby Chief Operating Officer, Operations & Executive Vice President
David Mason Chief Strategy Officer
Jay Sreedharan Executive Vice President & Chief Technology & Digital Officer
You’re viewing 5 of 28 executive team members. Get the full list »

R1 RCM Board Members (25)

Name Representing Role Since
00000 0000000 R1 RCM Board Member 000 0000
0000 00000 Self Board Member 000 0000
0000000 00000000 Ascension Health Chairman & Board Member 000 0000
0000000 00000000 R1 RCM Board Member 000 0000
00000 0000 Self Board Member 000 0000
You’re viewing 5 of 25 board members. Get the full list »

R1 RCM Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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R1 RCM Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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R1 RCM Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 10-Jan-2022 0000000000 00.00 Practice Management (Healthcare) 000000 00
00000000 01-Jul-2021 0000000000 00000 Enterprise Systems (Healthcare) 000000 00
00000000 03-Aug-2020 0000000000 0000 Consulting Services (B2B) 0000 0000
000 000000000 01-Apr-2020 0000000000 00000 Enterprise Systems (Healthcare) 000000 00
Intermedix 26-Feb-2018 Merger/Acquisition 00000 Enterprise Systems (Healthcare) 000000 00
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R1 RCM Subsidiaries (2)

Company Name Industry Location Founded
VisitPay Enterprise Systems (Healthcare) Boise, ID 2010
000 000000000 Enterprise Systems (Healthcare) Seattle, WA
To view R1 RCM’s complete subsidiaries history, request access »