R1 RCM Holdco Inc (OQ:RCM)

Business Focus: Healthcare Facilities & Services

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
See Regulatory Filings on SEC
Company Contact
Address: 434 W. Ascension Way,, 6Th Floor
MURRAY UT 84123
Tel: 1-312-3245476
Website: https://www.r1rcm.com
IR: See website
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Key People
Joseph Gerard Flanagan
President, Chief Executive Officer, Director
Joseph Gerard Flanagan
President, Chief Executive Officer, Director
Rachel Wilson
Chief Financial Officer, Executive Vice President, Treasurer
Rachel Wilson
Chief Financial Officer, Executive Vice President, Treasurer
John Sparby
Chief Operating Officer, Executive Vice President - Operations and Delivery
John Sparby
Chief Operating Officer, Executive Vice President - Operations and Delivery
Vijay Kotte
Executive Vice President - Strategy and Corporate Development, Chief Solutions Officer
Vijay Kotte
Executive Vice President - Strategy and Corporate Development, Chief Solutions Officer
Gary Steven Long
Executive Vice President, Chief Commercial Officer
Gary Steven Long
Executive Vice President, Chief Commercial Officer
Jay Sreedharan
Chief Technology and Digital Officer
Jay Sreedharan
Chief Technology and Digital Officer
Business Overview
R1 RCM Holdco Inc., formerly R1 RCM Inc., is a provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers. Its services help healthcare providers generate sustainable improvements in their operating margins and cash flows while also improving patient, physician, and staff satisfaction for its customers. Its primary service offering consists of RCM services for health systems, hospitals, and physician groups. It also offers modular services, allowing customers to engage for only specific components of its end-to-end RCM service offering, such as physician advisory services (PAS), practice management (PM), revenue integrity solutions (RIS), patient experience (PX), coding management, and business office services. Its PAS offering assists healthcare organizations in complying with payer requirements regarding whether to classify a hospital visit as an in-patient or an out-patient observation case for billing purposes.
Financial Overview
For the six months ended 30 June 2022, R1 RCM Holdco Inc revenues increased 12% to $777.6M. Net income applicable to common stockholders totaled $9M vs. loss of $548.1M. Revenues reflect Net operating fees segment increase of 13% to $322.8M, Other segment increase of 19% to $32.7M. Net Income reflects Selling, general, and administrative decrease of 42% to $22.8M (expense).
Employees: 10,200 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $12,291M as of Jun 30, 2022
Annual revenue (TTM): $1,556M as of Jun 30, 2022
EBITDA (TTM): $208.40M as of Jun 30, 2022
Net annual income (TTM): $62.00M as of Jun 30, 2022
Free cash flow (TTM): -$5.20M as of Jun 30, 2022
Net Debt Last Fiscal Year: $1,627M as of Jun 30, 2022
Shares outstanding: 416,071,269 as of Aug 1, 2022
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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