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 |
| 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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