Here are a few of the most interesting R1 RCM statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
R1 RCM Facts
- Website: Official Website
- Year Founded: 2003
- Headquarters: Chicago, IL
- Founder(s): Mary Tolan and Michael Cline
- Current Chief Executive: Joseph Flanagan
What is R1 RCM?
R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience. (source)
R1 RCM Revenue Totals
R1 RCM annual revenue:
- 2019: $1.186 billion
- 2018: $868.5 million
- 2017: $449.8 million
- 2016: $592.6 million
- 2015: $117.2 million
R1 RCM annual net income:
- 2019: $12 million
- 2018: $45.3 million net loss
- 2017: $58.8 million net loss
- 2016: $177.1 million
- 2015: $84.3 million net loss
R1 RCM Statistics
Number of R1 RCM clients:
Last updated 3/22/20
Number of providers served by R1 RCM:
Last updated 3/22/20