R1 RCM Statistics, Revenue Totals, Facts & News (2022)
Last Updated on: January 1st, 1970
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
- R1 RCM Website: Official Website
- Year R1 RCM was Founded: 2003
- R1 RCM Headquarters: Chicago
- R1 RCM Founder(s): Mary Tolan and Michael Cline
- Current R1 RCM 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
Additional 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
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Please note that some of these numbers are easier to find than others. A few of these R1 RCM statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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