R1 RCM

R1 RCM is a revenue cycle management partner based in Chicago, Illinois, established in 2003. The company offers technology-driven solutions designed to enhance the financial performance and patient experience for hospitals, healthcare systems, and physician groups. Through its comprehensive services, R1 RCM provides an end-to-end revenue cycle infrastructure, which includes personnel, technology solutions, and process workflows. The R1 Performance Stack, its proven operating model, integrates seamlessly into existing healthcare organizations, improving operational margins and cash flows while focusing on patient, physician, and staff satisfaction. The majority of the company's revenue is derived from operating fees, reflecting its commitment to delivering sustainable improvements in the revenue cycle for its clients.

Kyle Hicok

Executive Vice President and Executive

Anthony Speranzo

Chairman and Board Member

Jennifer Williams

CFO and Executive Vice President

6 past transactions

Acclara

Acquisition in 2023
Acclara Solutions, LLC is a revenue cycle management firm that specializes in providing services to hospitals, health systems, and physician practices. Founded in 1997 and headquartered in Houston, Texas, with an additional office in Oakland Park, Florida, Acclara focuses on patient financial responsibility, insurance reimbursement, and conversion assistance. The company's solutions are designed to help healthcare providers recover revenue more efficiently, minimize claims denials, and ultimately enhance patient satisfaction and loyalty. By prioritizing the patient experience and facilitating effective communication, Acclara enables healthcare organizations to reinvest recovered revenue into patient care and improve overall financial performance. Acclara Solutions operates as a subsidiary of Providence St. Joseph Health, having adopted its current name in April 2017.

Cloudmed

Acquisition in 2022
Cloudmed is a provider of revenue integrity and recovery services tailored for healthcare providers, focusing on ensuring accurate and timely reimbursement for their services. The company serves over 400 healthcare clients nationwide and has conducted more than 675 engagements to enhance revenue recovery. Cloudmed offers a comprehensive suite of services, including revenue cycle consulting, underpayment resolution, and outsourced management solutions. By helping healthcare systems identify and capture revenue opportunities, Cloudmed aims to prevent financial losses and promote continuous improvements in revenue management.

VisitPay

Acquisition in 2021
VisitPay LLC is a company that specializes in online patient revenue management solutions, designed to help patients manage their healthcare accounts independently. The platform provides a comprehensive financial engagement tool that consolidates billing information from various healthcare providers and health plans, allowing patients to easily view, verify, and pay their medical bills. By integrating with multiple billing systems, VisitPay enhances the collection of outstanding balances owed by patients, thereby improving revenue for hospitals and health systems. The company also offers a suite of self-pay solutions, including business intelligence, reporting tools, and consulting services aimed at optimizing self-pay management practices. Founded in 2010 and headquartered in Boise, Idaho, VisitPay has an additional office in Lehi, Utah.

Cerner - RevWorks

Acquisition in 2020
Cerner’s Revenue Cycle Management solutions and services help organizations use automation to streamline operations, reduce administrative functions, control the cost to collect, make sound business decisions and, ultimately, work to create healthier financial outcomes across acute and ambulatory venues.

SCI Solutions

Acquisition in 2020
SCI Solutions provides healthcare business process software to a national network of over 550 hospitals, diagnostic imaging centers, physician groups, and post-acute organizations. The company's cloud-based platform enhances healthcare systems through patent-protected, workflow-enabled solutions that streamline patient care across various service areas. With a processing capacity of more than 1.5 billion transactions annually, SCI's Order Facilitator and Schedule Maximizer are recognized as leading referral management and network scheduling platforms in the industry. These offerings have been ranked among the Best in KLAS by KLAS Research. SCI Solutions aims to improve the healthcare system by increasing outpatient volumes, coordinating patient transitions, and enhancing revenue compliance while reducing network leakage. Their platform optimizes patient access, intake, and engagement processes, enabling healthcare enterprises to provide a more consumer-friendly experience. By utilizing advanced rules and workflow engines, SCI Solutions helps healthcare providers proactively manage scheduling and resources, ultimately fostering better physician loyalty, patient satisfaction, and revenue growth.

Intermedix

Acquisition in 2018
Intermedix Corporation is a technology-enabled service provider focused on the healthcare industry. Founded in 1983 and based in Nashville, Tennessee, the company offers a range of solutions, including revenue cycle management, practice management, and performance awareness. Intermedix employs data analytics and cloud-based technology to support approximately 15,000 healthcare providers, helping them optimize their operations and improve patient care. The company also provides services for government agencies and corporations, including emergency management solutions and incident documentation. As of May 2018, Intermedix operates as a subsidiary of R1 RCM Inc., enhancing its capabilities in delivering comprehensive healthcare solutions.
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