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Share Name | Share Symbol | Market | Type |
---|---|---|---|
R1 RCM Inc | NASDAQ:RCM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.025 | 0.20% | 12.315 | 12.31 | 12.32 | 12.46 | 12.25 | 12.27 | 729,488 | 19:10:58 |
As one of the largest and most experienced providers of revenue cycle solutions, R1 has invested heavily in a service delivery model and technology platform that span the entire revenue cycle. Complementing its core end-to-end RCM offering, R1 will now offer new solutions to provide customers with additional flexibility and opportunities to take advantage of its capabilities.
“We have expanded our portfolio of modular solutions to help address some of the key pain points in revenue cycle management today,” said Joe Flanagan, President and Chief Executive Officer of R1. “Now, healthcare providers can leverage our solutions to transform their revenue cycle with a focus on areas that fit their specific business needs.”
R1’s modular solutions will take advantage of the organization’s extensive operating experience, proven methods, performance analytics, broad infrastructure and proprietary technology – all delivered as-a-service to healthcare providers. In addition to its existing PAS offering, the company is launching five modules focused around key RCM performance outcomes:
The company expects these new offerings to enable customers to achieve performance improvements in key areas while taking steps forward to advance their overall commercial infrastructure.
“We’re excited to offer customers more flexibility in how they can take advantage of our capabilities as part of their revenue cycle transformation,” said Jack Brock, Executive Vice President of Commercial Solutions. “With options ranging from modular offerings to a full operating partnership, we are committed to helping our customers achieve their objectives through a strong commercial infrastructure.”
Additional information on these new R1 solutions is available upon request and can be found on R1’s website at r1rcm.com.
About R1 RCM R1 serves as the one revenue cycle management partner for select hospitals and healthcare systems regardless of their payment models, patient engagement strategies, or settings of care. The Company uses a proven operating model based on the R1 Performance StackSM designed to fit seamlessly into any healthcare organization’s infrastructure and to enhance the patient experience, improve provider economics, and provide revenue predictability. To learn more, visit r1rcm.com.
Contact: R1 RCM Inc. Investor Relations: Atif Rahim 312.324.5476 investorrelations@r1rcm.com Media Relations: Deborah Lacy 650.814.7125 media@r1rcm.com
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