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Stock impact report

R1 RCM Reports Third Quarter 2019 Results

R1 RCM Inc. (RCM) 
Last r1 rcm inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
CHICAGO, Nov. 05, 2019 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management services to healthcare providers, today announced results for the three months ended September 30, 2019. Third Quarter 2019 Results: Revenue of $301.2 million, up $50.8 million and 20.3% compared to the same period last year GAAP net income of $9.2 million, compared to net loss of $13.4 million in the same period last year Adjusted EBITDA of $48.9 million, up $28.5 million compared to the same period last year “We continue to see strong momentum across our business. I am pleased to announce that in the third quarter we signed a new operating partner agreement with a large physician organization with annual net patient revenue approaching $700 million,” said Joe Flanagan, President and Chief Executive Officer of R1. “From an operational standpoint, our third quarter results were once again driven by strong operational Show less Read more
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