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R1 RCM revenue
R1 RCM's revenue is $2.3 billion.
What is R1 RCM's revenue?
- R1 RCM's revenue growth from 2021 to 2023 is 52.87%.
- R1 RCM has 19,000 employees, and the revenue per employee ratio is $118,642.
- R1 RCM's peak quarterly revenue was $656.8M in 2024(q3).
- R1 RCM peak revenue was $2.3B in 2023.
- R1 RCM annual revenue for 2022 was 1.8B, 22.5% growth from 2021.
- R1 RCM annual revenue for 2023 was 2.3B, 24.79% growth from 2022.
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R1 RCM historical revenue
R1 RCM's peak revenue was $2.3B in 2023. The peak quarterly revenue was $656.8M in 2024(q3).
R1 RCM's revenue increased from $1.5b in 2021 to $2.3B currently. That's a 52.87% change in annual revenue.
R1 RCM annual revenue
R1 RCM annual revenue over time
| Fiscal year / year | R1 RCM revenue |
|---|---|
| 2021 | $1.5B |
| 2022 | $1.8B |
| 2023 | $2.3B |
R1 RCM quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
R1 RCM quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | - | $391.9M | $495.5M | $533.3M |
| 2023 | $545.6M | $560.7M | $572.8M | $575.1M |
| 2024 | $603.9M | $627.9M | $656.8M | - |
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R1 RCM financial information
| CEO | Joseph Gerard Flanagan |
| Industry | Health Care Equipment & Services |
| Company Type | Public |
| Employees Number | 19,000 |
| Date Founded | 2003 |
| Headquarters | Chicago, Illinois |
| Number of Locations | 11 |
| Revenue | $2.3B |
| Net Income | -$57,600,000 |
| Gross Proft | $484.5M (2023) |
| PE Ratio | 320.70 |
| Tax Rate | 0.8% |
| Market Capitalization | $1.1B |
| Total Assets | $5,121,800,000 |
| Ticker | RCM |
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R1 RCM financing
R1 RCM received early financing of $200.0M on 2015-12-08.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Equity | $200M | 12/2015 |
R1 RCM investors
| Investors | Security type |
|---|---|
| Ascension Health | Post Ipo Equity |
| Tower Brook Capital Partners | Post Ipo Equity |
R1 RCM competitors
R1 RCM's top competitor, TeamHealth, earned an annual revenue of $7.3B.
R1 RCM's smallest competitor is Medical Practice with revenue of $470.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Cardon Outreach CEO | $37,255 | $59.0M | 625 | - |
| Conifer Health Solutions | $37,764 | $930.0M | 10,001 | 2,268 |
| Eskenazi Health | $39,425 | $520.0M | 3,069 | 1 |
| MedData | $37,837 | $220.0M | 200 | - |
| Bolder Healthcare Solutions | $42,361 | $83.0M | 7,500 | - |
| Onsite Neonatal Partners | $47,067 | $6.6M | 86 | - |
| Medical Practice | $46,281 | $470,000 | 50 | 2 |
| Benevis | $56,782 | $56.0M | 500 | - |
| Clinical Specialties | $40,182 | $48.0M | 375 | - |
| DMGAZ | $89,684 | $69.0M | 750 | 15 |
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Zippia gives an in-depth look into the details of R1 RCM, including salaries, political affiliations, employee data, and more, in order to inform job seekers about R1 RCM. The employee data is based on information from people who have self-reported their past or current employments at R1 RCM. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by R1 RCM. The data presented on this page does not represent the view of R1 RCM and its employees or that of Zippia.
R1 RCM may also be known as or be related to R1 RCM Inc, R1 Rcm, R1 RCM, R1 RCM, Inc., Accretive Health, Inc. and R1 RCM Inc.