R1 RCM Inc

NASDAQ RCM

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R1 RCM Inc Interest Coverage Ratio 2 year CAGR for the quarter ending March 31, 2024: -73.91%

R1 RCM Inc Interest Coverage Ratio 2 year CAGR is -73.91% for the quarter ending March 31, 2024. The interest coverage ratio is a measure of a company's ability to meet its interest payment obligations on its outstanding debt. It is calculated by dividing the company's earnings before interest and taxes (EBIT) by its interest expense. This ratio indicates the extent to which a company's earnings can cover its interest expenses. A higher interest coverage ratio suggests that the company has a greater capacity to make interest payments, indicating lower financial risk. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • R1 RCM Inc Interest Coverage Ratio for the quarter ending March 31, 2023 was -1.05, a -108.57% change year over year.
  • R1 RCM Inc Interest Coverage Ratio for the quarter ending March 31, 2022 was 12.28, a 3.41% change year over year.
  • R1 RCM Inc Interest Coverage Ratio for the quarter ending March 31, 2021 was 11.87, a -0.41% change year over year.
  • R1 RCM Inc Interest Coverage Ratio for the quarter ending March 31, 2020 was 11.92, a 442.83% change year over year.
NASDAQ: RCM

R1 RCM Inc

CEO Mr. Joseph Gerard Flanagan
IPO Date May 20, 2010
Location United States
Headquarters 434 W. Ascension Way, Murray, UT, United States, 84123
Employees 29,400
Sector Healthcare
Industry Health information services
Description

R1 RCM Inc. provides technology-driven solutions for the financial performance and patient experience of health systems, hospitals, and physician groups. It provides operating partnership/end-to-end solutions, which manages multiple aspects of the revenue cycle to realize financial leverage and revenue improvement for hospital and physician customers. The company also offers modular solutions, including functional partnership, an outsourcing solutions for improvements across targeted revenue cycle areas for hospital and physician group customers; revenue recovery, to fast-track payer and patient cash collections; revenue optimization, a solution to uncover missed or underreported revenue; clinical integrity, used to improve documentation and coding accuracy to maximize earned revenue for the services provided; and regulatory navigation, a compliance-first solutions for government reimbursement accuracy, pharmacy savings, and compliance. The company was incorporated in 2003 and is headquartered in Murray, Utah.

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StockViz Staff

September 20, 2024

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