R1 RCM Inc

NASDAQ RCM

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R1 RCM Inc Return on Tangible Equity (ROTE) 5 year CAGR for the quarter ending March 31, 2024: 7.36%

R1 RCM Inc Return on Tangible Equity (ROTE) 5 year CAGR is 7.36% for the quarter ending March 31, 2024, a 108.95% change year over year. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. 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 Return on Tangible Equity (ROTE) for the quarter ending March 31, 2023 was -0.02%, a 99.67% change year over year.
  • R1 RCM Inc Return on Tangible Equity (ROTE) for the quarter ending March 31, 2022 was -6.58%, a 34.00% change year over year.
  • R1 RCM Inc Return on Tangible Equity (ROTE) for the quarter ending March 31, 2021 was -9.98%, a -109.95% change year over year.
  • R1 RCM Inc Return on Tangible Equity (ROTE) for the quarter ending March 31, 2020 was -4.75%, a -9,988.41% 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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