R1 RCM (RCM) Reports In-Line Q1 EPS, Revenues Beat; Suspends FY20 Guidance
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R1 RCM Reports First Quarter 2020 Results
May 5, 2020 7:00 AM EDTCHICAGO, May 05, 2020 (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 March 31, 2020.
First Quarter 2020 Results:
Revenue of $320.5 million, up $44.6 million and 16.2% compared to the same period last year GAAP net income of $18.2 million, compared to net income of $0.2 million in the same period last year Adjusted EBITDA of $61.6 million, up $28.2 million compared to the same period last yearI am grateful to all of our employees... More
