R1 RCM (RCM) Tops Q4 EPS by 20c, Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Below Consensus

Go back to R1 RCM (RCM) Tops Q4 EPS by 20c, Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Below Consensus

R1 RCM Reports Fourth Quarter and Full Year 2020 Results

February 18, 2021 7:00 AM EST

CHICAGO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- R1 RCM Inc (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced results for the three months and year ended December 31, 2020.

Fourth Quarter 2020 Results:

Revenue of $328.4 million, up $14.4 million and 4.6% compared to the same period last yearGAAP net income of $78.6 million, compared to GAAP net income of $7.8 million in the same period last yearAdjusted EBITDA of $62.7 million, up $17.6 million and 39.0% compared to the same period last year

Full Year 2020... More