R1 RCM (RCM) Misses Q2 EPS by 18c

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R1 RCM Reports Second Quarter 2022 Results

August 3, 2022 7:00 AM EDT

MURRAY, Utah, Aug. 03, 2022 (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 ended June 30, 2022.

Second Quarter 2022 Results:

Revenue of $391.9 million, up $38.5 million or 10.9% compared to the same period last year GAAP net loss of $20.4 million, compared to net income of $18.4 million in the same period last year. GAAP net loss of $20.4 million was primarily driven by $74.4 million of expenses... More