R1 RCM's revenue climbs to $342.6M in Q1

Katie Adams - Print  | 

R1 RCM, a revenue cycle management service provider for healthcare organizations, saw its revenue increase to $342.6 million in the first quarter of 2021, a 6.9 percent increase compared to the same period last year.

After factoring in expenses, fees and other costs, the company ended the first quarter of 2021 with a profit of $25.8 million, a 41.8 percent increase compared to the same period last year.

For full year 2021, the company expects revenue of $1.41 billion to $1.46 billion.

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