R1 RCM Inc. (R1 RCM), formerly known as Accretive Health, is an American healthcare revenue cycle management company that provides end-to-end, modular revenue cycle and physician advisory services to healthcare providers.
Established in 2003, R1 RCM is headquartered in Chicago, Illinois, and is a leader in this specialized field. The company's mission is to be the one trusted partner to manage revenue through its long-standing culture of solving complex problems.
R1 RCM Inc.'s services encompass patient registration, insurance and benefits verification, medical treatment documentation, and bill preparation along with collections operations. The intent is to help healthcare providers maintain a healthier revenue cycle and secure patients' financial clearance.
Moreover, R1 RCM also offers advanced technology capabilities featuring a robust analytics suite. It uses analytics to improve operational efficiency, drive accountability, and provide visibility into the total cost of care. This, in turn, ensures that healthcare providers can focus their time and energy on their primary mission, providing quality patient care.
In the rapidly changing environment of healthcare and financial legislation in the United States, R1 RCM has proven to be a dynamic and adaptive company. It has helped many healthcare providers navigate the labyrinth of regulations and requirements, helping them remain viable and profitable.
It's worth noting that R1 RCM has a diverse client base. Its clients include large, nationally recognized health systems, academic medical centers, independent physician groups, and other types of healthcare providers. This wide and varied client base is a testament to the flexible, effective solutions the company brings to the table.
R1 RCM is publicly listed on the NASDAQ exchange under the ticker symbol "RCM". The company has consistently demonstrated among the best performances in the healthcare technology and outsourcing sectors.
In conclusion, R1 RCM Inc. has been a proven industry partner focusing on the financial health of healthcare providers. It provides an integrated solution to operationalize key aspects of the healthcare revenue cycle, thereby helping providers maintain financial viability while delivering quality care to patients.