R1 RCM Holdco Inc - Company Profile
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R1 RCM Holdco Inc (R1), formerly R1 RCM Inc, is a provider of technology-enabled revenue cycle management services to hospital and health systems solutions. It manages the revenue cycle operations of healthcare system which include various procedure such as bill preparation, medical treatment documentation and coding, patient registration, insurance and benefit verification, and collections from patients and payers. R1’s modular solution offers practice management, revenue integrity services, business office, patient experience, automation solution, and physician advisory services. The company offers its services to healthcare systems, physician practice groups and other healthcare organizations. R1 is headquartered in Murray, Utah, the US.
Headquarters
United States of America
Address
6th Floor, 434 W. Ascension Way, Murray, Utah, 84123
Website
www.r1rcm.com
Telephone
1 312 3247820
No of Employees
29,400
Industry
Technology and Communications
R1 RCM Holdco Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Modular | R1 Entri |
| Patient Experience | R37 |
| Revenue Integrity Services | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In November, the company sold Tonic Health to Luma Health. |
| 2025 | Contracts/Agreements | In October, the company signed an agreement to acquire Phare Health Ltd, a healthcare technology company. |
| 2025 | Contracts/Agreements | In October, the company partnered with Sierra to automate and enhance healthcare revenue cycle conversations using advanced AI. |
Competitor Comparison
| Key Parameters | R1 RCM Holdco Inc | Quest Diagnostics Inc | Change Healthcare Inc | Veradigm Inc | athenahealth Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Murray | Secaucus | Nashville | Chicago | Boston |
| State/Province | Utah | New Jersey | Tennessee | Illinois | Massachusetts |
| No. of Employees | 29,400 | 46,000 | 14,000 | 2,450 | - |
| Entity Type | Private | Public | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Anthony J. Speranzo | Chairman | Executive Board | 2022 | 75 |
| Joseph Flanagan | Director; Chief Executive Officer | Executive Board | 2016 | 52 |
| Chris Ricaurte | Chief Financial Officer; Chief Transformation Officer | Senior Management | 2024 | - |
| Steve Albert | Executive Vice President; Chief Product Officer | Senior Management | - | - |
| John Sparby | President | Senior Management | 2023 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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