NASDAQ:RCM - R1 RCM Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$10.04 -0.17 (-1.67 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$10.04
Today's Range$9.9250 - $10.27
52-Week Range$7.10 - $11.32
Volume693,152 shs
Average Volume946,761 shs
Market Capitalization$1.11 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.11
R1 RCM Inc. provides revenue cycle management (RCM) for healthcare providers in the United States. It offers end-to-end RCM services to manage their revenue cycle operations, which encompass patient registration, insurance and benefit verification, medical treatment documentation and coding, and bill preparation and collection from patients and payers. The company also provides modular services comprising physician advisory services, which assists hospitals in complying with payer requirements regarding whether to classify a hospital visit as an in-patient or an out-patient observation case for billing purposes; practice management services that offers administrative and operational support for patient care and outsource non-core functions; and revenue capture services, including charge capture, charge description master maintenance, and pricing services. It serves healthcare providers, including health systems and hospitals, physicians groups, and municipal and private emergency medical service providers, as well as intermountain homecare, hospice and palliative care, and durable medical equipment and infusion therapy business. The company was formerly known as Accretive Health, Inc. and changed its name to R1 RCM Inc. in January 2017. R1 RCM Inc. was founded in 2003 and is headquartered in Chicago, Illinois.

Receive RCM News and Ratings via Email

Sign-up to receive the latest news and ratings for RCM and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Management services
Sub-IndustryHealth Care Services
SectorFinance
Current SymbolNASDAQ:RCM
CUSIP00438V10
Phone312-324-7820

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$868.50 million
Cash Flow$0.2194 per share
Book Value$0.06 per share

Profitability

Net Income$-45,300,000.00

Miscellaneous

Employees18,600
Market Cap$1.11 billion
Next Earnings Date5/8/2019 (Estimated)
OptionableNot Optionable

R1 RCM (NASDAQ:RCM) Frequently Asked Questions

What is R1 RCM's stock symbol?

R1 RCM trades on the NASDAQ under the ticker symbol "RCM."

How were R1 RCM's earnings last quarter?

R1 RCM Inc (NASDAQ:RCM) released its quarterly earnings data on Friday, February, 22nd. The financial services provider reported ($0.02) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.02). The financial services provider had revenue of $262.90 million for the quarter, compared to analyst estimates of $264.48 million. R1 RCM had a negative net margin of 5.22% and a negative return on equity of 145.94%. R1 RCM's revenue for the quarter was up 87.4% compared to the same quarter last year. View R1 RCM's Earnings History.

When is R1 RCM's next earnings date?

R1 RCM is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for R1 RCM.

What guidance has R1 RCM issued on next quarter's earnings?

R1 RCM issued an update on its FY 2019 earnings guidance on Friday, February, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.15-1.25 billion, compared to the consensus revenue estimate of $1.19 billion.

What price target have analysts set for RCM?

4 Wall Street analysts have issued 12-month price targets for R1 RCM's stock. Their forecasts range from $10.00 to $20.00. On average, they expect R1 RCM's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 49.4% from the stock's current price. View Analyst Price Targets for R1 RCM.

What is the consensus analysts' recommendation for R1 RCM?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for R1 RCM in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for R1 RCM.

What are Wall Street analysts saying about R1 RCM stock?

Here are some recent quotes from research analysts about R1 RCM stock:
  • 1. Cantor Fitzgerald analysts commented, ". We reiterate our Overweight rating on RCM shares and maintain our 12-mo. PT of $13. We recently attended a comprehensive webinar hosted by R1 RCM, titled Intelligent Driving a New Level of Revenue Cycle Performance". During the session, we were provided a background on automation followed by a more detailed view into how R1 is using automation to drive performance for its provider clients. We continue to believe there is significant opportunity for automation to generate value for providers. R1 has an impressive digital offering, which we believe provides a competitive edge. We believe these efforts should drive solid top-line growth and margin expansion long term." (4/12/2019)
  • 2. According to Zacks Investment Research, "R1 RCM Inc. offers financial services for the health care industries. The Company provides revenue cycle management and physician advisory services, as well as transforms and manages the commercial infrastructure of health care organizations. R1 RCM Inc., formerly known as Accretive Health, Inc., is headquartered in Chicago, Illinois. " (3/2/2019)

Has R1 RCM been receiving favorable news coverage?

Media coverage about RCM stock has been trending positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. R1 RCM earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

Who are some of R1 RCM's key competitors?

What other stocks do shareholders of R1 RCM own?

Based on aggregate information from My MarketBeat watchlists, some companies that other R1 RCM investors own include Safeguard Scientifics (SFE), Skechers USA (SKX), SeaChange International (SEAC), Pure Storage (PSTG), Extreme Networks (EXTR), NVIDIA (NVDA), QuinStreet (QNST), Strongbridge Biopharma (SBBP), Uniti Group (UNIT) and Ford Motor (F).

Who are R1 RCM's key executives?

R1 RCM's management team includes the folowing people:
  • Mr. Joseph Gerard Flanagan, Pres, CEO & Director (Age 48)
  • Mr. Christopher Simon Ricaurte, CFO & Treasurer (Age 59)
  • Mr. Gary S. Long, Exec. VP & Chief Commercial Officer (Age 49)
  • Mr. Richard B. Evans Jr., Principal Accounting Officer, Sr. VP & Corp. Controller (Age 51)
  • Mr. Atif A. Rahim, Sr. VP of Investor Relations & Bus. Devel.

Who are R1 RCM's major shareholders?

R1 RCM's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include P.A.W. Capital Corp (0.36%) and Tibra Equities Europe Ltd (0.04%). Company insiders that own R1 RCM stock include Albert Rene Zimmerli and Charles J Ditkoff. View Institutional Ownership Trends for R1 RCM.

Which institutional investors are buying R1 RCM stock?

RCM stock was bought by a variety of institutional investors in the last quarter, including Tibra Equities Europe Ltd and P.A.W. Capital Corp. View Insider Buying and Selling for R1 RCM.

How do I buy shares of R1 RCM?

Shares of RCM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is R1 RCM's stock price today?

One share of RCM stock can currently be purchased for approximately $10.04.

How big of a company is R1 RCM?

R1 RCM has a market capitalization of $1.11 billion and generates $868.50 million in revenue each year. The financial services provider earns $-45,300,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. R1 RCM employs 18,600 workers across the globe.

What is R1 RCM's official website?

The official website for R1 RCM is http://www.r1rcm.com.

How can I contact R1 RCM?

R1 RCM's mailing address is 401 NORTH MICHIGAN AVENUE SUITE 2700, CHICAGO IL, 60611. The financial services provider can be reached via phone at 312-324-7820 or via email at [email protected]


MarketBeat Community Rating for R1 RCM (NASDAQ RCM)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  366
MarketBeat's community ratings are surveys of what our community members think about R1 RCM and other stocks. Vote "Outperform" if you believe RCM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RCM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel