R1 RCM

Revenue cycle management BPO for providers.

📍 Murray, UT

R1 RCM Inc. is an American leader in revenue cycle management (RCM), serving hospitals, health systems, and physician groups across the United States. Founded in 2003, the company has 20 years of experience in the field and helps providers achieve high levels of performance through smart orchestration and technology-enabled RCM services. R1 RCM maintains a significant presence, partnering with 95 of the top 100 U.S. health systems and over 1,000 providers. The organization utilizes its AI lab, R37, to transform healthcare financial performance, with expert engineers helping customers integrate and implement AI agents. In November 2024, TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R) completed their acquisition of R1, making it a private company. R1 RCM has been supported by investors including Khosla Ventures and CD&R LLP. The company also maintains strategic partnerships, such as with Premier, and has a dedicated team of technologists and revenue cycle experts. R1 RCM is currently involved in a lawsuit concerning patient data safeguards, which introduces regulatory and reputational risk. The company's history of acquisitions and its structure under major private equity firms suggests a strategic focus on consolidating the revenue cycle management market.