R1 RCM, headquartered in Murray, Utah, provides revenue cycle management to over 3,700 hospitals and 30,000 physicians, employing 29,400 staff since its IPO on May 25, 2010. The company utilizes technology and AI to enhance healthcare revenue processes and patient experiences.
RCM has been in the news recently: According to a Sage Growth Partners' survey, 82% of healthcare executives intend to invest in AI for revenue cycle management within the next 1-3 years. Additionally, R1 RCM Inc. has been identified by BlackRock as a promising investment in the AI sector, especially as investors look for safer alternatives during the ongoing AI developments.
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