Company Quick10K Filing
R1 RCM
10-Q 2020-03-31 Filed 2020-05-05
10-K 2019-12-31 Filed 2020-02-20
10-Q 2019-09-30 Filed 2019-11-05
10-Q 2019-06-30 Filed 2019-08-06
10-Q 2019-03-31 Filed 2019-05-09
10-K 2018-12-31 Filed 2019-02-22
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-10
10-K 2017-12-31 Filed 2018-03-09
10-Q 2017-09-30 Filed 2017-10-31
10-Q 2017-06-30 Filed 2017-08-02
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-03-01
10-Q 2016-09-30 Filed 2016-11-02
10-Q 2016-06-30 Filed 2016-08-04
10-Q 2016-03-31 Filed 2016-05-10
10-K 2015-12-31 Filed 2016-03-10
10-Q 2015-09-30 Filed 2015-11-09
10-Q 2015-03-31 Filed 2015-07-07
10-K 2014-12-31 Filed 2015-06-23
10-Q 2014-12-31 Filed 2015-08-05
10-Q 2014-09-30 Filed 2015-06-23
10-Q 2014-06-30 Filed 2015-06-23
10-Q 2014-03-31 Filed 2015-06-23
10-K 2013-12-31 Filed 2014-12-30
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-09
10-K 2011-12-31 Filed 2012-02-29
10-Q 2011-09-30 Filed 2011-11-10
10-Q 2011-06-30 Filed 2011-08-12
10-Q 2011-03-31 Filed 2011-05-12
10-K 2010-12-31 Filed 2011-03-18
10-Q 2010-09-30 Filed 2010-11-12
10-Q 2010-06-30 Filed 2010-08-13
8-K 2020-05-05 Earnings, Exhibits
8-K 2020-04-29 Officers, Exhibits
8-K 2020-04-01 M&A, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2020-03-20 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-02-20 Earnings, Exhibits
8-K 2020-01-09 Enter Agreement, Earnings, Regulation FD, Other Events, Exhibits
8-K 2019-12-27 Regulation FD, Exhibits
8-K 2019-11-05 Earnings, Exhibits
8-K 2019-09-20 Officers, Regulation FD, Exhibits
8-K 2019-08-07 Officers, Exhibits
8-K 2019-08-06 Earnings, Exhibits
8-K 2019-06-26 Enter Agreement, Leave Agreement, Off-BS Arrangement, Exhibits
8-K 2019-06-13 Shareholder Vote
8-K 2019-05-09 Earnings, Exhibits
8-K 2019-04-16 Officers, Exhibits
8-K 2019-04-10 Officers, Exhibits
8-K 2019-03-07 Officers
8-K 2019-02-22 Earnings, Exhibits
8-K 2019-01-07 Earnings, Regulation FD, Exhibits
8-K 2018-11-07 Earnings, Exhibits
8-K 2018-10-01 Other Events
8-K 2018-09-20 Officers
8-K 2018-08-09 Earnings, Exhibits
8-K 2018-07-24 Exhibits
8-K 2018-06-24 Enter Agreement
8-K 2018-05-31 Officers, Exhibits
8-K 2018-05-30 Shareholder Vote
8-K 2018-05-16 Officers
8-K 2018-05-09 Earnings, Exhibits
8-K 2018-05-08 Enter Agreement, M&A, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2018-04-26 Officers
8-K 2018-04-24 Regulation FD
8-K 2018-04-17 Regulation FD, Exhibits
8-K 2018-04-02 Other Events
8-K 2018-03-26 Officers, Other Events, Exhibits
8-K 2018-03-20 Other Events, Exhibits
8-K 2018-03-09 Earnings, Exhibits
8-K 2018-02-23 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2018-01-24 Enter Agreement, Sale of Shares, Other Events, Exhibits
8-K 2018-01-08 Earnings, Regulation FD, Exhibits

R1 RCM Financials

RCM Metrics, Comps, Filings

Quarterly | Annual

Business

R1 is a leading provider of technology-enabled revenue cycle management ("RCM") services to healthcare providers, including health systems and hospitals, physicians groups, and municipal and private emergency medical service ("EMS") providers. Our services help healthcare providers generate sustainable improvements in their operating margins and cash flows while also enhancing patient, physician and staff satisfaction for our customers.

We achieve these results for our customers by managing healthcare providers' revenue cycle operations, which encompass processes including patient registration, insurance and benefit verification, medical treatment documentation and coding, bill preparation and collections from patients and payers. We do so by deploying a unique operating model that leverages our extensive healthcare site experience, innovative technology and process excellence. We assist our RCM customers in managing their revenue cycle operating costs while simultaneously increasing the portion of the maximum potential services revenue they receive. Together, these benefits can generate significant and sustainable improvements in operating margins and cash flows for our customers.

Our primary service offering consists of end-to-end RCM services for integrated healthcare delivery networks, which we deploy through an operating partner relationship or a co-managed relationship. Under an operating partner relationship, we provide comprehensive revenue cycle infrastructure to providers, including all revenue cycle personnel, technology solutions and process workflow. Under a co-managed relationship, we leverage our customers' existing RCM staff and processes, and supplement them with our infused management, subject matter specialists, proprietary technology solutions and other resources. Under the operating partner model, we record higher revenue and expenses due to the fact that almost all of the revenue cycle personnel are our employees and more third-party vendor contracts are controlled by us. Under the co-managed model, the majority of the revenue cycle personnel and more third-party vendor contracts remain with the customer and those costs are netted against our co-managed revenue. For the years ended December 31, 2018 and 2017, substantially all of our net operating and incentive fees from end-to-end RCM were generated under the operating partner model.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Yelp (YELP) 2,730 94% 38.9 2% 1,029 326 745 700 24 66 2,584
Adtalem Global Education (ATGE) 2,174 50% 9.9 5% 2,460 1,130 1,210 607 119 232 2,292
China Online Education Group (COE) 2,141 0% 1,010 1,973 0 0 0 0 1,797
Shutterfly (SFLY) 1,733 50% 37.0 0% 1,891 1,295 2,117 1,064 8 69 2,546
R1 RCM (RCM) 1,623 13% 52.0 -0% 901 663 1,135 147 -2 37 1,935
Career Education (CECO) 1,222 0% 14.3 9% 599 197 615 0 57 80 1,145
Bright Scholar Education (BEDU) 1,500 0% 4,666 1,655 0 0 0 0 -1,664
China Distance Education (DL) 1,134 0% 329 219 0 0 0 0 1,064
K12 (LRN) 1,108 34% 8.2 4% 813 189 1,022 348 36 115 940
NV5 Global (NVEE) 934 48% 18.7 -2,783,900,000% 492 234 28 51 961
Rise Education Cayman (REDU) 917 0% 2,281 1,840 0 0 0 0 185
Jupai Holdings (JP) 812 0% 1,980 613 0 0 0 0 -491
Regis (RGS) 731 59% -101.9 -2% 1,557 1,273 1,028 606 -27 -7 741
Evolent Health (EVH) 686 0% -10.9 -7% 1,714 590 803 0 -121 -65 708
Team (TISI) 550 28% 72.1 -2% 1,015 576 1,185 329 -21 12 886
Franklin Covey (FC) 365 100% 33.9 -3% 188 114 160 160 -5 10 355
Donnelley Financial Solutions (DFIN) 423 49% 7.7 3% 962 696 684 338 31 98 752
American Public Education (APEI) 391 44% 6.7 4% 361 60 289 128 13 27 181
EnviroStar (EVI) 379 24% 55.2 2% 159 75 241 57 4 8 414
CRA (CRAI) 351 22% 8.5 5% 506 313 441 99 23 39 331

Balance Sheet ($MM)2011-06-302011-09-302012-03-312012-06-302012-09-302013-12-312014-03-312014-06-302014-09-302014-12-312014-12-312015-03-312015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash1501822142011962292081541941451221321381032812222021811431321431651704255651188156
Accounts Receivable921071111251372514139435510979497888414042414340
Inventory
PP&E2424273036434344454659496466686567727897101103108156169177194213204
Assets313348408423429510508463489446464447491460526493450415351342354336345753768808908913901
Accounts Payable30272336434665121066524482777515810141825
Long-Term Debt359360379359382368
Liabilities121139153162171596639604616589654617714674388387308256848195113126531554593691690663
Stockholders' Equity192208255261258-86-130-141-127-142-190-170-224-213-21-58-25-129181753325241064415
Income Statement ($MM)2011-06-302011-09-302012-03-312012-06-302012-09-302013-12-312014-03-312014-06-302014-09-302014-12-312014-12-312015-03-312015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue18421925423722384135991472211166835291261188799123140147208250263276295301
Cost of Revenue1371702092311774548454443424539454547628196112127139190219237246242
Gross Profit4749454546-3211454-21-31-2930307-36785663111391831394959
R&D
SG&A131517211817191716211721151825161614121515172230222628
Tax551-14-30-105-16-19-226111-292414000013110-119
Net Income971-136-55-1710-18-26-30-335167-413713-8-7-4-40-23-3-13-60-59
Cash Flow ($MM)2011-06-302011-09-302012-03-312012-06-302012-09-302013-12-312014-03-312014-06-302014-09-302014-12-312014-12-312015-03-312015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating3114-816-20-1426-301-54-17-18-2851925-10-111571-27-1
Cash Investing-2-4-6-9-1-0-2-3-5-3-10-4-2-4-3-2-9-14-7-4-3-477-2-15-18-11
Cash Financing280-11050-0178-2-0-0-2-1-1018361-0-47-12