R1 Rcm Announces Filing Of Registration Statement On Form S-4 Related To Proposed Acquisition Of Cloudmed

Apr 07, 2022•over 3 years ago

Acquiring Company

R1 RCM

Acquired Company

Cloudmed

MurrayHealth CareMedia And EntertainmentCommerce And ShoppingOtherSoftware

Description

R1 RCM Inc. (NASDAQ:RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced that Project Roadrunner Parent Inc., a wholly owned subsidiary of R1, has publicly filed a registration statement on Form S-4 relating to its previously announced proposed acquisition of Cloudmed, a leader in Revenue IntelligenceTM solutions for healthcare providers.

Company Information

Company

R1 RCM

Location

Murray, Utah, United States

About

R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience. To learn more, visit: r1rcm.com.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed