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R1 Rcm Completes Acquisition Of Cloudmed

PRIVATEJun 21, 2022

Acquiring Company

R1 RCM

Acquired Company

Cloudmed

ChicagoHealth CareHospitals and Health CareOtherSoftwareMedia And EntertainmentCommerce And Shopping

Description

R1 RCM Inc. (NASDAQ: RCM) (“R1”), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced it has completed its previously announced acquisition of Cloudmed.

Quick answer

R1 RCM is acquiring Cloudmed, announced June 21, 2022. R1 RCM is based in Chicago, Illinois, United States.

How much did R1 RCM pay for Cloudmed?
The deal value was not disclosed.
What does R1 RCM do?
R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups.
Where are R1 RCM and Cloudmed based?
R1 RCM is based in Chicago, Illinois, United States.
Who are the decision-makers at R1 RCM?
Fundz holds 1 contact at R1 RCM. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Hospitals and Health Care and Media And Entertainment

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Company Information

Company

R1 RCM

Location

Chicago, Illinois, 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.

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Frequently asked

Who acquired Cloudmed?

Cloudmed was acquired by R1 RCM, based in Chicago. The deal was reported on June 21, 2022. 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 RCM is privately held and operates in Health Care.

When did R1 RCM acquire Cloudmed?

R1 RCM's acquisition of Cloudmed was reported on June 21, 2022. R1 RCM Inc. (NASDAQ: RCM) (“R1”), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced it has completed its previously announced acquisition of Cloudmed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cloudmed do?

Cloudmed partners with over 400 of the largest healthcare providers in the United States and recovers over $1.8 billion of underpaid or unidentified revenue for its clients annually. It is privately held, operating in Other.

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