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R1 RCM Completes Acquisition of Acclara, Providence’s Modular Services Business

R1 RCM Completes Acquisition of Acclara, Providence’s Modular Services Business

01/17/24, 9:13 PM
Location
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Industry
hospitals and health care
hospitals and health care
R1 RCM Inc. has completed the acquisition of Acclara from Providence, one of the nation's largest health systems. The acquisition marks the beginning of a 10-year partnership between R1 and Providence for comprehensive revenue cycle services. R1 expects this transaction to create significant value for customers and shareholders, strengthening its position as a trusted partner of choice in revenue cycle management.

Company Info

Company
R1 RCM
Location
Murray, Utah, United States
Company info
R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers. 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.