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Stock impact report

R1 RCM Reports Second Quarter 2021 Results; Raises 2021 Guidance

R1 RCM Inc. (RCM) 
Last r1 rcm inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
MURRAY, Utah, Aug. 03, 2021 (GLOBE NEWSWIRE) -- 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 results for the three months ended June 30, 2021. Second Quarter 2021 Results: Revenue of $353.4 million, up $38.7 million or 12.3% compared to the same period last year  GAAP net income of $18.4 million, up $3.3 million or 21.9% compared to the same period last year  Adjusted EBITDA of $78.8 million, up $13.5 million or 20.7% compared to the same period last year “Our second quarter results demonstrate the continued momentum in our business, driven by strong operational execution and benefits from our investments in automation,” said Joe Flanagan, president and chief executive officer of R1. “Demand for our solutions remains very strong and we continue to invest heavily in advancing our technology roadmap in order to deliver transformational value to he Show less Read more
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