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

R1 RCM Inc. (NASDAQ: RCM) (“R1”), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, announces that it has completed its previously announced acquisition of Acclara from Providence, one of the nation’s largest health systems. R1 expects the acquisition of Acclara, together with the new partnership with Providence, to contribute more than $625 million in revenue and approximately $185 million to Adjusted EBITDA by year five of the partnership, not including potential revenue synergies.

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Source: https://www.globenewswire.com/news-release/2024/01/17/2811124/0/en/R1-RCM-Completes-Acquisition-of-Acclara-Providence-s-Modular-Services-Business.html

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