RCM
Price:
$14.31
Market Cap:
$6.04B
R1 RCM Inc. leverages technology to provide solutions that both optimize the patient experience and bolster the financial performance of hospitals, health systems, and medical groups. Its core offering is comprehensive revenue cycle management (RCM), meticulously designed to address the entire spectrum of financial complexities faced by healthcare providers. Beyond this holistic approach, R1 RCM also delivers flexible, specialized solutions. These encompass physician advisory services, guiding healthcare organizations on compliant classification of hospital visits (in-patient versus out-patient observation) for billing purposes. Additional modular services include: Practice management: Offer...[Read more]
Industry
Medical - Healthcare Information Services
IPO Date
2017-03-16
Stock Exchange
NASDAQ
Ticker
RCM
According to R1 RCM Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.83. This represents a change of 1.03% compared to the average of 1.81 of the last 4 quarters.
The mean historical Current Ratio of R1 RCM Inc. over the last ten years is 1.37. The current 1.83 Current Ratio has changed 13.23% with respect to the historical average. Over the past ten years (40 quarters), RCM's Current Ratio was at its highest in in the March 2017 quarter at 3.29. The Current Ratio was at its lowest in in the December 2015 quarter at 0.54.
Average
1.37
Median
1.47
Minimum
0.54
Maximum
2.25
Discovering the peaks and valleys of R1 RCM Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 177.97%
Maximum Annual Current Ratio = 2.25
Minimum Annual Increase = -55.43%
Minimum Annual Current Ratio = 0.54
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.83 | 13.35% |
| 2022 | 1.61 | 12.48% |
| 2021 | 1.43 | -16.72% |
| 2020 | 1.72 | 84.83% |
| 2019 | 0.93 | -7.08% |
| 2018 | 1.00 | -55.43% |
| 2017 | 2.25 | 48.59% |
| 2016 | 1.51 | 177.97% |
| 2015 | 0.54 | -37.79% |
| 2014 | 0.88 | -8.30% |
The current Current Ratio of R1 RCM Inc. (RCM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.63
5-year avg
1.51
10-year avg
1.37
R1 RCM Inc.’s Current Ratio is less than Reata Pharmaceuticals, Inc. (6.75), less than IVERIC bio, Inc. (18.63), greater than LHC Group, Inc. (1.41), less than Inari Medical, Inc. (3.09), less than 1Life Healthcare, Inc. (2.20), less than Alpine Immune Sciences, Inc. (7.86), greater than Signify Health, Inc. (1.62), greater than Abcam plc (1.13), greater than Syneos Health, Inc. (1.13), greater than Agiliti, Inc. (1.72),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.75 | $6.57B | |
| 18.63 | $5.51B | |
| 1.41 | $5.29B | |
| 3.09 | $4.68B | |
| 2.20 | $3.40B | |
| 7.86 | $4.46B | |
| 1.62 | $8.93B | |
| 1.13 | $5.52B | |
| 1.13 | $4.46B | |
| 1.72 | $1.37B |
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