Healthcare Investor August 5, 2024
R1 RCM (NASDAQ: RCM) has agreed to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R), according to a news release.
The all-cash transaction has an enterprise value of approximately $8.9 billion.
R1, founded in 2003 and based in Murray, Utah, is a revenue cycle management company servicing hospitals, health systems and physician groups across the United States.
TowerBrook, founded in 2001 and with its U.S. operations based out of New...
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