Becker's Healthcare March 11, 2024
R1 RCM has formed a special committee of independent directors to evaluate “strategic alternatives” in the wake of two major shareholders mulling an offer to take the company private.
Private equity firm New Mountain Capital and TCP-ASC — an investment vehicle jointly owned by TowerBrook Capital Partners and Ascension Health Alliance — are considering a potential cash offer of $13.75 per share for all R1’s outstanding stock. New Mountain owns 32.4% of R1 and TowerBrook owns 29.6%.
In a March 11 news release, R1 said it “welcomes open, constructive communications with all stockholders and encourages input that advances our shared goal of...
Today's Sponsors
Today's Sponsor