R1 Releases Fourth Annual Environmental, Social and Governance (ESG) Report
27 Marzo 2024 - 6:00AM
R1 RCM Inc. (NASDAQ: RCM) (“R1”), a leading provider of
technology-driven solutions that transform the patient experience
and financial performance of healthcare providers, has released its
2023 Environmental, Social and Governance (ESG) report. The report
details the company’s commitment to improving access to healthcare,
bringing responsible global citizenship to life through its ESG
program.
R1 meets healthcare providers where they are on their revenue
cycle journey and enables them to focus on what matters most –
their patients, their employees and the health of their business.
The company’s mission to make healthcare work better for all
inspires R1’s efforts to build and innovate, creating rewarding
workplace experiences for its nearly 30,000 global employees;
emphasizing support for the communities it serves; improving
environmental conditions; safeguarding global operations; and
ensuring strong governance and leadership for the company and its
healthcare provider clients.
This year’s report highlights R1’s many ESG-related achievements
in 2023, including:
- Providing robust financial counseling services and
technology-enabled patient experience solutions to support our
clients’ patients in navigating complex payment processes, enabling
the company to recommend over 1.2 million patients and their
families for financial assistance over the past three years.
- Continuing to build a winning culture through recognition,
talent development and inclusion and diversity programs, with
recognition as a Great Place to Work® in numerous categories and as
one of the Best Places to Work for LGBTQ+ by the Human Rights
Campaign for the second consecutive year.
- Aiding communities worldwide by volunteering over 17,000 hours
and supporting more than 800 organizations, including donating
$500,000 for the second consecutive year to the Nurse-Family
Partnership, a part of Intermountain Health’s Primary Promise
program.
- Planting an additional 2,500 trees in the city of Gurgaon,
India, advancing its goal to plant 10,600 trees by the end of
2026.
“We are proud to showcase the efforts of our employees in this
year’s ESG report as they practice forward-thinking innovation,
demonstrate responsible global citizenship, and align our
commitments with the U.N. Sustainable Development Goals,” said Lee
Rivas, chief executive officer of R1. “We are entrusted to do right
by and for all our stakeholders, and our ESG strategy reflects our
commitment to serving all stakeholders responsibly and achieving
positive outcomes. We are proud of our mission and our nearly
30,000 global team members paving the way for a prosperous and
sustainable future for everyone.”
The R1 RCM 2023 ESG Report can be viewed at r1rcm.com/esg.
Forward Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical facts, included in
this press release are forward-looking statements. The words
“anticipate,” “believe,” “contemplate,” “designed,” “estimate,”
“expect,” “forecast,” “goal,” “intend,” “may,” “outlook,” “plan,”
“predict,” “project,” “see,” “seek,” “target,” “would” and similar
expressions or variations or negatives of these words are intended
to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. Such
forward-looking statements include, among other things, statements
about R1’s ESG efforts and commitments. Such forward-looking
statements are based on management’s current expectations about
future events as of the date hereof and involve many risks and
uncertainties that could cause R1’s actual results to differ
materially from those expressed or implied in its forward-looking
statements. Subsequent events and developments, including actual
results or changes in R1’s assumptions, may cause R1’s views to
change. R1 does not undertake to update its forward-looking
statements except to the extent required by applicable law. Readers
are cautioned not to place undue reliance on such forward-looking
statements. All forward-looking statements included herein are
expressly qualified in their entirety by these cautionary
statements. R1’s actual results and outcomes could differ
materially from those included in these forward-looking statements
as a result of various factors, including, but not limited to,
economic downturns and market conditions beyond R1’s control,
including high inflation; the quality of global financial markets;
R1’s ability to timely and successfully achieve the anticipated
benefits and potential synergies of the acquisitions of Cloudmed
and Acclara; R1’s ability to retain existing customers or acquire
new customers; the development of markets for R1’s revenue cycle
management offering; variability in the lead time of prospective
customers; competition within the market; breaches or failures of
R1’s information security measures or unauthorized access to a
customer’s data; delayed or unsuccessful implementation of R1’s
technologies or services, or unexpected implementation costs;
disruptions in or damages to R1’s global business services centers
and third-party operated data centers; the volatility of R1’s stock
price; the impact of the recent restatements of the financial
statements for the applicable periods on the price of R1’s common
stock, reputation and relationships with its investors, suppliers,
customers, employees and other parties; R1’s substantial
indebtedness; and the factors set forth under the heading “Risk
Factors” in R1’s most recent annual report on Form 10-K, and any
other periodic reports that R1 may file with the U.S. Securities
and Exchange Commission.
About R1 RCMR1 is a leading provider of
technology-driven solutions that transform the patient experience
and financial performance of hospitals, health systems, and medical
groups. R1’s proven and scalable operating models seamlessly
complement a healthcare organization’s infrastructure, quickly
driving sustainable improvements to net patient revenue and cash
flows while reducing operating costs and enhancing the patient
experience. To learn more, visit: r1rcm.com.
Contact:R1 RCM Inc.
Investor Relations: Evan Smith, CFA(516)
743-5184Investorrelations@r1rcm.com
Media Contact:Yancey CaseyAmendola
Communications(678) 895-9401ycasey@acmarketingpr.com
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