Company Directory - R1 RCM Inc.
Company Details - R1 RCM Inc.
R1 RCM Inc.
WebsiteChicago, USA
R1 RCM Inc. is a healthcare revenue cycle management company that provides comprehensive end‐to‐end solutions—including claim processing, analytics, and consulting services—to help healthcare providers optimize their financial performance.
CCI Score
CCI Score: R1 RCM Inc.
-36.60
0.02%
Latest Event
R1 RCM Inc Lobbying Profile Highlights Corporate Political Influence
OpenSecrets has published a detailed lobbying profile for R1 RCM Inc, providing transparency into its political lobbying activities. The profile reveals the firm’s engagement in lobbying efforts, a practice that can be seen as contributing to corporate influence over public policy.
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TOADIE
R1 RCM Inc. is currently rated as a Toadie.
Latest Events
- FEB192025
OpenSecrets has published a detailed lobbying profile for R1 RCM Inc, providing transparency into its political lobbying activities. The profile reveals the firm’s engagement in lobbying efforts, a practice that can be seen as contributing to corporate influence over public policy.
-20
Political Contributions and Lobbying Efforts
March 28
The publication of R1 RCM Inc's lobbying profile on OpenSecrets indicates that the company is actively engaging in political lobbying. Although lobbying itself is a common corporate practice, from an anti-fascist perspective such influence can undermine democratic accountability by prioritizing corporate or special interest agendas over the public good.
- DEC312024R1 RCM Lobbying Disclosure
-38.83
R1 RCM Inc. disclosed $70,000 in lobbying expenditures during Q4 2024 targeting issues such as the Implementation of the No Surprise Act, revenue cycle management, and healthcare financing. The filing reveals the company's efforts to influence healthcare policy, an action that may entrench corporate interests over consumer and worker protections.
-40
Political Contributions and Lobbying Efforts
March 28
The $70,000 lobbying effort indicates that R1 RCM Inc. is using financial influence to shape healthcare regulations. Focusing on issues like the No Surprise Act and related revenue cycle management policy suggests an attempt to steer legislation in favor of corporate profits, potentially undermining consumer and worker protections, and contributing to the broader pattern of corporate political influence.
Lobbying Update: $70,000 of R1 RCM lobbying was just disclosed
- APR162024
A proposed class action lawsuit alleges that R1 RCM negligently failed to secure patient data during a 2023 cyberattack on its network, compromising sensitive personal information of over 16,000 Dignity Health patients and delaying notification of those affected.
-70
Business Practices and Ethical Responsibility
March 28
The lawsuit claims that R1 RCM did not implement adequate cybersecurity protocols, such as proper encryption, and delayed notifying affected individuals. This negligence in safeguarding sensitive patient data reflects poor ethical business practices with significant implications for patient privacy and trust.
Class Action Lawsuit Alleges R1 RCM, Dignity Health Failed to Protect Patient Data from Cyberattack
-50
Technology and Services Impact
March 28
R1 RCM’s failure to implement strong cybersecurity measures, including the lack of encryption for sensitive patient data, allowed unauthorized access during a cyberattack. This failure highlights significant shortcomings in technology management and contributes to broader risks associated with data breaches in critical health services.
Class Action Lawsuit Alleges R1 RCM, Dignity Health Failed to Protect Patient Data from Cyberattack
- MAR212024
On March 21, 2024, R1 RCM Inc. reported a data breach involving the sensitive personal health information of 16,121 individuals associated with Dignity Health's St. Rose Dominican Hospital de Lima in Henderson, Nevada. The breach raises concerns regarding the company’s data security practices.
-40
Business Practices and Ethical Responsibility
March 28
The incident demonstrates significant lapses in ethical business practices. A data breach exposing sensitive health data indicates negligence in safeguarding personal information, which undermines trust and endangers vulnerable patients.
-30
Technology and Services Impact
March 28
The breach highlights vulnerabilities in the company’s technology systems that handle sensitive healthcare data. This raises serious concerns about the integrity of R1 RCM Inc.'s technological safeguards against data breaches.
- MAR142024
In March 2024, R1 RCM sent out data breach letters to affected individuals following a breach involving sensitive healthcare data. The incident has triggered a class action investigation, raising serious concerns over the company’s data protection practices and its commitment to ethical business conduct.
-40
Business Practices and Ethical Responsibility
March 28
The data breach incident exposed inadequacies in safeguarding sensitive healthcare information, which not only endangers patient privacy but disproportionately affects vulnerable populations. While the company did send out breach notifications, the occurrence itself highlights a failure in upholding ethical business practices and consumer protection standards.
Dignity Health & R1 RCM Data Breach Class Action Investigation and Lawsuit Assistance
- JAN012024
An OpenSecrets profile reveals that R1 RCM Inc engaged in $87,285 in contributions and spent $280,000 on lobbying during the 2024 cycle, with a notable revolving door among its lobbyists.
-40
Political Contributions and Lobbying Efforts
March 28
R1 RCM Inc reported significant lobbying expenditure of $280,000 and contributions of $87,285 in the 2024 cycle. This spending, accompanied by evidence of a revolving door with former government employees among its lobbyists, raises concerns about heightened corporate influence and potential regulatory capture that can favor elite interests over democratic accountability.
-30
Executive Political Engagement
March 28
The profile also points out that a considerable number of R1 RCM Inc lobbyists have previously held government positions, suggesting a revolving door dynamic. This pattern increases the risk of conflicts of interest and undermines democratic oversight, further reinforcing corporate influence in political processes.
- NOV232023
R1 RCM Inc. reported a data breach affecting 16,121 individuals' protected health information. The breach was discovered on November 23, 2023, when it was found that unauthorized third parties had possession of sensitive patient data from Dignity Health’s St. Rose Dominican Hospital de Lima. The company notified affected individuals promptly and offered two years of complimentary credit monitoring and identity theft protection services.
-35
Business Practices and Ethical Responsibility
March 28
The data breach represents a serious lapse in the company’s business practices and ethical responsibility. Despite prompt notification and provision of remedial services, exposing protected health information of over 16,000 individuals underscores significant shortcomings in safeguarding sensitive data and upholding standards required in healthcare revenue cycle management.
- OCT182023
Holzer & Holzer, LLC announced an investigation into R1 RCM Inc. over allegations of overstated revenues, accounting gimmickry, and poor corporate governance, which contributed to a significant drop in the company’s stock price.
-60
Business Practices and Ethical Responsibility
March 28
The investigation alleges that R1 RCM Inc. engaged in misleading accounting practices and exhibited poor corporate governance, as characterized by overstated revenues and profits. These unethical business practices undermine transparency and corporate accountability, which are critical for protecting stakeholders and ensuring responsible economic behavior.
Investigation of R1 RCM Inc. (RCM) Announced by Holzer & Holzer, LLC
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