R1 RCM Acquires Acclara from Providence
December 6, 2023
R1 RCM Inc. has entered into a definitive agreement to acquire Acclara from Providence for $675 million in cash plus warrants to purchase 12.2 million shares of R1. The deal includes a 10-year revenue cycle management agreement whereby Acclara and Providence will partner with R1, expanding R1's scale, capabilities, and long-term revenue opportunities in healthcare revenue cycle management.
- Buyers
- R1 RCM Inc.
- Targets
- Acclara
- Sellers
- Providence
- Industry
- Healthcare Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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