Stratrix
On the Record · R1 RCM Holdco

R1 RCM Holdco acquisitions, on the record

The businesses R1 RCM Holdco bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
scheduling.com, Inc. d/b/a SCI Solutions, Inc. (SCI), via Clearsight Intermediate Holdings, Inc. (Seller Blocker)
Word for word“On January 9, 2020, we entered into a Stock Purchase Agreement with Clearsight Intermediate Holdings, Inc. ("Seller Blocker") and Clearsight Group Holdings, LLC (the "Seller") providing for the purchase (the "SCI Acquisition") by us from the Seller of all of the issued and outstanding equity interests of Seller Blocker, which owns all of the issued and outstanding equity interests of scheduling.com, Inc. d/b/a SCI Solutions, Inc. ("SCI").” 10-K for 2019
agreed acquisitionOn January 9, 2020—
Intermedix Holdings, Inc. (Intermedix)
Word for word“On May 8, 2018, the Company completed the acquisition of Intermedix Holdings, Inc. ("Intermedix") through the merger of Project Links Merger Sub, Inc. (“Merger Sub”), a wholly-owned indirect subsidiary of the Company, with and into Intermedix, with Intermedix surviving the merger as a wholly-owned indirect subsidiary of the Company (the “Acquisition”).” 10-K for 2019
acquisitionOn May 8, 2018—
scheduling.com, Inc. d/b/a SCI Solutions, Inc. (SCI)
Word for word“The transaction was accounted for as a business combination.” 10-K for 2020
acquisition——
RevWorks services business
Word for word“On August 3, 2020, we completed the acquisition of the RevWorks services business pursuant to an asset purchase agreement dated as of June 2, 2020 (the “RevWorks Purchase Agreement”) by and among the Company and Cerner Corporation (the “RevWorks Acquisition”).” 10-K for 2020
acquisitionOn August 3, 2020—
emergency medical services ("EMS") business
Word for word“As part of our portfolio analysis and strategic initiatives, the Company disposed the emergency medical services (“EMS”) business on October 30, 2020 for $ 140 million, inclusive of a $ 5 million hold-back amount subject to the completion of certain transition services, to be paid approximately one year from the date of the disposition.” 10-K for 2020
divestitureOctober 30, 2020$ 140 million, inclusive of a $ 5 million hold-back amount subject to the completion of certain transition services
iVinci Partners, LLC d/b/a VisitPay
Word for word“On July 1, 2021, we completed the acquisition of all the outstanding equity interests of iVinci Partners, LLC d/b/a VisitPay (“VisitPay”), a provider of digital payment solutions, pursuant to an Agreement and Plan of Merger dated as of May 3, 2021 (the “VisitPay Acquisition”).” 10-K for 2021
acquisitionJuly 1, 2021—
VisitPay
Word for word“The purchase price for the VisitPay Acquisition was $305.4 million.” 10-K for 2021
acquisition—$305.4 million
Cloudmed
Word for word“The total consideration is expected to be approximately $4.1 billion, inclusive of approximately $857 million in net debt, based on our closing stock price on January 7, 2022.” 10-K for 2021
agreed acquisition—approximately $4.1 billion
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2018-12-31—$254.8 million
2019-12-31$0—
2020-12-31$196 million$129.2 million
2021-12-31$294.7 million$179.2 million

Deal filings since 2016

Read from R1 RCM Holdco’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.