CHICAGO, Feb. 18, 2020 -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced.

Ladies and gentlemen, thank you for standing by and welcome to the R1 RCM, Q1 2020 earnings call. Certain statements made during this call may be considered forward-looking statements pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.

CHICAGO, Feb. 20, 2020 -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management services to healthcare providers, today announced results.

CHICAGO, May 04, 2020 -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced.

Whilst it may not be a huge deal, we thought it was good to see that the R1 RCM Inc. (NASDAQ:RCM) Director, Albert...

Q4 2019 R1 RCM Inc Earnings Call

CHICAGO, Jan. 22, 2020 -- R1 RCM Inc. (NASDAQ:RCM), a leader in technology-enabled revenue cycle management (RCM) services to healthcare providers, announced the launch of its.

The Wicks Group ("Wicks"), a New York-based investment firm, announced that it has completed the sale of SCI Solutions, Inc. ("SCI"), a leading provider of healthcare patient access and engagement software, to R1 RCM Inc. (NASDAQ: RCM), a leader in technology-enabled revenue cycle management services to healthcare providers.

It’s tempting – really, it is – to just put your investment money into the big-name stocks. After all, they generate the headlines, and they generate some spectacular results. Apple, Microsoft, Amazon, and Google parent Alphabet have all broken above $1 trillion market cap. But the big names aren’t the only ones showing great returns.It’s possible to find smaller stocks with big upsides. Small- and mid-cap companies don’t get the headlines and coverage of the trillion-dollar giants, but smart investors can find powerful returns in this category. We’ve used the TipRanks' Stock Screener tool to sort through the database and find some of these high-potential stocks.Setting the search filters to show us ‘Strong Buy’ small- and mid-cap stocks with greater than 10% upside potential reduced the original field from 6,500 stocks to a more manageable 350. We’ve pulled up three that are reporting earnings this month. They come from different economic sectors, and all three bring real incentives for investors. Let's take a closer look:Silicon Motion Technology (SIMO)We’ll start with a semiconductor chip manufacturer. Silicon Motion designs, develops and markets multimedia chips for consumer electronics. The company’s focus is on NAND flash controllers for solid-state storage devices, along with memory chips for SSDs and USB drives. The niche is a strong one; SIMO has just reported a strong Q4.The company released the Q4 2019 results this past Thursday, February 6. Earnings per share, at 96 cents, were up 17% year-over-year, 39% sequentially, and beat the forecast by 13%. Revenues showed even more impressive gains. At $153.2 million, sales beat the estimates by 7% and were up 39% year-over-year and 24% from Q3. Drilling down, SIMO’s SSD segment was a major gainer, with a 60% sequential revenue gain on a 25% increase in sales.Even better, for investors, the company showed a major increase in cash flow. The quarterly release showed that company operations generated $29.4 million in cash, compared to just $4.1 million in Q3. The improved cash position is good news for the stock dividend, which was increased to $1.40 annually. At this level, the dividend gives a yield of 2.95%, 1.5x higher than the average dividend among S&P listed companies. At a 20% share appreciation in the past 12 months, SIMO has slightly underperformed – but the strong dividend helps make up for that.Looking at the stock for Nomura, analyst Donnie Teng writes, “We believe SIMO’s UFS controllers for Micron are growing fast in terms of sales, which may be able to offset the loss from eMMC controllers for Hynix… We expect SIMO’s enterprise SSD sales to double in 2020F, with a recovery of demand from hyperscale customers… we raise our raise 2021F sales by 7% due to our stronger sales outlook…”Teng’s Buy rating on the stock is supported by a 50% increase in his price target, to $60. This new target suggests room for a 30% upside. (To watch Teng’s track record, click here)How does Teng’s bullish bet weigh in against the Street? It appears the analyst is not the only one enthusiastic on the Taiwan-based SSD firm, with TipRanks analytics demonstrating SIMO as a Strong Buy. Out of 8 analysts tracked in the last 3 months, 6 are bullish on the stock while 2 remain sidelined. With a return potential of nearly 22%, the stock’s consensus target price stands at $56.25. (See Silicon Motion stock analysis at TipRanks)R1 RCM (RCM)Moving on, we come to a revenue cycle management company. R1 RCM is an administrative process used in the American health care industry to track patient revenue from initial appointment through the final balance payment. R1 makes the software that provides these services to US-based health care organizations.The company will provide Q4 results on February 20. Expectations are for an EPS of 4 cents – but R1 has missed the forecasts in both of its last two quarters. Those missed expectation, however, belie otherwise strong results. In Q3, revenues were up 20% year-over-year, to $301.2 million, driven by new customer gains in previous 12 months.R1’s overall position is strong enough that, last month, the company was able to announce the acquisition of SCI Solutions, a competitor based in Seattle, Washington. The move, which cost R1 $190 million, promises future results as SCI bring with it a customer base worth up to $225 million in annual revenue.5-star analyst Steven Halper, of Cantor Fitzgerald, sees reason for optimism in R1, specifically citing the SCI acquisition. He writes, “We view the SCI Solutions acquisition as a solid strategic fit. The company should strengthen R1's capabilities within the front-end of the provider revenue cycle. R1 is building one of strongest end-to-end revenue cycle management platforms in the industry, and the shares offer solid upside from current levels.”Halper’s $17 price target, raised by $2, indicates confidence in a 31% upside and supports his Buy rating. (To watch Halper’s track record, click here)Overall, R1 keeps a Strong Buy consensus rating, based on a unanimous 3 Buys. Shares are a bargain, at just $12.95, especially considering that the average price target of $16.33 suggests an impressive 26% upside potential. (See R1 stock analysis at TipRanks)Nomad Foods, Ltd. (NOMD)With our final stock today, we move to the food industry. Nomad Foods is a frozen food distributor, based in the UK and serving customers around the world. The company has a market cap near $4 billion, and sees $2.2 billion in annual revenue.At the end of this month, NOMD will report Q4 2019 earnings. The forecast is for an EPS of 34 cents, a 1 cent year-over-year gain, but a potential 6 cent sequential gain. The company has beaten earnings forecasts consistently through 2019. Revenue in Q3 was $600.7 million.In recent years, Nomad has faced serious headwinds from the ongoing Brexit maneuverings. Investors were worried about increased tariffs and trade barriers in the event of tit-for-tat political fighting between the UK and the EU. The inability of Theresa May’s government did not inspire confidence. The stock’s potential has recovered somewhat since Boris Johnson’s Parliamentary victory, as the vote’s results unified the British government’s outward stance on Brexit.Reviewing NOMD shares for DA Davidson, analyst Brian Holland cites this point as support for a Buy rating. He writes, “[We] believe that the stock has become more investable, with a layer of uncertainty removed by the vote increasing the likelihood of an orderly Brexit. Nomad has continued to generate organic sales and margin growth year-to-date in spite of the very challenging environment.”Holland’s maintains his $25 price target on the stock, implying an upside here of 25%. (To watch Holland’s track record, click here)All in all, Wall Street loves Nomad Foods' stock, rating it "strong buy" on average. It also doesn’t hurt that its $25.67 average price target implies 30% upside potential from current levels. (See Nomad Foods stock analysis at TipRanks)

CHICAGO, Feb. 05, 2020 -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced.

CHICAGO, April 29, 2020 -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced.

CHICAGO, April 21, 2020 -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced.

CHICAGO, April 30, 2020 -- R1 RCM Inc. (NASDAQ:RCM), a leader in technology-enabled revenue cycle management services to healthcare providers, announced today that Penn State.

CHICAGO, May 05, 2020 -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management services to healthcare providers, today announced results.

NEW YORK, NY / ACCESSWIRE / February 20, 2020 / R1 RCM, Inc. (NASDAQ:RCM) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 20, 2020 at 8:00 AM ...

R1 RCM Inc. (RCM), a leader in technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced a definitive agreement to acquire SCI Solutions, Inc. (SCI), a leading provider of SaaS-based scheduling and patient access solutions, for approximately $190 million in cash.

It was a rough start to the week, to put it lightly. As oil prices continued to slide yesterday, the S&P 500 suffered its largest daily decline in three weeks, retreating by more than 3%. Both the NASDAQ and Dow Jones indexes notched losses as well.However, things could be looking up. U.S. stocks are gearing up today as the U.S. government came to an agreement on a new $484 billion pandemic relief plan, allocating funds to a small business aid program as well as to COVID-19 testing and hospitals.While challenging at times, research firm RBC Capital tells clients to block out the pandemic-driven noise and focus on the bigger picture. Looking beyond the short-term impacts of COVID-19, the firm believes the healthcare IT space is becoming even more “exciting,” with several long-term tailwinds on the horizon.“Innovation is accelerating, technologies are becoming more capable, not to mention many of what have been the bigger barriers to value creation—un-digitized data, a lack of data standards, and an unsupportive regulatory framework—are quickly crumbling. There are also two significant forces—payment reform and the empowering of the healthcare consumer—that are dramatically changing the landscape, both of which require the support of a more sophisticated healthcare IT infrastructure,” analyst Sean Dodge wrote in a recent note.With the analyst initiating his coverage of several healthcare IT names, we wanted to find out more. Using TipRanks’ database, we discovered that three of RBC’s picks have earned Buy ratings from other analysts and boast more than 20% upside potential. Let’s dive in.R1 RCM Inc. (RCM)In order to help both acute-care and ambulatory providers better manage their revenue cycles, R1 RCM offers software modules that clients can install and run themselves as well as full outsourcing. With increasing complexity and costs driving providers to get help managing payment processes, RBC sees an opportunity for this company.According to Dodge’s estimates, only 25-30% of revenue cycle functions are currently outsourced within both the acute and ambulatory spaces. Additionally, 32% of hospital executives surveyed recently by the firm stated that they expect to outsource payment management processes over the next three years.This creates a significant market opportunity for RCM to capitalize on, and Dodge believes it is well positioned to do so. Expounding on this, Dodge wrote, “While there is some competition in the space, R1 has set itself apart through its: (1) breadth of offerings spanning the ambulatory, acute and post-acute environments as well as ability to service both fee-for-service and value-based models; (2) innovative use of technology to automate labor-intensive processes; (3) track-record of successful deployments and generating value for clients; and (4) now with the inclusion of SCI, more tightly integrated and higher functioning referral scheduling capabilities.”On top of this, Dodge argues that the value of its technologies is only beginning to come to light. RCM established its Digital Transformation Office (DTO) back in 2018, but in 2020 alone, management thinks the product will provide a $15-20 million EBITDA boost.With Dodge also citing its more stable earnings stream, expected EBITDA growth rate and better forward visibility on growth as making it a stand-out among its peers, the deal is sealed for the analyst. To kick off his coverage, he published an Outperform rating and set a $12 price target, implying 22% upside potential. (To watch Dodge’s track record, click here)Like Dodge, other analysts are generally bullish on this healthcare IT stock. It has received 4 Buys and 1 Hold in the last three months, making the consensus rating a Strong Buy. At $13, the average price target is more aggressive than Dodge’s and suggests 36% upside potential. (See R1 RCM stock analysis on TipRanks)Catasys (CATS) Next up we have Catasys, which helps insurers identify and better manage the health of patients with both behavioral and chronic medical conditions, the most difficult and costly members. Sure, working with this group of individuals can be difficult, but RBC thinks the company is up for the challenge thanks to its solution, which combines predictive analytics with human engagement.As of March 25, its effective outreach pool lands at 145,000 individuals, which is up 206% year-over-year. This alone isn’t expected to fuel revenue, but it does expand Catasys’ opportunity, with revenue now depending on how rapidly it can accelerate enrollment.“Our waterfall analysis—in which we study performance over the past 2-years—shows reality to be a bit slower. That said, even if we project this same slower cadence going forward, we can still get to ~$88 million for the year. Not quite management’s $90 million, but still 150-155% year-over-year growth,” Dodge commented. If that wasn’t enough, the company estimates that another 50,000 individuals will be added to the pool, with it potentially reaching 200,000 in 2020.Even though Dodge currently doesn’t factor the upcoming launches of OnTrak 2.0, Catasys’ next generation and more tech-heavy engagement engine, or Catasys PRE, an extension of its engagement capabilities beyond its legacy behavioral health focus, into his estimates, these products could drive significant upside in the future.It should also be noted that CATS made a hefty investment in its tech platform and hired 225 new employees in 2019 to keep up with the outreach pool. With the pace of these investments moderating in 2020, the company believes it will be cash flow positive by the fourth quarter, with a steep margin expansion also slated to take place over the next three-plus years. “Notably, a successful deployment of OnTrak 2.0, given its higher automation, could steepen the ramp,” Dodge added.Taking all of this into consideration, Dodge started off his CATS coverage by putting an Outperform rating and $35 price target on the stock. This conveys his confidence in Catasys’ ability to surge 17% in the next twelve months.Turning now to the rest of the Street, it has been relatively quiet when it comes to other analyst activity. Only two other analyst have thrown an opinion into the mix, but the two reviews were also bullish, so the consensus rating is a Strong Buy. In addition, the $29.91 average price target implies nearly 9% upside from current levels. (See Catasys stock analysis on TipRanks)Allscripts Healthcare Solutions (MDRX)Allscripts is one of the top healthcare IT vendors in the world, with it developing software and services for a variety of healthcare organizations like hospitals, outpatient physician offices, retail pharmacies and life-sciences companies. While the company has faced headwinds in the past, RBC believes the tide is turning.Dodge doesn’t dispute that the company has struggled with revenue over the last three years. In 2018, MDRX saw a 6-7% step-down in its organic revenue base, and it followed this up with flat revenue in 2019. Revenue for 2020 is also expected to come in flat as it witnessed a significant number of de-installs in its acute-care segment.Having said that, Dodge argues that these de-install decisions were made years ago and that based on improving client satisfaction, the situation should be better in 2021. “This coupled with momentum across Veradigm, patient engagement, care coordination, and the community hospital replacement market increases our confidence revenue can re-accelerate back toward the MSDs,” he added.On top of this, in an effort to spur “significant” EBITDA margin expansion, the company has outsourced its process overhaul. This reflects the new focus that has been placed on realigning operations around growth opportunities and “burgeoning” markets.Dodge also thinks that its balance sheet provides it with some optionality. While its free cash flow at the end of 2020 is only expected to cover half of its $145 million DOJ settlement, the analyst points out that MDRX still has $480-490 million available to use for M&A and buybacks. “Management's preference is accretive acquisitions, but even if it settles for repurchases, adding a turn to fund a buyback would lift our 2021 EPS estimate by $0.15-0.20 (or 20-25%),” he commented.As MDRX trades at a ~4-turn discount to some of its most structurally challenged peers, it’s no wonder Dodge joined the bulls. The analyst initiated coverage with an Outperform call and put an $8 price target on the stock. Should this target be met, a 27% twelve-month gain could be in store.Looking at the consensus breakdown, 4 Buy ratings, 8 Holds and 1 Sell assigned in the last three months add up to a Hold rating. Its $8.88 average price target surpasses Dodge’s and implies shares could climb 41% higher in the next year. (See Allscripts stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

CHICAGO, Jan. 27, 2020 -- R1 RCM Inc. (NASDAQ:RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, announced its.

R1 RCM Inc. (RCM), a leader in technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced it has completed the acquisition of SCI Solutions, Inc. (SCI). The combination of R1 and SCI is expected to deliver enhanced value for healthcare providers by enabling them to expand digital front door strategies for their patients, improve operating efficiency, and increase capacity utilization, among other benefits.

Q1 2020 R1 RCM Inc Earnings Call