This company has been acquired
R1 RCM Management
Management criteria checks 2/4
R1 RCM's CEO is Lee Rivas, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is $14.16M, comprised of 6.4% salary and 93.6% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth $1.54M. The average tenure of the management team and the board of directors is 3.3 years and 6.6 years respectively.
Key information
Lee Rivas
Chief executive officer
US$14.2m
Total compensation
| CEO salary percentage | 6.4% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.3yrs |
| Board average tenure | 6.6yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$61m |
| Jun 30 2024 | n/a | n/a | -US$40m |
| Mar 31 2024 | n/a | n/a | -US$33m |
| Dec 31 2023 | US$14m | US$900k | US$3m |
| Sep 30 2023 | n/a | n/a | -US$35m |
| Jun 30 2023 | n/a | n/a | -US$65m |
| Mar 31 2023 | n/a | n/a | -US$91m |
| Dec 31 2022 | US$4m | US$375k | -US$63m |
Compensation vs Market: Lee's total compensation ($USD14.16M) is above average for companies of similar size in the US market ($USD7.90M).
Compensation vs Earnings: Lee's compensation has increased whilst the company is unprofitable.
CEO
Lee Rivas (49 yo)
1.8yrs
Tenure
US$14,159,376
Compensation
Mr. Lee Rivas served as President of R1 RCM Inc. since June 21, 2022 until December 31, 2022. He is Chief Executive Officer and Director at R1 RCM Inc. since January 01, 2023. Mr. Rivas joined R1 RCM Inc....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.8yrs | US$14.16m | 0.026% $ 1.5m | |
| President | 1.8yrs | US$3.34m | 0.062% $ 3.8m | |
| Executive VP | 1.8yrs | US$3.20m | 0.0014% $ 87.0k | |
| Executive VP & Chief Commercial Officer | 1.8yrs | US$2.34m | 0.0013% $ 79.2k | |
| Principal Accounting Officer & Chief Accounting Officer | 3.3yrs | no data | 0.0063% $ 382.6k | |
| EVP & Chief Technology Officer | no data | no data | no data | |
| Senior Vice President of Finance & Investor Relations | 1.2yrs | no data | no data | |
| Executive Vice President of Compliance & Risk | 8.3yrs | no data | no data | |
| Executive VP | 7.8yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 6yrs | no data | no data | |
| Executive Vice President of Performance Management | 7.3yrs | no data | no data | |
| Executive Vice President of Integration | 6.8yrs | no data | no data |
3.3yrs
Average Tenure
47yo
Average Age
Experienced Management: RCM's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.8yrs | US$14.16m | 0.026% $ 1.5m | |
| Independent Director | 8.8yrs | no data | no data | |
| Lead Independent Director | 8.8yrs | US$320.02k | 0.017% $ 1.0m | |
| Independent Director | 5.6yrs | US$275.00k | 0.0095% $ 575.4k | |
| Director | 5.3yrs | US$285.02k | 0.013% $ 768.9k | |
| Chairman of the Board | 8.8yrs | US$400.01k | 0.013% $ 815.4k | |
| Director | 3.6yrs | US$285.01k | 0.0065% $ 390.5k | |
| Independent Director | 3.3yrs | US$278.77k | 0.0041% $ 248.4k | |
| Independent Director | 8.8yrs | no data | no data | |
| Director | 8.5yrs | US$207.18k | 0.80% $ 48.2m | |
| Independent Director | 7.7yrs | US$265.02k | 0.011% $ 649.8k | |
| Independent Director | 2.4yrs | US$265.02k | 0.0027% $ 162.0k |
6.6yrs
Average Tenure
60yo
Average Age
Experienced Board: RCM's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/20 04:53 |
| End of Day Share Price | 2024/11/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
R1 RCM Inc. is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vikram Kesavabhotla | Baird |
| Michael Cherny | BofA Global Research |
| Bret Jones | Brean Capital |