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Valuation

$27.5M

2020 Revenue

$9.2M

Customers

900

Funding

$1M

Avg ACV

$10.2K

Team

102

Founded

2003

How R1-RCM CEO Joseph Flanagan grew to $9.2M revenue and 900 customers in 2020.

R1 RCM is an American healthcare revenue cycle management company servicing hospitals, health systems and physician groups across the United States.

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R1-RCM Revenue

In 2020, R1-RCM's revenue reached $9.2M. Since its launch in 2003, R1-RCM has shown consistent revenue growth.

R1-RCM Revenue GrowthReported revenue / ARR over time$0$2M$4M$6M$8M$10M2003200520072009201120132015201720192020$0$9MSource: GetLatka.com
YearMilestoneQuote
2020R1-RCM Hit $9.2m revenue in August 2020
2003Launched with $0 revenue

R1-RCM Valuation, Funding Rounds

R1-RCM's most recent disclosed valuation is $27.5M.

R1-RCM has raised $1M in total funding across 1 round, most recently a $1M Venture Round round in 2012.

R1-RCM Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$250K$0.4$500K$0.6$750K$0.8$1M$1$1M200320052007200920112012Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2012Venture Round$1M--

Founder / CEO

Joseph Flanagan

Joseph Flanagan is listed as Founder / CEO at R1-RCM.

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Customers

R1-RCM serves 900 customers.

R1-RCM Employees & Team Size

R1-RCM employs approximately 102 people as of 2026. It serves 900 customers that rely on its solutions.

R1-RCM Team GrowthReported headcount over time0255075100125200320052007200920112013201520172019202000102102Source: GetLatka.com
YearMilestone
2020Reached 102 employees (August 2020)

Frequently Asked Questions about R1-RCM

What is R1-RCM's revenue?

R1-RCM generates $9.2M in revenue.

Who founded R1-RCM?

R1-RCM was founded by Joseph Flanagan.

Who is the CEO of R1-RCM?

The CEO of R1-RCM is Joseph Flanagan.

How much funding does R1-RCM have?

R1-RCM raised $1M.

How many employees does R1-RCM have?

R1-RCM has 102 employees.

Where is R1-RCM headquarters?

R1-RCM is headquartered in Campbell, California, United States.

Compare R1-RCM to the industry

R1-RCM operates across multiple industries. Browse revenue, funding, and growth data for R1-RCM in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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R1-RCM Revenue 2020: $9.2M ARR, $27.5M Valuation