Healthcare tech firm R1 RCM to be acquired by TowerBrook Capital Partners and Clayton, Dubilier & Rice for $8.9bn, pending shareholder and regulatory approval.

Healthcare tech firm R1 RCM is to be acquired by investment funds linked to TowerBrook Capital Partners and Clayton, Dubilier & Rice in an $8.9bn deal, valuing the company at $14.30 per share. The acquisition, which requires shareholder and regulatory approval, is expected to close by the end of the year. R1 RCM provides billing and revenue collection services to over 3,700 hospitals and 30,000 doctors.

August 01, 2024
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