Professional
Added to YB: 2024-03-04
Pitch date: 2024-02-27
RCM [bullish]
R1 RCM Inc.
-1.31%
current return
Author Info
Voss Capital is a hedge fund looking for value-oriented special situations. Sign up for the newsletter.
Company Info
R1 RCM Inc. provides technology-driven solutions for the financial performance and patient experience of health systems, hospitals, and physician groups.
Market Cap
$6.0B
Pitch Price
$14.50
Price Target
28.00 (+96%)
Dividend
N/A
EV/EBITDA
15.35
P/E
-98.40
EV/Sales
3.32
Sector
Health Care Providers and Services
Category
growth
Voss Capital New Portfolio Holding - R1 RCM Inc.
RCM: Undervalued leader in underpenetrated RCM market. Cloudmed acquisition brings 40%+ EBITDA margins, 117% net revenue retention, driving mid-teens revenue CAGR. Microsoft collab & AI to improve margins. 15x 2026 FCF fair value = 2x stock price in 2 years on existing clients & tech efficiencies, not new wins. Long-term focus key.
Read full article (4 min)