R1 RCM Agrees to Be Taken Private by TowerBrook, CD&R for $8.9 Billion; Shares Jump
Introduction In a significant financial maneuver, R1 RCM Inc., a leading provider of revenue cycle management services for healthcare providers, has agreed to be acquired by private equity firms TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R) for an impressive $8.9 billion. This announcement has sent ripples through the market, causing R1 RCM shares…