Introduction

Jon Hook, CFA, Senior Analyst at Voss Capital, joins the podcast to discuss his thesis on R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers.

For more information about Voss Capital, please visit: https://www.vosscap.com/

Chapters:

[0:00] Introduction + Episode sponsor: Alphasense

[1:30] What is $RCM and why are they interesting to Jon Hook

[3:47] Why tax is 4-6% (vs. 2% or 20%)

[6:20] Jon Hook's background

[8:50] $RCM elevator pitch

[15:43] $RCM going concerns: addressing short reports, challenging 2022, management change

[22:36] Sutter roll-out

[27:37] Network effects / competitive landscape

[32:32] Addressing add-backs, adjusted EBITDA

[37:10] Addressing stickiness of the business

[40:53] Providence acquisition and capital allocation strategy

[48:22] Final thoughts on $RCM short report

[52:11] Coder shortage

[54:31] Optum ($RCM largest competitor)

[58:33] $RCM final thoughts

Today's episode is sponsored by: Alphasense

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