Widthness LLC

Advanced Business and Technology – Intel® Xeon® and A.I. Powered

R1 RCM Shares Up on Deal to Buy Cerner’s RevWorks

1 min read
R1 RCM Shares Up on Deal to Buy Cerner's RevWorks
Article by Rob Lenihan.

In a deal involving two health-data companies, Cerner will sell its RevWorks business to R1 RCM.

R1 RCM  (RCM) – Get Report shares were higher after the health information services company said it would acquire Cerner’s  (CERN) – Get Report RevWorks services business and commercial, non-federal client relationships.

Terms weren’t disclosed. The deal is expected to close in the third quarter.

R1 RCM shares at last check were up 9.5% to $11.70, while Cerner was little changed at $73.12. […]

The owner of this website has made a commitment to accessibility and inclusion, please report any problems that you encounter using the contact form on this website. This site uses the WP ADA Compliance Check plugin to enhance accessibility.