R1 RCM Appoints Gary Long as Chief Commercial Officer
August 02 2017 - 8:00AM
R1 RCM Inc. (NASDAQ:RCM), a leading provider of revenue cycle
management and physician advisory services to healthcare providers,
today announced the appointment of Gary Long to the newly created
role of Executive Vice President and Chief Commercial Officer.
Long will be responsible for R1’s customer growth initiatives,
including sales, marketing, product management and solution
development. Long comes to R1 with more than 20 years of healthcare
experience in leading organizations to drive revenue growth and
profitability. Most recently, he was Senior Vice President and
Chief Sales Officer at Premier Inc., where he developed and led a
commercial organization focused on driving the company’s revenues
across health systems, life sciences and government markets. Long
created a professional and sustainable market-focused organization
while leading the business up to and beyond its successful IPO in
2013. Under Long’s leadership the business more than doubled
its annual revenues while increasing its profitability. Prior to
Premier, Long served as Senior Vice President of sales and support
for Surgical Information Systems. Additionally, he previously
worked at McKesson Corporation, where he held a series of
progressive leadership roles in product management, corporate
marketing and enterprise sales.
“I am very excited to join R1 and look forward to working with
the team to drive the company’s growth. This is a pivotal time for
healthcare providers as the industry must integrate and transform
itself to provide higher quality and more cost-efficient care,”
said Long. “Healthcare financial leaders today need to
transform their revenue cycle approach to address increasing
complexity, shrinking margins and rising consumerism. R1 is
well positioned to partner with these leaders to improve the
patient and provider experience while driving financial performance
across the continuum of care.”
“R1 has developed a comprehensive technology-enabled revenue
cycle service platform and has optimized the performance of this
platform in the past few years. As a direct result of the
optimization of this platform, we are excited to enhance our
commercialization efforts to drive sustainable growth for the
company,” added Joe Flanagan, President and Chief Executive Officer
of R1. “Gary’s background in revenue cycle management and track
record in sales, marketing and product development positions him
well to lead our commercial effort. We are delighted to welcome
Gary to the R1 team.”
Long’s appointment is effective immediately and he will report
directly to Joe Flanagan.
Forward-Looking Statements
This document includes information that may constitute
“forward-looking statements,” made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements relate to future, not past, events and
often address our expected future growth, plans and performance or
forecasts. These forward-looking statements are often identified by
the use of words such as “believe,” “designed,” “expect,” “plan,”
“project,” “will,” or “would,” and similar expressions or
variations, although not all forward-looking statements contain
these identifying words. Such forward-looking statements are based
on management’s current expectations about future events as of the
date hereof and involve many risks and uncertainties that could
cause our actual results to differ materially from those expressed
or implied in our forward-looking statements. Subsequent events and
developments, including actual results or changes in our
assumptions, may cause our views to change. We do not undertake to
update our forward-looking statements except to the extent required
by applicable law. Readers are cautioned not to place undue
reliance on such forward-looking statements. All forward-looking
statements included herein are expressly qualified in their
entirety by these cautionary statements. Our actual results and
outcomes could differ materially from those included in these
forward-looking statements as a result of various factors,
including, but not limited to: if we are not able to achieve or
maintain profitability; if we are unable to retain our existing
customers or acquire new customers; delayed or unsuccessful
implementation of our technologies or services with our customers
or implementation costs that exceed our expectations; as well as
the factors discussed under the heading “Risk Factors” in our
annual report on Form 10-K for the year ended December 31, 2016,
our 2017 quarterly reports on Form 10-Q and any other periodic
reports that the Company files with the Securities and Exchange
Commission.
About R1 RCM R1 serves as the one revenue cycle
management partner for select hospitals and healthcare systems
regardless of their payment models, patient engagement strategies,
or settings of care. The Company uses a proven operating
model based on the R1 Performance StackSM designed to fit
seamlessly into any healthcare organization’s infrastructure and to
enhance the patient experience, improve provider economics, and
provide revenue predictability. To learn more, visit r1rcm.com
Contact:
R1 RCM Inc.
Investor Relations:
Atif Rahim
312.324.5476
investorrelations@r1rcm.com
Media Relations:
Deborah Lacy
650.814.7125
media@r1rcm.com
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