R1 RCM Inc. (NASDAQ:RCM) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET

Company Participants

Atif Rahim - Head, Investor Relations

Lee Rivas - Chief Executive Officer

Jennifer Williams - Chief Financial Officer

Conference Call Participants

Glen Santangelo - Jefferies

Sean Dodge - RBC Capital Markets

Charles Rhyee - TD Cowen

Sameer Patel - Evercore ISI

Jailendra Singh - Truist Securities

Craig Hettenbach - Morgan Stanley

Hanna Lee - Bank of America

Scott Schoenhaus - KeyBanc

Jack Wallace - Guggenheim Securities

Operator

Good morning. My name is Rob, and I’ll be your conference operator today. At this time, I would like to welcome everyone to the R1 RCM Second Quarter 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions]

Thank you. Atif Rahim, Head of Investor Relations. You may begin your conference.

Atif Rahim

Good morning, everyone, and welcome to the call. Certain statements made during this call may be considered forward-looking statements pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.

In particular, any statements about our future growth, plans and performance, including statements about our strategic and cost saving initiatives, our liquidity position, our growth opportunities and our future financial performance are forward-looking statements.

These statements are often identified by the use of words such as anticipate, believe, estimate, expect, intend, design, may, plan, project, would and similar expressions or variations. Investors are cautioned not to place undue reliance on such forward-looking statements.

All forward-looking statements made on today’s call involve risks and uncertainties. While we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law.

Our actual results and outcomes may differ materially from those included in these forward-looking statements as a result of various factors, including, but not limited to, economic downturns and market conditions beyond our control, including periods of inflation, the quality of global financial markets, our ability to timely and successfully achieve the anticipated benefits and potential synergies of the Cloudmed acquisition and factors discussed under the heading Risk Factors in our most recent annual report on Form 10-K and in our quarterly reports on Form 10-Q.

We will also be referencing non-GAAP metrics on this call. For a reconciliation of non-GAAP amounts to their equivalent GAAP amounts, please refer to our press release.