R1 RCM Inc. (OTCMKTS:ACHI) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07(d) of Form 8-K, R1 RCM Inc. (the “Company”) is filing this Amendment (this “Amendment”) to its Current Report on Form 8-K originally filed on September 13, 2017 (the “Original Form 8-K”). The sole purpose of this Amendment is to disclose the Company’s decision regarding how frequently it will conduct future advisory votes on executive compensation.
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Item 5.07 |
Submission of Matters to a Vote of Security Holders |
As previously reported in the Original Form 8-K, a majority of votes cast at the Company’s Annual Meeting of Stockholders held on September 13, 2017 voted, on an advisory basis, to hold future advisory votes on executive compensation every three years. The Company has determined that it will hold future advisory votes on executive compensation every three years, until such time as the next advisory vote is submitted to stockholders regarding the frequency of advisory votes on executive compensation or the Board of Directors otherwise determines that a different frequency for such advisory vote is in the best interests of the Company. The information reported under Item 5.07 of the Original Form 8-K is hereby incorporated by reference.
About R1 RCM Inc. (OTCMKTS:ACHI)
R1 RCM Inc., formerly Accretive Health, Inc., is a provider of revenue cycle services to healthcare providers. The Company offers revenue cycle management (RCM) service and physician advisory services (PAS). The Company operates through the business of providing end-to-end management services of revenue cycle operations for the United States-based hospitals and other medical providers segment. It also offers modular services, allowing clients to engage in specific components of its RCM service offering. Its customers are single or multi-hospital healthcare systems, including faith-based healthcare systems, community healthcare systems, academic medical centers and their affiliated ambulatory clinics, and physician practice groups. The Company’s population health solutions (PHS) services are designed to enable healthcare providers to manage the health of a defined patient population by identifying various individuals. The Company utilizes the R1 Performance Stack.