R1 RCM absorbs increased costs from Ascension IT outage, says CFO

R1 RCM expects the Ascension ransomware attack to drag down its revenue by between $75 million and $95 million in 2024, primarily because of a delay in timing of revenue from the second half of 2024 into the first half of 2025, executives said Aug. 7 during the company’s second-quarter earnings call.

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