R1 RCM completed the acquisition of Acclara from Providence for $675m.

R1 RCM, a provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, completed the acquisition of Acclara, a technology-driven revenue cycle management company, from Providence, one of the nation's largest health systems, for $675m. “We are pleased to complete the acquisition of Acclara and enter into our long-term partnership with Providence, and we look forward to the significant value we believe this transaction will create for customers and shareholders. Acclara strengthens our position as the trusted partner of choice in revenue cycle management and extends our ability to deploy advanced technology solutions and drive execution to improve customer and patient outcomes. We warmly welcome the Acclara team to R1 and look forward to new growth opportunities together and to leveraging our technology and automation capabilities across our expanded portfolio,” Lee Rivas, R1 CEO.