Lee  Rivas net worth and biography

Lee Rivas Biography and Net Worth

CEO of R1 RCM
Lee Rivas is a passionate leader of high-growth, mission-driven companies operating at the intersection of data, technology, and healthcare.

He is Chief Executive Officer of R1 RCM and a member of its board of directors. R1 is an industry leader delivering technology-driven solutions that transform the patient experience and financial performance of healthcare providers. The company serves hospitals, health systems and medical groups, including 95 of the top 100 US health systems, and manages over $55 billion in net patient revenue through its revenue cycle management solutions.

Lee joined R1 from healthcare revenue intelligence leader Cloudmed, where he served as Chief Executive Officer. Under his leadership Cloudmed consistently achieved over 30 percent annual revenue growth before it was acquired by R1 from New Mountain Capital in 2022. As President of R1, he led a successful post-transaction integration of Cloudmed, building a comprehensive revenue cycle platform on a foundation of commercial excellence, industry expertise, scalable technology, and intelligent automation.

Prior to Cloudmed, Lee was an executive at RELX, a global leader of information and data solutions. He held roles of increasing responsibility across operations, sales, and product management. His last role was General Manager and President of the healthcare segment, with responsibility for over $1 billion in revenue across the Elsevier and LexisNexis Risk Solutions divisions. Prior to RELX, he was an engagement manager with McKinsey & Company. He began his career as an officer of the U.S. Army.

Lee graduated from the United States Military Academy at West Point and currently serves on the academy’s Board of Advisors. He earned an MBA from Harvard Business School.

He lives in Atlanta, Georgia with his spouse and their two children.

What is Lee Rivas' net worth?

The estimated net worth of Lee Rivas is at least $1.03 million as of February 21st, 2023. Mr. Rivas owns 71,767 shares of R1 RCM stock worth more than $1,026,986 as of November 23rd. This net worth approximation does not reflect any other investments that Mr. Rivas may own. Additionally, Mr. Rivas receives a salary of $1,920,000.00 as CEO at R1 RCM. Learn More about Lee Rivas' net worth.

How old is Lee Rivas?

Mr. Rivas is currently 49 years old. There are 4 older executives and no younger executives at R1 RCM. Learn More on Lee Rivas' age.

What is Lee Rivas' salary?

As the CEO of R1 RCM Inc., Mr. Rivas earns $1,920,000.00 per year. Learn More on Lee Rivas' salary.

How do I contact Lee Rivas?

The corporate mailing address for Mr. Rivas and other R1 RCM executives is 401 NORTH MICHIGAN AVENUE SUITE 2700, CHICAGO IL, 60611. R1 RCM can also be reached via phone at (312) 324-7820 and via email at [email protected]. Learn More on Lee Rivas' contact information.

Has Lee Rivas been buying or selling shares of R1 RCM?

Lee Rivas has not been actively trading shares of R1 RCM during the past quarter. Most recently, on Tuesday, February 21st, Lee Rivas bought 71,767 shares of R1 RCM stock. The stock was acquired at an average cost of $13.93 per share, with a total value of $999,714.31. Following the completion of the transaction, the chief executive officer now directly owns 71,767 shares of the company's stock, valued at $999,714.31. Learn More on Lee Rivas' trading history.

Who are R1 RCM's active insiders?

R1 RCM's insider roster includes Richard Evans, Jr. (Insider), Michael Feiner (Director), Joseph Flanagan (CEO), John Henneman, III (Director), Gary Long (Insider), Alex Mandl (Director), Lee Rivas (CEO), and John Sparby (COO). Learn More on R1 RCM's active insiders.

Are insiders buying or selling shares of R1 RCM?

In the last year, insiders at the healthcare provider sold shares 1 times. They sold a total of 10,046 shares worth more than $143,959.18. The most recent insider tranaction occured on March, 7th when President John M Sparby sold 10,046 shares worth more than $143,959.18. Insiders at R1 RCM own 36.8% of the company. Learn More about insider trades at R1 RCM.

Information on this page was last updated on 3/7/2024.

Lee Rivas Insider Trading History at R1 RCM

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/21/2023Buy71,767$13.93$999,714.3171,767View SEC Filing Icon  
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Lee Rivas Buying and Selling Activity at R1 RCM

This chart shows Lee Rivas's buying and selling at R1 RCM by year and by quarter.

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R1 RCM Company Overview

R1 RCM logo
R1 RCM Inc. provides technology-driven solutions for the financial performance and patient experience of health systems, hospitals, and physician groups. It provides operating partnership/end-to-end solutions, which manages multiple aspects of the revenue cycle to realize financial leverage and revenue improvement for hospital and physician customers. The company also offers modular solutions, including functional partnership, an outsourcing solutions for improvements across targeted revenue cycle areas for hospital and physician group customers; revenue recovery, to fast-track payer and patient cash collections; revenue optimization, a solution to uncover missed or underreported revenue; clinical integrity, used to improve documentation and coding accuracy to maximize earned revenue for the services provided; and regulatory navigation, a compliance-first solutions for government reimbursement accuracy, pharmacy savings, and compliance. The company was incorporated in 2003 and is headquartered in Murray, Utah.
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Today's Range

Now: $14.31
Low: $14.31
High: $14.31

50 Day Range

MA: $14.23
Low: $14.13
High: $14.31

2 Week Range

Now: $14.31
Low: $8.87
High: $15.12

Volume

N/A

Average Volume

3,231,958 shs

Market Capitalization

$6.04 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.84