• R1 RCM average return on tangible equity for 2023 was 3.41, a 158.89% decline from 2022.
• R1 RCM average return on tangible equity for 2022 was -5.79, a 103.14% decline from 2021.
• R1 RCM average return on tangible equity for 2021 was 184.12, a 1950.45% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.