---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-275354"
form_type: "8-K"
ticker: null
cik: "0001910851"
company_name: "R1 RCM Inc. /DE"
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:44:30.788316+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# R1 RCM to restate 2021, 2022, and Q1-Q2 2023 financials due to acquisition accounting errors

## Summary
- Errors: ~$7.8M (2022) and ~$8.4M (2021) in acquiree compensation costs misclassified as goodwill.
- Restatement covers audited FY2021-22 and unaudited Q1-Q2 2023; non-reliance on prior financials.
- No material impact on 2023 revenue ($2,255M-$2,275M) or adjusted EBITDA ($600M-$615M); reaffirmed.
- Material weakness identified in internal controls over business combination accounting.
- No cash impact, no misconduct or override of controls; errors proactively identified internally.

## SEC filing metadata
- accession: 0001193125-23-275354
- form_type: 8-K
- cik: 0001910851
- company_name: R1 RCM Inc. /DE
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1910851/000119312523275354/0001193125-23-275354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1910851/000119312523275354/d89873d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-275354
- JSON: https://secwatch.observer/filing/0001193125-23-275354.json
- Plain text: https://secwatch.observer/filing/0001193125-23-275354.txt

## Key facts
- Auditor Changes
  R1 RCM Inc. /DE reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Ernst & Young LLP
  source text: should not be relied upon due to the errors described above and need to be restated
  evidence_url: https://www.sec.gov/Archives/edgar/data/1910851/000119312523275354/0001193125-23-275354-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.