Hospital Terminates R1 Revenue Cycle Contract With $4M Loss
Humboldt General HospitalPublic Hospital · Winnemucca, NV- Disclosed value
- $4,000,000 loss on contract
- From agenda
- Document date
- Jun 22, 2021
- Term
- Relationship winddown ending 2021-12-31
The 30-second brief
Humboldt General Hospital is incurring a $4,000,000 one-time loss tied to terminating its revenue cycle management contract with R1, with the relationship winding down through December 31, 2021. The hospital is transitioning these functions to its internal revenue cycle team.
R1 holds this financial services contract with Humboldt General Hospital. Its other public contracts on record include work for Benewah Community Hospital and Ocean Beach Hospital.
Term as filed: Relationship winddown ending 2021-12-31.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $4,000,000 loss on contract
- Document date
- June 22, 2021
- Term
- Relationship winddown ending 2021-12-31
- Vendor
- R1
- Source document
- humboldt-general-hospital-board-meeting-agenda-june-22-2021_ec4.pdf (Agenda)
R1's other public contracts
More Humboldt General Hospital contracts
Questions about this contract
Who was awarded the financial services contract by Humboldt General Hospital?
R1 was awarded this financial services contract by Humboldt General Hospital, as recorded on June 22, 2021. The contract value is $4,000,000 loss on contract.
How much is the R1 contract with Humboldt General Hospital worth?
The R1 contract with Humboldt General Hospital is valued at $4,000,000 loss on contract, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in humboldt-general-hospital-board-meeting-agenda-june-22-2021_ec4.pdf (Agenda), dated June 22, 2021 from Humboldt General Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does R1 hold?
R1 may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Humboldt General Hospital currently buying?
Explore Humboldt General Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.