Type
Internal restructuring
Country
Lithuania
Region
Lietuva; Kauno apskritis;
Location of affected unit(s)
Kaunas
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

300 jobs
Number of planned job losses
Job loss
Announcement Date
16 December 2019
Employment effect (start)
1 January 2019
Foreseen end date

Description

R1 RCM (former Intermedix Lithuania), a subsidiary of the US healthcare services group Intermedix Corporation, is to dismiss around 300 employees in its service centre in Kaunas in 2020. In 2018, Intermedix’s healthcare division was acquired by R1 RCM, one of the leading providers of technology-enabled revenue cycle management services. Intermedix’s subdivision in Kaunas took over the name of the new owner in 2019. However, after several months of operation, it was reported that R1 RCM made a decision to change the strategy in Lithuania and to reduce the scope of activities there. According to the management, the possibility of suspending activities in Lithuania is not excluded. Currently the service centre in Kaunas employs 474 employees.

R1 RCM is a leading provider of technology-enabled revenue cycle management services across hospitals, health systems and physician groups. The company has 32 branches in the United States, Great Britain, New Zealand and Lithuania and employs more than 2,500 workers worldwide.


Sources

  • 16 December 2019: Verslo zinios (www.vz.lt)

Citation

Eurofound (2019), R1 RCM, Internal restructuring in Lithuania, factsheet number 99389, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99389.