Performant Financial Corporation
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Simeon M. Kohl
- Full Time Employees
- 958
- Sector
- Industrials
- Industry
- Specialty Business Services
- Address
- 333 North Canyons Parkway Livermore CA United States of America 94551
- IPO Date
- Aug 10, 2012
- CIK
- 0001550695
- Website
- performantcorp.com
- Similar Companies
- Business
- Performant Financial Corporation delivers technology-enhanced audit, recovery, and sophisticated analytics solutions, primarily targeting the United States healthcare sector. The company's strategic focus has recently shifted to become a pure-play leader in healthcare payment integrity, leading to its upcoming change to Performant Healthcare, Inc. and new ticker symbol PHLT. Within this specialized area, it partners with both government and commercial health plans, leveraging advanced proprietary technology and analytical capabilities to identify, prevent, and reclaim improper payments and waste. Its core offerings include comprehensive claims auditing, spanning both pre- and post-payment reviews, along with coordination of benefits services designed to detect payment inaccuracies. The company is adept at pinpointing fraudulent activities, waste, and abuse resulting from issues such as incorrect coding, medically unnecessary procedures, insufficient documentation, or outdated fee schedules. Beyond core recovery, Performant Healthcare provides robust reporting, essential support services, and client training programs aimed at reducing future payment discrepancies. The firm operates on a success-based revenue model, aligning its financial incentives directly with its clients' recovered funds and cost containment achievements. Historically, the company offered a broader range of recovery services, including those for federal guaranteed student loans, private educational institutions, and various federal, state, and municipal tax and government debts; however, it has been actively transitioning away from these segments and its outsourced customer care business. In a recent strategic move in April 2024, the company enhanced its capabilities by acquiring key artificial intelligence technology assets from RecordsOne, bolstering its workflow efficiency and audit accuracy. Founded in 1976, Performant Financial Corporation is now headquartered in Plantation, Florida.
Performant Healthcare, Inc. Ticker Symbol Change to “PHLT”
Performant Announces Name Change to Performant Healthcare, Inc. – Concludes Strategic Shift to Healthcare
Performant Financial: In-Line Quarter And Outlook Despite Headwinds - Hold
Performant to Participate in the Noble Capital Markets 20th Annual Emerging Growth Equity Conference
Performant to Participate in the Craig-Hallum Alpha Select Conference
Performant Financial (PFMT) Reports Q3 Loss, Misses Revenue Estimates
Performant Financial Corporation to Report Third Quarter 2024 Earnings on November 6, 2024
Performant to Participate in September Investor Conferences
Performant Financial Corporation to Present at August 20th Virtual Investor Summit Microcap Event
Performant Financial: Decent Quarter But Further Progress Required
Performant Financial Corporation (PFMT) Q2 2024 Earnings Call Transcript
Performant to Participate in June Investor Conferences
Performant Financial Corporation (PFMT) Q1 2024 Earnings Call Transcript
Performant Financial Corporation to Report First Quarter 2024 Earnings on May 7, 2024
Performant Financial Corporation Acquires Artificial Intelligence Technology in Support of Its Scale Initatives
Performant Financial Corporation (PFMT) Q4 2023 Earnings Call Transcript
Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2023
Performant to Participate in the 36th Annual Roth Conference
Performant Financial Corporation Announces the Appointment of Dr. Shantanu Agrawal to Its Board of Directors
Performant Financial Corporation to Report Fourth Quarter and Full-year 2023 Earnings on March 12, 2024