Performant Awarded California Correctional Health Care Services Recovery Audit Contract
November 14 2017 - 8:30AM
Performant Financial Corporation (Nasdaq:PFMT) ("Performant" or
"the Company"), a leader in the identification and recovery of
improper payments in the Healthcare, Government and Student Loan
industries, today announced that it was awarded the California
Correctional Health Care Services (CCHCS) Post Payment Audit and
Recovery service contract.
CCHCS ensures access to medical care, for over 130,000 inmates
& juveniles processed through 35 facilities throughout the
State of California. Under the direction of CCHCS, Performant will
deploy its proprietary analytic technology and leverage its vast
audit and recovery resources to identify and recover improperly
billed healthcare claims.
“Performant is dedicated to providing results for our government
and commercial clients. We are honored to be selected and we look
forward to working in partnership with CCHCS in support of its
vital mission to safeguard its healthcare programs,” said Simeon
Kohl, Senior Vice President of Healthcare at Performant.
“Performant has a long history of providing leading revenue
integrity services across many industries and many government and
commercial clients. We look forward to continuing to provide
this high level of client service and proven results for the CCHCS
through this new opportunity,” said Jeff Haughton, Performant’s
President and Chief Operating Officer.
About Performant Financial
Corporation:
Performant helps government and commercial organizations enhance
revenue and contain costs by preventing, identifying and recovering
waste, improper payments and defaulted assets. Performant is a
leading provider of these services in several industries, including
healthcare, student loans and government. Performant has been
providing recovery audit services for more than nine years to both
commercial and government clients, including serving as a Recovery
Auditor for the Centers for Medicare and Medicaid Services.
Powered by a proprietary analytic platform and workflow
technology, Performant also provides professional services related
to the recovery effort, including reporting capabilities, support
services, customer care and stakeholder training programs meant to
mitigate future instances of improper payments. Founded in 1976,
Performant is headquartered in Livermore, California.
Contact InformationRichard ZubekInvestor
Relations925-960-4988investors@performantcorp.com
Performant Financial (NASDAQ:PFMT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Performant Financial (NASDAQ:PFMT)
Historical Stock Chart
From Apr 2023 to Apr 2024