Performant Introduces Performant Healthcare Solutions as New Trade Name
June 22 2022 - 4:00PM
Business Wire
Performant Financial Corporation (Nasdaq: PFMT) (“the Company”,
“Performant”), a leading provider of technology-enabled payment
integrity, eligibility, and related analytics services, today
announced a new dba name, Performant Healthcare Solutions, which
the Company will begin using immediately. There will be no changes
to the Company’s ticker symbol nor to its corporate structure
following this change.
“Historically speaking, healthcare has been a part of our DNA
since 2005 when we first engaged with the Centers for Medicare and
Medicaid on a demonstration program to determine if the RAC program
could be effectively used to identify improper payments for claims
paid under Medicare Part A and Part B,” stated President, Simeon
Kohl. “Today, healthcare accounts for the majority of our reported
revenues and 100% of the Company’s strategic growth initiatives.
Our decision to place our full attention and focus on the
healthcare industry leaves no doubt as to our future direction. We
are excited about this next chapter in Performant’s evolution and
look forward to updating you with our continued progress.”
To learn more about Performant Healthcare Solutions please visit
our website, www.performanthealth.com.
ABOUT PERFORMANT HEALTHCARE SOLUTIONS
Performant Healthcare Solutions is a leading provider of
technology-enabled audit, recovery, and analytics services in the
United States with a focus in the healthcare payment integrity
industry. Performant works with healthcare payers through claims
auditing and eligibility-based (also known as
coordination-of-benefits) services to identify improper payments.
The Company engages clients in both government and commercial
markets. The Company also has a call center which serves clients
with complex consumer engagement needs. Clients of the Company
typically operate in complex and highly regulated environments and
contract for their payment integrity needs in order to reduce
losses on improper healthcare payments.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220622005695/en/
Richard Zubek, Investor Relations Performant Financial
Corporation (925) 960-4988 investors@performantcorp.com
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