Performant Financial Corporation Announces the Appointment of Dr. Shantanu Agrawal to Its Board of Directors
March 06 2024 - 4:30PM
Business Wire
Performant Financial Corporation (Nasdaq: PFMT) (Performant),
primarily operating as Performant Healthcare Solutions, a leading
provider of technology-enabled payment integrity, eligibility, and
related analytics services, is proud to announce the appointment of
Dr. Shantanu Agrawal, M.D. to its Board of Directors. Dr. Agrawal
brings a wealth of expertise and experience in healthcare policy
and payment integrity.
As Chief Health Officer at Elevance Health (NYSE: ELV), Dr.
Agrawal oversees the whole health strategy, including medical
policy and clinical quality, as well as the community health
strategy and Elevance Health Foundation. Prior to Elevance Health,
Dr. Agrawal held numerous executive roles notably as the Deputy
Administrator for the Centers for Medicare and Medicaid Services
(CMS). It was during this tenure that Dr. Agrawal played an
instrumental role in shaping the CMS Recovery Audit Contract
program, a groundbreaking federal initiative addressing payment
integrity waste within healthcare.
“Dr. Agrawal’s appointment to Performant’s board is another
exciting milestone in our journey as a pureplay healthcare focused
organization,” said Performant’s Chief Executive Officer Simeon
Kohl. “His distinguished tenure with CMS has solidified his
reputation as an expert in payment integrity, healthcare policy and
health equity. His ability to innovate and effectively lead has
improved the healthcare system for all. We are thrilled to
integrate his expertise with our mission to address waste and
redirect resources toward improving patient care.”
“I am honored to align my passion for reducing waste and
improving health outcomes with Performant’s mission,” said Dr.
Agrawal. “Performant is in a unique position with their assets that
Simeon and the team has built; I look forward to helping accelerate
the company’s work.”
Dr. Agrawal’s appointment underscores Performant’s continued
dedication and success as a top-tier healthcare payment integrity
company.
ABOUT PERFORMANT HEALTHCARE SOLUTIONS
Performant helps commercial healthcare and government payers
enhance revenue and contain costs by identifying, preventing, and
recovering waste, improper payments, and defaulted assets.
Performant is a leading provider of these services in several
markets, including Medicare, Medicaid, and commercial healthcare.
Performant has been providing healthcare recovery audit services
for more than a decade and works with leading national payers,
regional payers, and Blues plans.
Powered by a proprietary analytics platform and workflow
technology, Performant also provides professional services related
to the recovery effort, including advanced 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 Plantation, Florida.
To learn more about Performant, please visit
https://www.performanthealthcare.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240306199908/en/
Jon Bozzuto, Investor Relations Performant Financial Corporation
(925) 960-4988 investors@performantcorp.com
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