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Articles from Performant Financial Corporation

Performant Announces Name Change to Performant Healthcare, Inc. – Concludes Strategic Shift to Healthcare
Performant Financial Corporation (Nasdaq: PFMT) today announced it has changed its name to Performant Healthcare, Inc. (“Performant” or the “Company”), and plans to update its ticker symbol to PHLT. The name change and new ticker symbol will not impact the Company’s operations, management or structure.
By Performant Financial Corporation · Via Business Wire · December 10, 2024
Performant to Participate in the Noble Capital Markets 20th Annual Emerging Growth Equity Conference
Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the Noble Capital Markets 20th Annual Emerging Growth Equity Conference, taking place in Boca Raton on Tuesday, December 3rd.
By Performant Financial Corporation · Via Business Wire · November 26, 2024
Performant to Participate in the Craig-Hallum Alpha Select Conference
Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 15th Annual Craig-Hallum Alpha Select Conference, taking place in New York City on Tuesday, November 19th.
By Performant Financial Corporation · Via Business Wire · November 12, 2024
Performant Financial Corporation Announces Financial Results for Third Quarter 2024
Performant Financial Corporation (Nasdaq: PFMT), a leading provider of healthcare payment integrity services, today reported the following financial results for its third quarter ended September 30, 2024:
By Performant Financial Corporation · Via Business Wire · November 6, 2024
Performant Financial Corporation to Report Third Quarter 2024 Earnings on November 6, 2024
Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the company will report its third quarter 2024 results after the market closes Wednesday November 6, 2024. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
By Performant Financial Corporation · Via Business Wire · October 23, 2024
Performant Financial Corporation Announces Multi-Year RAC Award from New York State
Performant Financial Corporation (Nasdaq: PFMT) ("Performant" or "the Company"), a leader in technology-driven payment integrity, eligibility, and analytics services, is pleased to announce that it has been selected for tentative award of the New York State Medicaid Recovery Audit Contractor (RAC), with the NYS Office of the Medicaid Inspector General (OMIG). This award, following a rigorous competitive bidding process, spans up to five years and includes an initial three-year term with the possibility of two additional one-year extensions. Upon the successful execution of a contract, Performant will utilize its advanced technology and claims review services to perform post-payment assessments on select claims, aiming to identify and rectify any improper payments.
By Performant Financial Corporation · Via Business Wire · September 5, 2024
Performant to Participate in September Investor Conferences
Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the following conferences in September:
By Performant Financial Corporation · Via Business Wire · August 22, 2024
Performant Financial Corporation Announces Financial Results for Second Quarter 2024
Performant Financial Corporation (Nasdaq: PFMT), a leading provider of healthcare payment integrity services, today reported the following financial results for its second quarter ended June 30, 2024:
Performant Financial Corporation to Report Second Quarter 2024 Earnings on August 7, 2024
Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the company will report its second quarter 2024 results after the market closes Wednesday August 7, 2024. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant to Participate in June Investor Conferences
Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the following conferences in June:
Performant Financial Corporation Announces Financial Results for First Quarter 2024
Performant Financial Corporation (Nasdaq: PFMT), a leading provider of healthcare payment integrity services, today reported the following financial results for its first quarter ended March 31, 2024:
Performant Financial Corporation to Report First Quarter 2024 Earnings on May 7, 2024
Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the company will report its first quarter 2024 results after the market closes Tuesday May 7, 2024. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant Financial Corporation Acquires Artificial Intelligence Technology in Support of Its Scale Initatives
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, today announced the strategic acquisition of key AI technology assets from RecordsOne, a technology company specializing in natural language processing and advanced domain analytics to enhance cost containment workflows within the healthcare sector.
Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2023
Performant Financial Corporation (Nasdaq: PFMT), a leading provider of healthcare payment integrity services, today reported the following financial results for its fourth quarter and full year ended December 31, 2023:
Performant to Participate in the 36th Annual Roth Conference
Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 36th Annual Roth Conference that is being held in Laguna Niguel, CA on Monday March 18th.
Performant Financial Corporation Announces the Appointment of Dr. Shantanu Agrawal to Its Board of Directors
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.
Performant Financial Corporation to Report Fourth Quarter and Full-year 2023 Earnings on March 12, 2024
Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the company will report its fourth quarter and full-year 2023 results after the market closes Tuesday March 12, 2024. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
By Performant Financial Corporation · Via Business Wire · February 27, 2024
Performant to Participate in the 14th Annual Craig-Hallum Alpha Select Conference
Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 14th Annual Craig-Hallum Alpha Select Conference that is being held in New York City on Thursday November 16th.
By Performant Financial Corporation · Via Business Wire · November 8, 2023
Performant Financial Corporation Announces Financial Results for Third Quarter 2023
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity industry, today reported the following financial results for its third quarter ended September 30, 2023:
By Performant Financial Corporation · Via Business Wire · November 7, 2023
Performant Financial Corporation Announces Completion of Debt Refinancing
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, announced today the completion of a refinancing of its existing credit facility with a new credit facility with Wells Fargo that has a $25 million revolving loan commitment, subject to customary asset-based loan borrowing base limitations. The Company may also increase commitments under the new credit facility by an additional $10 million, subject to obtaining commitments from lenders and subject to certain other conditions.
By Performant Financial Corporation · Via Business Wire · November 1, 2023
Performant Financial Corporation to Report Third Quarter 2023 Earnings on November 7, 2023
Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the company will report its third quarter 2023 results after the market closes Tuesday November 7, 2023. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
By Performant Financial Corporation · Via Business Wire · October 25, 2023
Performant Financial Corporation Awarded New York State Medicaid RAC Contract
Performant Financial Corporation (Nasdaq: PFMT) (Performant or the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced that New York State’s Office of the Medicaid Inspector General (OMIG) awarded Performant its 2023 Recovery Audit Contractor (RAC) contract following an open and competitive procurement process. This contract will run for five years, consisting of an initial three-year term, and two one-year renewals. Leveraging advanced algorithms and sophisticated reviews, Performant’s best-in-class team will conduct post-payment assessments on designated claims to pinpoint and rectify improper payments.
By Performant Financial Corporation · Via Business Wire · October 4, 2023
Performant to Participate in CAQH Connect 2023 Conference
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced that it will host a special presentation at the CAQH Connect 2023 Conference.
By Performant Financial Corporation · Via Business Wire · September 25, 2023
Performant to Participate in the 7th Annual Lake Street Best Ideas Growth Conference
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 7th Annual Lake Street Capital Markets Best Ideas Growth Conference that is being held in New York City on September 14th.
By Performant Financial Corporation · Via Business Wire · September 7, 2023
Performant Financial Corporation Announces Financial Results for Second Quarter 2023
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity industry, today reported the following financial results for its second quarter ended June 30, 2023:
Performant Financial Corporation to Report Second Quarter 2023 Earnings on August 8, 2023
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company will report its second quarter 2023 results after the market closes on Tuesday, August 8, 2023. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant Financial Corporation Set to Join Russell 3000® Index
Performant Financial Corporation (Nasdaq: PFMT) (Performant Healthcare Solutions, the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19.
Performant Financial Corporation Announces Executive Leadership Transitions
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that effective May 5th, Simeon Kohl has been promoted to the position of Chief Executive Officer and a member of Performant’s Board of Directors. Lisa Im, the Company’s previous CEO, will continue in her role as Board Chair.
Performant Financial Corporation Announces Financial Results for First Quarter 2023
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity industry, today reported the following financial results for its first quarter ended March 31, 2023:
Performant Financial Corporation to Report first Quarter 2023 Earnings on May 9, 2023
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company will report its first quarter 2023 results after the market closes on Tuesday, May 9, 2023. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2022
Performant Financial Corporation (Nasdaq: PFMT), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States, with a focus in the healthcare payment integrity industry, today reported the following financial results for its fourth quarter and full year ended December 31, 2022:
Performant Financial Corporation to Report Fourth Quarter 2022 Earnings on March 14, 2023
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company will report its third quarter 2022 results after the market closes on Tuesday, March 14, 2023. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant Financial Corporation Announces Financial Results for Third Quarter 2022
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today reported the following financial results for its third quarter ended September 30, 2022:
By Performant Financial Corporation · Via Business Wire · November 8, 2022
Performant Financial Corporation Awarded CMS RAC Region 2 Contract
Performant Financial Corporation (Nasdaq: PFMT), (“Performant”, “the Company”), a leading provider of technology-enabled payment integrity, eligibility and related analytics services, today announced that the Centers for Medicare and Medicaid (CMS) awarded Performant an 8.5 year contract to serve as the Region 2 Recovery Audit Contractor (RAC). This contract was initially awarded via a full-and-open competitive procurement on March 24, 2022 and following a voluntary corrective action process that was initiated by CMS, the agency re-affirmed its initial award determination, that Performant’s proposal represents the best value for the Government.
By Performant Financial Corporation · Via Business Wire · November 2, 2022
Performant Financial Corporation to Report Third Quarter 2022 Earnings on November 8, 2022
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company will report its third quarter 2022 results after the market closes on Tuesday, November 8, 2022. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
By Performant Financial Corporation · Via Business Wire · November 1, 2022
Performant Financial Corporation Announces Financial Results for Second Quarter 2022
Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today reported the following financial results for its second quarter ended June 30, 2022:
Performant Financial Corporation to Report Second Quarter 2022 Earnings on August 8, 2022
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company will report its second quarter 2022 results after the market closes on Monday, August 8, 2022. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant Introduces Performant Healthcare Solutions as New Trade Name
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.
Performant to Participate in the 19th Annual Craig-Hallum Institutional Investor Conference
Performant Financial Corporation (Nasdaq: PFMT) (“the Company”, “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced that it will participate in the 19th Annual Craig-Hallum Institutional Investor Conference being that is being held virtually on June 1st. Simeon Kohl, President and Rohit Ramchandani, Senior Vice President of Finance and Strategy will be meeting with investors throughout the day.
Performant Financial Corporation Announces Financial Results for First Quarter 2022
Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today reported the following financial results for its first quarter ended March 31, 2022:
Performant Financial Corporation to Report First Quarter 2022 Earnings on May 9, 2022
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company will report its first quarter 2022 results after the market closes on Monday, May 9, 2022. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2021; Simeon Kohl Promoted to President of Performant Financial
Performant Financial Corporation (Nasdaq: PFMT), a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its fourth quarter and full year ended December 31, 2021:
Performant Awarded HHS OIG IDIQ Contract for Medical Review and Consultative Services
Performant Financial Corporation (Nasdaq: PFMT) (Performant, the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that on January 4, 2022, the U.S. Department of Health and Human Services, Office of the Inspector General (HHS OIG) awarded Performant the indefinite delivery, indefinite quantity (IDIQ) contract, with a base term of one year and four additional 1-year options, to provide medical review and consultative services. This contract was awarded via a full-and-open competitive procurement.
By Performant Financial Corporation · Via Business Wire · February 8, 2022
Performant Financial Corporation Announces $35MM Debt Refinancing
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today announced that it has entered into a new credit agreement with MUFG Union Bank that provides the Company with up to $35 million in debt financing through a combination term loan and revolving credit facility.
By Performant Financial Corporation · Via Business Wire · December 20, 2021
Performant Financial Corporation Announces Financial Results for Third Quarter 2021
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today reported the following financial results for its third quarter ended September 30, 2021:
By Performant Financial Corporation · Via Business Wire · November 9, 2021
Performant Financial Corporation to Report Third Quarter 2021 Earnings on November 9, 2021
Performant Financial Corporation (Nasdaq:PFMT), a provider of technology-enabled recovery and related analytics services, will report its third quarter 2021 results after the market closes on Tuesday, November 9, 2021. The company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
By Performant Financial Corporation · Via Business Wire · November 2, 2021
Performant Financial Corporation to Participate in Colliers 2021 Institutional Investor Conference
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today announced that Lisa Im, CEO; Simeon Kohl, SVP and GM of Healthcare; and Rohit Ramchandani, SVP of Finance and Strategy will participate in the upcoming Colliers 2021 Institutional Investor Conference on September 9, 2021.
By Performant Financial Corporation · Via Business Wire · August 31, 2021
Performant Financial Corporation Announces Pricing of Public Offering of Common Stock
Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today announced the pricing of an underwritten registered public offering of up to 10,525,000 shares of its common stock at a price to the public of $3.80 per share.
By Performant Financial Corporation · Via Business Wire · August 18, 2021
Performant Financial Corporation Announces Proposed Public Offering of Common Stock
Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today announced that it has commenced a proposed underwritten registered public offering of shares of its common stock.
By Performant Financial Corporation · Via Business Wire · August 17, 2021
Performant Financial Corporation Announces Financial Results for Second Quarter 2021
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today reported the following financial results for its second quarter ended June 30, 2021:
By Performant Financial Corporation · Via Business Wire · August 10, 2021
Performant Financial Corporation to Report Second Quarter 2021 Earnings on August 10, 2021
Performant Financial Corporation (Nasdaq:PFMT), a provider of technology-enabled recovery and related analytics services, will report its second quarter 2021 results after the market closes on Tuesday, August 10, 2021. The company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant Financial Corporation set to join Russell Microcap® Index
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled recovery and related analytics services in the United States, is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28th, according to a preliminary list of additions posted June 4.
Performant Financial Corporation Announces Financial Results for First Quarter 2021
Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled recovery and related analytics services in the United States, today reported the following financial results for its first quarter ended March 31, 2021:
Performant Financial Corporation to Report First Quarter 2021 Earnings on May 13, 2021
Performant Financial Corporation (Nasdaq:PFMT), a provider of technology-enabled recovery and related analytics services, will report its first quarter 2021 results after the market closes on Thursday, May 13, 2021. The company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
Performant Financial Corporation Hires Amanda Purvis to Lead the Company’s Product Innovation Efforts
Performant Financial Corporation (Nasdaq: PFMT), (“the Company”), a leading provider of technology-enabled cost containment and related analytics services, today announced that Amanda Purvis has joined the Company as its head of Product Innovation. In this new role, Amanda will utilize her vast healthcare Payment Integrity experience to further Performant’s growth, through expanding strategic partnerships, exploring adjacent markets for the company’s diverse offerings and leading the introduction of new or enhanced products.
Performant Financial Corporation Re-Awarded CMS RAC Region 1 Contract
Performant Financial Corporation (Nasdaq: PFMT), (“Performant”, “the Company”), a leading provider of technology-enabled payment integrity, eligibility and related analytics services, today announced that on March 26, 2021, the Centers for Medicare and Medicaid (CMS) awarded Performant an 8.5 year contract to serve as the Region 1 Recovery Audit Contractor (RAC). This contingency fee contract was awarded via a full-and-open competitive procurement.