Performant Financial Corporation (PFMT) NASDAQ

3.56

-0.12(-3.26%)

Updated at December 17, 2024 04:00PM

Currency In USD

Performant Financial Corporation

Address

333 North Canyons Parkway

Livermore, CA 94551

United States of America (the)

Phone

925 960 4800

Sector

Industrials

Industry

Specialty Business Services

Employees

958

First IPO Date

August 10, 2012

Key Executives

NameTitlePayYear Born
Simeon KohlChief Executive Officer & Director346,8421967
Rohit RamchandaniChief Financial Officer271,3011991
Lisa C. ImExecutive Chairman & Secretary422,1991965
Melissa ChristChief People Officer0N/A
Marlene Mullen-ClaytonChief Medical Director0N/A
Michael FeidSenior Vice President of Eligibility & Recovery0N/A
Scott PutnamVice President of Sales0N/A
Ted DoyleSenior Vice President of Government Programs0N/A
Amanda PurvisSenior Vice President of Product Innovation0N/A
Christian BassSenior Vice President of Payment Integrity0N/A
Jon BozzutoHead of Investor Relations0N/A

Description

Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services to the clients in Federal guaranteed student loan program and private institutions; identifies and tracks defaulted borrowers across its clients' portfolios of student loans; rehabilitates and recovers past due student loans; provides tax recovery services to federal, state and municipal agencies; recovers government debt for various federal agencies; and offers audit and recovery services to identify improper healthcare payments for public and private healthcare clients. It also identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation, and claims submitted based on outdated fee schedules; and provides first party call center and other outsourced services. In addition, the company offers Performant Insight that provides various services, such as post- and pre-payment audit of healthcare claims, detection of fraud, waste and abuse of healthcare claims, coordination of benefits, and pharmacy fraud detection services. The company was formerly known as DCS Holdings, Inc. and changed its name to Performant Financial Corporation in 2005. Performant Financial Corporation was founded in 1976 and is headquartered in Livermore, California.