Performant Financial

Performant Financial Corp. engages in the provision of technology-enabled audit, recovery, customer care, and related analytics services. Its services help identify improper payments, and in some markets, restructure and recover delinquent or defaulted assets and improper payments for both government and private clients. The company was founded in 1976 and is headquartered in Livermore, CA.

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Performant Financial reports robust Q4 earnings, eyes growth opportunities

Performant Financial's Q4 2022 earnings call showcased strong financial performance, successful contract wins in the healthcare sector, and optimism for future growth. While challenges in contract rollout and revenue-margin balance exist, opportunities for expansion through commercial payer revenues and strategic partnerships are promising.

Performant Financial sees leadership change, revenue challenges in Q1

Performant Financial navigated leadership changes and revenue challenges in Q1 2023. The company demonstrated resilience with successful new program implementations and a focus on efficiency.
While facing revenue dips and high operating expenses, Performant Financial aims to recoup lost revenue and achieve its revenue targets for 2023. Strong leadership and a positive outlook signal growth potential.
Management's gratitude to stakeholders and focus on operational efficiency highlight Performant Financial's commitment to driving performance and achieving financial milestones.

Performant Financial reports solid Q2 growth amidst government contract challenges

Performant Financial demonstrated strong growth in healthcare and commercial segments, leveraging technology for efficiency and margin improvement.
While facing challenges in government contracts and negative EBITDA, the company remains optimistic about a rebound and operational adjustments.
Opportunities lie in the expanding Medicare market, margin enhancement through technology integration, and revenue guidance for 2023.
Overall, Performant Financial's performance in Q2 reflects resilience and strategic positioning for future growth and profitability.

Performant Financial reports robust Q3 earnings and secures key contracts

Performant Financial Corp. delivered strong financial performance in Q3, driven by robust revenue growth and operational efficiency gains.
The company's strategic focus on healthcare transformation and successful contract wins position it well for future growth and market leadership.
While facing challenges such as competition and regulatory risks, Performant Financial has opportunities to expand its market presence and drive innovation.
Overall, Performant Financial's Q3 earnings call reflects a positive outlook with a solid foundation for continued success and value creation for stakeholders.

Performant Financial reports robust Q4 performance and eyes healthcare growth

Performant Financial's Q4 2023 performance reflects strong revenue growth in healthcare and a focus on operational efficiency and technology enhancements.
The company's strategic investments and client-centric approach position it well for revenue expansion and achieving EBITDA targets in 2024.
Challenges include managing increased carrier utilization impact and sustaining commercial growth momentum while seizing opportunities in the healthcare sector.
Overall, Performant Financial's outlook for 2024 is optimistic, with a clear focus on driving growth through government and commercial initiatives.

Performant Financial (PFMT) reports robust Q1 growth and positive 2024 outlook

Performant Financial (PFMT) demonstrated strong revenue growth and operational performance in Q1 2024, driven by client-centric strategies and technological advancements.
While facing challenges in the healthcare sector and industry headwinds, the company showcased strengths in revenue diversification and operational efficiency through acquisitions.
Guidance for 2024 indicates a positive outlook for revenue growth and adjusted EBITDA, presenting opportunities for expansion and financial improvement in the coming year.

Performant Financial reports robust Q2 results and eyes federal growth

Performant Financial delivered strong Q2 results with revenue growth and positive EBITDA, driven by health care segment performance.
The company's emphasis on government contracts, security measures, and technology integration positions it for future growth.
Challenges like the Change Healthcare outage are being managed effectively to minimize operational impact.
Opportunities lie in expanding federal government business, achieving growth targets, and enhancing operational efficiency.

Performant Financial reports robust Q3 performance and strategic contract wins

Performant Financial's Q3 performance reflects growth in healthcare revenues and positive adjusted EBITDA, underpinned by strategic contract wins and operational focus.
While challenges like revenue mix fluctuations exist, the company's strengths in financial stability and market positioning offer a solid foundation for future success.
Opportunities lie in revenue diversification, operational enhancements, and leveraging recent contract wins to drive sustained growth and profitability.
Overall, PFMT's performance, strengths, and strategic outlook position them for continued success in the healthcare payment integrity market.

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Performant Healthcare, Inc. engages in the provision of technology-enabled audit, recovery, customer care, and related analytics services. Its services help identify improper payments, and in some markets, restructure and recover delinquent or defaulted assets and improper payments for both government and private clients. The company was founded in 1976 and is headquartered in Plantation, FL.

LIVERMORE, Calif.--( BUSINESS WIRE )--Performant Healthcare Solutions (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 the Medicare Secondary Payer (MSP) Recovery Audit contract also known as the Commercial Repayment Center (CRC) for a 6-year term consisting of one base year and five option years. The is a contingency fee contract; CMS pays Performant a percentage of overpayment recoveries returned to the Medicare Trust Fund. Performant has been the incumbent MSP CRC contractor since September 2017 and since then through the end of FY 2021 the Company has increased recoveries to the Medicare Trust Fund by nearly 340% per year.

Performant Healthcare Solutions Re-Awarded CMS Medicare Secondary Payer Commercial Repayment Center Contract

Performant Financial Corporation (NASDAQ:PFMT ) Q3 2022 Results Conference Call November 8, 2022 5:00 PM ET Company Participants Richard Zubek - Investor Relations Lisa Im - Chief Executive Officer Simeon Kohl - President Rohit Ramchandani - SVP of Finance and Strategy Conference Call Participants James Rush - Craig-Hallum Kyle Bauser - Lake Street Capital Kyle Bauser - Lake Street Capital Operator Good afternoon, ladies and gentlemen, and welcome to the Performant Financial Corp. Third Quarter 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.

Performant Financial Corporation (PFMT) Q3 2022 Earnings Call Transcript

Performant Financial Corporation Announces Financial Results for Third Quarter 2022

Performant Financial Corporation Awarded CMS RAC Region 2 Contract

Performant Financial Corporation to Report Third Quarter 2022 Earnings on November 8, 2022

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Healthcare Solutions (Nasdaq: PFMT), (Performant, the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced a new strategic engagement with Priority Health to provide a customized, end-to-end solution focused on all aspects of payment integrity. “We are excited to collaborate with Priority Health to deliver an industry-first enterprise integrity solution; one uniquely tail

Performant Announces Strategic engagement with Priority Health

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Healthcare Solutions (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that Rohit Ramchandani, SVP of Finance and Strategy, will participate in a fireside chat at the LifeSci Partners HealthTech Symposium on Wednesday, September 21, 2022 at 3:30pm ET. Register and access a live audio webcast of this event by visiting the investor relations section o

Performant Healthcare Solutions to Participate in LifeSci Partners HealthTech Symposium

LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Healthcare Solutions (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that Simeon Kohl, President, and Rohit Ramchandani, SVP of Finance and Strategy, will participate in the following investor conferences in August and September 2022: 12th Annual Midwest IDEAS Investor Conference on Thursday, August 25, 2022 at The Gwen in Chicago, IL. Performant'

Performant Healthcare Solutions to Participate in Upcoming Investor Conferences

Performant Financial Corporation. (NASDAQ:PFMT ) Q2 2022 Earnings Conference Call August 8, 2022 5:00 PM ET Company Participants Richard Zubek - IR Lisa Im - CEO Simeon Kohl - President Rohit Ramchandani - SVP of Finance and Strategy Conference Call Participants George Sutton - Craig-Hallum Kyle Bauser - Lake Street Capital Markets Operator Greetings, and welcome to the Performant Financial Corp. Second Quarter 2022 Earnings Call.

Performant Financial Corporation (PFMT) CEO Lisa Im on Q2 2022 Results - Earnings Call Transcript

LIVERMORE, Calif.--(BUSINESS WIRE)--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: Second Quarter Financial Highlights Total revenues of $25.7 million, compared to revenues of $32.8 million in the prior year peri

Performant Financial Corporation Announces Financial Results for Second Quarter 2022

LIVERMORE, Calif.--(BUSINESS WIRE)--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. The conference call can be accessed by dialing 877-704-4453 (domest

Performant Financial Corporation to Report Second Quarter 2022 Earnings on August 8, 2022

LIVERMORE, Calif.--(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 ou

Performant Introduces Performant Healthcare Solutions as New Trade Name

LIVERMORE, Calif.--(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 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 t

Performant to Participate in the 19th Annual Craig-Hallum Institutional Investor Conference

Performant Financial Corporation (NASDAQ:PFMT ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Richard Zubek - IR Lisa Im - CEO Simeon Kohl - President Rohit Ramchandani - SVP of Finance and Strategy Conference Call Participants Kyle Bauser - Lake Street Capital Markets George Sutton - Craig-Hallum Operator Good day and welcome to the Performant Financial Corp. First Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Performant Financial Corporation (PFMT) CEO Lisa Im on Q1 2022 Results - Earnings Call Transcript

LIVERMORE, Calif.--(BUSINESS WIRE)--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: First Quarter Financial Highlights Total revenues of $27.1 million, compared to revenues of $31.4 million in the prior year perio

Performant Financial Corporation Announces Financial Results for First Quarter 2022

LIVERMORE, Calif.--(BUSINESS WIRE)--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. The conference call can be accessed by dialing 844-826-3033 (domestic)

Performant Financial Corporation to Report First Quarter 2022 Earnings on May 9, 2022

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Performant Financial Corporation (PFMT) CEO Lisa Im on Q4 2021 Results - Earnings Call Transcript

LIVERMORE, Calif.--(BUSINESS WIRE)---- $PFMT #earnings--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: Fourth Quarter Financial Highlights Total revenues of $31.6 million, compared to $40.0 million in the prior year period, a decrease of 21% Healthcare revenues of $25.6 million, compared to $18.9 million

Performant Financial Corporation Announces Financial Results for Fourth Quarter and Full Year 2021; Simeon Kohl Promoted to President of Performant Financial

LIVERMORE, Calif.--(BUSINESS WIRE)--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 fourth quarter and full year 2021 results after the market closes on Tuesday, March 15, 2022. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day. The conference call can be accessed by dialing 877-7

Performant Financial Corporation to Report Fourth Quarter and Full Year 2021 Earnings on March 15, 2022

Performant Financial Corp (NASDAQ: PFMT) revealed the recent award of an IDIQ contract by the U.S. Department of Health and Human Services, Office of the Inspector General (HHS OIG). Financial terms were not disclosed.

Performant Secures HHS OIG IDIQ Contract For Medical Review, Consultative Services

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LIVERMORE, Calif.--(BUSINESS WIRE)--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 p

Performant Awarded HHS OIG IDIQ Contract for Medical Review and Consultative Services

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News for Performant Financial Stock (PFMT)