About Performant Financial
Performant Financial is a company based in Livermore (United States) founded in 1976. The company has 964 employees as of December 31, 2024. Performant Financial has completed 2 acquisitions, including Premier Healthcare Exchange and Premiere Credit. Performant Financial offers products and services including Audit Advantage, Data Mining Advantage, MSP Advantage, TPL Advantage, and Recovery Advantage. Performant Financial operates in a competitive market with competitors including R1 RCM, Access Healthcare, Coronis Health, Sagility and Alpha II, among others.
- Headquarter Livermore, United States
- Employees 964 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Phone
Locked
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Website
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Social
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- Legal Name Performant Healthcare, Inc.
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Annual Revenue
$122.98 M (USD)8.12as on Dec 31, 2024
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Net Profit
-$9.89 M (USD)-31.6as on Dec 31, 2024
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EBITDA
-$2.57 M (USD)-539.15as on Dec 31, 2024
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Latest Funding Round
Not available
- Investors
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Employee Count
964
as on Dec 31, 2024
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Investments & Acquisitions
Premier Healthcare Exchange
& 1 more
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IPO & Listings of Performant Financial
Performant Financial is a publicly listed company on the NASDAQ with ticker symbol PHLT in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Performant Financial
Performant Financial offers a comprehensive portfolio of products and services, including Audit Advantage, Data Mining Advantage, MSP Advantage, TPL Advantage, and Recovery Advantage.
Identifies improper payments in healthcare claims.
Manages data to improve cost containment practices.
Validates other coverage for health plans.
Identifies primary coverage before Medicaid.
Recovers funds from overpayments efficiently.
People of Performant Financial
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Software Development Team
21 people
Leadership Team
13 people
Operations Team
8 people
Healthcare Team
5 people
Finance and Accounting
4 people
Sales and Marketing
4 people
Legal and Compliance
3 people
Recovery Team
1 people
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Funding Insights of Performant Financial
Investors in Performant Financial
Performant Financial has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mill Road Capital.
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Investor details for Performant Financial
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Investments & Acquisitions by Performant Financial
Performant Financial has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Premier Healthcare Exchange and Premiere Credit.
Investment portfolio details for Performant Financial
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Health insurance claims, networks, and payments are managed through software.
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Accounts receivable and debt management services are provided nationwide.
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Locked | Locked | 1999 | Locked |
Complete acquisition details for Performant Financial
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Financial Statements - Performant Financial
Detailed financials for Performant Financial
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- Profit trends
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Performant Financial Comparisons
Peer comparison for Performant Financial
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Competitors of Performant Financial
Performant Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as R1 RCM, Access Healthcare, Coronis Health, Sagility and Alpha II, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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End-to-end revenue cycle management is provided for healthcare organizations.
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Provider of revenue cycle management, BPO, IT, and finance and accounting services
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Provider of revenue cycle management services
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Healthcare outsourcing, revenue management, and technology solutions are provided.
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Coding, compliance, and revenue analysis platforms are provided for healthcare.
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Detailed competitors of Performant Financial
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Verified entity values are shown only after access is granted.
Latest news on Performant Financial
Complete news archive for Performant Financial
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Frequently Asked Questions about Performant Financial
Performant Financial was founded in 1976 and raised its 1st funding round 37 years after it was founded.
Performant Financial is headquartered in Livermore, United States. It is registered at Livermore, California, United States.
Lisa Im is the current CEO of Performant Financial.
As of Dec 31, 2024, the latest employee count at Performant Financial is 964.
Annual revenue of Performant Financial is $122.98M as on Dec 31, 2024.
Performant Financial was founded in 1976 and is headquartered in Livermore, United States. Operations are centered in the financial recovery sector, where services are offered for government obligations including student loans, tax collections, non-tax federal debts, healthcare claims, cost containment, and prepayment audits. These solutions are delivered to assist in obligation recovery across various federal programs.
Performant Financial's top competitors include R1 RCM, Access Healthcare and GeBBS.
Performant Financial offers Audit Advantage, Data Mining Advantage, MSP Advantage, TPL Advantage, and Recovery Advantage.
Yes, Performant Financial is publicly traded on NASDAQ under the ticker symbol PHLT.
Performant Financial has made 2 acquisitions, including Premier Healthcare Exchange, and Premiere Credit.
Performant Financial has 1 investor. Key investors include Mill Road Capital.
The ticker symbol of Performant Financial is PHLT on NASDAQ.