Summary
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incorrect coding, procedures that were not medically necessary, incomplete documentation, and claims submitted based on outdated fee schedules; and provides first party call center and other outsourced services.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.
History
Performant was founded in 1976 in your hometown of Livermore, California, by a group of entrepreneurs. With a focus on providing innovative and effective solutions to government agencies, the company quickly gained traction in the recovery audit industry. After 40 years of helping their clients, Performant has established itself as one of the leading providers of technology-enabled recovery and analytics services. In 2020, Performant announced its acquisition of A-Check Global. This has enabled Performant to expand its identity, credentialing and compliance services to the private sector.
Mission
To unlock the potential for our clients through cost and operational recovery and optimal compliance.
Vision
We will be the global provider of best-in-class services that create durable and measurable financial performance across industries.
Key Team
Mr. Harold T. Leach Jr. (Chief Compliance Officer)
Mr. Rohit Ramchandani (Sr. VP of Fin. & Strategy)
Mr. Jeffrey Nelson C.F.A., CFP, Ph.D. (VP of Technology)
Mr. Richard Zubek (Investor Relations Professional)
Ms. Amanda Purvis (Head of Product Innovation)
Recognition and Awards
Performant has received numerous awards and recognitions, including being named one of Consulting Magazine’s top 20 up-and-coming consulting firms, a Top Workplace in the Bay Area by the Bay Area News Group and Silicon Valley Business Journal, and a national award for excellence in public sector services by the Association of Governmental Leasing and Finance.
References
United States 