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.
- 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.
- Under this national IDIQ contract, Performant will provide medical review and consultative services associated with the oversight activities of the OIG, primarily assessing services and claims for Medicare fee-for-service (FFS) payments for Part A and Part B. OIG may also utilize Performants services to assess services and claims for Medicaid or the Medicare Prescription Drug Plan (Part D).
- In addition to medical review of selected claims, Performant will provide support for auditee discussions or secondary reviews to assist HHS OIG in pursuing greater policy adherence, identifying improper payment vulnerabilities, and refining future industry communications and training.
- Performant has been providing recovery audit services for more than nine years to both commercial and government clients.