Associated tags: Government, Health, Payments, Health Technology, Professional Services, Managed Care, Practice Management, Health insurance, Software, Data Management, Pay for performance (healthcare), Medicaid, Hospitals, Health Insurance, Finance, Medicare, Blues
Locations: UNITED STATES, NORTH AMERICA, CALIFORNIA, FLORIDA, CA
Managed Care,
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GAAP,
Pharmaceutical industry Healthcare revenues in the first quarter of 2024 were $25.8 million, an increase of approximately 13% from $22.9 million in the prior year period.
Key Points:
- Healthcare revenues in the first quarter of 2024 were $25.8 million, an increase of approximately 13% from $22.9 million in the prior year period.
- Within healthcare, claims-based services revenue in the first quarter of 2024 was $12.4 million, while revenue from eligibility-based services in the first quarter was $13.4 million.
- “The RecordsOne technology asset acquisition, plus strong financial and operational results in the first quarter, are encouraging for our longer term growth strategy,” said Rohit Ramchandani, Chief Financial Officer.
- The Company will hold a conference call to discuss its first quarter 2024 results today at 5:00 p.m. Eastern.
Software,
Managed Care,
General Health,
Professional Services,
Data Management,
Payments,
Technology,
Hospitals,
Health Technology,
Data Analytics,
Finance,
Health,
Medicare,
Government,
Event,
Eastern Time Zone Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the company will report its first quarter 2024 results after the market closes Tuesday May 7, 2024.
Key Points:
- Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the company will report its first quarter 2024 results after the market closes Tuesday May 7, 2024.
- The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
- Performant helps commercial healthcare and government payers enhance revenue and contain costs by identifying, preventing, and recovering waste, improper payments, and defaulted assets.
- Performant is a leading provider of these services in several markets, including Medicare, Medicaid, and commercial healthcare.
Technology,
Payments,
Finance,
Hospitals,
Professional Services,
Health Insurance,
Health,
Other Professional Services,
Artificial Intelligence,
Automation,
Product innovation,
Documentation,
Natural language processing,
Amanda Purvis,
Acquisition,
Senior,
COB,
Government,
Retail “This acquisition supports our strategic initiatives to increase scale and efficiency by leveraging technology to further automate historically labor-intensive activities.
Key Points:
- “This acquisition supports our strategic initiatives to increase scale and efficiency by leveraging technology to further automate historically labor-intensive activities.
- RecordsOne AI technology provides a unique approach to the claims intake process, which boosts audit accuracy and efficiency.
- Performant supports healthcare payers in identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and proprietary data assets.
- Performant also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs designed to mitigate future instances of improper payments.
Payments,
Health,
Technology,
Health Technology,
Practice Management,
General Health,
Customer service,
Growth,
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Bank statement,
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Medicaid,
Depreciation,
GAAP,
ID,
CMS,
Total,
Pharmaceutical industry Revenues from Customer Care / Outsourced Services in the fourth quarter were $1.4 million, compared to $3.1 million in the prior year period.
Key Points:
- Revenues from Customer Care / Outsourced Services in the fourth quarter were $1.4 million, compared to $3.1 million in the prior year period.
- Adjusted EBITDA for the fourth quarter was $4.5 million compared to $2.3 million in the prior year period.
- Revenues for the full year ended December 31, 2023 were $113.7 million, compared to revenues of $109.2 million in the prior year.
- The Company will hold a conference call to discuss its fourth quarter and full year 2023 results today at 5:00 p.m. Eastern.
General Health,
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Technology,
Hospitals,
Health Technology,
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Insurance,
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Health,
Conference,
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COB,
CFO Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 36th Annual Roth Conference that is being held in Laguna Niguel, CA on Monday March 18th.
Key Points:
- Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 36th Annual Roth Conference that is being held in Laguna Niguel, CA on Monday March 18th.
- Rohit Ramchandani, CFO, will be meeting with investors to share insights into the Company’s recent results, achievements, and strategies.
- If you are interested in scheduling a meeting, please reach out to your Roth representative.
- Performant supports healthcare payers in identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and proprietary data assets.
Technology,
Finance,
Hospitals,
Professional Services,
Practice Management,
Managed Care,
Health,
Data Analytics,
Data Management,
CMS,
Elevance Health,
Government,
Medicare,
ELV,
Health equity Performant Financial Corporation (Nasdaq: PFMT) (Performant), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, is proud to announce the appointment of Dr. Shantanu Agrawal, M.D.
Key Points:
- Performant Financial Corporation (Nasdaq: PFMT) (Performant), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, is proud to announce the appointment of Dr. Shantanu Agrawal, M.D.
- Dr. Agrawal brings a wealth of expertise and experience in healthcare policy and payment integrity.
- Prior to Elevance Health, Dr. Agrawal held numerous executive roles notably as the Deputy Administrator for the Centers for Medicare and Medicaid Services (CMS).
- Agrawal’s appointment to Performant’s board is another exciting milestone in our journey as a pureplay healthcare focused organization,” said Performant’s Chief Executive Officer Simeon Kohl.
Retrieved on:
Tuesday, February 27, 2024
Managed Care,
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Eastern Time Zone,
Event,
ID,
Medicare,
Government,
Telephone Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, 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 2023 results after the market closes Tuesday March 12, 2024.
Key Points:
- Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, 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 2023 results after the market closes Tuesday March 12, 2024.
- The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
- To join the conference call, you can either participate via telephone or receive a reminder to access the webcast by registering through this link .
- Performant is a leading provider of these services in several markets, including Medicare, Medicaid, and commercial healthcare.
Retrieved on:
Wednesday, November 8, 2023
Technology,
Payments,
Finance,
Health Technology,
Professional Services,
Health Insurance,
Practice Management,
General Health,
Health,
Data Management,
Pay for performance (healthcare),
CFO,
COB,
Government,
Conference,
Health insurance Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 14th Annual Craig-Hallum Alpha Select Conference that is being held in New York City on Thursday November 16th.
Key Points:
- Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 14th Annual Craig-Hallum Alpha Select Conference that is being held in New York City on Thursday November 16th.
- Rohit Ramchandani, CFO, will be meeting with investors to share insights into the Company’s recent results, achievements, and strategies.
- Performant provides technology-enabled audit, recovery, and analytics services in the United States to the healthcare industry.
- Performant works with healthcare payers through claims auditing and eligibility-based (also known as coordination-of-benefits, or COB) services to identify improper payments.
Retrieved on:
Tuesday, November 7, 2023
General Health,
Health Technology,
Health,
Practice Management,
Health care,
Government,
EBITDA,
GAAP,
Bank statement,
Government performance management,
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Medicaid,
Traction,
Depreciation,
CFO,
Pharmaceutical industry,
Video game,
Q3 Healthcare revenues in the third quarter of 2023 were $28.5 million, an increase of approximately 21% from $23.5 million in the prior year period.
Key Points:
- Healthcare revenues in the third quarter of 2023 were $28.5 million, an increase of approximately 21% from $23.5 million in the prior year period.
- Within healthcare, claims-based services revenue in the third quarter of 2023 was $10.3 million, while revenue from eligibility-based services in the third quarter was $18.2 million.
- “Our healthcare revenue enjoyed strong double-digit growth in the quarter led by commercial client growth," stated Simeon Kohl, CEO of Performant.
- The Company will hold a conference call to discuss its third quarter 2023 results today at 5:00 p.m. Eastern.
Retrieved on:
Wednesday, November 1, 2023
Technology,
Health,
Finance,
Professional Services,
Payments,
Practice Management,
Software,
Managed Care,
Hospitals,
Data Analytics,
Health Technology,
Fintech,
Health Insurance,
Data Management,
Well,
Wells Fargo,
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Medicare,
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CMS,
Bank,
Health insurance,
Pay for performance (healthcare),
Medicaid,
Blues Performant Financial Corporation (Nasdaq: PFMT) (Performant), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today the completion of a refinancing of its existing credit facility with a new credit facility with Wells Fargo that has a $25 million revolving loan commitment, subject to customary asset-based loan borrowing base limitations.
Key Points:
- Performant Financial Corporation (Nasdaq: PFMT) (Performant), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today the completion of a refinancing of its existing credit facility with a new credit facility with Wells Fargo that has a $25 million revolving loan commitment, subject to customary asset-based loan borrowing base limitations.
- “We are excited about this new commitment from Well Fargo and the anticipated savings of up to 100 basis points in interest expense, combined with a smaller debt footprint,” said Simeon Kohl, CEO at Performant.
- Performant is a leading provider of these services in several markets, including Medicare, Medicaid, and commercial healthcare.
- Performant has been providing healthcare recovery audit services for more than a decade and works with leading national payers, regional payers, and Blues plans.
