Market Capitalization (Millions $) |
267 |
Shares
Outstanding (Millions) |
78 |
Employees |
202 |
Revenues (TTM) (Millions $) |
121 |
Net Income (TTM) (Millions $) |
-8 |
Cash Flow (TTM) (Millions $) |
-10 |
Capital Exp. (TTM) (Millions $) |
7 |
Performant Financial Corporation
Performant Financial Corporation is a publicly traded company that offers technology-enabled recovery and related analytics services to both government and commercial clients in the United States. The company was founded in 1976 and is headquartered in Livermore, California.
The primary focus of Performant Financial Corporation is to help its clients optimize their financial performance by reducing costs, improving efficiency, and increasing revenue. This is achieved through a variety of services including debt recovery, audit and recovery services, data analytics, compliance consulting, and healthcare revenue cycle management.
The company has developed proprietary technology and analytics tools that it uses to identify and recover payments that clients are rightfully owed, but may have been overlooked or lost in various processes. Performant Financiales clients include federal, state, and municipal government agencies, as well as commercial clients such as healthcare providers, financial services companies, and schools.
Performant Financial Corporation also offers a range of back-end support services for its clients, such as outsourced customer service, data entry, and call center operations. This allows clients to shift their focus away from tedious administrative tasks and instead concentrate on their core business activities.
The companyes approach to business is driven by a commitment to compliance with all applicable laws and regulations, while maintaining transparency in all its relationships. Performant Financial Corporation has been recognized for this commitment through various industry awards and accolades, including recognition from Ernst & Young as the eEntrepreneur of the Yeare for the San Francisco Bay Area in 2012.
Overall, Performant Financial Corporation has demonstrated strong financial performance and consistent growth over the years, with a market capitalization of over $160 million (as of October 2021) and a workforce of over 1,700 employees. It remains focused on delivering value to its clients and shareholders by leveraging its expertise in technology, analytics, and compliance.
Company Address: 900 South Pine Island Road, Plantation 33324 FL
Company Phone Number: 960-4800 Stock Exchange / Ticker: NASDAQ PFMT
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