Performant Healthcare, Inc. (PHLT)
Performant Healthcare, Inc. operates in the Information Technology Services industry of the Technology sector, headquartered in Plantation, FL, US. The stock last traded at $7.75, up 0.26% on the session, giving a market capitalisation of $611.6M. On trailing twelve-month figures it carries a trailing P/E of 267.24, a net margin of 2.8%. Its beta of 0.69 implies it has historically moved less than the broad market.
Performant Healthcare, Inc. delivers advanced technology solutions focused on ensuring payment accuracy, confirming eligibility, and providing related analytical insights. The company empowers healthcare payers to identify, prevent, and recover wasteful and improper payments by leveraging cutting-edge technology, sophisticated analytics, and proprietary data assets. Their service offerings encompass coordination-of-benefits as well as comprehensive claims services, which involve auditing and pinpointing incorrectly disbursed payments. Additionally, they furnish extensive reporting capabilities, client support, customer service, and training initiatives for stakeholders to proactively reduce future payment errors. Previously known as Performant Financial Corporation, the organization rebranded to Performant Healthcare, Inc. in December 2024. Founded in 1976, the company is based in Plantation, Florida.
Performant Healthcare, Inc. is most often compared with the following Technology names: