Company Performant Financial Corporation

Equities

PFMT

US71377E1055

Business Support Services

Market Closed - Nasdaq 04:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
2.68 USD -2.55% Intraday chart for Performant Financial Corporation +2.68% -14.24%

Business Summary

Performant Financial Corporation supports healthcare payers in identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and data assets. The Company works with national and regional healthcare payers to provide eligibility-based, also known as coordination-of-benefits (COB) services, as well as claims-based services, which includes the audit and identification of improperly paid claims. It also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs designed to mitigate future instances of improper payments. The Company offers these services in both government and commercial healthcare markets. It provides audit, eligibility, and recovery services to identify improper healthcare payments. The Company provides its services to government and private clients, such as private healthcare and Center for Medicare and Medicaid Services (CMS).

Number of employees: 958

Sales per Business

USD in Million2022Weight2023Weight Delta
Healthcare - Eligibility-based
53.8 %
53 48.8 % 61 53.8 % +14.82%
Healthcare - Claims-based
39.8 %
41 37.9 % 45 39.8 % +9.38%
Customer Care / Outsourced Services
6.4 %
14 13.1 % 7 6.4 % -49.11%
Recovery
0.0 %
0 0.2 % 0 0.0 % -86.31%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
109 100.0 % 114 100.0 % +4.18%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 12-01-31
Director of Finance/CFO - 13-12-31
Chairman 59 03-12-31
Chief Tech/Sci/R&D Officer - 21-04-22
Chief Tech/Sci/R&D Officer - -
Sales & Marketing - -
Corporate Officer/Principal - -
Human Resources Officer - 22-03-31
Comptroller/Controller/Auditor 69 04-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 12-04-30
Chairman 59 03-12-31
Director/Board Member 42 20-05-04
Director/Board Member 62 13-12-31
Chief Executive Officer 57 12-01-31
Director/Board Member 40 19-11-14
Director/Board Member - Feb. 29

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 76,920,460 65,466,930 ( 85.11 %) 0 85.11 %

Shareholders

NameEquities%Valuation
Prescott Group Capital Management LLC
20.53 %
15,793,291 20.53 % 46 M $
First Light Asset Management LLC
12.57 %
9,670,110 12.57 % 28 M $
BlackRock Advisors LLC
5.621 %
4,323,576 5.621 % 13 M $
Topline Capital Management LLC
5.048 %
3,882,824 5.048 % 11 M $
Vanguard Fiduciary Trust Co.
4.686 %
3,604,293 4.686 % 11 M $
Mill Road Capital Management LLC
4.644 %
3,571,883 4.644 % 11 M $
Punch & Associates Investment Management, Inc.
3.460 %
2,661,700 3.460 % 8 M $
First Eagle Investment Management LLC
2.788 %
2,144,387 2.788 % 6 M $
Mirador Capital Partners LP
2.595 %
1,995,795 2.595 % 6 M $
Parthenon Capital LLC
2.356 %
1,812,106 2.356 % 5 M $

Company contact information

Performant Financial Corp.

900 South Pine Island Road Suite 150

33324, Plantation

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http://www.performantcorp.com
address Performant Financial Corporation(PFMT)
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