Performant Healthcare, Inc. - Common Stock (PHLT)
Frequently Asked Questions About Performant Healthcare, Inc. - Common Stock (PHLT)
Does Performant Healthcare, Inc. operate in international markets?
While Performant Healthcare, Inc. primarily focuses on the U.S. healthcare market, it has explored opportunities to extend its services internationally. This strategy includes evaluating markets that may benefit from its expertise in payment integrity and healthcare analytics.
How can investors get updates about Performant Healthcare, Inc.?
Investors can stay updated on Performant Healthcare, Inc. by visiting the company's investor relations page on their website, where they can find press releases, financial reports, and upcoming events. Additionally, following the company on social media platforms and subscribing to newsletters can provide valuable information.
How does Performant Healthcare, Inc. ensure compliance with healthcare regulations?
Performant Healthcare, Inc. places a strong emphasis on compliance with healthcare regulations by implementing robust governance frameworks, conducting regular audits, and providing ongoing training for its staff. The company's processes are designed to meet the requirements of regulations such as HIPAA and Medicare guidelines.
How does Performant Healthcare, Inc. promote corporate social responsibility?
Performant Healthcare, Inc. promotes corporate social responsibility by engaging in community initiatives and supporting healthcare access for underserved populations. The company prioritizes ethical practices and aims to contribute positively to the healthcare ecosystem while advocating for better patient care.
Is Performant Healthcare, Inc. a publicly traded company?
Yes, Performant Healthcare, Inc. is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol PHLT. As a publicly traded entity, it is subject to regulatory requirements and must disclose financial information to its shareholders and the public.
What are Performant Healthcare, Inc.’s key differentiators?
Performant Healthcare, Inc. distinguishes itself through its deep expertise in payment integrity, innovative technology solutions, and a client-centered approach. The company’s commitment to data-driven methodologies allows it to achieve high recovery rates while maintaining regulatory compliance and protecting patient rights.
What are some of the recent developments or initiatives by Performant Healthcare, Inc.?
Recently, Performant Healthcare, Inc. has focused on enhancing its analytical capabilities and expanding its suite of services to address emerging challenges in the healthcare landscape, such as telehealth claims and variable reimbursement environments. Continuous improvement in technology and analytics remains central to its strategic initiatives.
What are the future growth opportunities for Performant Healthcare, Inc.?
Future growth opportunities for Performant Healthcare, Inc. include expanding its service offerings, particularly in areas of telehealth and value-based care, and enhancing its analytical capabilities. As healthcare continues to evolve, the company aims to adapt its solutions to meet emerging market needs and drive sustainable growth.
What does Performant Healthcare, Inc. do?
Performant Healthcare, Inc. is a data-driven healthcare solutions company that specializes in identifying and preventing fraud, waste, and abuse in healthcare programs. Using advanced analytics and technology, the company provides services such as recovery auditing, payment accuracy validation, and healthcare cost containment solutions to governmental and commercial health payers.
What financial metrics are important for understanding Performant Healthcare, Inc.'s performance?
Key financial metrics for assessing Performant Healthcare, Inc.'s performance include revenue growth, operating margins, earnings before interest, taxes, depreciation, and amortization (EBITDA), and cash flow from operations. Investors closely monitor these metrics to gauge financial health and operational efficiency.
What impact has COVID-19 had on Performant Healthcare, Inc.?
The COVID-19 pandemic impacted Performant Healthcare, Inc.'s operations as it prompted a shift in healthcare delivery and claims processing. The company adapted to these changes by enhancing its analytics for telehealth claims and supporting healthcare organizations in navigating new compliance challenges resulting from the pandemic.
What is Performant Healthcare, Inc.'s business model?
Performant Healthcare, Inc. operates on a business model that focuses on providing value-based solutions that enhance operational efficiency and financial integrity for healthcare organizations. The company utilizes a performance-based approach, where it gets compensated based on the effectiveness of its services in recovering improper payments.
What is the leadership structure of Performant Healthcare, Inc.?
Performant Healthcare, Inc. has a leadership structure that includes a diverse board of directors and an executive team with extensive experience in healthcare and technology. This leadership is tasked with providing strategic direction, operational oversight, and ensuring the company's goals are aligned with market demands and stakeholder expectations.
What services does Performant Healthcare, Inc. offer?
Performant Healthcare, Inc. offers a broad range of services designed to enhance payment integrity. These include claims auditing, fraud detection, eligibility verification, and analytical services that help health payers reduce losses associated with incorrect billing and overpayments.
What technologies does Performant Healthcare, Inc. use?
Performant Healthcare, Inc. employs advanced analytics, machine learning, and artificial intelligence technologies to improve its processes. By leveraging big data and predictive modeling, the company can identify patterns and anomalies that indicate fraud or waste, thus enhancing its capability to serve clients effectively.
When was Performant Healthcare, Inc. founded?
Performant Healthcare, Inc. was founded in 1976. Originally, the company focused on providing payment accuracy solutions, and over the decades, it has evolved and adapted its services to meet the changing regulatory and market environments in the healthcare sector.
Where is Performant Healthcare, Inc. headquartered?
Performant Healthcare, Inc. is headquartered in Livermore, California. The location is crucial for the company as it allows close collaboration with various healthcare stakeholders and access to a robust talent pool in technology and healthcare expertise.
Who are Performant Healthcare, Inc.'s competitors?
Performant Healthcare, Inc. faces competition from several companies in the healthcare auditing and payment integrity space, including Cotiviti, Optum, and Change Healthcare. Each competitor offers various services aimed at addressing healthcare fraud and optimizing reimbursement processes.
Who are the primary clients of Performant Healthcare, Inc.?
Performant Healthcare, Inc.'s primary clients include federal and state government health programs, private health insurance companies, and other healthcare organizations. They work with entities looking to ensure compliance, enhance financial performance, and improve patient care delivery.
What is the current price of Performant Healthcare, Inc. - Common Stock?
The current price of Performant Healthcare, Inc. - Common Stock is 7.640
When was Performant Healthcare, Inc. - Common Stock last traded?
The last trade of Performant Healthcare, Inc. - Common Stock was at 4:00 pm EDT on August 1st, 2025
What is the market capitalization of Performant Healthcare, Inc. - Common Stock?
The market capitalization of Performant Healthcare, Inc. - Common Stock is 430.93M
How many shares of Performant Healthcare, Inc. - Common Stock are outstanding?
Performant Healthcare, Inc. - Common Stock has 56.40M shares outstanding.