Performant Healthcare, Inc. provides technology-enabled payment integrity, eligibility, and related analytics services. It supports healthcare payers in identifying, preventing, and recovering waste and improper payments through advanced technology, analytics, and proprietary data assets. The company offers coordination-of-benefits 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 to mitigate future instances of improper payments. The company was formerly known as Performant Financial Corporation and changed its name to Performant Healthcare, Inc. in December 2024. Performant Healthcare, Inc. was founded in 1976 and is headquartered in Plantation, Florida.
Research context
Performant Financial Corporation appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Healthcare
- Industry
- Health Information Services
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Performant Financial Corporation is currently in a long term uptrend where the price is trading 93.6% above its 200 day moving average.
From a valuation standpoint, the stock is 98.1% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.0.
Performant Financial Corporation's total revenue sank by 8.6% to $40M since the same quarter in the previous year.
Its net income has increased by 196.3% to $4M since the same quarter in the previous year.
Finally, its free cash flow grew by 167.3% to $2M since the same quarter in the previous year.
Based on the above factors, Performant Financial Corporation gets an overall score of 4/5.