Performant Healthcare, Inc. - Common Stock (PFMT)
Frequently Asked Questions About Performant Healthcare, Inc. - Common Stock (PFMT)
Does Performant Healthcare focus on any particular segments of the healthcare industry?
Performant Healthcare primarily focuses on segments involving revenue cycle management, particularly within government health programs such as Medicare and Medicaid, as well as the commercial sector. This enables the company to address unique challenges and regulations specific to each segment effectively.
Has Performant Healthcare gone public?
Yes, Performant Healthcare, Inc. is a publicly-traded company listed on the Nasdaq under the ticker symbol PFMT. The company made its public debut in 2021 as part of a merger with a special purpose acquisition company (SPAC), which helped it access capital for growth and expansion.
Has Performant received any industry recognition?
Performant has received several accolades and recognition within the healthcare industry for its innovative solutions and contributions to revenue integrity. The company is acknowledged for its commitment to compliance and its role in enhancing operational efficiencies for its clients, although specific awards may vary year by year.
How can clients and stakeholders contact Performant Healthcare?
Clients and stakeholders can easily reach Performant Healthcare through its official website, where they can find contact information, service details, and resources. Additionally, Performant provides customer support and outreach services to ensure effective communication with all stakeholders.
How does Performant ensure compliance within healthcare systems?
Performant Healthcare ensures compliance through rigorous audits, regular assessments of regulatory adherence, and continuous monitoring of evolving healthcare regulations. The company relies on its expert team of healthcare compliance specialists and advanced technology solutions to help clients align their processes with industry standards and government regulations.
How does Performant impact healthcare costs?
By identifying inefficiencies and preventing improper payments, Performant directly impacts healthcare costs by promoting financial integrity and ensuring that funds are used appropriately. This helps reduce waste in the healthcare system, ultimately resulting in lower costs for providers and payers alike.
What are the considerations for investing in Performant Healthcare, Inc.?
When considering an investment in Performant Healthcare, Inc., potential investors should evaluate the company’s growth prospects, financial health, competitive position in the market, and recent performance on the stock market. It is also crucial to understand the broader trends in healthcare and revenue cycle management that may impact the company's future performance.
What does Performant Healthcare, Inc. do?
Performant Healthcare, Inc. is a specialized healthcare consulting company that provides revenue integrity and recovery audit services for government and commercial payers. The company focuses on identifying and eliminating wasteful spending in healthcare processes, optimizing revenue, and ensuring compliance. By leveraging advanced technology and data analytics, Performant aims to improve operational efficiencies within healthcare organizations.
What is Performant's approach to technology?
Performant employs cutting-edge technology that includes data analytics, cloud-based solutions, and advanced automation tools. This enables the company to provide efficient, scalable services while offering deep insights into healthcare operations, allowing clients to make informed decisions based on real-time data.
What is Performant's primary focus?
Performant's primary focus is on enhancing revenue integrity and reducing waste in healthcare spending. The company works with a variety of clients, including government bodies, commercial payers, and healthcare providers, to ensure that resources are used efficiently and effectively within the healthcare system.
What is the company's vision for the future?
Performant's vision is to be a leading provider of cutting-edge solutions in healthcare revenue integrity. The company aims to continuously innovate its services and technology to better meet the changing needs of its clients, while promoting accountability and efficiency in the healthcare system.
What is the significance of the ticker symbol PFMT?
The ticker symbol PFMT represents Performant Healthcare on the Nasdaq, where it trades publicly. Ticker symbols are unique identifiers for publicly traded companies, making it easier for investors to track performance and trade shares of the company on stock exchanges.
What recent developments has Performant experienced?
Recently, Performant has focused on expanding its service offerings and enhancing its technological capabilities through strategic partnerships and acquisitions. The company continues to innovate in the healthcare analytics space, aiming to provide even more comprehensive solutions to its clients.
What role does data analytics play in Performant's services?
Data analytics is at the core of Performant's services, enabling the company to analyze large volumes of healthcare data to identify patterns, discrepancies, and areas for potential recovery. This analytical approach enhances the accuracy and efficiency of audits, ensuring that clients benefit from precise insights and well-informed decision-making.
What services does Performant offer?
Performant Healthcare offers a range of services including revenue recovery audits, program integrity solutions, eligibility verification, and custom analytics services. The company utilizes advanced technology tools and sophisticated data analysis to pinpoint areas for financial recovery and operational improvement for its clients.
What sets Performant apart from its competitors?
Performant distinguishes itself through its innovative use of technology and analytics in the healthcare sector. The company's commitment to leveraging data-driven strategies allows it to identify and address issues more effectively than traditional methods, providing greater value to clients while driving healthcare sustainability.
When was Performant Healthcare, Inc. founded?
Performant Healthcare, Inc. was founded in 1976. Since its inception, the company has evolved from its initial focus to become a leader in the healthcare revenue recovery market, adapting to changing healthcare dynamics and introducing innovative solutions.
Where is Performant Healthcare, Inc. located?
Performant Healthcare, Inc. is headquartered in Livermore, California. Its central location allows the company to effectively serve clients across the United States and maintain a strong presence in the healthcare industry, particularly in revenue cycle management.
Who are Performant's main clients?
Performant's main clients include government agencies, commercial health insurers, and healthcare providers. The company’s services are designed to help these entities optimize their financial performance by auditing and recovering funds associated with healthcare claims, payments, and operations.
What is the current price of Performant Healthcare, Inc. - Common Stock?
The current price of Performant Healthcare, Inc. - Common Stock is 3.560
When was Performant Healthcare, Inc. - Common Stock last traded?
The last trade of Performant Healthcare, Inc. - Common Stock was at 4:00 pm EST on December 17th, 2024
What is the market capitalization of Performant Healthcare, Inc. - Common Stock?
The market capitalization of Performant Healthcare, Inc. - Common Stock is 200.80M
How many shares of Performant Healthcare, Inc. - Common Stock are outstanding?
Performant Healthcare, Inc. - Common Stock has 56.40M shares outstanding.