Performant Financial Corporation Acquires Artificial Intelligence Technology in Support of Its Scale Initatives
“Performant’s proprietary technology has consistently differentiated us from our competitors and I’m excited to incorporate these new game changing capabilities,” said
Bacilio “Bac” Palomo, Chief Executive Officer at RecordsOne, emphasized the opportunity to combine technology with data and the alignment of missions and cultures, stating, “Throughout RecordsOne history, we have prioritized innovative approaches to mastering complex healthcare documentation to drive clinical and financial success for our clients. Leveraging Performant’s breadth of data and subject matter expertise will empower our technology to further drive successful outcomes. The mission-first and client-centric culture at Performant make it the ideal home for our people and technology.”
The acquisition represents a significant milestone for Performant, marking the first since announcing its commitment to becoming a pure-play healthcare company in 2021. By adding assets from RecordsOne, Performant reaffirms its status as a leader in driving technological advancements in healthcare payment integrity solutions.
ABOUT PERFORMANT HEALTHCARE SOLUTIONS
Performant supports healthcare payers in identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and proprietary data assets. Performant works with leading 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. Performant is a leading provider of these services in both government and commercial healthcare markets. Performant also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs designed to mitigate future instances of improper payments.
To learn more about Performant, please visit https://www.performantcorp.com.
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