Performant Financial Corporation

07/22/2021 | Press release | Distributed by Public on 07/22/2021 09:06

Performant Financial Corporation Launches MSP Advantage

Livermore, Calif., July 22, 2021 - Performant Financial Corporation (Nasdaq: PFMT), (the 'Company'), a leading provider of technology-enabled recovery and related analytics services in the United States, is proud to announce the launch of its Medicare Secondary Payer (MSP)-focused suite of services, MSP Advantage. Through this comprehensive offering, the Company provides a new and differentiated approach to cost avoidance for Medicare Advantage (MA) plans.

'Building off the success of our previously launched premium accuracy offering, we created an entire suite of solutions that encompasses premium accuracy, cost avoidance, and recovery,' stated Simeon Kohl, SVP and GM, Healthcare for Performant. 'While regulations support other forms of health insurance coverage as primary to Medicare, third-party eligibility information is oftentimes inaccurate. By correcting inaccuracies and properly utilizing other coverage data, Medicare Advantage plans can maximize premium revenue and recover dollars from responsible parties.'

Click here to learn how you can restore plan premiums, enhance eligibility data accuracy, recover overpayments, and ensure compliance with the Centers for Medicare & Medicaid Services (CMS).

About Performant Financial Corporation

Performant helps government and commercial organizations enhance revenue and contain costs by preventing, identifying and recovering waste, improper payments and defaulted assets. Performant is a leading provider of these services in several industries, including healthcare, student loans and government. Performant has been providing recovery audit services for more than ten years to both commercial and government clients, including serving as a Recovery Auditor for the Centers for Medicare and Medicaid Services.
Powered by a proprietary analytic platform and workflow technology, Performant also provides professional services related to the recovery effort, including reporting capabilities, support services, customer care and stakeholder training programs meant to mitigate future instances of improper payments. Founded in 1976, Performant is headquartered in Livermore, California.

Contact Information
Richard Zubek
Investor Relations
[email protected]