Performant Healthcare, Inc. supports payers in the healthcare industry by identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and proprietary data assets. The Company works with national and regional healthcare payers to provide eligibility-based, also known as coordination-of-benefits (COB), services as well as claims-based services. Its eligibility-based services involve identifying and recovering payments in situations where its client should not be the primary payer of healthcare claims because a member has other forms of insurance coverage, while its claims-based services include the audit and identification of improperly paid claims. The Company provides these services in both government and commercial healthcare markets. It also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs designed to mitigate future instances of improper payments.
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