August 01, 2014 9:42 PM ET

Commercial Services and Supplies

Company Overview of Performant Recovery, Inc.

Company Overview

Performant Recovery, Inc. provides recovery and receivables collection services. It recovers and collects delinquent corporate and personal state income taxes, consumer and commercial medical receivables, and non-tax receivables. The company offers hosted solutions, such as Recovery Optimization System, a system that acts as a contact-management system for use in a financial asset recovery. Performant Recovery, Inc. also provides Medical Audit and Recovery System, a system for auditing medical records that offers auditors and quality assurance, provider support, and discussion and appeal support. The company serves government agencies, commercial lenders, and healthcare and financial institu...

333 North Canyons Parkway

Suite 100

Livermore, CA 94551

United States

Founded in 1976

Phone:

866-257-3596

Key Executives for Performant Recovery, Inc.

Chairman and Chief Executive Officer
Age: 49
President
Age: 56
Founder
Age: 71
Vice Chairman and Executive Vice President
Age: 63
Director and Principal of Parthenon Capital
Age: 41
Compensation as of Fiscal Year 2014.

Performant Recovery, Inc. Key Developments

Performant Recovery, Inc. Receives Contract from United States Department of Education to Serve as Department's Payment Recapture Contractor

Performant Financial Corporation announced that its subsidiary, Performant Recovery, Inc., has been awarded a contract by the United States Department of Education to serve as the Department's payment recapture contractor. Under the terms of this contract, Performant will leverage its proprietary data mining technology to conduct a payment recapture audit of goods and services contracted by the Department (excluding grants and student loans) for fiscal years 2007-2012, a portfolio totaling approximately $9 billion ($1.5 billion annually). Performant will identify, evaluate and report the root causes for contract overpayments and support the recovery of improper payments. The term of the contract is from January 2013 to January 2014.

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