Commercial Services and Supplies
Company Overview of Performant Recovery, Inc.
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
Livermore, CA 94551
Founded in 1976
Key Executives for Performant Recovery, Inc.
Chairman and Chief Executive Officer
Vice Chairman and Executive Vice President
Director and Principal of Parthenon Capital
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
Feb 12 13
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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