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Performant Healthcare, Inc. provides healthcare payment integrity services and was acquired by Machinify, Inc. in 2025.
Performant traces its roots to 1976, when it was founded as Diversified Collection Services to provide debt recovery and cost-containment for government programs. It later focused exclusively on healthcare payment integrity, held CMS Recovery Audit Contractor contracts and was renamed Performant Healthcare, Inc. in 2024. The company went public on NASDAQ under the ticker PFMT in 2012, raising $150 million. Machinify, Inc. acquired it in 2025 for $670 million.
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