Performant Healthcare, Inc. (PHLT) Research

Performant Healthcare, Inc. delivers advanced technology solutions focused on ensuring payment accuracy, confirming eligibility, and providing related analytical insights. The company empowers healthcare payers to identify, prevent, and recover wasteful and improper payments by leveraging cutting-edge technology, sophisticated analytics, and proprietary data assets. Their service offerings encompass coordination-of-benefits as well as comprehensive claims services, which involve auditing and pinpointing incorrectly disbursed payments. Additionally, they furnish extensive reporting capabilities, client support, customer service, and training initiatives for stakeholders to proactively reduce future payment errors. Previously known as Performant Financial Corporation, the organization rebranded to Performant Healthcare, Inc. in December 2024. Founded in 1976, the company is based in Plantation, Florida.

Market snapshot

Symbol
PHLT
Price
$7.75
Day change
+0.26%
Market cap
$611.6M
P/E ratio
406.29x
52-week range
2.17-7.76
Sector
Technology
Industry
Information Technology Services
Analyst price target
$7.75

Peer companies

  • Arqit Quantum Inc. (ARQQ)
  • Grid Dynamics Holdings, Inc. (GDYN)
  • The Hackett Group, Inc. (HCKT)
  • IBEX Limited (IBEX)
  • LZ Technology Holdings Limited Class B Ordinary Shares (LZMH)
  • POET Technologies Inc. (POET)
  • Paysafe Limited (PSFE)
  • Sprout Social, Inc. (SPT)

Recent insider activity

  • Yanagi Eric — D-Return (3261675 shares) on 2025-10-21
  • Yanagi Eric — J-Other (381835 shares) on 2025-10-21
  • HANSEN WILLIAM DEAN — D-Return (464115 shares) on 2025-10-21
  • HANSEN WILLIAM DEAN — D-Return (35616 shares) on 2025-10-21
  • Im Lisa — D-Return (1229413 shares) on 2025-10-21

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