Performant Financial Corporation Announces Multi-Year RAC Award from New York State [Yahoo! Finance]
Performant Financial Corporation (PFMT)
Last performant financial corporation earnings: 3/17 04:05 pm
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US:NASDAQ Investor Relations:
investors.performantcorp.com/node/5806
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Source: Yahoo! Finance
technology-driven payment integrity, eligibility, and analytics services, is pleased to announce that it has been selected for tentative award of the New York State Medicaid Recovery Audit Contractor (RAC), with the NYS Office of the Medicaid Inspector General (OMIG). This award, following a rigorous competitive bidding process, spans up to five years and includes an initial three-year term with the possibility of two additional one-year extensions. Upon the successful execution of a contract, Performant will utilize its advanced technology and claims review services to perform post-payment assessments on select claims, aiming to identify and rectify any improper payments. "We are honored to bring nearly two decades of payment integrity experience to the New York State Medicaid Program. This award not only highlights our success in capturing business from long-standing industry incumbents, but it also represents our inaugural opportunity to serve this significant state Medicaid mark
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PFMT
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PFMT
Earnings
- 11/6/24 - In-Line
PFMT
Sec Filings
- 12/11/24 - Form 4
- 12/10/24 - Form 144
- 12/10/24 - Form 8-K
- PFMT's page on the SEC website