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Performant Finl Corp SEC Filings

PHLT NASDAQ

Welcome to our dedicated page for Performant Finl SEC filings (Ticker: PHLT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

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Rhea-AI Summary

On June 18, 2025, Performant Healthcare, Inc. (Nasdaq: PHLT) held its 2025 Annual Meeting of Stockholders with an 86.58% quorum (67,801,465 shares present or represented). The meeting covered two routine governance items:

  • Election of three Class I directors—James LaCamp, Shantanu Agrawal, and Simeon M. Kohl—each received at least 93.7% of votes cast for, ensuring board continuity through the 2028 Annual Meeting.
  • Ratification of independent auditor—Baker Tilly US, LLP was confirmed for the fiscal year ending December 31, 2025 with 99.96% shareholder support (65,621,257 for; 13,650 against; 2,166,558 abstain).

No other business, financial results, or strategic actions were disclosed. The filing is limited to Item 5.07 voting results and does not signal any material operational or financial change.

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FAQ

What is the current stock price of Performant Finl (PHLT)?

The current stock price of Performant Finl (PHLT) is $4.11 as of July 1, 2025.

What is the market cap of Performant Finl (PHLT)?

The market cap of Performant Finl (PHLT) is approximately 321.8M.

What core services does Performant Healthcare Inc provide?

Performant Healthcare Inc offers payment integrity solutions that include claims auditing, fraud detection, cost containment strategies, and advanced data analytics to help healthcare payers optimize their claim processes.

Who are the primary clients of the company?

The company primarily serves healthcare payers such as health insurance companies, managed care organizations, and other entities involved in the claims processing ecosystem.

How does Performant Healthcare Inc generate revenue?

The company operates on a service-based model, generating revenue through subscription fees, performance-based contracts, and consulting engagements, all centered around ensuring claims integrity and cost recovery.

What technological solutions underpin its payment integrity services?

The company uses a blend of advanced analytics, real-time monitoring, and secure data integration platforms, combined with expert manual review processes, to deliver high-accuracy claims processing.

How does the company ensure compliance with evolving healthcare regulations?

Performant Healthcare Inc stays current with regulatory changes, integrating stringent compliance measures into its claims auditing and fraud detection processes to ensure that clients meet all legal and operational standards.

What sets Performant Healthcare Inc apart from its competitors?

Its unique approach is a hybrid model of cutting-edge technology and expert human oversight, providing a comprehensive solution that addresses both immediate payment discrepancies and long-term cost management challenges.

Can the company's solutions improve overall financial efficiency?

Yes, by minimizing erroneous claims and recovering lost funds, the company's services help healthcare payers enhance financial accuracy and operational efficiency, leading to better overall financial management.

How do the services of Performant Healthcare Inc benefit healthcare payers?

The services provided enable healthcare payers to reduce operational risks, manage costs effectively through proactive fraud detection, and ultimately achieve higher rates of claims accuracy, contributing to improved financial performance.
Performant Finl Corp

NASDAQ:PHLT

PHLT Rankings

PHLT Stock Data

321.85M
69.35M
8.1%
85.05%
1.28%
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