What is Performant Healthcare?
Performant Financial Corporation, formerly DCS Holdings, Inc., is a United States-based entity specializing in technology-enabled recovery and advanced analytics services. Founded in 1976 and headquartered in Livermore, the company assists government and private sector clients in identifying and recovering delinquent assets and improper payments. Its comprehensive service portfolio includes recovery services for guaranty agencies and private institutions, audit and recovery for healthcare payment integrity, tax recovery for state and municipal agencies, and risk management advisory to proactively manage loan portfolios and mitigate default risks.
How much funding has Performant Healthcare raised?
Performant Healthcare has raised a total of $116M across 2 funding rounds:
Stock Offering
$81M
Debt
$35M
Stock Issuance/Offering (2012): $81M, investors not publicly disclosed
Debt (2021): $35M led by MUFG Union Bank N.A
Key Investors in Performant Healthcare
MUFG Union Bank N.A
MUFG Union Bank NA is a banking institution that operates within the financial services sector, likely providing debt financing solutions to established companies.
What's next for Performant Healthcare?
The recent major strategic investment, coupled with the overall enterprise-level funding context, suggests Performant Healthcare is poised for significant expansion and potentially the development of new service offerings or market penetration strategies. This capital infusion is likely to fuel further innovation in their analytics capabilities and bolster their efforts to serve both public and private sector clients more effectively, particularly within the complex healthcare payment landscape.
See full Performant Healthcare company page
