Performant Financial Corporation Acquires Artificial Intelligence Technology in Support of Its Scale Initatives
Performant Financial Corporation (NASDAQ:PFMT) (Performant), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced the strategic acquisition of key AI technology assets from RecordsOne, a technology company specializing in natural language processing and advanced domain analytics to enhance cost containment workflows within the healthcare sector.
"Performant's proprietary technology has consistently differentiated us from our competitors and I'm excited to incorporate these new game changing capabilities," said Simeon Kohl, Chief Executive Officer at Performant. "This