Mergers and Acquisitions (M&A): Machinify Completes Acquisition of Performant Healthcare (NASDAQ:PHLT)
Palo Alto, California – Machinify has announced the acquisition of Performant Healthcare (https://performanthealthcare.com/). According to the company announcement Machinify is a leading healthcare intelligence company that specializes in the healthcare payment continuum, aiming to deliver value, transparency, and efficiency to health plans. The company’s AI-powered operating system is utilized by over 75 health plans, including many of the top 20, and covers more than 170 million lives. Machinify’s platform, combined with its expertise, helps to untangle complex healthcare data to provide industry-leading speed, quality, and accuracy in reshaping healthcare payments through seamless intelligence. With its recent acquisition of Performant Healthcare, Machinify has expanded its reach to a broader range of clients, including government programs, and enhanced its capabilities in claim error detection, prevention, recovery, and coordination of benefits. This acquisition strengthens Machinify’s position as a next-generation platform for payment accuracy and intelligence, supporting hundreds of millions of claims annually and delivering billions in savings.
To learn more about Machinify, visit https://www.machinify.com/
Company LinkedIn Page: https://www.linkedin.com/company/machinify/
Company Contact:
Machinify
635 High St Palo Alto, CA 94301
650-313-2932
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