SEC Form EFFECT filed by Performant Healthcare Inc.
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | November 20, 2025 |
| Accession Number: | 0001140361-25-038746 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | November 20, 2025 |
| Accession Number: | 0001140361-25-038746 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/10/2025 | $8.00 | Mkt Outperform | Citizens JMP |
EFFECT - Performant Healthcare Inc (0001550695) (Filer)
SCHEDULE 13G/A - Performant Healthcare Inc (0001550695) (Subject)
15-12G - Performant Healthcare Inc (0001550695) (Filer)
The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients. Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (NASDAQ:PHLT) for approximately $670 million. The deal expands Machinify's AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. "We're thrilled to bring Performant into Machinify with such highly complementary assets," said David Pierre, CEO of Machinify
Performant Healthcare, Inc. (NASDAQ:PHLT) (the "Company" or "Performant"), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced preliminary financial results for the second quarter of 2025. Second Quarter 2025 Results The Company currently expects to file its Form 10-Q for the quarter ended June 30, 2025 on August 7, 2025 and anticipates reporting second quarter revenues of approximately $37.8 million, net income of approximately $2.1 million, and adjusted EBITDA of approximately $6.2 million. Transaction with Machinify In a separate press release issued today, Performant announced its entry into a definitive agreemen
Performant stockholders to receive $7.75 in cash per share, a 139% premium to Performant's 90-day VWAP Performant Healthcare, Inc. (NASDAQ:PHLT) (the "Company" or "Performant"), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today its entry into a definitive agreement to be acquired by Machinify, a healthcare intelligence leader and portfolio company of New Mountain Capital, which has agreed to acquire Performant for approximately $670 million. Under the terms of the merger agreement, Performant stockholders will receive $7.75 in cash for each share of Performant common stock outstanding at the closing of the transactio
4 - Performant Healthcare Inc (0001550695) (Issuer)
4 - Performant Healthcare Inc (0001550695) (Issuer)
4 - Performant Healthcare Inc (0001550695) (Issuer)
Citizens JMP initiated coverage of Performant Healthcare with a rating of Mkt Outperform and set a new price target of $8.00
Performant Healthcare, Inc. (NASDAQ:PHLT) (the "Company" or "Performant"), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced preliminary financial results for the second quarter of 2025. Second Quarter 2025 Results The Company currently expects to file its Form 10-Q for the quarter ended June 30, 2025 on August 7, 2025 and anticipates reporting second quarter revenues of approximately $37.8 million, net income of approximately $2.1 million, and adjusted EBITDA of approximately $6.2 million. Transaction with Machinify In a separate press release issued today, Performant announced its entry into a definitive agreemen
Performant Healthcare, Inc. (NASDAQ:PHLT) (the "Company", "Performant"), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the company will report its second quarter 2025 results after the market closes Tuesday August 5, 2025. The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day. To join the conference call: Dial in 800-717-1738 or 646-307-1865, or Live webcast through company's website here Replay can be found approximately three hours after the call on the company website under the Events & Presentations section or by dialing 844-512-2921 (domestic), or 412-317
Performant Healthcare, Inc. (NASDAQ:PHLT), a leading provider of healthcare payment integrity services, today reported the following financial results for its first quarter ended March 31, 2025: First Quarter 2025 Financial Highlights Total revenue of $33.3 million, compared to total revenue of $27.3 million in the prior year period. Healthcare revenue of $33.2 million, compared to $25.8 million in the prior year period, an increase of approximately 29%. Net loss of $0.1 million, or $0.00 per diluted share, compared to net loss of $4.0 million, or $(0.05) per diluted share, in the prior year period. Adjusted EBITDA of $3.3 million, compared to $(1.2) million in the prior year perio
The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients. Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (NASDAQ:PHLT) for approximately $670 million. The deal expands Machinify's AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. "We're thrilled to bring Performant into Machinify with such highly complementary assets," said David Pierre, CEO of Machinify