Performant Financial

Performant Financial provides technology-enabled recovery and related analytics services. The company's services help identify and recover delinquent or defaulted assets and improper payments for both government and private clients in a broad range of markets. Clients typically operate in complex and regulated environments and outsource recovery needs in order to reduce losses on billions of dollars of defaulted student loans, improper healthcare payments and delinquent state tax and federal treasury receivables. Performant generally provides services on an outsourced basis, where many or all aspects of clients' recovery processes are handled.In August 2012, Performant Financial went public with a valuation of $406 million.