Machinify, a leading healthcare intelligence company with expertise across the payment continuum, announces 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. Bringing together Performant’s deep audit and recovery expertise with Machinify’s advanced AI platform will enable the company to deliver faster, more accurate insights, further reduce administrative burden and unlock greater savings for health plans.
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Source: https://www.businesswire.com/news/home/20251021569768/en/Machinify-Completes-Acquisition-of-Performant-Healthcare-Accelerating-Intelligent-Healthcare-Payments