Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announces 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 transaction.“ At Machinify, we are creating the modern, healthcare payments intelligence platform built for accuracy and transparency,” said David Pierre, CEO of Machinify.”
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Source: https://www.businesswire.com/news/home/20250801154303/en/Performant-Healthcare-Inc.-to-Be-Acquired-by-Machinify