Performant Financial Corporation (Nasdaq: PFMT), (“Performant”, “the Company”), a leading provider of technology-enabled payment integrity, eligibility and related analytics services, today announced that the Centers for Medicare and Medicaid (CMS) awarded Performant an 8.5 year contract to serve as the Region 2 Recovery Audit Contractor (RAC). This contract was initially awarded via a full-and-open competitive procurement on March 24, 2022 and following a voluntary corrective action process that was initiated by CMS, the agency re-affirmed its initial award determination, that Performant’s proposal represents the best value for the Government.
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