Performant Healthcare, Inc. to Be Acquired by Machinify
Summary
Performant Healthcare agreed to be acquired by Machinify for about $670 million in cash. Performant operates technology-enabled payment integrity, eligibility, and analytics services for healthcare payers. Machinify plans to combine its payer platform with Performant’s domain expertise and data assets to expand its healthcare payments intelligence offering. The transaction is expected to close by the end of 2025, subject to shareholder and regulatory approvals.
Classifications
industries
HealthTech
applications
Web and Content Management
AskAI Classifications
Labels
SaaS
Healthcare IT
Claims Processing Software
Linked Companies
Machinify
$10M to $25M