Machinify Finalizes Purchase of Performant Healthcare, Boosting Smart Healthcare Payment Solutions

Written by Emily J. Thompson, Senior Investment Analyst

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Source: Newsfilter

Updated: Oct 21 2025

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Source: Newsfilter

Acquisition Announcement: Machinify has completed its acquisition of Performant Healthcare for approximately $670 million, aiming to enhance its AI-powered operating system and expand its client base, including government programs.
Strategic Integration Benefits: The merger combines Performant's expertise in audit and recovery with Machinify's AI capabilities, enabling faster insights, reduced administrative burdens, and greater savings for health plans.
Leadership and Future Plans: Performant's CEO, Simeon Kohl, will join Machinify's leadership team, emphasizing the potential for improved payment processes and outcomes in the healthcare system.
Market Impact: Following the acquisition, Performant will be delisted from Nasdaq and operate as a privately held entity, while Machinify continues to support a vast number of claims and deliver significant savings in the healthcare sector.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Machinify Finalizes Purchase of Performant Healthcare, Boosting Smart Healthcare Payment Solutions

About the author

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