as business am Thank my everyone, accomplishments. operating you for us as joining full Reflecting and health our earnings you, incredibly call. a proud care-focused afternoon, of for our on year year I thank first XXXX, Good Chief Jon. Executive, second and our
XXX% adjusted over We've achieved of $X.X revenue in by EBITDA represents the resulting significant evidenced growth double-digit increase of in remarkable year. for million, success, last year, our health full care a from which
support our and add our to In continue initiatives. execute our seasoned addition to goals, our talent on our to scale to strategic team we operational business growth success,
commitment to I of The Board our debt played our payment our of emphasizes Deputy and health a an became Board. for CMS, evolution. recovery make ideal His of integrity Agrawal since he business that Directors our reputation Dr. him company. has program, where CEO Administrator reshaping major evolve from recovery speaks payment that in extensive experience been the an as about legacy appointment Shantanu integrity. care corporate tenure innovative mission-driven Dr. Agrawal's audit sterling to his pivotal to recent culture and A role to focus addition to volumes
In his health Elevance's our looking clinical he contributions and Dr. with current forward Agrawal's Health, strategy are at oversees policy, Board. corporate Officer medical values Chief quality aligned Elevance his related to we as equity. mission, role Health and to to the experience and perfectly
Furthermore, throughout over XXXX, significantly health XXX we care with team to hires. added our new
experience team the we career bolstered providing identifying And across have for and cycle. recruiting appreciation numerous with by existing life our entire team claims initiatives. out and payment rolled opportunities We management industry members, progression for integrity experts on focused
Our to to our provide as members our forward. balance. motivating survey is enhance with commitment led the and organization engagement best benchmark, as incentives by recognition results to in equipping employees, culture it These team for work-life propel them positive a employee company exemplified the comparably The to further tools efforts by XXXX. revealed conducted necessary the early unwavering, serves to us our inaugural
market. X Performant doubles implemented expansion. opportunities business, nearly a record implemented Solutions gain commercial quarter. We our the the XX%, we continue of commercial XXXX. of XXXX, we XXXX, In implementations Healthcare achievement the unprecedented XX by to traction growth terms during XX driven in This in fourth including In notable experienced in opportunities
X elements. pivotal success implementation rests on Our
us approach adjustments and through the data implementations prioritizing we of more expedite speed our as to methodology. and adopting concurrent Strategic of enable a our continuous implementation streamline further First, workflows. optimize intake refinement such
implementation motivated cadence our accelerate their industry, the to cultivated Second, to reputation as clients a investment. return we've increasingly testament expedite the the to on in are
experiences and from sets simplify delays, occasionally synthesize collaborative digestible with customers client-driven still processes to us our to the see apart work we ability competition. into While complex
with with we aligns administrative This instead, value organizational focused our engaging cultivating involves that goals. on client, not When long-term savings, minimize networks is their friction. to maximize objective to collaboration solely a with provider
our our positive one have momentum it standing commercial I robust is the proud continues assets, reputation industry. clients. greatest with we our into partnering our This made elevate the pipelines date, the to as of in and has with of so of one of to value am payers client-centric progress recognize Our most translated Performant.
us market and have a positioned share. the to approach capabilities allowing as capture Our in leader us industry, consistently
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we front, XX% revenue in eligibility XXXX. approximately of strong demonstrated the On growth
We hear and our more to our our fueled than technology validation. that competitors, effective solution data matching by continue is quality assets,
their emerged our first partnered After we eligibility with concept, A national value when recently of position back. identifying eventually with existing successful proof conducted good we multiyear securing being their vendor, a example of a workflow with and gaps in the look past a payer. entrusted
look for uncovered incumbent millions of of tens the We the had dollars in years. the first X questioned months. back claims reviewing considering within [ subsequently initially the client ] inappropriately been The same paid claims
commenced in one business recovery in traces roots were the program audit where XXXXs. contractors health CMS of when the audit we back the care Our original the to
has made work CMS of us years a Our trusted partner. with
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both very implementations. of generated terms was our contracts, from and We contracts. government OIG RAC and successful contract new X in clients, X Region HHS revenue wins federal Within our XXXX
of to stages state these we engagements, in improved reach early the in still XXXX. each anticipate an steady While
portfolio A within payment of from our the recovery the Performant notable of government to opportunity Inspector award value State state clients with General. landscape. for untapped ability first Medicaid the New Medicaid the our This Office contract into audit of to achievement market add many integrity types our demonstrates previously across York a
to incumbent, the hitting commenced to the uphold discussions ground the of we workflows the hopes and Despite interim, have are facing working In been Inspector once how the state protest award. running has from a office General Medicaid the with protest closely we with of the the resolved. optimize on
to New collaborate the award significant in especially from State largest the country, with The York the us fee-for-service further provides state our it with is expanding reach impact. as Medicaid and opportunity
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for our Staying full with XX% revenue clients, year. the government declined
Medicare discussed previous within claims under emerged CMS XXXX, including timing inventory business. challenges and As mature our health calls, in the emergency the on demand public payer reduced of addressable
our hurdles, pointing towards figures. rebound, performance back fourth these a Despite has shown baseline quarter
our a the volumes for win ramping government rebound We our State RAC post-PHE, York have New optimism in business federal and these challenges, significant PHE-related despite with contracts.
their future government immense recent have in commercial growth, laid and implementations for and strong Our foundation I take team's pride both a accomplishments. in success
about increased vital talked is of Last efficiency. on processes. fewer as series we Equally aimed improving workflow reconfiguring operational a manual of claims-based our pulling growth Throughout which savings automating our resources. to embarked yielded we quarter, initiatives factory with narrative improvement and at a client, XXXX, strategic the efficiency the
an include and quarter, like orchestrate and This medical, that pharmacy, dental, other eligibility within property casualty to I'd service to to initiative requires business. accurate touch offering our with payers connect more we billings. on The
organization serve decision and with this partner on billings reduced process billings. we this intermediary aggregate feedback reduced transactional often the capital friction, resources. have was partnership, We the of significantly most to interchange data completed paper Historically, as use accelerated with leading was highly made behalf. our strategic data manual, our loop and collection a no to electronic via human notably to Through
key enhancements. to and Another reshaping year achievement of technology internal our the workflow the past was from overall approach
XXXX, technology scheduled develop Although unified dedicated development some and strategy. a comprehensive initiatives of deferred the we to time for necessary to were XXXX our
workflows This the overhaul completing integrate processing, language strategy artificial audit our natural or strategy via encompasses central of to related intelligence of AI losing our our and implementation sight and competitive advantages. shoring data without up process all
to we to optimistic plan are comprehensive ahead, able XXXX. being in XX these [ about to projected with is completion this We Looking time advanced and operationalize Turing line ] refer as technologies in Project plan XX months. place, this
these fuel as excited both and scale efficiency. to are We positioned are projects
demonstrate revenues achieve to EBITDA timely goal XX% incremental growth. our These of as efforts also to a fashion, support long-term target our in continue
steady diverse Our in achieve a clientele provides of organic to products portfolio revenue Performant foundation growth. strong for
we New XXXX, win government scaling contracts underscore State at way, strong build trajectory commercial while of lead RAC continues Looking expect upon HHS York Region protest. the OIG does CMS The and growth. pending its this historical to the the X as to our resolution RAC of
and we While past experienced those trough. challenges build are off in the largely expect XXXX, some XXXX trials the government portfolio to
be to of result, health for XXXX. to $XXX we million forecasting range are million a the $XXX revenues As care in
long-term on focusing targets, While enhance position, market exceed our efforts aggressively our offerings these allow business our growth has the strategic and that grounded, potential us initiatives opportunities. fortify new to pursue we to will remain product our
of and Performant implementation long-term that places learned best interest is charting equally timing a our in a sustainable vary, that we have stakeholders, and path the can for course important, therefore, success. on We are,
health considering to change our address important it outlook, recent outage. In the is care
the been could claims payers are potential of the processing payers' challenges system, by now, and strain for payment Performant claims through timing not processing and coupled of mindful difficulties. While of this with has our delays navigating outage, The by impacted we faced available directly on review. providers and behavior our affect as
fluid, the is necessary with the bring perceive we to challenges Despite daily, issue. resulting the as this outage, information we to situation by temporary. Although posed deem attention disruptions any updating it
how achievements, current address to position our both short- clients Reflecting on our long-term with and we to collaborate we needs. attribute
Our make uncertainty. such the providing for decisions remains collaboration steadfast, support clients commitment navigate to to our through
robust system XX than team, the reduce to projects have improve pipeline undertake those deliver most amazing accomplished imagined. would in more been opportunities, on to have we've outcomes. importantly, Without to build could multiple funds our efficient, most XXXX care I become health we date, waste redirect our implement and health in Collectively, and our able to commercial more mission not to
adaptable leader our and I and strategy our we Our innovative people as want care as payment integrity unparalleled who space, grow through to the philosophy, Performant industry. partner in client-centric our and breathe live a team strive in I the clients clients our our knowing thank health confident in recognize is to integrity our remain to the be payment to commitment most wholeheartedly
discussions I'll that, Ramchandani, hand Financial for Rohit? it With Chief Rohit over of financials. the our to Officer,
