Transworld Systems Inc. (“TSI” or the “Company”), the largest U.S. technology-enabled provider of accounts receivable management (ARM) solutions, announced today it has acquired certain assets, including customer contracts, from Performant Financial Corporation. Transaction terms were not disclosed.
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“The acquisition of the Performant customer assets will allow TSI to expand our government, healthcare revenue cycle management, and financial services collection business. We welcome the Performant customers and employees to the TSI family,” said TSI Chief Executive Officer Joseph Laughlin.
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