Navient Corp - Company Profile
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Business Description
Navient Corp (Navient) offers education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels.
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Business Segments
Overview
Provides revenue cycle management and business processing services for more than 500 non-education related government and healthcare clients. Offers Integrated solutions technology and superior data-driven approach to state governments, agencies, court systems, municipalities, and toll authorities for reducing their operating expenses while maximizing revenue opportunities. Healthcare services consists of revenue cycle outsourcing, accounts receivable management, extended business office support, and consulting engagements. Also provides customizable solutions for its clients that include medical centers, hospitals, hospital systems, other healthcare providers, and large physician groups.
Performance
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Overview
Originates and acquires consumer loans and provides servicing activities on its own education loan portfolio. Generates revenue mainly through net interest income on the Private Education Loan portfolio.
Performance
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Overview
Engaged in financing and acquiring FFELP loans and offers servicing and asset recovery services on its own loan portfolio. Federal education loans owned by ED and other institutions. Generates revenue primarily through net interest income on the FFELP Loan portfolio as well as servicing and asset recovery services revenue.
Performance
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Overview
Consists of its unallocated expenses of shared services, corporate liquidity portfolio and the repurchase of debt, restructuring or other reorganization expenses, and the deferred tax asset remeasurement loss.
Performance
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