Exela Technologies Named a Leader in NelsonHall’s Healthcare Payer Operational Transformation NEAT Vendor Evaluation 2023

IRVING, Texas, May 25, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced the Company has been named a Leader in NelsonHall’s Healthcare Payer Operational Transformation NEAT Vendor Evaluation for 2023 for the second year running. Exela was named a Leader for Overall Capability and Claims Management Suitability.

According to John Willmott, CEO, NelsonHall and author of the report, “Exela is uniquely positioned in healthcare payer claims transformation by providing a single clearinghouse, All Payers Paper Claims Gateway, that any payer or provider can use to manage their paper claims across their industry partners. Exela complements this claims transformation with digital payment transformation, migrating provider payments from physical checks. These services address two of the most costly and time-consuming elements of healthcare payer operations.”

Exela’s PCH Global is the industry’s first cloud-hosted end-to-end healthcare claims management platform, providing solutions in key areas such as payment integrity, complex claims processing, analytics and member and patient engagement.

“Mr. Willmott has eloquently articulated the essence of PCH Health's value proposition, which has resulted in a remarkable increase in our customer base, surpassing 70,000. Our current objective is to further expand our user count to reach 2 million,” said Suresh Yannamani, CEO Exela Technologies BPA.

This report examines how U.S. healthcare payer BPS effectiveness management services are enabling clients to use technologies like RPA, AI/ML, and cloud-based solutions to deliver improvements in volume and process quality, while reducing operational costs. The vendors mentioned in this report are increasingly focused on intelligent automation to provide operational efficiencies along with providing comprehensive support to clients for care management, wellness offerings and member behavior interventions.

About NelsonHall

NelsonHall is the leading global analyst firm dedicated to helping organizations understand the “art of the possible” in digital operations transformation. With analysts in the U.S., U.K., Continental Europe, and Asia, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. For vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall conducts rigorous, primary research and is widely respected for the quality, depth, and insight of its analysis.