Exela Technologies Named Leader in NelsonHall Healthcare Payer NEAT BPS Supplier Assessment

NelsonHall Health Pay BPS 2021

NelsonHall Health Pay BPS 2021

NelsonHall Health Pay BPS 2021

IRVING, TX, June 11, 2021 (GLOBE NEWSWIRE) – Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) has been named a leader in NelsonHall Healthcare Payer’s NEAT BPS Provider Assessment for 2021. Exela was Named a Leader in Four Areas: Global Capability, Plan Design and Enrollment Capability, Member Services Capability, and Operations Transformation Capability. In addition, Exela was ranked among the top performers for complaints and billing capability and supplier management capability.

According to Ashley Singleton, market analyst at NelsonHall and author of the report, “Exela’s current comprehensive offerings will see near-term expansion in the areas of intelligent automation, ML / AI and analytics to meet the demand. growing demand for enrollment and care management solutions, and continued advancement in document processing. Exela’s technology solutions offerings reflect the strategy of being a 50/50 provider of operational services and digital transformation solutions. Partnerships at the national level will also support the growth and expansion of Exela’s capacity in managing the effectiveness of healthcare payers’ BPS.

“To be recognized as a global leader by NelsonHall in the BPS paid healthcare market is validation of Exela’s commitment to providing innovative solutions to our customers and the members they serve,” said Srini Murali, President of Exela for the Americas and APAC.

Exela’s PCH Global is the leading cloud-hosted end-to-end healthcare claims management platform, providing solutions in key areas such as payment integrity, complex claims processing, l analysis and engagement of members and patients.

“PCH Global, with built-in intelligent automation, uniquely alleviates the complexity associated with healthcare transactions, reducing costs for payers, providers and members. We will continue to invest in our people and technology to further innovate and make healthcare cheaper and more accessible to all, ”said Murali.

This report examines how U.S. healthcare payers’ BPS efficiency management services enable customers to use technologies such as RPA, AI / ML, and cloud-based solutions to improve volume and process quality, while reducing operational costs. Vendors mentioned in this report are increasingly focusing on intelligent automation to provide operational efficiencies as well as comprehensive customer support for care management, wellness offerings, and member behavior interventions. .

About Exela Technologies

Exela is a leader in Business Process Automation (BPA), leveraging a global footprint and proprietary technology to deliver digital transformation solutions that improve quality, productivity and the end-user experience. .

With decades of experience operating critical processes, Exela serves a growing list of over 4,000 clients in 50 countries, including over 60% of Fortune® 100.

Using core technologies spanning information management, workflow automation and integrated communications, Exela’s software and services include suites of multi-industry and departmental solutions dealing with finance and accounting, human capital management and legal management, as well as industry-specific solutions for banking, healthcare, insurance and the public sector.

With cloud-enabled platforms, built on a configurable stack of automation modules, and more than 18,000 employees operating in 23 countries, Exela is rapidly deploying integrated technology and operations as a digital travel partner of end to end.

About NelsonHall

NelsonHall is the leading global analyst firm dedicated to helping organizations understand the “art of the possible” in transforming digital operations. With analysts in the US, UK and Continental Europe, NelsonHall provides buy-side organizations with detailed and critical market and supplier information (including NEAT assessments) that help them make business decisions. fast and very informed supplies. And for vendors, NelsonHall provides in-depth knowledge of market dynamics and user needs to help them refine their go-to-market strategies. NelsonHall’s research is based on rigorous primary research and is widely respected for the quality, depth and insight of its analysis.

Forward-looking statements: Certain statements included in this press release are not historical facts but are forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as ” can “,” “should”, “would”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “seem”, “seek” , “continue”, “future”, “will”, “expect”, “prospect” or other similar words, phrases or expressions. These forward-looking statements include statements concerning our industry, future events, results and estimated or anticipated future benefits of the business combination, future opportunities for the combined company and other statements that are not historical facts.These statements are based on the current expectations of Exela’s management and are not intended to actual performance predictions. These statements are subject to a number of risks and uncertainties, including, but not limited to those discussed under “Risk Factors” in Exela’s latest annual report on Form-10-K filed with the Securities and Exchange Commission. In addition, forward-looking statements provide Exela’s expectations, plans or forecasts regarding future events and opinions as of the date of this communication. Exela anticipates that subsequent events and developments will cause Exela’s valuations to change. These forward-looking statements should not be taken as representing Exela’s assessments as of a date subsequent to the date of this press release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8628f453-d3be-4bb7-b67a-f33f1dd10cc1

Investor and / or media contacts:

Vincent Kondaveeti

E: [email protected]

Phone. : 929-620-1849

Marie Beth Benjamin

E: [email protected]

Phone. : 646-277-1236

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