Exela Technologies Named Major Contender by the Everest Group
February 20 2019 - 9:10AM
Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA), a
location-agnostic global business process automation (“BPA”) leader
across numerous industries, today announced that it has been named
a Major Contender in its inaugural inclusion in Everest Group’s
PEAK Matrix for Healthcare Automation Solutions in the most
recent Healthcare & Life Sciences Business Processing
Outsourcing Market Report. According to Everest Group, a
consulting and research firm focused on strategic IT, business
services and sourcing, Exela holds the largest market share of the
healthcare automation market, in each customer size segment. It is
also one of the top four largest service providers who service both
healthcare payers and providers.
Exela was also recognized as a Major Contender on the payer
side for displaying strength in automation product development and
AI-enabled solutions, for its effective implementation and
integration processes and for having built most of its healthcare
automation solutions in-house.
“The landscape of healthcare automation solutions is moving
towards a digital future, with an emphasis on robotic process
automation and artificial intelligence,” said Cisco Liquido, Vice
President, Business Strategy, Exela Technologies. “We are proud to
be listed in Everest Group’s PEAK Matrix, and we will continue to
invest in the technologies that enhance our offerings.”
“Despite millions of dollars being spent on claims, EHR, and RCM
systems, healthcare enterprises continue to lack efficiency in
their existing processes. In the absence of truly end-to-end
next-gen platforms, both payers and providers are resorting to
automation solutions that can help bring better ROI and improve
both cost and user experience,” said Manu Aggarwal, Practice
Director, Everest Group. “Exela’s solutions help drive better
connectivity between the payer and provider systems, thereby,
streamlining the claims processing and enabling a better user
experience.”
View a summary of the report and visit the Everest Group website
to learn more about the PEAK Matrix assessments.
About Exela Exela is a location-agnostic global
BPA leader combining industry-specific and multi-industry
enterprise software and solutions with decades of experience. Our
BPA suite of solutions are deployed in banking, healthcare,
insurance and other industries to support mission-critical
environments. Exela is a leader in workflow automation, attended
and un-attended cognitive automation, digital mailrooms, print
communications, and payment processing with deployments across the
globe. Exela partners with customers to improve user experience and
quality through operational efficiency. Exela serves over 3,700
customers across more than 50 countries, through a secure,
cloud-enabled global delivery model. We are 22,000 employees strong
across the Americas, Europe and Asia. Our customer list includes
60% of the Fortune® 100, along with many of the world's largest
retail chains, banks, law firms, healthcare insurance payers and
providers and telecom companies.
Find out more at www.exelatech.comFollow
Exela on LinkedIn
https://www.linkedin.com/company/exela-technologies/Follow
Exela on
Twitter: https://twitter.com/exelatech
Contact: Jill Ransome, VP Marketing and CommunicationsE:
jill.ransome@exelatech.comT: 203-360-4555
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/376ee8d9-27d1-4ff3-aaeb-5a0e1610b159
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