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Exela Technologies Named Major Contender by the Everest GroupIRVING, Texas, Feb. 20, 2019 (GLOBE NEWSWIRE) -- 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 n 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 Find out more at www.exelatech.com Contact: Jill Ransome, VP Marketing and Communications A photo accompanying this announcement is available at //www.globenewswire.com/NewsRoom/AttachmentNg/376ee8d9-27d1-4ff3-aaeb-5a0e1610b159 |