- Exela will provide technology and operation solutions in total contract value of ~$8 million
- Exela’s PCH Global Cloud Platform continues to connect members in multiple healthcare organizations, health insurers and US government programs
IRVING, Texas, Sept. 28, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), today announced an expanded strategic partnership to utilize Exela’s technology and operations solutions valued at total contract value of ~$8 million. The win is part of the Healthcare Solutions business which generated $218 million in revenue in 2021.
The company’s solution utilizes PCH Global to enhance consumer engagement, drive preventative care and improve the health care user experience. Exela continues to be on the forefront of healthcare technology including advances in robotic process automation, engagement optimization and machine learning. The partnership connects members in many healthcare organizations, health insurers and US government programs.
Exela continues to invest in expanding PCH Global capabilities to provide a cloud hosted solution for communication between a growing number of constituents in the healthcare industry. This expansion of the deployment marks another milestone in the value proposition of PCH Global in healthcare to digitally connect members, providers and insurance companies for member engagement, care coordination and cost of care management.
“In q4 of 2021, we deployed PCH Global for our customer and we are proud to announce that after a successful engagement we will be offering more solutions to that customer enabling additional network effects of the platform for all PCH Global participants,” said Suresh Yannamani, CEO of Exela Technologies BPA, LLC.
About Exela Technologies
Exela Technologies is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of experience operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including over 60% of the Fortune® 100. Utilizing foundational technologies spanning information management, workflow automation, and integrated communications, Exela’s software and services include multi-industry, departmental solution suites addressing finance and accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and the public sector. Through cloud-enabled platforms, built on a configurable stack of automation modules, and approximately 17,000 employees operating in 21 countries, Exela rapidly deploys integrated technology and operations as an end-to-end digital journey partner.
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Investor and/or Media Contacts:
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