Exela Renews and Expands PCH Global Cloud Companies for Major Managed Care Company

IRVING, Texas, Dec. 29, 2021 (Globe NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) these days introduced it has expanded an present romantic relationship with a multinational managed care corporation. Given that 2014, Exela has partnered with the organization and the marriage carries on to mature by expanding PCH Global Cloud services for handling the return mail companies for various condition Medicaid programs. Exela’s romance of about eight years has an annual contract price of around $7 million and is the basis for incorporate on services this kind of as claims processing for many point out Medicaid programs across the country.

Exela carries on to make investments in increasing PCH Global’s abilities to supply a cloud hosted remedy with just one of the very best edit resolutions for healthcare promises. This extension of deployment marks another milestone in the worth proposition of the PCH World wide platform to digitally hook up customers, companies and coverage organizations to enable clean up promises, payment transparency and digital appeals. PCH Global’s cloud network also gives elevated scalability, the greatest uptime and best business enterprise continuity protections. PCH International has sturdy info analytics which are frequently increasing as Exela processes extra and more information. On top of that, PCH Global’s enhanced knowledge analytics can be accessed by means of a self-provider product.

“We welcome the opportunity to further aid automate organization procedures and strengthen efficiencies of our lengthy-expression shopper by leveraging our PCH Worldwide system,” mentioned Suresh Yannamani, President of Exela, introducing “Exela will go on to drive ahead with PCH International options for the healthcare marketplace to strengthen profits cycle and payment integrity.”

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About Exela Technologies

Exela Technologies is a organization course of action automation (BPA) leader, leveraging a world wide footprint and proprietary technologies to present digital transformation remedies boosting good quality, productiveness, and conclusion-user encounter. With decades of expertise functioning mission-vital procedures, Exela serves a expanding roster of a lot more than 4,000 customers through 50 countries, which include over 60% of the Fortune® 100. Making use of foundational systems spanning info management, workflow automation, and built-in communications, Exela’s software program and companies include things like multi-sector, departmental remedy suites addressing finance and accounting, human cash administration, and authorized management, as properly as marketplace-precise answers for banking, health care, insurance plan, and the public sector. As a result of cloud-enabled platforms, developed on a configurable stack of automation modules, and above 17,500 employees functioning in 23 nations around the world, Exela swiftly deploys built-in technological innovation and functions as an finish-to-close digital journey husband or wife.

Forward-On the lookout Statements

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Investor and/or Media Contacts:

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Mary Beth Benjamin
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