Exela Technologies Announces Partnership with CareSource, one of the Nation’s Largest Medicaid Managed Care Plans
Exela Technologies (NASDAQ: XELA) has announced a significant partnership with CareSource to roll out its PCH Global platform, benefiting 2 million members across multiple states. This initiative aims to enhance CareSource's digital transformation, facilitating seamless claims processing and improved healthcare services for Medicaid consumers. The cloud-based platform focuses on delivering high uptime and business continuity, while also providing robust data analytics accessible through a self-service model. This development marks a strategic milestone for Exela in the healthcare sector.
- Partnership with CareSource enhances digital transformation for healthcare services.
- PCH Global's deployment will serve 2 million members, indicating significant market reach.
- Platform offers high uptime and business continuity, which is critical for healthcare operations.
- Robust data analytics capabilities can improve service delivery and operational efficiency.
- None.
The cloud based PCH Global roll out will service 2 million members across several states
IRVING, Texas, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, today announced that it has partnered with CareSource, a nationally recognized nonprofit managed care organization. Exela will deploy its cloud based PCH Global platform to help accelerate CareSource’s digital transformation journey. This expansion highlights the Company’s ability to rapidly implement PCH Global for claims and correspondence submitted by providers, in this case providing quality healthcare coverage for Medicaid consumers from several states across America.
Exela continues to invest in expanding PCH Global’s capabilities to provide a cloud hosted solution with one of the best edit resolutions for healthcare claims. This extension of deployment marks another milestone in the value proposition of the PCH Global platform to digitally connect members, providers and insurance companies to enable clean claims, payment transparency and digital appeals. PCH Global’s cloud network also offers increased scalability, the highest uptime and best business continuity protections. PCH Global has robust data analytics which are continually improving as Exela processes more and more data. Additionally, PCH Global’s improved data analytics can be accessed via a self-service model.
“The Exela team is pleased to partner with CareSource in their in their digital transformation journey and pleased to strengthen our ties with Dayton,” said Suresh Yannamani, President Exela. “Our mission is to provide members and providers a better user experience and overall service to constituents in The Great State of Ohio and other states across the country.”
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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
Forward-Looking Statements
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Investor and/or Media Contacts:
Vincent Kondaveeti
E: vincent.kondaveeti@exelatech.com
Mary Beth Benjamin
E: IR@exelatech.com
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