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Exela Technologies (NASDAQ: XELA) partners with CareSource to advance platform for Medicaid

  • Exela Technologies Announces Partnership with CareSource, one of the Nation’s Largest Medicaid Managed Care Plans

  • The cloud based PCH Global roll out will service 2 million members across several states

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.” 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 over 18,000 employees operating in 23 countries, Exela rapidly deploys integrated technology and operations as an end-to-end digital journey partner


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