Exela Systems Expands Relationship with a Huge Health care Member Engagement Leader

  • Exela will offer technological innovation and procedure options in a full benefit of about $7.5 million

  • Partnership connects users in several health care businesses, wellness insurers and US govt packages

IRVING, Texas, Aug. 11, 2021 (Globe NEWSWIRE) — Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA), now declared an expanded strategic partnership to utilize Exela’s technological innovation and procedure solutions with a big health care member engagement chief. The enlargement will present technological innovation and procedure methods in a contract with a full value of around $7.5 million.

The company’s option utilizes PCH World to improve shopper engagement, enrich preventative care and enhance the overall health care user working experience. Exela has been on the forefront of health care know-how together with developments in robotic procedure automation, engagement optimization and machine discovering. The partnership connects users in several health care organizations, overall health insurers and US govt courses.

Exela carries on to invest in expanding PCH International capabilities to present a cloud hosted solution for communication in between a developing number of constituents in the healthcare field. This enlargement of the deployment marks one more milestone in the benefit proposition of PCH World-wide in health care to digitally join associates, providers and insurance coverage providers for member engagement, treatment coordination and cost of care management.

“We appear ahead to functioning with our companion and above time glance to allow additional of our PCH Worldwide options. Both equally companies serve the typical purpose of increasing the shopper well being treatment expertise. Healthcare member engagement is an fascinating space that utilizes all of the elements of technological know-how, data mining and an enhanced shopper knowledge major to more healthy consumers.” stated Suresh Yannamani, President, Exela.

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About Exela Technologies
Exela Systems a enterprise procedure automation (BPA) chief, leveraging a global footprint and proprietary technological innovation to deliver electronic transformation solutions improving quality, efficiency, and close-consumer experience. With many years of experience running mission-crucial procedures, Exela serves a rising roster of a lot more than 4,000 prospects throughout 50 nations, together with above 60% of the Fortune® 100. Using foundational technologies spanning information and facts administration, workflow automation, and integrated communications, Exela’s program and expert services include things like multi-field, departmental resolution suites addressing finance and accounting, human capital management, and legal administration, as perfectly as market-certain alternatives for banking, healthcare, coverage, and the public sector. Through cloud-enabled platforms, built on a configurable stack of automation modules, and more than 18,000 staff working in 23 nations around the world, Exela speedily deploys built-in technological know-how and functions as an close-to-end electronic journey spouse

Ahead-Looking Statements
Sure statements incorporated in this press release are not historical information but are forward-searching statements for needs of the protected harbor provisions underneath The Private Securities Litigation Reform Act of 1995. Ahead-wanting statements generally are accompanied by phrases this sort of as “might”, “should”, “would”, “system”, “intend”, “anticipate”, “think”, “estimate”, “forecast”, “opportunity”, “seem”, “seek out”, “keep on”, “upcoming”, “will”, “hope”, “outlook” or other related words and phrases, phrases or expressions. These ahead-searching statements involve statements relating to our business, long term occasions, estimated or anticipated upcoming success and added benefits, potential prospects for Exela, and other statements that are not historic specifics. These statements are based on the latest expectations of Exela management and are not predictions of genuine performance. These statements are matter to a amount of pitfalls and uncertainties, which include without the need of limitation those people talked about beneath the heading “Danger Components” in Exela’s Annual Report and other securities filings. In addition, forward-on the lookout statements give Exela’s anticipations, designs or forecasts of potential activities and views as of the day of this interaction. Exela anticipates that subsequent situations and developments will cause Exela’s assessments to modify. These ahead-wanting statements should really not be relied on as symbolizing Exela’s assessments as of any date subsequent to the date of this press release.

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