Urgent care operators can achieve faster reimbursement, cleaner claims, and minimal denials with limited human intervention using this AI-driven platform
Experity, the market-leading on-demand healthcare technology platform trusted by nearly half of all urgent care clinics in the U.S., announced it has acquired Exdion Healthcare, an AI-driven SaaS software and services company specializing in the patient chart-to-cash lifecycle, including coding, billing, compliance, and revenue cycle automation.
The acquisition advances Experity’s strategy to unify clinical, operational, and financial workflows with AI, helping urgent care operators to accelerate reimbursement, reduce manual work, and improve financial performance at scale.
“This marks a decisive shift from labor-intensive RCM to AI-driven workflow optimization,” said Jason McNeil, EVP of RCM for Experity. “Over the past several years, we’ve helped clients collect billions in revenue. Together with Exdion, we’re positioned to significantly scale that impact, while reducing administrative burden, minimizing claim errors and denials, improving payment velocity, and closing gaps that lead to lost revenue.”
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Exdion’s platform currently processes the vast majority of its patient visits autonomously. Its AI-driven model combines proprietary machine learning and domain-trained data workflows to deliver high accuracy and efficiency, while limiting the need for manual intervention.
“The combined capabilities of Experity and Exdion deliver measurable, transformative results,” said Lohith Reddy, President of Exdion. “Together, we already support enterprise-level urgent care organizations. Through this partnership, customers achieve an 86% reduction in denials, along with improvements in coding quality, charge capture, and revenue cycle velocity.”
“Exdion is about accelerating outcomes,” said Bobby Ghoshal, CEO of Experity. “We’re advancing our RCM platform with built-in intelligence that streamlines operations and drives efficiency. It’s a practical step forward for the clients we serve and a key component of our AI Operating System for On-Demand Care.”
“We believe the combination of Experity and Exdion brings together complementary strengths to accelerate innovation, scale differentiated AI capabilities, and building a unified, market-leading platform that delivers meaningful value to both patients and providers,” said Radu Cret, Principal at GTCR.
Source: PRNewswire