Teaser Text: ExlService Holdings, Inc. has acquired Health Integrated, a leading provider of innovative health management solutions utilizing a whole-patient approach.
Category: Portfolio News
NEW YORK, Dec. 26, 2017 (GLOBE NEWSWIRE) -- EXL (NASDAQ:EXLS), a leading operations management and analytics company, today announced that it has closed the acquisition of substantially all of the assets of Health Integrated, Inc. ("Health Integrated"), a Tampa-based healthcare company that specializes in providing care management on behalf of health plans. Health Integrated mainly serves the Medicaid, Medicare, and dual-eligible populations.
Rohit Kapoor , EXL Vice Chairman and Chief Executive Officer stated, "This acquisition broadens EXL's capabilities in healthcare. Health Integrated has a differentiated care management offering that focuses on behavioral change to improve the health status of the members it serves. Further, Health Integrated brings a talented group of clinicians and healthcare professionals based in the U.S. to support the end-to-end clinical operations we manage for our clients."
Health Integrated offerings include multichronic care management, special needs programs, utilization management and case/disease management. It currently supports more than five million health plan members.
"Health Integrated has developed a unique, integrated medical-behavioral model that manages the health status of Medicaid and Medicare members." said Rembert de Villa , Executive Vice President and Global Head of Healthcare, EXL. EXL Healthcare will bring its CareRadius® care management platform as well as leading edge analytics into Health Integrated's operations. In turn, Health Integrated's clinical staff and capabilities will serve as the foundation for EXL Healthcare's US- based clinical delivery."
Health Integrated will become part of EXL Healthcare and continue to be based in Tampa, Florida. Terms of the transaction were not disclosed.
About Health Integrated
Health Integrated leads the industry with Precision Empowered Care Management™, enabling health plans to precisely manage their most vulnerable members. By combining actionable big data with a proven biopsychosocial model, they address the physical, psychological and social drivers impacting member health and satisfaction. As a result, plans enhance quality, achieve compliance and strengthen their financial performance, while empowering members to achieve better outcomes. For more information, visit www.healthintegrated.com.
About ExlService Holdings, Inc.
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that designs and enables agile, customer-centric operating models to help clients improve their revenue growth and profitability. Our delivery model provides market-leading business outcomes using EXL's proprietary Business EXLerator Framework®, cutting-edge analytics, digital transformation and domain expertise. At EXL, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has more than 27,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Colombia, Australia and South Africa. For more information, visit www.exlservice.com.
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