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EXL named a Leader and Star Performer in Everest Group Payment Integrity Solutions PEAK Matrix® Assessment 2025
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced that it has been named a Leader and Star Performer in
About this update from Exlservice Holdings, Inc.
[{"type":"text","content":"NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced that it has been named a Leader and Star Performer in the Everest Group Payment Integrity Solutions PEAK Matrix® Assessment 2025. The Everest Group cites EXL’s diverse, adaptable payment integrity solution engagement models, which are integrated with generative AI, natural language processing and machine learning as key drivers of their performance. Using robust data and advanced technology, EXL is able to offer end-to-end payment integrity outcomes for enhanced claim validation, fraud detection and coverage gap analysis. “Transparency, trust and technology have become the cornerstones of payment integrity as payers and providers increasingly work together to deliver the best possible care,” said Vivek Jetley, president and head of healthcare and life sciences and insurance, EXL. “We are proud to receive the Everest Group Leader designation for the second straight year and also be recognized as one of only two Star Performers in the report. We are looking forward to making new investments in the year ahead to help deliver even more powerful, fully transparent payment integrity solutions to our clients.” As part of this assessment, Everest Group presented a detailed analysis of 24 payment integrity solutions providers. Firms were evaluated based on their vision, capabilities and market impact. Researchers determine an organization’s positioning based on Everest Group’s annual industry survey tracking interactions with leading industry stakeholders, client reference checks and ongoing analysis of the industry market. “The payment integrity market is shifting from post-pay recovery to proactive pre-pay accuracy, driven by AI-enabled fraud detection, real-time claims validation, and predictive risk modeling,” says Ankur Verma, vice president at Everest Group. “EXL has responded to these evolving demands with a near-real-time monitoring solution for provider demographics and data integrity, while also adopting outcome-based pricing models in line with client expectations. Combined with improved client feedback, these advancements have positioned EXL as a Leader and a Star Performer in Everest Group’s Payment Integrity Solutions PEAK Matrix® Assessment 2025.” To read more about the report and to see how EXL compares to its competitio...