Experity Acquires Exdion to Automate Urgent Care Revenue Cycles

The acquisition integrates Exdion’s machine learning platform directly into Experity’s existing suite of clinical and financial tools. By automating coding, billing, and compliance, the combined entity seeks to accelerate payment velocity and improve the financial health of clinics that currently struggle with manual data entry and high denial rates. According to Exdion President Lohith Reddy, current users of the integrated technology have already realized an 86% reduction in claim denials.

Jason McNeil, Experity’s EVP of RCM, framed the deal as a departure from traditional revenue management models that rely on heavy human intervention. The integration is a core component of Experity’s broader strategy to build an AI-native operating system for on-demand care. While terms of the deal were not disclosed, GTCR—the private equity firm backing Experity—noted that the transaction aligns with its strategy of scaling differentiated AI capabilities within the healthcare sector. Exdion’s insurance-focused affiliate will remain outside of the transaction and continue independent operations.