Experity, the technology platform used by nearly half of all urgent care clinics in the U.S., has acquired Exdion Healthcare, an AI-driven software company focused on revenue cycle automation. The deal, announced July 1, 2026, accelerates Experity's strategy to unify clinical and financial workflows with artificial intelligence, aiming to cut denials, speed up reimbursement, and reduce manual work for on-demand care providers.
Exdion's platform processes the majority of its patient visits autonomously, using proprietary machine learning models and domain-trained data workflows. The company handles the full chart-to-cash lifecycle-coding, billing, compliance, and revenue cycle management. For Experity, which already supports nearly 50% of the urgent care market, the acquisition adds automation that can handle high volumes with fewer errors and less human intervention.
"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."
Measurable results for enterprise urgent care
Lohith Reddy, President of Exdion, said the combined capabilities already deliver results for large 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," he said. The platform's AI-driven model achieves that accuracy while limiting the need for manual intervention.
Building an AI operating system for on-demand care
Bobby Ghoshal, CEO of Experity, described the acquisition as a practical step toward an AI operating system for on-demand care. "We're advancing our RCM platform with built-in intelligence that streamlines operations and drives efficiency," he said. The transaction does not include Exdion's insurance-focused affiliate, which will continue to operate independently. Financial terms were not disclosed. TripleTree, LLC advised Experity and GTCR on the deal.
The acquisition is backed by GTCR, the private equity firm that owns Experity. Radu Cret, Principal at GTCR, said the combination brings together complementary strengths to accelerate innovation and scale AI capabilities, building a unified platform that delivers value to patients and providers.
Why this matters for healthcare professionals
For medical billers, coders, and revenue cycle managers, the acquisition signals that AI is moving from pilot projects into core operational infrastructure. The 86% denial reduction cited by Exdion shows the technology can directly improve financial performance. As AI handles more routine claims and coding tasks, professionals will need to focus on exception handling, compliance oversight, and working with these systems. Staying current with AI-driven tools is becoming essential. For those looking to build relevant skills, the AI Learning Path for Medical Billers offers a structured way to understand the technology reshaping the revenue cycle.
To learn more about the acquisition, visit experityhealth.com.
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