The Experity Exdion Health acquisition, announced on 1 July 2026, sees US-based on-demand healthcare technology company Experity, Inc. acquire Exdion Healthcare Solutions, Inc., an AI-driven SaaS firm specialising in revenue cycle management. Three law firms — ALMT Legal, Khaitan & Co, and Latham & Watkins — provided legal counsel across the transaction. The deal underscores the accelerating convergence of artificial intelligence and urgent care financial infrastructure in the United States.
Introduction
Experity, Inc., the market-leading on-demand healthcare technology platform trusted by nearly half of all urgent care clinics in the US, acquired Exdion Healthcare, an AI-driven SaaS software and services company specialising in the patient chart-to-cash lifecycle, including coding, billing, compliance, and revenue cycle automation.
The insurance-focused affiliate of Exdion Healthcare is not included in the transaction and will continue to operate independently. Experity is backed by GTCR, a Chicago-based private equity firm with a long track record in healthcare and financial services roll-ups.
Exdion‘s 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.
Legal Teams Involved
Three firms advised across both sides of the transaction. For a broader view of recent cross-border mandates, see the Deal Meter.
ALMT Legal — Advised Exdion Health
ALMT Legal, Bangalore advised Exdion Health on the transaction. The core transaction team consisted of Rajat Bopaiah (Senior Partner), Sandhya Susanna Bhaskar (Partner), Rishabh Sureka (Senior Associate), and Danika Joplin (Associate).
Rakesh Prabhu (Senior Partner) advised on the intellectual property aspects. Junia Sebastian (Senior Partner) advised on employment and corporate commercial matters.
Khaitan & Co — Advised Experity
Khaitan & Co advised Experity on this acquisition. The transaction team consisted of Bharat Anand (Senior Partner), Kartick Maheshwari (Partner), Soumil Garg (Partner), Sharan Sanil (Counsel), Aditi Halder (Senior Associate), Anshita Agrawal (Associate), and Priyadarshini Dutt.
Latham & Watkins — Advised Experity
Latham & Watkins also advised Experity on this acquisition. Further details of the Latham & Watkins team were not disclosed.
Significance and Impact
Exdion Healthcare is an AI-driven SaaS software and services company specialising in the patient chart-to-cash lifecycle, including coding, billing, compliance, and revenue cycle automation, and 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.
GTCR is building a closed-loop AI platform for urgent care: Experity owns the clinical workflow and practice management layer, while Exdion closes the revenue cycle loop with autonomous chart-to-cash processing. Exdion‘s platform currently processes the vast majority of its patient visits autonomously.
According to data captured in the LevinPro HC database, this transaction represents the 121st eHealth acquisition of the year, and the 24th in the revenue cycle management subsector. The transaction illustrates the growing appetite for AI-native healthcare technology assets and cross-border Indian legal advisory mandates on US technology deals.
The Experity Exdion Health acquisition brings together two complementary AI-focused healthcare technology platforms under a unified urgent care infrastructure strategy. ALMT Legal steered the seller-side mandate with a multi-disciplinary team spanning corporate, IP, and employment workstreams, while Khaitan & Co and Latham & Watkins jointly guided Experity through the buy-side. Terms of the transaction were not disclosed.
Disclaimer: This article is for informational purposes only and does not constitute legal advice. It is based on the details provided and publicly available sources.
