Experian Health vs Stedi
Two Claims & Clearinghouses vendors, side by side. Facts from public sources; judgments are ours.
At a glance
Derived from public facts · a rough scale, not a ranking
| Experian Health | Stedi | |
|---|---|---|
| Pricing model | Enterprise contract (custom) · volume-based transaction and module pricing | Per-transaction / per-chart · Published pay-as-you-go rates, volume tiers, no minimum |
| Speed to go live | configured integration to EHR and payer rails | Self-serve signup, your developers integrate the API |
| Automation model | Data / network utility · payer data network plus RCM tools | Data / network utility · API-first clearinghouse |
| Built for | Enterprise systems, Mid-size groups, Billing companies | Billing companies, Enterprise systems, Payers |
| Security posture | HITRUST, HIPAA | SOC 2 Type II, HIPAA |
| Company maturity | 30 yrs (est. 1996) | 9 yrs (est. 2017) |
| Financial backing | Division of Experian plc (public, LSE: EXPN) | $142M · Series C |
| Named customers | 1 named | 5 named |
| Published results | Specific numbers public | Specific numbers public |
| Documented integrations | 4 listed | 4 listed |
| Third-party validation | None found | None found |
Bottom line
- Pick Experian Health if you want a broad, proven RCM suite backed by payer connectivity and identity data from one vendor.
- Pick Stedi if you have engineers and want a modern clearinghouse API with transparent per-transaction pricing you can start testing today.
Experian Health
Patient access, coverage discovery, and claims tools from Experian
- Founded
- 1996
- HQ
- Franklin, TN
- Stage
- Division of Experian plc (public, LSE: EXPN)
- Raised
- n/a
What it does
- Real-time eligibility verification across 900+ payers
- Coverage Discovery finds billable insurance patients did not report
- Patient Access Curator fixes registration data in one inquiry
- Claims management, editing, and denials workflow
- Patient estimates and financial clearance
- Patient identity and demographic verification
Where it's strong
- Coverage Discovery is a category leader; Experian reports it found over $60B in billable coverage across 45M+ patient cases in 2024.
- Experian's consumer data assets give its eligibility and identity products signal most competitors lack.
- Financially stable public parent and one of the broadest patient access product lines on the market.
What buyers should weigh
- It is a portfolio of many products acquired over years, so expect separate modules and per-product pricing rather than one unified system.
- Primarily strong at the front end (access, coverage); some buyers pair it with a different clearinghouse or denials vendor.
- Implementation and tuning depend heavily on your EHR integration; ask for references on your specific system.
Named customers
Columbus Regional Health
Integrations
Stedi
API-first clearinghouse for developers
- Founded
- 2017
- HQ
- New York, NY
- Stage
- Series C
- Raised
- $142M
What it does
- Real-time eligibility checks via JSON API (270/271)
- Insurance discovery when patient coverage is unknown
- Claim submission and claim status via API (837/276)
- Electronic remittance advice (ERA) retrieval
- Payer transaction enrollments managed programmatically
- Batch eligibility checks at high volume
Where it's strong
- Everything is accessible via API with public docs and transparent self-serve onboarding, which legacy clearinghouses like Availity and Optum do not offer.
- Support is unusually fast for the category, with a median ticket response under seven minutes across 1,500+ shared support channels.
- Well capitalized ($142M raised, backed by Stripe and Addition) with rapid traction: paying customers up 6x and billed transactions up 7x year over year into 2026.
What buyers should weigh
- It is clearinghouse rails, not a billing service; you need engineers to build eligibility and claims workflows on top of it.
- Its direct payer network is younger than Availity's or Optum's, so some connections still route through intermediary partners.
- The company only pivoted from general-purpose EDI to healthcare around 2023, so its healthcare-specific track record is short.
Named customers
Pair Team · Tennr · Candid Health · Nirvana · Berry Street
Integrations
Compare against the rest of Claims & Clearinghouses
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