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XAgent Sets Sights on Revolutionizing Intelligent Bidding

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XAgent has a clear vision and mission – to emerge as the world’s foremost provider of intelligent bidding solutions, spearheading innovation in AI agents to automate and optimize the bidding process within both international public and corporate procurement sectors.

SAN JOSE, Calif., Jan. 2, 2025 /PRNewswire-PRWeb/ — XAgent: Sets Sights on Revolutionizing Intelligent Bidding

Helen Huang CEO: The international public procurement market, which stood at $12 – 13 trillion in 2022. Meanwhile, the international corporate procurement market, valued at $30 trillion in 2022, is expected to hit $40 trillion by 2027.

In a bid to transform the international bidding arena, XAgent AI Inc., a Delaware-registered and Silicon Valley-headquartered company, is making waves with its innovative intelligent bidding solutions. The company was founded by Helen Huang and backed financially by Frank Zheng, both Canadians.

XAgent has a clear vision and mission – to emerge as the world’s foremost provider of intelligent bidding solutions, spearheading innovation in AI agents to automate and optimize the bidding process within both international public and corporate procurement sectors.

The market opportunity is vast. The international public procurement market, which stood at $12 – 13 trillion in 2022, is forecasted to balloon to $16 – 19 trillion by 2027, driven by infrastructure development, public service expansion, and technological advancements. Meanwhile, the international corporate procurement market, valued at $30 trillion in 2022, is expected to hit $40 trillion by 2027, propelled by globalization, supply chain complexity, and business expansion.

However, businesses currently grapple with multiple challenges in the bidding space, including a lack of international bidding expertise, data fragmentation, inconsistent strategies, and limited historical insights. These issues lead to inefficiencies and missed opportunities in a market worth trillions.

XAgent’s solution is an automated intelligent bidding platform based on AI Agent, LLM and big data technologies. It features a Vertical LLM in Procurement, which utilizes language models fine-tuned for procurement to enhance the understanding and generation of bidding-related content. The Multi-Agent System in Bidding simulates multiple agents to manage different aspects of the process, improving coordination and decision-making. Additionally, the Big Data In Procurement aggregates and analyzes extensive data to offer actionable insights for bid preparation and strategy formulation.

One of the key product advantages of XAgent lies in its high level of customization. The platform can be tailored to meet the specific needs and requirements of different businesses, regardless of their size or industry. This allows companies to have a bidding solution that fits their unique operational models and procurement strategies, maximizing the effectiveness of their bidding efforts.

The system also offers real-time analytics and reporting capabilities. Users can access up-to-date information on market trends, competitor analysis, and bid performance, enabling them to make informed decisions promptly. This real-time data empowers businesses to adjust their bidding strategies on the fly, increasing their chances of success in a highly competitive market.

Moreover, XAgent’s platform is designed with user-friendliness in mind. Its intuitive interface makes it accessible even to those with limited technical knowledge. This ease of use ensures that businesses can quickly adopt and integrate the solution into their existing workflows, minimizing disruption and maximizing productivity.

The company has already achieved significant milestones. It has successfully developed and implemented the Multi-Agent System in Bidding, boosting bid efficiency and accuracy. It has also established a comprehensive Big Data In Procurement infrastructure, collecting and processing daily tender information.

Now, XAgent is looking to raise $10 million. The funds will be used to bolster its Procurement Big Data capabilities by expanding data, refining algorithms, and enhancing scalability. The investment will also enable the employment of refined language models for better bidding content understanding and generation, strengthening its position in the Vertical LLM for Procurement.

XAgent holds several competitive edges. It is certified by esteemed international organizations such as UNGM, World AI Organization, World Blockchain Organization, and World Federation of Free Trade Zones, guaranteeing compliance and credibility. It operates the Largest Procurement Big Data System, with 55,000 daily entries, providing a fertile ground for data analysis and strategy formulation. The company also has exclusive rights to the Vertical LLM in Procurement, offering unique semantic understanding and generation for bidding. Moreover, it pioneered the First Multi-Agent System in Bidding, setting industry benchmarks and showcasing its technological leadership.

Looking ahead, with the injection of capital and continuous innovation, XAgent anticipates rapid market penetration, a surge in customer acquisition, and substantial revenue growth. The company aims to ultimately reshape the global intelligent bidding landscape and emerge as a dominant force in the industry.

Media Contact

Frank Zheng, XAgent AI Inc., 1 7789028620, frank.zheng@xagent.biz, https://www.xagent.biz

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AmeriTrust Solutions Expands Point-of-Care Medicaid Application Support to All 50 States

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Available today, the platform gives hospitals and RCM partners a practical way to help eligible patients pursue coverage without a major IT project.

WASHINGTON, Oct. 22, 2026 /PRNewswire/ — AmeriTrust Solutions today announced that its Medicaid application platform is available across all 50 U.S. states. As hospitals and revenue cycle management (RCM) partners prepare for Medicaid changes under H.R.1, the platform gives them a practical way to help eligible patients pursue coverage and address uncompensated care at the point of care.

The platform addresses a source of uncompensated care that begins before billing: patients who may qualify for Medicaid but never complete an application. By simplifying the process when the need for coverage is immediate, AmeriTrust Solutions helps patients overcome application barriers and gives hospitals a path to reimbursement for care that might otherwise be written off.

The scale of the problem is substantial: U.S. community hospitals provided $42.7 billion in uncompensated care in 2020, according to the American Hospital Association.

Uninsured encounters are often written off as uncompensated care, even when patients may qualify for Medicaid. Long applications, confusing questions and information patients struggle to gather can stand between them and coverage, leaving hospitals without payment for care that could otherwise qualify for reimbursement.

“Hospitals already know what uncompensated care is costing them,” said Peter Justen, founder and CEO of AmeriTrust Solutions. “They need a practical way to help eligible patients get covered and create a path to payment for the care they provide. That starts with an application patients can actually finish.”

AmeriTrust Solutions uses verified third-party data to prefill available information and plain-language questions to guide patients through what remains. Patients review and certify their information before submission through the state’s existing process. The state makes every eligibility decision.

Available today, the platform is designed for straightforward deployment alongside existing hospital workflows, without a major IT project or replacement of state eligibility systems. Hospitals can begin submitting applications as soon as the platform is live, creating the potential for Medicaid reimbursement within weeks, depending on state eligibility decisions and claims processing. Hospitals can offer the experience under their own brand, giving existing teams a straightforward way to help patients complete applications at intake or the bedside.

RCM partners can add this capability to their hospital offering without developing Medicaid application technology internally. That gives them another way to support hospital clients serving uninsured and self-pay patients, with a focus on helping more applications reach submission.

As healthcare organizations evaluate AI and other new technologies, AmeriTrust Solutions puts the emphasis on a clear, guided application process and the value it can deliver. The platform uses verified information, relevant questions and applicant review to make a complex administrative task more manageable.

“The questions hospital leaders are asking are straightforward: What will this do for us, and how soon can we put it to work?” Justen said. “Our focus is helping patients complete applications now, so hospitals can begin addressing the coverage gaps that contribute to uncompensated care.”

Hospitals and RCM partners can learn more about the platform and discuss deployment at ameritrustsolutions.com/.

About AmeriTrust Solutions
AmeriTrust Solutions helps hospitals and RCM partners reduce uncompensated care by simplifying Medicaid applications at the point of care. Verified data prefill and guided questions help patients complete more accurate applications for submission through existing state eligibility processes. By reducing administrative burden and helping eligible patients access coverage, the company creates a clearer path to reimbursement—supporting rural hospital financial stability and helping preserve local access to care. Visit https://ameritrustsolutions.com/

Media contact
Tina Burgess
AmeriTrust Solutions
(202) 770-0272
pr@ameritrustsolutions.com

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University of Phoenix highlights career-focused, transfer credit-friendly degree programs

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University data highlights affordability as students apply transfer credits toward business, management, healthcare, technology and other career-focused degree programs while reducing education costs

PHOENIX, Oct. 22, 2026 /PRNewswire/ — University of Phoenix is recognizing National Transfer Student Week by highlighting the degree programs receiving the highest volumes of transfer credits, demonstrating how adult learners are benefiting from affordability, transparency and certainty as they apply previously earned academic credit toward career-focused degrees. Many of these programs align with occupational fields projected for growth by the U.S. Bureau of Labor Statistics, underscoring how students are building on prior academic achievements while pursuing educational pathways connected to workforce needs.

According to University transfer-credit data for the past year, students applied more than 525,000 accepted transfer credits to the Bachelor of Science in Management program and more than 275,000 accepted transfer credits to the Bachelor of Science in Business program. University data also shows associate and bachelor students saved an average of more than $12,010 through transferred credits, excluding military students, underscoring the role transfer pathways can play in making higher education more affordable.

“Transfer credit can help students do more than save time and money,” said Devin Andrews, vice president, Office of Admissions and Evaluations. “It can help them continue making progress toward degrees that align with their professional goals. By recognizing eligible transfer credit, we help students build on what they have already accomplished and focus on the education and skills needed for the next phase of their careers.”

As University of Phoenix celebrates its 50th anniversary in 2026, the institution is reflecting five decades of helping working adults build on previous academic achievement and professional experience rather than start over. Today, transfer-credit pathways remain an important part of that mission, helping eligible students reduce costs while pursuing degrees aligned with career goals.

Students apply transfer credits across career-focused degree programs

University transfer-credit data shows students are applying significant volumes of transfer credit toward degree programs aligned with business, management, healthcare, public service and technology careers.

Programs receiving the highest volumes of accepted transfer credits include:

Bachelor of Science in Management: 525,085 accepted transfer credits and 447,622 applied transfer credits.Bachelor of Science in Business: 275,745 accepted transfer credits and 243,281 applied transfer credits.Bachelor of Science in Health Administration: 165,159 accepted transfer credits.Bachelor of Science in Criminal Justice Administration: 159,810 accepted transfer credits and 139,898 applied transfer credits.Bachelor of Science in Information Technology: 140,604 accepted transfer credits.Bachelor of Science in Social Work: 135,583 accepted transfer credits.

These programs represent areas where students are frequently building on previously earned academic credits as they continue toward degree completion and career goals.

University of Phoenix transfer student Joshua Barron decided to earn his degree while working full time and raising his child. “I have always had a goal of earning my bachelor’s degree,” said Barron, who came to the University with previous college credit. “I transferred credits from another college and used self-paced provider options to accelerate my progress. What started as a goal became a clear path toward achieving the degree I wanted for my future.”

Affordable degree pathways align with growing workforce needs

Several of the University’s most popular transfer-friendly programs align with occupations projected by the U.S. Bureau of Labor Statistics (BLS) to experience faster-than-average employment growth through 2034. Management occupations, Healthcare occupations, and Information Technology occupations all fall into high-growth categories according to BLS projections.

Learn more about transfer-credit opportunities

Students interested in learning how previously earned credits may apply toward a degree program can learn more here.

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor’s and master’s degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu.

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/C O R R E C T I O N – Verisave/

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In the news release, Verisave appoints Payments Veteran Chris Lefebvre as Chief Executive Officer to Drive Product Development and Growth, issued 22-Oct-2026 by Verisave over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Verisave appoints Payments Veteran Chris Lefebvre as Chief Executive Officer to Drive Product Development and Growth

SALT LAKE CITY, Oct. 22, 2026 /PRNewswire/ — Verisave, a leading provider of payments optimization solutions, today announced the appointment of Chris Lefebvre as Chief Executive Officer, effective October 1, 2026. Lefebvre, who joins from Fiserv, succeeds Jeremy Layton, who will transition into the role of Founder and Chief Commercial Officer to ensure strategic continuity.

Lefebvre brings more than 30 years of executive leadership across payments, financial services and technology, with a track record of guiding companies through growth, transformation and successful exits. He led financial services for a major retailer and was selected to serve on the Merchant Advisory Board for the card networks. As COO of BankServ, he led the company’s national expansion and its successful exit. Lefebvre has since held C-suite roles at eCommerce sales and marketing companies, after which he founded CRC, a management and strategy consulting firm serving regulated companies in healthcare, energy and financial services. Most recently, he served as Global Head of Relationship Management for Grocery, Petroleum, and Technology at Fiserv, and was instrumental in reshaping their client engagement strategy.

“I am extremely proud of the work Verisave has done over the years,” said Jeremy Layton, Verisave Founder and Chief Commercial Officer. “I am confident in our ability to continue bringing solutions and transparency to an industry that is largely unregulated and highly complex. Our clients increasingly need better solutions to control costs and manage their payments proactively. Chris brings deep payments expertise and a track record of building products and solutions around this need.”

“Verisave has built something rare: a trusted platform that delivers real and measurable value for its clients,” said Chris Lefebvre. “What drew me to the role is how much opportunity lies ahead, both in deepening our core solutions and expanding our reach across the broader financial ecosystem. I’m energized by the prospect of working with such a talented team as we look to accelerate Verisave’s growth and bring even greater value to our clients.”

About Verisave
Verisave is a payments optimization and consultancy firm, specializing in merchant account, payments stack, processing fee, and interchange fee solutions. Verisave identifies wasted spend and inefficiencies within the payments operations and merchant account settings, bringing significant direct and operational cost savings to clients. Headquartered in Salt Lake City, the company is backed by Ceto Capital. Learn more at verisave.com

Media Contact:
Samuel Barber
sam@pitchr.ai

Correction: A headshot of Chris Lefebvre has been added.

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