“Can a headless, AI-native clearinghouse replace legacy EDI + banking rails between US healthcare providers and payers?”
Founded 2017 as a general-purpose EDI platform, Stedi pivoted decisively into healthcare after the February 2024 Change Healthcare cyberattack exposed the fragility of the US clearinghouse layer. It rebuilt itself as an API-first, AI-ready healthcare clearinghouse and revenue-cycle engine, adding embedded banking (Stedi Treasury via Grasshopper Bank) and lockbox check-processing in 2025-2026 to own the full payer-to-provider money flow, not just the EDI messaging.