What You Should Know:
– Xsolis, an AI-driven technology company, today announced the official launch of Dragonfly®, a groundbreaking AI platform designed to streamline administrative tasks, reduce avoidable denials, and enhance collaboration between healthcare providers and payers.
– The launch coincides with Xsolis’ annual conference, XCHANGE ’24, where healthcare leaders will gather to discuss the future of the industry.
Dragonfly®: Driving Efficiencies and Improving Patient Care
Dragonfly is a next-generation AI-powered platform that leverages clinical and financial data from electronic medical records (EMRs) to create real-time patient profiles. This enables the generation of highly precise predictive analytics, helping determine the most suitable level and setting of care for each patient.
MultiCare Health System, a prominent healthcare provider in Washington State, has already experienced significant benefits from Dragonfly. By utilizing its AI insights, they have cut case review times by up to 50%, improving operational efficiency and patient care management.
“Xsolis’ AI technologies enable our clinicians to work more efficiently and accurately while bringing our payers to the table as partners for better decision-making, which has saved MultiCare more than $8 million in just the past year,” said Debbie Schardt, assistant vice president of revenue cycle and utilization management with MultiCare Health System. “Dragonfly elevates our user experience by reducing administrative tasks, ensuring more appropriate reimbursement and increased compliance, while reducing avoidable denials.”
Dragonfly Key Features and Benefits:
- Generative AI: Supports nurses and caregivers by automating redundant tasks.
- Enhanced Collaboration: Facilitates interoperability and data sharing between the platform and other systems, fostering deeper collaboration among healthcare stakeholders.
- AI-Driven Length of Stay Management: Optimizes patient throughput and resource allocation.
Xsolis: Pioneering AI in Healthcare
Since 2013, Xsolis has been at the forefront of applying AI in healthcare, empowering clients to make informed decisions regarding medical necessity and patient throughput. Their proprietary Care Level Score™, used by over 500 hospitals nationwide, utilizes predictive analytics and machine learning to identify cases requiring immediate attention. To date, Xsolis has generated over 2.7 billion predictions, leading to significant improvements in level of care authorizations, length-of-stay management, and avoidable denial reduction.
