What You Should Know:
– Beacon Health System is expanding its partnership with Xsolis, a provider of AI-driven solutions for healthcare to deploy its generative AI technology for streamlining medical necessity reviews.
– The expanded partnership builds on the successful implementation of Xsolis’ AI platform at Beacon Health System in 2019, which has already generated over $95M in savings.
Reduce Administrative Burden and Improve Efficiency in Healthcare
The healthcare industry faces growing challenges with administrative burden and staffing shortages. A recent Deloitte survey revealed that two-thirds of hospital executives reported staffing shortages impacting their capacity to provide care. Additionally, nurses spend a significant portion of their time on low-value administrative tasks, taking away from direct patient care.
Xsolis’ generative AI solution addresses these challenges by automating medical necessity reviews, documentation, and other administrative tasks. This empowers clinicians to focus on patient care while improving efficiency and reducing costs.
“Beacon Health System is a great example of how health systems can implement comprehensive, AI-driven strategies and tools for more efficient, effective, and sustainable operations,” said Joan Butters, CEO and co-founder of Xsolis. “Our latest generative AI offering will take productivity to the next level as Beacon Health System continues to deliver seamless, high-quality care for the communities they serve.”
