NASHVILLE, Tenn., July 24, 2018 /PRNewswire/ -- Without a common framework for determining medical necessity which
XSOLIS eliminates inconsistency through its unbiased real-time predictive analytics, which offer a neutral and objective foundation for collaboration and consistency. With XSOLIS analytics forming the source of truth between hospital and insurer, utilization management can be undertaken through a 'by-exception' model - reducing duplicative effort and heightening productivity for each organization. This framework promises to increase compliance, mitigate revenue risk, and create alignment within the payer-provider relationship.
"XSOLIS' analytics platform enables our staff to more effectively review patients' clinical conditions and provides supporting documentation for defensible medical necessity determinations as well as case reviews," says Sherri Ernst, Revenue Integrity and Utilization Management Officer for Covenant Health. "Now that we're able to escalate that information directly to participating payers prior to discharge, we are more aligned on clinical merit for each patient and less likely to experience a denied claim due to missed clinical information necessary to support medical necessity."
"By using predictive analytics to aid both payers and providers during case review, we can help hospitals and insurers lessen their administrative burden and costly adjudication efforts and most importantly – create a common ground for critical decisions," said Joan Butters, CEO and cofounder of XSOLIS. "Patient care is too important to let the current state of inertia and inefficiency remain a reality."
XSOLIS is a healthcare technology firm focused on improving healthcare operations through cognitive computing. Leveraging insights gleaned from partnering with clients across the nation and outcomes generated by proprietary machine learning and artificial intelligence, XSOLIS combines Utilization Review Technology, Denials Management services, and Physician Advisor services in a comprehensive suite of solutions that channels healthcare data into predictive intelligence and action. For more information, visit www.xsolis.com.
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