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Xsolis

AI-driven SaaS for utilization management

Overview

Xsolis provides a SaaS platform for healthcare organizations to manage utilization and medical necessity. Dragonfly analyzes real-time EHR data to generate a Care Level Score used by both providers and payers. It combines predictive and generative AI to support clinical workflows, discharge planning, and appeal letters, plus Physician Advisor and Denials Management services. The goal is to reduce administrative waste and speed up decisions by creating a shared view that improves payer-provider collaboration.

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About Xsolis

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Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningHealthcare

Company Size

201-500

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$75M

Headquarters

Franklin, TN

Founded

2013

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Funding

Total Funding

$75M

Above

Industry Average

Funded Over

1 Rounds

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Growth Equity Non VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Parental Leave
  • Tuition Reimbursement
  • 401(k) Company Match
  • Mental Health Support

Company News

Yahoo Finance
Oct 27th, 2026
Xsolis appoints former R1 RCM and Cloudmed chief Lee Rivas as chief executive officer

Xsolis, an AI-driven technology company for mid-revenue cycle management, has appointed Lee Rivas as chief executive officer, effective immediately. He succeeds co-founder Joan Butters, who has led the Franklin, Tennessee, company since 2013. Rivas brings more than two decades of experience building and scaling healthcare data and software businesses. He was chief executive officer of Cloudmed, which was acquired by R1 RCM, and later led R1 through its take-private transaction. Before that, he spent 14 years at RELX as division president at LexisNexis Risk Solutions and Elsevier. He holds an MBA from Harvard Business School and began his career at McKinsey & Company. Jim Sohr, founder and chairman of Powered Health, said Rivas's command of healthcare data and AI makes him "the right leader" for Xsolis's next chapter.

GlobeNewswire
Oct 27th, 2026
Xsolis appoints Lee Rivas as Chief Executive Officer.

Xsolis appoints Lee Rivas as Chief Executive Officer. Healthcare data and software executive brings more than two decades of experience scaling technology businesses. October 27, 2026 11:30 ET | Source: Xsolis Franklin, Tenn, Oct. 27, 2026 (GLOBE NEWSWIRE) - Xsolis, a leader in AI-driven technology for mid-revenue cycle management, today announced the appointment of Lee Rivas as Chief Executive Officer, effective immediately. Rivas succeeds Joan Butters, CEO and Co-Founder, who has led the company since 2013. He joins Xsolis with more than two decades of experience building and scaling healthcare data and software businesses. "I want to thank Joan for taking Xsolis from a bold idea to an industry pioneer and leader leveraging AI to solve significant challenges in healthcare," said Jim Sohr, Founder and Chairman of Powered Health. "The growth we have experienced over the last 13 years reflects her vision, grit, and the trust she built with our customers and our team. We are grateful for everything she has done. I'm also thrilled that Lee is stepping in as CEO. His command of healthcare data and AI and his record of scaling businesses make him the right leader to take Xsolis into its next chapter." "I am excited to join Xsolis at this important stage in the company's evolution," said Rivas. "This team has spent years taking friction out of the work between hospitals and health plans and has earned the trust of some of the most important health systems in the country. I am looking forward to what comes next." "Thirteen years ago, a healthcare executive told me that what we're doing today couldn't be done," said Joan Butters, CEO and Co-Founder of Xsolis. "I'm proud to have led a team that proved him wrong. The company is in the strongest position in its history, and the credit belongs to the people who built it and believed revenue cycle could be done differently. I'm confident Lee will keep challenging the industry to break from the status quo that compounds waste in healthcare." Rivas was Chief Executive Officer of Cloudmed, a revenue cycle technology company, where he led the company through a period of rapid growth and its acquisition by R1 RCM. He then led R1 as Chief Executive Officer through its take-private transaction. Before Cloudmed he spent 14 years at RELX as Division President at LexisNexis Risk Solutions and Elsevier, where he led a global healthcare and identity data business. Rivas is a graduate of the United States Military Academy at West Point, served as an officer in the U.S. Army, and holds an MBA from Harvard Business School. He began his career at McKinsey & Company. About Xsolis Xsolis is an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers. Dragonfly(R), its AI-driven proprietary platform, is the first and only solution to use real-time predictive analytics to continuously assign an objective medical necessity score and assess the anticipated level of care for every patient, enabling more efficiency across the healthcare system. Xsolis is headquartered in Franklin, Tennessee. For more information, visit www.xsolis.com. Media Contact Stacy Callahan, Astonish Media Group, [email protected], astonishmediagroup.com

The Manila Times
Sep 1st, 2026
Xsolis launches generative AI solution to streamline peer-to-peer reviews following payer denials.

Xsolis launches generative AI solution to streamline peer-to-peer reviews following payer denials. By GlobeNewswire September 1, 2026 New Dragonfly capability automatically creates a clinical synopsis to help physician advisors prepare for time-sensitive payer conversations FRANKLIN, Tenn., Sept. 01, 2026 (GLOBE NEWSWIRE) - Xsolis, an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers, today announced the general availability of its GenAI Peer-to-Peer Clinical Synopsis solution. The new capability is available within the company's existing solution built for physician advisor teams, Dragonfly Advise(R), and helps physician advisors prepare to discuss denied cases with health plan medical directors. Peer-to-peer conversations must often take place within 24 to 72 hours of a denial, leaving physician advisors limited time to review the medical record and prepare the clinical case supporting a patient's level of care. According to the American Medical Association, nearly half of physicians who do not pursue an appeal cite a lack of time or staff resources, while data compiled by KFF shows that more than 80% of formally appealed denials are ultimately overturned. Xsolis' new capability scans the medical record for key clinical facts, including laboratory results, vital signs, treatment, and patient progress. It then creates a concise patient overview and day-by-day summary of the clinical severity indicators and medical necessity rationale supporting continued inpatient care. Generated automatically when a peer-to-peer review is escalated within Dragonfly Advise, the summary helps the physician advisor quickly understand the case before speaking with the payer. "Peer-to-peer reviews are among the most time-sensitive points in the denial process, and physicians are often preparing for them while managing a full clinical and administrative workflow," said Joan Butters, co-founder and CEO of Xsolis. "By bringing the most relevant clinical facts forward, we can reduce the work required to reconstruct the case, help physician advisors enter the conversation prepared, and surface details that are easy to miss in a complex chart." Xsolis has signed agreements with several health system partners to add the GenAI Peer-to-Peer Clinical Synopsis solution to their utilization management and physician advisor workflows, with implementation underway in the coming months. This launch marks the third generative AI capability Xsolis has introduced within Dragonfly, its AI-powered platform for healthcare providers and health plans. The company previously developed solutions to support appeal letter preparations and streamline initial medical necessity reviews. In a three-month pilot with Beacon Health System, the medical necessity review solution reduced average review time by 68%, from 15 minutes to 4.7 minutes. The GenAI Peer-to-Peer Clinical Synopsis is available as an add-on capability within Dragonfly Advise and can be enabled at the hospital or facility level. The solution's next set of enhancements include the ability for Xsolis' Peer-to-Peer Clinical Synopsis to be consumed within other systems that Physician Advisors utilize for peer-to-peer conversations. About Xsolis Xsolis is an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers. Dragonfly(R), its AI-driven proprietary platform, is the first and only solution to use real-time predictive analytics to continuously assign an objective medical necessity score and assess the anticipated level of care for every patient, enabling more efficiency across the healthcare system. Xsolis is headquartered in Franklin, Tennessee. For more information, visit www.xsolis.com. Media contact: Stacy Callahan, Astonish Media Group for Xsolis 917-972-1101 Stacy Callahan, Astonish Media Group for Xsolis [email protected] 917-972-1101

Eli Ace
Jul 20th, 2026
Evening briefing, july 20, 2026: grid squeeze meets AI arms race while Iran keeps oil nervous.

Evening briefing, july 20, 2026: grid squeeze meets AI arms race while Iran keeps oil nervous. Evening check-in from the marketplace. 166 fresh listings across 42 verticals tonight, zero skipped, zero failed - clean run. Here's what stood out. The grid is the real AI bottleneck now. PJM's 2027/2028 capacity auction cleared at $333.44/MW-day and the market is still 6,500 MW short. That's not a rounding error, that's a structural power shortage showing up in a live auction price. Meanwhile the US interconnection queue has swollen to roughly 1,946 GW of proposed capacity waiting to connect, and Moody's is flagging hyperscaler capex topping $700B in 2026 alone. Data center build costs now run $11.3M/MW for standard shell-and-core versus $20M+/MW for AI-optimized builds. The compute race and the power race are now the same race, and power is losing. At the same time, the Dodge Momentum Index slipped 1.9% in June specifically because data center planning cooled. That's a small crack worth watching: are some developers pausing because they can't secure power, not because demand for compute cooled? AI arms race keeps sprinting. Moonshot AI's Kimi K3 just topped the Arena frontend-code leaderboard, edging past Claude Fable 5, though Fable 5 still leads general coding benchmarks. AMD's Helios rack-scale AI system landed Microsoft as a buyer, opening a real second-source option against NVIDIA at the rack level. And in a genuinely notable policy shift, the US cleared NVIDIA and AMD AI chip sales to Chinese firms including a ZTE unit. Export policy on the highest-end compute is loosening at the exact moment power is tightening domestically. Worth sitting with that combination. Also on the radar: MCP's final 2026-07-28 spec ships in 8 days with a stateless core and real breaking changes for server authors - a 12-month deprecation clock starts the moment it lands. Energy: Iran still setting the tone. Oil reversed off one-month highs Monday as Iran signaled room for talks, but Strait of Hormuz transit volumes have collapsed to single digits as tanker incidents keep mounting. Diesel jumped 22 cents to $4.796 nationally - trucking spot rates are already at multi-year tightness (DAT van spot rate topped contract rate for the first time since 2022), so a further diesel spike would compress carrier margins fast. Housing splits further, banks stay calm. Housing starts jumped 19% in June on a multifamily rebound, but single-family stalled and building permits hit a 10-month low. NAHB builder confidence fell to 34. Mortgage rates are at an 11-month high of 6.55% heading into Wednesday's read. Meanwhile household formation slowed to its lowest pace since 2017 - the demand side and supply side of housing are both struggling, just in different ways. Regional banks had a clean Q2: Regions beat EPS at $0.68 with NIM holding 3.66%, Fifth Third and Comerica both grew NII, credit quality stayed benign across peers. Not the story tonight, but a useful counterweight - core lending is fine even as construction financing gets more expensive. Healthcare data keeps leaking. Two big breaches this week: Craneware's billing software breach hit thousands of US hospitals and pharmacies, and a business-associate breach at Xsolis exposed roughly 1.4 million patients across 8 health systems, now under OCR investigation. New Jersey and New York are both moving on sensitive health-data-sale bans. If you sell into healthcare IT, compliance posture just became a bigger differentiator than feature lists. Bottom line. Power availability, not chip availability, is becoming the binding constraint on AI buildout. Diesel and housing are both signaling stress from different directions. And two more healthcare breaches landed in one week - that trend isn't slowing down. 166 listings live tonight across 42 verticals on Vertical Marketplace. Free to browse, 15% commission on sales (sellers keep 85%). Full construction breakdown at roadmap4ai.com. Frequently asked questions. Why did PJM's capacity auction price matter this week? It cleared at $333.44/MW-day while the market remained 6,500 MW short, a live market signal that power supply, not chip supply, is now the binding constraint on data center and AI buildout. What happened with US chip export policy to China this week? The US cleared NVIDIA and AMD AI-chip sales to Chinese firms including a ZTE unit, loosening export restrictions on high-end AI compute even as domestic power capacity tightens. Is the housing market improving or worsening? Both, in different segments: June starts jumped 19% on a multifamily rebound, but single-family stalled, building permits hit a 10-month low, and mortgage rates hit an 11-month high of 6.55%. What is the commission structure on Vertical Marketplace? Browsing is free, and sellers keep 85% of every sale (15% platform commission), with Stripe Connect handling payouts.

Cybersecurity Review
Jun 22nd, 2026
A VBScript campaign distributed through WhatsApp deploying RMM software.

A VBScript campaign distributed through WhatsApp deploying RMM software. In June 2026, Kaspersky observed a malware campaign distributing malicious VBScript files through direct messages in WhatsApp. The campaign affected users across multiple countries and territories, including Malaysia, Brazil, India, Mexico, Singapore, UK, Spain, Taiwan, Australia, Russia and Vietnam, with the highest number of victims observed in Malaysia. At the time of writing this article, the campaign is still active. Analysis shows that the campaign primarily targets users of WhatsApp Desktop and WhatsApp Web. The threat actor uses deceptive file names masquerading as business and financial documents to persuade recipients to download and execute the attachment. * US healthcare AI platform Xsolis confirms data breach that affects 1.4 million individuals June 23, 2026 Healthcare technology company Xsolis disclosed a cyberattack in which it lost sensitive data on almost 1.4 million customers. Xsolis is a company that uses AI to help healthcare organizations make faster and more consistent decisions about patient care and utilization management. Earlier this week, it published a data breach notification on its website, saying that it ... * A VBScript campaign distributed through WhatsApp deploying RMM software June 22, 2026 In June 2026, Kaspersky observed a malware campaign distributing malicious VBScript files through direct messages in WhatsApp. The campaign affected users across multiple countries and territories, including Malaysia, Brazil, India, Mexico, Singapore, UK, Spain, Taiwan, Australia, Russia and Vietnam, with the highest number of victims observed in Malaysia. At the time of writing this article, ... * AI models capable of devastating attacks on governments and business months away June 22, 2026 Powerful AI models capable of devastating new cyber attacks on governments and businesses are mere months away, intelligence agencies for the Five Eyes have warned in a rare joint statement, urging leaders to "act now". The surprising public intervention by signals agencies for Australia, the US, the UK, New Zealand and Canada comes after the Trump administration ... * Brazil probes emergency warning system after nationwide rogue alert June 22, 2026 The Brazilian National Secretariat for Civil Protection and Defense (SEDEC) and Federal Police (PF) are investigating a suspected hack of the country's emergency alert system after an unauthorized "extreme" alert pinged devices across the country. Defesa Civil Nacional confirmed that its dispatch platform, often used to inform the public about severe weather events, was taken offline in ... * Gizmodo readers hit with ClickFix malware prompts after account compromise June 22, 2026 Veteran tech website Gizmodo confirmed a compromise on Saturday after readers reported ClickFix malware prompts appearing on article pages. Users posted screenshots of fake CAPTCHA windows appearing on Gizmodo's site. The attack aims to fool users into running malicious code via their terminals. According to Proofpoint threat researcher Tommy M, the attack was seemingly launched by an affiliate of ... * Cyber criminals who hacked into Transport for London's computer network are convicted June 22, 2026 Two young men have admitted mounting a cyber attack on Transport for London (TfL), which cost tens of millions of pounds in losses and inconvenienced thousands of customers. The National Crime Agency and City of London Police investigated Thalha Jubair, 20, from East London, and Owen Flowers, 18, from Walsall, West Midlands, after TfL's network was...

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