Greater Billing Control

Because XIFIN is a hosted, web-based application, providers are no longer required to maintain expensive software and IT hardware infrastructure or rely on outsourced billing companies in order to have a best-of-breed system.

For almost 10 years, XIFIN has been a pioneer within the SaaS (Software as a Service) movement. This revolutionary approach to enterprise software delivery makes the XIFIN billing platform accessible from any internet connected computer via a highly secure, SSL encrypted, connection. Currently utilized by 7 of the 10 largest laboratories in the United States, this approach has been validated by our success in handling over 100 million claims annually.

• Reduced Reliance On Internal IT Departments - Providers that choose to develop their own software or purchase on-premise applications discover complexity and the high costs required to maintain an IT infrastructure. In addition, due to the dynamic nature of reimbursement and compliance, most providers experience difficulty in keeping their software up to date with required system upgrades – which results in an out-dated infrastructure that leaves them exposed to compliance liabilities. However, because XIFIN was designed to be delivered as a web-based service, XIFIN’s clients do not face these challenges, since XIFIN takes over all responsibility for managing the billing system, including; hardware maintenance, data backups and software upgrades.
• Reduced Reliance On Third Party Billing Solutions - Providers that opt to use an outsourced billing service are often faced with a lack of control over their accounts receivable process. Many times management quickly realize that these third party companies may have different priorities in working through their account receivables, often only going after the low hanging fruit and simply writing off the rest. Additionally, the lack of detailed and transparent reporting means that they can never really be sure how much money is being left on the table or where the accounts receivable process can be improved. With XIFIN, however, providers get to retain complete control over their billing processes and priorities, and without any of the hassles of maintaining the hardware and software infrastructure or the burdensome overhead associated with hiring and training a large in-house IT staff.

The XIFIN billing system consists of a set of best practices harvested from over 30 years of experience managing the billing operations for most of the largest and best run laboratories in the US. And by managing all of the technical infrastructure and system upgrades for you, XIFIN ensures that your business is always on top of the latest industry changes.