AMS Reference Laboratory Adopts Innovative Approach to Revenue Cycle Management

SAN DIEGO, May 12, 2004 (BUSINESS WIRE)--

AMS Signs Agreement With XIFIN, Inc.

AMS Reference Laboratory, a leading regional clinical lab serving patients throughout Kansas, has agreed to replace its billing system with XIFIN comprehensive offer of revenue cycle management systems and services.

Faced with an increasingly complex reimbursement environment compounded by its growing customer base, AMS realized that they were outstripping the capabilities of traditional billing software. Additionally, to remain competitive AMS needed better financial information to manage their business.

"XIFIN has the only AR management solution that will meet all of our needs," notes Margo McDonald, COO of AMS. "The inherent limitations of our billing software have been hurting us. With XIFIN, we will not only fix many existing problems, we will be able to extend critical capabilities in areas like financial reporting and customer service."

"Labs are beginning to recognize the untapped value of their financial data," commented Lâle White, CEO of XIFIN. "Though cash collections remain their top billing priority, more and more labs are coming to XIFIN because of our advanced financial analysis and reporting capabilities. AMS represents a new, emerging class of sophisticated lab operations."

About AMS Reference Laboratory:
20 years since inception, AMS operates as part of the Via Christi Health System. AMS operates from a 17,000-sq. ft. central production facility located at 2916 E. Central in Wichita, Kansas. This new facility combined with a staff of highly competent and dedicated employees, under the direction of board certified pathologists, provides laboratory test results and valuable consultation services to regional hospitals, clinics, nursing homes, industry, and many physicians. Since its inception, AMS has embraced a tradition of teamwork with its employees and clients to continuously improve services and establish new ones to meet the needs of patients and clients throughout Kansas.

About XIFIN Inc.
Founded in 1997 by senior laboratory executives, XIFIN® delivers a highly automated application with integrated infrastructure services to support laboratory AR and financial management operations. XIFIN improves financial management, while targeting process errors that lead to bad debt, rework and compliance liabilities. Closed-loop, rules-driven workflow automation addresses billing complexity. XIFIN Services manage, deliver and maintain the entire infrastructure supporting AR including: connectivity, reference databases, payer requirements, transaction services vendors, hardware & software, as well as compliance/regulatory workflow logic. For more company information as well as to learn about free, on-line resources for billing operations, visit www.xifin.com.