US LABS Selects XIFIN to Improve Revenue Cycle Management

SAN DIEGO--(BUSINESS WIRE)--June 10, 2003--

Combination of Technology and Services Key Selection Factors

US LABS, one the nation's fastest growing, privately held anatomic pathology laboratories, has selected XIFIN(TM) as the exclusive provider of financial systems and services for its billing and AR management.

"With our rapid growth, managing cash flow is critical," said Steve Pierce, CFO of US LABS. "XIFIN's combination of leading edge technology and on-going expert services was the clear choice in that, regardless of growth or changes in our business, they'll maximize our operational efficiency and bottom-line cash flow."

US LABS looks to improve revenue cycle management through the use of XIFIN's solution, which provides laboratories with all of the necessary resources and capabilities to successfully manage within today's complex reimbursement environment. At its core, XIFIN delivers workflow automation and complete IT infrastructure. Additionally, XIFIN's services continuously monitors, manages and provides access to all essential connectivity, transaction resources and service providers. This powerful combination translates into dramatic results, including; maximized cash flow, reduced compliance liability and overall lower staffing and operations costs.

"We're very pleased to be working with one of the leading pathology laboratories in the country," said Lale White, CEO of XIFIN. "Pathology has an unusual set of billing complexities which quickly overwhelm traditional billing software. US Labs will really showcase the capabilities of our offering."

About US LABS
Irvine-based US LABS is a national, diversified health care cancer diagnostic and genomics services company devoted to comprehensive, high quality, rapid response cancer testing. The company provides screening, diagnostic and prognostic cancer testing services to hospitals, physician offices and surgery centers. US LABS serves doctors and patients throughout the United States.

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.