XIFIN’s revolutionary approach to revenue cycle management helps to ensure that your laboratory not only stays up to date with the regulatory and compliance changes, but also that laboratory management has the insight needed to optimize business performance.
With XIFIN, clients are often able to realize substantial improvements in their overall billing operations, including; fewer denials, improved cash collections, greater process control and decreased risks of non-compliant billing processes. Plus, since XIFIN is delivered as a SaaS (Software as a Service) application, clients are able to reap these benefits while decreasing their expenditures on IT infrastructure and overall IT headcount.
- We Help You Stay In Front Of Change – Along with rapid growth and the increasingly complex reimbursement challenges that inevitably follows, XIFIN has been helping business face these issues head on. Whether it’s managing the typical reimbursement challenges faced by all laboratories, or addressing long standing difficulties such as modifier and consolidation rules, new payor requirements and split jurisdiction issues, we’ve been on the forefront of these issues and have designed the XIFIN billing system to quickly adjust to the needs of our clients.
- Detailed Analysis Of Laboratory Performance – You cannot manage what you cannot measure, and for this reason XIFIN offers access to a robust suite of detailed financial, performance, and operational reports, which serve to empower laboratory management with the information necessary to improve decision-making, enhance contracting and account management, and identify business areas that could most benefit from process optimization.
- We Focus On Technology, So You Can Focus On Your Business – Because the XIFIN billing system was designed as a web-based application, laboratories are no longer required to maintain the expensive IT hardware and software infrastructure required to run a secure, enterprise-class laboratory billing system. XIFIN’s dedicated staff, of close to 100 employees, work together on your behalf, ensuring that your businesses billing system is automatically kept up to date with the latest standards and compliance changes in the industry.
Designed around industry best practices, and used to process more than 150 million claims for most of the nations’ largest laboratories, XIFIN has proven to an important partner in enabling laboratories to automate their billing systems, better manage medical claims filing, and reduce the costs associated with regulatory compliance.