Home > About XIFIN > Technology > Business is Better in the Cloud

Business is Better in the Cloud

Free yourself from traditional software and its hidden costs, high failure rates, unacceptable risks, and protracted implementations. Speed the exchange, analysis, and understanding of information, improve operational and financial performance, and open up to new ways to interact with other healthcare stakeholders.

What Is Cloud Computing and Why Is it Better?

Possibly the easiest way to understand what cloud computing means is to define it in terms of what it’s meant to replace. Before cloud computing, traditional business software was complicated and expensive. It required a variety of hardware to run, and demanded a whole team of IT experts to install, configure, test, run, secure, and update it. When you multiply this effort across the dozens of applications needed in today’s business environment, it becomes easy to see why organizations fail to get the performance they desire.

Increasingly, organizations of all types are turning to cloud computing to minimize time and money spent on the care and feeding of complex hardware and software environments. The cloud frees companies from traditional software and its hidden costs, risks, and drawn-out implementations. It enables organizations to focus on strategic activities that will drive added value.

It is important to recognize that as the buzz surrounding cloud computing grows, many vendors simply rebrand their non-cloud products and services as “cloud computing,” without actually delivering any of the fundamental benefits of being in the cloud. Always evaluate cloud offerings with care to ensure they actually are cloud offerings, with the attendant benefits:

World-Class Service Delivery

Taking advantage of economies of scale, cloud solutions offer greater scalability, disaster recovery, and better uptimes than on-premises or hosted ASP solutions are able to provide.

Proven Web Services Integration

Cloud solutions are by their very nature easier and quicker to integrate with other applications, both internally and externally.

No Hardware to Install

Not only is the problem of installation and maintenance removed, but a cloud-based solution requires significantly less capital expenditure to get up and running.

Faster & Lower-Risk Deployment

A truly cloud-based solution is configurable and fundamentally connected, so getting up and running takes a fraction of the time and effort.

Impactless & Automatic Upgrades

Cloud-based solutions, by their design, are made to automatically and seamlessly upgrade while preserving configurations and system connectivity.

But gaining hardware and software efficiencies—although significant in their own right—merely scratch the surface of the benefits of cloud computing.

“What's better? Me with an IT dept that is stretched thin or a company like XIFIN, that has a dedicated staff to develop a product and a staff to defend themselves. Security and these related issues will be better handled by those vendors. And the better solution is cloud for that reason.”

Fritz Gartner

CEO, Applied Diagnostics

The Four I's of Cloud Computing

Today’s healthcare environment is a demanding one, requiring agility, visibility, and unprecedented levels of information access and sharing, all in an effort to reduce healthcare costs while improving patient outcomes. XIFIN’s cloud-based Health Economics Optimization Platform, with its service oriented architecture, leverages the cloud and is by design:

Interoperable

Using standard Internet and healthcare interoperability and security protocols, the XIFIN platform is built to be delivered over the Internet, sharing communications, information and services with disparate and distributed systems.

Informative

The XIFIN platform actively communicates with other systems, enabling up-front, real-time, error identification and correction. At a higher level, the XIFIN platform enables diagnostic service providers to participate in value-based pricing models through a smooth exchange of data with change programs like CER and P4P, and with monitoring groups like RAC, MIC, and MAC.

Intelligent

The XIFIN platform allows decision support and business analytics tools to reliably capture the right data at the right times from the right places. By easily allowing access to clinical and financial data systems, XIFIN enables providers to participate in evidence-based or outcomes-based medicine programs. From a governance perspective, this level of intelligence allows providers to identify and avoid errors that could result in denials or fines. Today, the healthcare industry is just beginning to scratch the surface of what is possible with advanced analytics. The XIFIN system is at the leading edge, and is designed to allow service providers to analyze data or patterns of data to capitalize on efficiencies and minimize sources of error and waste.

Instantaneous

The XIFIN platform operates in real time, keeping the system current, and enabling immediate data correction at the point of entry. Today’s environment is replete with rapidly changing standards, tests, and payor rules, all of which provide ample opportunity for systems to be out of date and out of sync with one another. The XIFIN platform delivers the cost-effective means for diagnostic service providers to stay current within and across systems, and minimizes lost revenue and the possibility of noncompliance. The XIFIN platform helps avoid front-end errors, resulting in significant labor savings, and increased revenue.

Business is better in the cloud. Organizations are freed from traditional software and its hidden costs, high failure rates, unacceptable risks, and protracted implementations. Even better, the cloud’s interoperable and connected foundation speeds the exchange, analysis, and understanding of information, improves operational and financial performance, and opens up new ways for healthcare stakeholders to operate, which in turn leads to better outcomes. Cloud computing is essential to the achievement of health economics optimization.

What's Keeping You Awake at Night?

Learn how cloud-based XIFIN RPM can help you get a better night's sleep.