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Blog Posts by Tag: Artificial Intelligence

The Marriage of Diagnostic Data and Artificial Intelligence to Dramatically Improve Health System Decision Making

Diagnostic data is transformative yet often underutilized. The volume of diagnostic claims and their related financial data is ripe for harvesting insights that can be a catalyst for health system decision making. Identifying leading indicators such as payor behavior and reimbursement trends can assist outreach programs and laboratories in optimizing their processes, and better managing their...

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Still Using Spreadsheets to Manage Your Lab Business? There Is a Better Way – Practical AI and Advanced Analytics

Laboratories, pathology practices, molecular diagnostic providers, and hospital outreach programs, as well as remote patient monitoring device companies, process millions of claims worth billions of dollars each year. Yet many diagnostic providers are still using spreadsheets, or legacy data management tools to do their financial or operational analysis. As a result, key financial and operational...

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XIFIN RPM 11: Gain Unmatched Insights and Automation to Improve Claim Accuracy and Reimbursement

Diagnostic laboratory and independent device testing facility (IDTF) leaders face increasing volumes, more rigorous payor requirements, and changing reporting requirements. Diagnostic providers are actively seeking to maximize reimbursements and reduce costs. To help meet these demands, XIFIN has introduced the latest version of its an award-winning revenue cycle management (RCM) platform, XIFIN...

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Is Your Lab Ready for an AI Digital Pathology Workflow?

Efficiency remains a vital healthcare goal, and in the field of pathology, the future will be digital.  While cost has been a roadblock for some labs looking to digitize, recent metrics are beginning to reveal the benefits: Error reduction and consistent outcomes, faster turnaround times, slide sharing, and storage benefits are just a few of the advantages. The advancement of integrated...

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AI Advances from Theoretical to Practical

For years artificial intelligence (AI) in healthcare has been a theoretical pipe dream, but as we approach the year 2020, practical AI applications seem to be becoming more of a reality. While AI machines will not be replacing human physicians in the near future, there are many other ways that these AI and machine learning technologies can assist in the health system.According to a BMJ...

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Enabling Precision Medicine Through AI

Enjoy the following content from our partner, Fabric Genomics. Precision medicine is of growing interest for healthcare providers and hospitals. The Precision Medicine Initiative defined precision medicine as an "emerging approach for disease prevention and treatment that takes into account people's individual variations in genes, environment, and lifestyle." At...

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Business Intelligence – Why EHR Revenue Cycle Modules Aren’t Enough for Hospital Labs (Part 4)

As the final installment of this 4-part series, we’ll review the remaining two considerations for hospital and health system lab leaders when it comes to selecting the right RCM system for outreach and outpatient laboratory services. As discussed earlier in this series, too often health system leaders expect outreach laboratories to use the hospital’s enterprise revenue cycle management (RCM...

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Best Practices for Protecting Customer Data: Focus on Data Breach Prevention and Protocol

With a company’s average cost of suffering a data breach at approximately $3.86 million (IBM/Ponemon Report), cursory defenses are not enough. Data security needs to be part of your culture.At a recent XIFIN roundtable, Kevin Hagen, XIFIN Vice President of Information Systems, and I discussed how XIFIN protects customer data. Kevin introduced the value of stolen PHI data and best practices for...

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