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Blog Posts by Tag: Revenue Cycle Management

Molecular Diagnostic Market-Share Expansion: Keys to Success

The molecular diagnostics market has experienced tremendous growth in recent years. It’s a complex business with many challenges, including prior authorization requirements, diagnostic coding changes, the evolving regulatory landscape, and specimen collection moving from physician offices and laboratories to the home. Growing and scaling a successful molecular diagnostics business requires...

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What Can Medical Providers Learn from the Southwest Airlines Fiasco?

Even those who were lucky enough not to be traveling over the holidays are aware of the epic fail at Southwest. While all airlines were impacted, Southwest was running at about a third of their scheduled flights even after the brunt of the bad weather had passed. The impact on travelers was so significant, and so far outside of what other airlines experienced that a government investigation was...

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New Scorecards Help Laboratories and Diagnostic Providers Track Performance on Key Metrics and Compare Results Against Peers

Laboratories and diagnostic providers are always interested in new and easier ways to leverage objective, market-based assessments of key performance indicators (KPIs), particularly in the context of their peers. To provide this insight, XIFIN recently launched a series of new scorecards that leverage XIFIN best-in-class performance metrics and segment-specific industry benchmarks. Through a...

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2023 MIPS – Examining How Pathology Scores Are Calculated

In the 2023 Quality Payment Program (QPP) final rule, there were minimal changes to the traditional Merit-Based Incentive Payment System (MIPS). The final rule focuses on further refining MIPS Value Pathways (MVPs) implementation. However, there are no pathology-related MVPs at this time. Therefore, the majority of pathologists will continue to participate under the traditional MIPS program.Two...

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Quick Wins to Mitigate Hospital Staffing Challenges

In its annual survey, the American College of Healthcare Executives (ACHE) asked community hospital CEOs to rank 11 issues facing their organizations. Personnel and staffing shortages leapt to the forefront – ranked as the number-one concern for the first time since 2004. Equally noteworthy, staffing shortages skyrocketed from an average ranking of 4.6 of 11 in 2019 to 1.6 in 2021. RNs topped the...

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Top 5 Blog Posts of 2022

As always, XIFIN’s Beyond Billing blog kept abreast of key issues and hot topics within the healthcare industry, staying especially in tune with legislative proposals that can potentially impact reimbursement and revenue.Here are the top blogs of 2022, with far-ranging topics that include PAMA and SALSA, the No Surprises Act, digital pathology, and revenue cycle management. 1. Laboratory Test...

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ACLA Launches “Stop Lab Cuts” Campaign Urging Congress to Enact SALSA

The American Clinical Laboratory Association (ACLA) has launched the Stop Lab Cuts advocacy campaign, urging Congress to stop further Clinical Laboratory Fee Schedule (CLFS) cuts under the Protecting Access to Medicare Act (PAMA) through the enactment of the Saving Access to Laboratory Services Act (SALSA).The campaign includes advertising, media outreach, grassroots engagement, stakeholder...

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The Role of AI, Analytics, and Automation in Boosting Outpatient RCM Performance

Jeff CarmichaelVP Engineering, XIFIN, Inc. Jared BlankenshipProduct Marketing Manager, Market Expansion, XIFIN, Inc. This blog is part of a series. Read Part 1 here. We recently presented a webinar to the members of The Healthcare Financial Management Association (HFMA): Outpatient RCM Gap Analysis...

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