Blog Posts by Tag: Technology
Solution or Problem? Has the PDF Outlived Its Usefulness in Health Information Management?
The time has come to make the EHR smarter by allowing access to fully integrated and curated patient data that is readily accessible and searchable. It is only when we have completely interoperable systems with data analytics capabilities and no data locked away in PDFs that we will realize the full potential of electronic health information systems.How PDFs Became a Standard for Sharing Health...
Choosing to Outsource Your Revenue Cycle Management (RCM) or Do it Yourself? Key Considerations
Achieving operational efficiency throughout a hospital, health system, independent laboratory, or independent diagnostic testing facility (IDTF) is an important criterion to ensure success. Diagnostic leaders know that by gaining efficiency and effectiveness in their revenue cycle management (RCM) processes and improving cash collections, they can significantly improve the profitability of the...
Why Your Lab Needs a Strategy to Launch Next Generation Sequencing
The Next Generation Sequencing market is growing at a rapid rate. Fortune Business Insights said the market was at $6.3 billion in 2018 and will surpass $31 billion by 2026, with a third of this market from NGS services. Contributing factors to this growth include drug discovery applications, diagnostic tests based on sequencing, and a rapid pace of new test kits and testing services.Challenges...
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...
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...
The Evolution of Diagnostics: Climbing the Value Chain
The diagnostics industry has seen miraculous growth in the last two centuries and continues to make great leaps forward. However, there is much still to be accomplished. One hundred fifty years ago, a doctor relied on his or her five senses to diagnose disease. Fast forward 100 years and physicians were starting to use basic tools to define diseases and figure out how to start treating...
Enhancing the Value of Precision Medicine Informatics
Exploring the value of precision medicine informatics (PMI), a recent XIFIN and The Journal of Precision Medicine study reported that approximately 60% of respondents said that their enterprise system, such as their EMR or EHR, did not meet or only partially met their needs as a precision medicine user.Survey-takers said the most challenging physician, or a patient-facing IT system/software issue...
Hottest Blog Topics of 2019
In 2019 we discussed many thought-provoking topics and trends regarding laboratories, medical billing, revenue cycle management, and much more. Here is a short recap of the top 5 most-influential blog posts:1. Hidden Landmines in Revenue Cycle Management: Industry Challenges, Patient Engagement, and Denial TrendsMany trends in payor behaviors and reimbursement go unnoticed due to outdated RCM...
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