Blog Posts by Tag: Technology
Business Intelligence and Advanced Analytics Deliver New Data Insights for Diagnostic Providers (Part 1 of 2)
I see the process of data science as being similar to the process historians go through to understand our past. In each case, we are looking back at something that has happened and making interpretations about it and how it might influence our future. In doing so, both data scientists and historians rely on primary data sources and sometimes secondary data sources. The challenge of using...
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...
Implementing a Remote Working Environment in Response to COVID-19? A Checklist to Get You Started
Kevin Hagen Vice President of Information Systems, XIFIN Mitch Fry Vice President of Sales, XIFIN Depending on their location in the country, laboratory billing departments have already moved or are starting to move their billing and financial team members home, and here at...
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...
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