Blog Posts by Tag: Technology
The Power of Revenue Cycle Management
Laboratories, pathology practices, molecular diagnostics, outreach programs and remote patient monitoring organizations all have financial pressures. Whether it is a competitive landscape, lower reimbursement rates, changing payor policies, fee schedule changes or rising denials and appeals, it's more important than ever to have a robust billing system that maximizes your revenue. Without it, you...
Practical Approaches to Diagnostic RCM Digital Transformation
A lot has been written over the past several years about digital transformation. While there is agreement that digital transformation is a valuable investment, often it isn't easy to know where to start. The COVID-19 pandemic has so increased volume for many diagnostic laboratories that digital transformation is no longer an option. It is mandated to keep up with the pre-pandemic levels of...
Enabling NGS Testing and Precision Medicine with Fabric AI Technologies
Enjoy the following content from our partner, Fabric Genommics. Next-Generation Sequencing (NGS) testing is experiencing tremendous growth driven at a high level by the promise of precision medicine and the life-changing power of applications in preventive genetic screening, somatic testing, and rare disease diagnosis. In all of these use cases, we see important clinical advances. Preventive...
XIFIN Client and Patient Portals Improve Retention and Accelerate Reimbursements
Typically, if a patient has a question about a bill they receive for laboratory testing, they must call the laboratory to get those questions answered. They also must call the laboratory to request a payment plan, if they cannot afford to pay their entire balance at once. In some cases, patients even need to call the laboratory to pay a balance by credit card.For larger laboratories, this means...
Streamlining Diagnostic Processes: How Dolbey Fusion Narrate Integrates with XIFIN LIS
Enjoy the following content from our partner, Dolbey. Thousands – or even millions – of data points can be recorded in and referenced from an LIS, but moving back and forth between the LIS and lab tests can drag down your productivity. With speech recognition, you can reference and record information in an LIS without a mouse and keyboard. One of the most powerful laboratory information...
XIFIN Launches XIFIN LIS 7 and Announces a New Strategic Partnership with Dolbey
The COVID-19 pandemic has created a tremendous uptick in diagnostic testing. The significant drop in routine test volume experienced in late March through April that was due to the COVID-19 pandemic has for the most part recovered, and the addition of COVID testing has pushed clinical laboratory test volumes well above traditional levels. This means lab leaders need new capabilities and...
How AI Can Optimize the Laboratory Revenue Payment Lifecycle
Enjoy the following content from our partner, Infinx. Maximizing revenue in the laboratory healthcare industry’s complex third-party payer system has always been a challenge. With increasingly elaborate payment models and escalating payer scrutiny for high-tech testing, it’s never been more critical to stay current with new technological advances in the revenue payment lifecycle.For our...
Selecting a Purpose-Built Lab RCM and Service Is the Right First Step ― But They’re Not All Equal
Over the past year, leading global IT research and advisory firm, International Data Corporation (IDC) published a paper and participated in a webinar discussing the benefits for hospitals and health system laboratories in choosing purpose-built revenue cycle management (RCM) systems. In the IDC paper, research director Mutaz Shegewi examines the specific benefits for hospitals and health systems...
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