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Blog Posts by Tag: Technology

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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IDC Makes the Case for Purpose-Built Revenue Cycle Management Solutions

In September, International Data Corporation (IDC) released a new white paper, “Making a Case for Purpose-Built RCM: How Actionable Data and Lab Visibility Benefits Health Systems.” In this paper, IDC research director, Mutaz Shegewi outlines the many reasons that a laboratory-specific revenue cycle management (RCM) system is the best choice for hospital and health system outreach laboratories.In...

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How to Succeed as CIO in the New Decade

Enjoy the following content from our customer, Sonora Quest Laboratories. Have you ever wondered about the real meaning and purpose of a Chief Information Officer (CIO)? In today’s complex technological environment, it can have many meanings and require diverse expertise as will be shown in this blog post. Initially, however, the CIO role and title was created in...

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Black Book Market Research Survey Shows Sharp Rise in Clinical Outsourcing Partnerships

Are you thinking of outsourcing your billing and revenue cycle? Well, you're not alone — A recent Black Book Market Research survey reveals a sharp increase in clinical outsourcing partnerships due to the pressures of value-based care reforms.The survey said the top two reasons for outsourcing services are cost savings/avoidance (selected by 85% of respondents) and the expertise of the...

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Insights on the Current State of the Laboratory Industry

Today’s laboratory environment is constantly changing in some way or another, and those who wish to stay relevant and succeed must embrace digital transformation and stay on top of new rules and regulations. At XIFIN, we recognize that laboratories can often be overlooked in the wide scope of healthcare and understand the importance of engaging with our customers and partners. By pooling our...

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Suggestions for the Lab CIO

In the complex healthcare environment, there is always more to learn about any role within a lab. Recently, we had the opportunity to connect with thought leaders and technology experts at our CIO roundtable, and we came out with the following suggestions that we think can help the progress of the CIO role particularly:Use Technology That Supports the Use of DataIn XIFIN CEO and Executive...

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4 Reasons Your Lab Should Use Automated Bank Reconciliation

In a recent blog post titled “How the Most Successful Laboratories in the Country Continue to Thrive in the Midst of an Increasingly Complex Reimbursement Environment,” XIFIN Vice President of Sales, Steve Neilson discussed the importance of real-time visibility and business intelligence for laboratories. Laboratory revenue cycle management (RCM) solutions that are interoperable and are designed...

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“Big Data” Can Be a Big Threat – If You’re Not Prepared to Control It

Enjoy the following content from our strategic partner, U.S. Healthtek. Imagine a day where “Big Data” isn’t some abstract concept that costs you money and resources, but is a vital component to your lab’s success as a source of revenue.Well, that day was yesterday. Competitors now understand that the abundance of data is meaningless unless you know how to manage...

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