US hospitals face ongoing financial challenges, regulatory mandates, and patient care goals that dictate the need for a strong technological foundation. Integrated laboratory solutions that drive efficiencies and deliver much-needed analytics are more critical than ever.
Hospital Laboratory Management Solutions
XiFin solutions for hospitals and outreach labs are uniquely capable of delivering the interoperability, connectivity, advanced workflow, and visibility needed in today's leading hospitals. XiFin delivers measurable results, with improved cash collections, efficiency gains and compliance management capabilities that substantially improve the bottom line and mitigate risk. In addition, our revenue cycle management solution has the flexibility to let labs outsource billing and related services to our team of experts to achieve revenue gains as quickly as possible.
Featured Hospital Success Story
North Memorial Reference Laboratory successfully brought its billing in-house from an outsourced billing solutions provider and in the process gained 30% year-over-year growth, heightened customer service, and improved staff morale. Watch the video to hear more about the laboratory’s impressive turnaround thanks to XiFin hospital laboratory solutions.
"The data we get is sound, is valid. Actually, XiFin is our source of truth. Even when Accounting or Finance questions volumes, we say, let's go to XiFin — that's our source of truth."
Director of Diagnostic Therapy & Care Management
North Memorial Health
Built to Achieve Performance Optimization
With ongoing margin compression, hospital outreach laboratories need a platform that enables not just a smarter billing or laboratory information system, but a technological foundation that encompasses both clinical and financial aspects, and lets laboratories gain the visibility they need to take control of their business.
This report, in partnership with The Journal of Precision Medicine, explores insights and discoveries about the emerging field of PMI and population health informatics.
Today’s diagnostic providers, hospital outpatient departments, and specialty physician groups run on razor-thin margins. This is due to a combination of market pressures.
A new survey of hospitals and health systems has identified a subset of respondents with significant need for more efficient and effective outpatient services revenue cycle management.