Westcliff Medical Laboratories Goes-Live With XiFins Revenue Cycle Management Solution

SAN DIEGO, CA., September 20, 2005 — (BUSINESS WIRE) — XiFin^®, Inc., today announced the addition of Westcliff Medical Laboratories, the largest independent clinical lab in Southern California, as a “live” customer for its accounts receivable (AR) management system.

As a part of a series of major strategic initiatives to improve A/R management, Westcliff saw in XiFin the opportunity to improve efficiency while capturing better financial information. XiFin will become a critical component in Westcliff’s strategy to utilize accounts management technology.

More and more, laboratories are recognizing the need to do more with IT. Revenue management system companies like XiFin have demonstrated that, not only does effective management of billing and accounts receivables improve collections, it provides access to information that enables better overall management of the laboratories’ business.

“Our expectation is that XiFin will take us to a new level in not only managing our AR, but also in how we will use this information to manage our sales,” noted Richard Nicholson, president and CEO of Westcliff. “I’ve been impressed with their ability to provide a comprehensive AR system that is user friendly and provides the flexibility in information reporting formats to meet our needs.”

“Working with a lab of Westcliff’s stature is enormously gratifying for XiFin,” said Lale White, Executive Chairman of XiFin. “Westcliff provides an excellent opportunity for XiFin to showcase its capabilities and impact on a high volume laboratory committed to excellent customer service.”

About Westcliff:
Westcliff Medical Laboratories, Inc. has been providing clinical laboratory services in Southern California for over 40 years. It specializes in providing clinical and anatomical laboratory services to physician offices, clinics, subacute treatment centers, public sector entities and home-bound patients.

About XiFin

XiFin is an innovative software and services company dedicated to optimizing the economics of healthcare. The company’s cloud-based technology and business intelligence platform links healthcare stakeholders in the delivery and reimbursement of care, optimizing both business and patient outcomes and providing informed, streamlined diagnostic and business decision-making. To learn more, visit www.xifin.com, or follow XiFin on Twitter at www.twitter.com/#!/XiFin.