PRESS RELEASE

Memorial Healthtech Laboratories Goes-Live With XIFINs AR Management Systems And Services

XIFIN®, Inc., today announced the initial go-live by Memorial Health Services of its comprehensive infrastructure management system and services for outpatient laboratory billing operations.

XIFIN will deliver its complete AR management system and services to Long Beach Memorial’s outreach laboratories services.

Like other health care systems, Long Beach Memorial’s Health Services has been pursuing strategic IT outsourcing to better manage mission-critical information management budgets and resources. XIFIN’s approach goes beyond typical IT outsourcing in that it focuses on managing and delivering those aspects of the process that are too costly and problematic for in-house resources to adequately manage: process infrastructure — a key source of process errors and failures. Embedded within XIFIN’s application are not only the IT infrastructure, e.g. software and hardware, but also all essential services and resources necessary to support billing which includes creation and management of all connectivity to users, clients, transaction services providers, systems and resources, reference data, as well as process logic to manage regulatory standards and guidelines. The application’s rules-driven workflow management minimizes errors and denials while speeding the overall process.

"Memorial Healthtech Laboratories is further validation of our approach to AR management," noted Lale White, CEO of XIFIN. "Laboratory billing needs more than what traditional billing software can deliver. Integrated, expert services have proven to make a significant impact on a lab’s bottom-line."

Memorial Healthtech Laboratories (a division of Long Beach Memorial Medical Center) is a hospital-based outreach laboratory service. Healthtech Laboratories is one of the largest outreach laboratories in California servicing clients in the greater Long Beach, LA and Orange County area.


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.


XIFIN

Media Relations

To speak with XIFIN directly, contact Fran DuCharme at 858.436.2939 or complete the form below for assistance.

To speak with our PR firm, contact Julie Sculley at 617.986.5730.