PRESS RELEASE

XIFIN White Paper Evaluates Technology-driven Back-Office Improvements That Can Double Laboratory Profitability

Revenue Cycle Management Automation: A Strategic Initiative with Fast Payback

San Diego, Calif. - May 1, 2012 - XIFIN, Inc., the company revolutionizing revenue cycle management for diagnostic service providers, today announced the release of a new white paper in its CEO'­s Guide series exploring how laboratories can leverage technology to reduce costs and increase collections to more than double profitability. The complimentary whitepaper, "A CEO's Guide to Doubling Profitability: Using Technology to Reduce Back-Office Costs," hosted by Robert Michel, Editor-In-Chief of The Dark Report and President of The Dark Intelligence Group, Inc., can be downloaded at http://www.darkdaily.com/white-papers/a-ceos-guide-to-doubling-profitability-using-technology-to-reduce-back-office-costs-42312#axzz1sskGMCoZ

Co-authored by XIFIN executives Lâle White, executive chairman and CEO, and David Lorber, Ph.D., director of business development, the white paper examines the fundamental levers that significantly impact a Lab's profitability, and how technology can be instrumental in reducing costs and increasing revenue.

The XIFIN white paper is a must-read for anyone wanting to understand the cost drivers behind back office costs and how to utilize technological advances to optimize operational and financial performance. Readers will gain insight into:

  • Eight manageable technology-driven back office cost improvements that can double profitability, without fundamentally altering the Lab's operating structure or business
  • How to leverage economies of scale to reduce operating costs
  • Next generation revenue cycle management solutions

To accompany the new white paper, XIFIN is also sponsoring a CEO's Guide to Profitability videocast series that will delve in greater detail into individual issues discussed in the paper. Subscribe to be alerted when a new videocast is available, and learn how to bring profitability and cost measures to life.

XIFIN processes more than 100 million claims per year across a wide variety of healthcare segments including clinical, hospital outreach, anatomic pathology, molecular diagnostics, toxicology, radiology and more. Customers see a 50-100% improvement in profitability by using the XIFIN system, and have realized cumulative gains of $1 billion in net cash collection, adjusted for growth.


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.

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