XIFIN RPM in the Lab

XIFIN RPM is much more than a laboratory billing system: it's a full-fledged Revenue Performance Management solution that helps laboratories optimize their billing and collection practices, automate their billing workflow, manage medical claim filing, and reduce regulatory compliance risk.

XIFIN RPM in the Lab

XIFIN’s approach to laboratory billing is unique, and goes well beyond a billing system to a complete Revenue Performance Management solution. Designed for the high-speed low-margin laboratory environment, XIFIN RPM manages and automates medical claims filing, reduces the risks associated with regulatory compliance, and provides visibility into operational and financial performance. It centers on five key pillars:

  • Strong Technological Foundation: Cloud-based and designed for interoperability, XIFIN RPM is well-suited to today’s ever-changing and hyperconnected healthcare universe. While other solutions require lengthy integrations that fail to adapt to systemic changes, fall out of date quickly, and require significant investment in care and maintenance, XIFIN RPM is constantly and transparently updated. Our interoperable health economics optimization platform enables secure, flexible, extension to other internal and external systems.
  • Optimized workflow: XIFIN RPM employs sophisticated, highly configurable automated workflows that ensure upfront clean claim submissions in the shortest possible time.
  • XIFIN RPM Workflow
  • Extensive managed services: XIFIN is dedicated to your success. We handle the countless payor edits, regulatory modifications, and other changes so that you can concentrate on optimizing your billing; our laboratory billing expertise is unmatched. No other solution provides this level of service, and it is the key to ensuring you bill and collect all that is due to your lab, as quickly as possible. Our cloud-based platform makes delivery of such an extensive set of managed services possible.
  • Financial underpinnings:  Unlike traditional laboratory billing systems, XIFIN RPM was built to be a full Revenue Performance Management system. Written in a financial language and built to have full referential integrity, the solution balances every client to the penny, every month. Included is a complete financial accounting package that delivers GAAP and Sarbanes-Oxley compliant financial data for the general ledger; the system gives your management team the accuracy and detail needed to manage with confidence.
  • Business intelligence: You cannot manage what you cannot measure, so XIFIN RPM comes with world class business intelligence that delivers timely, accurate, and meaningful insights into your business.

XIFIN was founded and is run by laboratorians who have decades of experience managing, developing and running financial operations for some of the largest, best run clinical laboratories in the US. We understand the challenges your billing and finance departments face, and can help you take control of your revenue performance.