#1 Client-Rated Revenue Cycle Management Solutions
- 21% average improvement in cash collections
- 10% average revenue increase in year one
- 50% reduction in denials
- 300% appeal success improvement
- 100% major payor reach
“Since implementing XIFIN for our revenue cycle process, we’ve seen enhancements in several key areas across our organization, including cash collection improvements, increased visibility and better processes that result in the use of less resources.”
Mona Dinnauer, Laboratory Director-Outreach Services, MercyOne Des Moines Laboratory
XIFIN RPM
The RCM solution for growing outreach labs
Hospital outreach lab operators and administrators need financial management technology that not only helps improve cash collections, but also delivers visibility and control over financial operations, and provides connectivity within and beyond their organizations. XIFIN RPM is the answer ─ optimizing billing and accounts receivable processes, intelligently automating revenue workflow, facilitating claim and appeal filing, and reducing regulatory compliance risk.
“XIFIN’s RCM solution, XIFIN RPM, is superior and unrivaled in the diagnostic services market because it enables laboratories and other diagnostic service providers to operate efficiently, collaboratively and in a more sustainable manner in healthcare’s uncertain and ever-changing regulatory environment...In addition, customers that have invested in XIFIN RPM highly praise its solutions for demonstrating a solid increase in cash collections, laboratory productivity and efficiency.”
Frost & Sullivan
Case Studies
MercyOne Des Moines lab increased cash collections by 15% and automated 95% of order submissions with XIFIN RPM.
North Memorial Reference Laboratory realized 30% year over year growth in revenue after transitioning to XIFIN RPM.
Why XIFIN RPM?
XIFIN RPM goes beyond billing to provide a transformative Revenue Cycle Management with the visibility, business intelligence, and analytics diagnostics providers need to manage their businesses to peak financial performance. Designed for high-speed, high-volume healthcare diagnostics environments, XIFIN RPM proactively manages and automates diagnostic claims management throughout the revenue cycle process, reduces the risks associated with regulatory compliance, and delivers actionable insights.
Strong Technology Foundation
Cloud-based and designed for interoperability, XIFIN solutions are built upon a flexible platform that keeps stakeholders connected. While other revenue cycle management solutions require lengthy integrations, lack the ability to adapt to change, and require significant investment to maintain, XIFIN RPM with its advanced technology platform is seamlessly and transparently kept up-to-date.
Financial Integrity
Unlike traditional diagnostic billing systems, XIFIN RPM was specifically developed in a financial language with full referential integrity. XIFIN RPM clients are balanced to the penny every month, and every month receive from XIFIN RPM a general ledger-ready complete financial accounting package with GAAP and Sarbanes-Oxley compliant financial data.
Robust Workflow Automation
XIFIN RPM employs highly configurable automated workflows that ensure clean claim submissions upfront, and in the shortest possible time. This means far fewer clerical errors, significantly reduced denials, lower labor costs, and greater efficiency. With XIFIN RPM, it's all about producing clean, trackable claims that are reimbursed quickly and efficiently.
Real-Time Connectivity
XIFIN RPM is built for connectivity and interoperability. XIFIN web services deliver capabilities and information where they are needed. From patient and client portals to external systems, XIFIN web services operate flexibly, seamlessly, and with HIPAA and Internet security protocols built in.
Expertise And Managed Services
XIFIN handles the countless payor edits, regulatory modifications, and other changes so that you can concentrate on optimizing your billing. 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.
Business Intelligence
XIFIN RPM delivers reporting and business intelligence to support evolving healthcare models. Enterprise-grade financial reporting and data visualization options, key performance indicators, quarterly benchmarks, and enhanced end-of-month reporting packages set XIFIN RPM apart as the RCM with the most comprehensive and accurate reporting and business intelligence capabilities available.
Choose your time to learn if XIFIN RPM is a good fit for your lab’s RCM needs.
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