Through the partnership, PriorAuthNow’s platform, which is designed to connect EHRs with payers, will integrate with Xifin’s revenue cycle management solution for labs, XIFIN RPM 9.
The companies aim to make prior authorizations for lab test orders more efficient to help reduce denials and bring in reimbursement faster.
“Both hospital-based and independent labs are seeing a steady increase in more complex test orders, such as genetic testing,” said Lâle White, CEO of XIFIN. “They need a more efficient way to secure the required prior authorizations on these tests, allowing patients to obtain important diagnostic information in a timely manner while securing the appropriate reimbursement.”
More articles on healthcare finance:
CMS releases 2019 IPPS proposed rule: 10 things to know
A royal baby is cheaper to deliver than the average US baby
Healthcare has a cost problem, and Kaiser plans to solve it
