The solution, now available, is designed to help laboratories efficiently process medical claims, the company said via news release. The solution’s features include tools to manage and automate filing these claims as well as tools to help users take a closer look at operational and financial performance.
“Laboratories are facing unprecedented operational, financial and revenue compression challenges that will likely grow as lab reimbursement and operating margins continue to shrink. Unfortunately, trimming operating costs will not make up the shortfall in revenue from laboratory fee schedule cuts, nor will reliance on outdated operating processes and technologies. We believe that XIFIN RPM 9 can play a critical role in uniquely positioning labs to improve workflow, optimize labor, ensure stakeholder engagement and thrive during the challenging times ahead.” XIFIN CEO Lâle White said.
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