In response to rising costs, the US healthcare system is dramatically changing. Managing costs, improving collectability, and measuring medical outcomes are the watchwords of the day, and require an unprecedented level of information access and sharing.
While laboratory and radiology services account for a small fraction of national healthcare spending, they influence 70 to 80% of medical decisions.
As the system of record for service providers, Revenue Cycle Management systems are being asked to serve an increasingly central role in the evolving US healthcare system.
The XIFIN iNet Platform
The XIFIN iNet platform empowers diagnostic service providers with the ability to leverage multiple information systems and data sources to maximize the effectiveness of their business.
This next-generation Revenue Cycle Management (RCM) system takes advantage of secure Internet and HIPAA-approved communication standards to deliver a billing solution that is Interoperable, Informative, Intelligent, and Instantaneous. The XIFIN iNet platform responds to the industry’s demand for information and analysis, and for laboratory and radiology practice needs for improved efficiency, accuracy, and timeliness.
Actively share information and services with disparate and distributed systems.
Communicate dynamically with other systems for real-time error identification and correction.
Take action on the unprecedented insight available; leverage it to automate future decisions and process improvements.
Correct error in real time, stay current with changing regulations and standards.
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A host of XIFIN iNet Web Services offerings are available from XIFIN to flexibly extend billing functionality out to EMR, LIS, CPOE, and other systems. These web services reduce the workload on billing staff by reducing duplicate data entry and allowing more self-service functionality. They also increase revenue by automating error processing and allowing 24/7 access to billing information and payment options.
The XIFIN iNet platform allows other systems, including LIS, RIS, CPOE, and EMR, to leverage RCM functionality.