Pain Management

With the proliferation of increasingly complex diagnostic and monitoring tests for pain management, many labs are struggling to optimize their billing and reimbursement strategies. XIFIN’s industry-leading solutions are helping some of the country’s largest pain management laboratories deliver superior results.

With XIFIN, your laboratory can not only realize substantial improvement in billing operations, but also stay current with regulatory and compliance changes, and gain the financial controls you need to optimize business performance.

Pain management laboratories are under pressure to manage growth and address reimbursement challenges that accompany testing procedures that can be complex and variable (for therapeutic drug monitoring), or ongoing (when testing for patient compliance). XIFIN’s revolutionary system combines best practices, rules-driven automation, and expert services into a powerful mechanism for optimizing cash and reducing risk, all while decreasing IT infrastructure.

• We Help You Stay in Front of Change – Whether it’s managing the typical reimbursement challenges faced by all laboratories, or addressing longstanding difficulties such as modifier and consolidation rules, new payor requirements and split jurisdiction issues, we’ve been on the forefront of these issues and have designed the XIFIN billing system to quickly adjust to the needs of our clients.
• We Help You Adjust to Rapid Growth – Don’t be overwhelmed by the depth and breadth of claims volume. XIFIN’s billing system utilizes a sophisticated rules-based workflow to automate the claims process, enabling laboratories to more easily scale their billing operations to match their rapid growth.
• Detailed Analysis of Performance – XIFIN offers access to a robust suite of detailed financial, performance, and operational reports, which serve to empower laboratory management with the information necessary to improve decision-making, enhance contracting and account management, and identify business areas that could most benefit from process optimization.
• GAAP Compliant Financials – Going beyond traditional laboratory billing systems, XIFIN includes a complete financial accounting package that provides management with a detailed picture of both revenue and expenses, including precise, GAAP compliant, financial data for the general ledger.
• We Focus on Technology so You Can Focus On Your Business – XIFIN is delivered as a SaaS (Software as a Service) application, so laboratories no longer need to maintain the expensive IT hardware and software infrastructure necessary to run a secure, enterprise-class laboratory billing system.

Designed around industry best practices, and used to process more than 150 million claims for most of the nation's largest laboratories, XIFIN has proven to be an important partner in enabling laboratories to automate their billing systems, better manage medical claims filing, and reduce liability risks associated with payor and regulatory compliance.