Radiology

With its unique combination of cloud-based platform, extensive managed services and, best practices-based workflow automation, the XIFIN revenue cycle management system was designed to address challenging environments like those confronting Radiology today: unprecedented revenue compression, increased government scrutiny, and complex reimbursement requirements.

For Radiology providers, the need to gain control of the revenue cycle process has never been greater. Faced with challenges to reimbursement rates and rising costs, radiology providers are seeking optimization through technology billing solutions that will position them well for the future. Radiology providers billing for services rendered require highly automated revenue cycle processes, optimized workflows, interoperability and robust safeguards that reduce risk where manual input may result in errors and compliance risks.

• Managing Administrative Complexity - XIFIN employs a sophisticated, yet highly configurable, set of automated workflows that ensures submitted claims are as accurate as possible, conform to payor requirements, and are submitted as timely as possible. and provides deep visibility to all levels of potential billing errors. XIFIN’s process management tools enable further streamlining by providing a means to monitor, measure and troubleshoot workflows and payor forwarding.
• Managing Compliance - Given the dynamic nature of reimbursement and compliance, it has been difficult for radiology practices to keep up with the deluge of change. Because XIFIN is a Cloud based offering, your billing system is managed for you and our dedicated staff of IT and industry experts are able to automatically update your billing system on your behalf, ensuring that your billing process is operating according to the most current industry guidelines.
• GAAP Compliant Financials - Going beyond traditional billing systems, XIFIN includes a complete accounts receivable financial package that provides management with a detailed picture of both revenue and expenses, including precise, GAAP compliant, financial data for the general ledger.
• Detailed Analysis of Performance - You cannot manage what you cannot measure, and for this reason XIFIN has designed a robust reporting system to provide detailed financial, performance, and operational reports. These reports empower management with the information necessary to improve decision-making, enhance payor contracting and account management, and identify business areas that could most benefit from process optimization.

XIFIN has proven to be an important partner in enabling diagnostic service providers to optimize their billing operations, increase cash collected, and reduce compliance liability risks.