- Home»
- News & Events»
- Press Releases»
- OmniSYS Becomes XiFin Pharmacy Solutions, Launches Pharmacy Payor Rate Transparency Monitor and Receives Industry Recognition with Pharmacy 500 Award
OmniSYS Becomes XiFin Pharmacy Solutions, Launches Pharmacy Payor Rate Transparency Monitor and Receives Industry Recognition with Pharmacy 500 Award
August 15, 2024Integrated Organization Delivers on Vision to Bring Next-Generation Healthcare Solutions, Analytics, and Resources to Pharmacists in Retail, Specialty Pharmacy, and Health Systems
San Diego, CA – XiFin, Inc., a leading provider of innovative healthcare information technologies and services that deliver artificial intelligence (AI)-enabled operational efficiency, interoperability, and simplicity, announced that it has unified its products under the XiFin banner to bring the marketplace a more powerful integrated solution that provides greater end-to-end flexibility and functionality for managing clinical services. The integrated organization brings together the best resources of two healthcare technology powerhouses, creating new solutions that drive revenue, workflow optimization, and efficiency.
XiFin Pharmacy Solutions will unveil the Pharmacy Payor Rate Transparency Monitor at the National Association of Chain Drug Stores – Total Store Expo (NACDS TSE), to be held August 17-19 in Boston. The pharmacy-specific interactive visualization tool was developed to provide pharmacies with billing code-level insights into contracted payor reimbursement rates, providing critical comparative data that enables pharmacies to make informed financial decisions, and to support patient testing needs.
Updated monthly, the Pharmacy Payor Rate Transparency Monitor will showcase essential billing code data specifically relevant to pharmacies, especially as they continue to expand their medical services offerings. At launch, the monitor will feature in-network rates for Cigna, Aetna, and UnitedHealthcare, covering common billing codes for diabetes education, medication therapy management, office visits, tobacco cessation education, and other diagnostic testing. NACDS TSE attendees can experience this technology firsthand at XiFin’s dedicated kiosk at the event (booth #1916). In addition, XiFin Chief Pharmacy Officer David Pope will participate in the “Annual Roundtable on Critical Issues in Community Pharmacy” at the NACDS TSE event.
XiFin Pharmacy Solutions, recognized with the Pharmacy 500 award for being one of 500 pharmacy supply chain businesses and associations that significantly impacted dispensing pharmacies in the U.S. over the past year, serves 11 of the largest 13 U.S. retail pharmacy chains. By developing solutions to enhance financial stability and optimize workflows, XiFin supports retail, specialty pharmacy, and health systems pharmacists. These milestones reaffirm XiFin’s role in streamlining billing and claims processes, enhancing business visibility, and supporting patient engagement.
“XiFin Pharmacy Solutions addresses the need for new capabilities being driven by payors as clinical service offerings are expanding via the medical benefit pathway,” said Lâle White, Executive Chairman and Chief Executive Officer of XiFin.
By bringing revenue cycle management to enterprise pharmacy, we enhance the patient experience and provide our customers with flexibility, greater financial visibility, and optimized reimbursements for medical benefit billing. Our technology solutions empower pharmacists and their teams to focus on delivering critical healthcare services and providing exceptional care for their communities.
Lâle White
XiFin Pharmacy Solutions brings core strengths and resources dedicated to innovation, advocacy, and expertise to serve pharmacy customers with:
- XiFin’s award-winning Revenue Cycle Management to help enterprise pharmacies better manage the complexity of medical billing.
- New services such as CareALERTS™ designed to put immunization opportunity alerts within the pharmacist workflow for the patients they are serving.
- Additional investment in existing purpose-built, pharmacy-first solutions for medical benefit claim processing, clinical workflow enablement and documentation, and patient communications.
- The industry’s first annual Pharmacy Transformation Survey to better understand, anticipate and address the needs of pharmacies.
Additional highlights:
- David Pope’s business perspective “Expanding Pharmacy Care,” will be featured in the August issue of a leading industry trade publication along with a piece analyzing the intricacies of medical billing, “Dissecting the Complexity of Medical Billing for Clinical Services.”
- XiFin Pharmacy Solutions received the Retail Excellence (REX) Award for a third straight year from Drug Store News (DSN). The award recognizes the organization’s innovative technology and workflow automation that empower pharmacies across the nation to deliver clinical services and get proper reimbursement for them.
- David Pope will moderate a panel of industry experts for the Forging the Future of Pharmacy webinar in October, hosted by Drug Store News (DSN). The webinar brings pharmacists, physicians, legislators, and payors together to discuss ways to make pharmacy more accessible for the millions of Americans who lack access to healthcare. Please visit this link to register for the webinar.
About XiFin Pharmacy Solutions
XiFin Pharmacy Solutions is a portfolio of software and services designed to help pharmacies achieve a stronger financial base and optimized and automated workflows. With over 25 years of experience, we leverage our unique market insight, pharmacy workflow expertise, and extensive industry knowledge to deliver valuable solutions to our customers. We provide medical billing, enterprise revenue cycle management, clinical documentation and workflow enablement, and patient communication software for pharmacies. Our smart clinical messaging capabilities can identify immunization or other clinical service opportunities within the pharmacist’s workflow, which drives value and delivers real results. XiFin currently serves over 30,000 pharmacies, connects to hundreds of payors and touches millions of patient lives. For more information, visit pharmacy.xifin.com.
About XiFin
XiFin is a healthcare information technology company that empowers healthcare organizations to navigate an increasingly complex and evolving healthcare landscape. Through innovative AI-enabled technologies and services, we deliver operational efficiency, interoperability, and simplicity. The company’s revenue cycle management, clinical workflow enablement, laboratory information system, and patient engagement solutions enable organizations to achieve stronger finances, streamline operations, and develop industry-leading business strategies. XiFin solutions deliver THE POWER TO DO GOOD™ so that healthcare organizations can do more good for more patients. Follow XiFin on LinkedIn, or subscribe to the XiFin blog to learn more.
Recent Press Releases
-
Dec 12, 2024
XiFin Tops Year with Awards from Modern Healthcare and Editorial Recognition for its Award-Winning RCM Platform
-
Oct 31, 2024
XiFin Launches Payor Intelligence Hub, Expands Payor Rate Transparency Monitor with Major Payor Additions
-
Oct 23, 2024
XiFin CEO Lâle White to Discuss Systemic Change Needed in the Shifting Diagnostics Market at the CCLA Annual Conference
-
Oct 23, 2024
XiFin Pharmacy Solutions Invites Pharmacy Professionals to Share Insights on the Critical Success Factors to Forge the Future of Pharmacy Care
-
Oct 14, 2024
XiFin and Drug Store News to Host “Forging the Future of Pharmacy” Webinar to Advocate for Expanded Pharmacy Care