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XiFin Earns 2024 HITRUST R2 Certification for Second Two-Year Term
October 2, 2024XiFin RPM Revenue Cycle Management Platform Recognized for Strengthening Information Security and Supporting U.S. Healthcare Needs
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, today announced that its industry-leading revenue cycle management (RCM) solution, XiFin RPM, has once again achieved certified status for information security by HITRUST.
The award-winning XiFin RPM is an advanced AI-enabled revenue cycle management solution designed to help diagnostic providers, health systems, pharmacies, and specialty physician groups improve billing processes, boost operational efficiency, and optimize reimbursements. It automates billing workflows, reduces compliance risk, and ensures accurate financial reporting through its cloud-based infrastructure. A flexible service model lets healthcare organizations choose to manage their own billing or outsource some or all of it to XiFin’s team. With seamless integration and powerful business intelligence tools, XiFin RPM helps organizations streamline revenue cycle operations, maintain regulatory compliance, and achieve superior financial performance in today’s complex healthcare environment.
The HITRUST r2 Certification recognizes XiFin’s commitment to the highest standards of information security, privacy, and risk management in the healthcare industry. Widely regarded as the gold standard for healthcare information security, HITRUST certification verifies that XiFin RPM meets rigorous requirements for safeguarding sensitive data. This certification provides assurance to XiFin’s clients and partners that their revenue cycle management processes are protected by robust security controls, designed to mitigate risks and ensure compliance with industry regulations.
“Security remains a top priority and a pillar of our RCM platform. This HITRUST certification reaffirms our investment in and adherence to the highest standards for data protection and information security,” said XiFin chief legal and compliance officer Marty Barrack. “Looking to 2025 and beyond, our customers can rest assured we’ve invested significantly to address current and emerging threats while meeting complex compliance, information protection, and privacy requirements, as demonstrated by the demanding HITRUST r2 Certification.”
“The HITRUST Assurance Program is rigorous and reliable because of the comprehensiveness of control requirements, depth of review, and consistency of oversight,” said Bimal Sheth, Executive Vice President, Standards Development & Assurance Operations at HITRUST. “HITRUST r2 Certification demonstrates XiFin is taking the most proactive approach to cybersecurity, data protection, and risk management.”
The HITRUST certification is the most recent of several notable XiFin milestones, including:
- Lâle White Named “CEO of the Year” by The San Diego Business Journal in the Private Company, Large Category
- 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
- XiFin Pharmacy Solutions received the Retail Excellence Award for the third straight year from Drug Store News for technology and innovation
- XiFin received the 2024 Black Book Award for the highest client satisfaction in revenue cycle management
- Unveiled the pharmacy-specific Payor Rate Transparency Monitor to provide pharmacies with the same billing code-level insights into contracted payor reimbursement rates that diagnostics providers gain with the original Payor Rate Transparency Monitor, providing critical comparative data that enables providers to make informed financial decisions
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.
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