XIFIN Hosts Webinar with Guest Speaker from Leading Analyst Firm on Benefits of Pairing
Summary
SAN DIEGO--(BUSINESS WIRE)--The laboratory industry has been experiencing tremendous change due to new compliance obligations and constant fee compressions from regulatory rules like the Protecting Access to Medicare Act (PAMA). To adhere to these changing requirements in a cost-effective way, some hospital and diagnostic providers are pushing lab leaders to use an enterprise revenue cycle management (RCM) system that is offered as part of the hospital’s electronic health record (EHR) software. However, despite intentions to maximize efficiencies and improve cash collections, this can cause significant, detrimental impacts to the operational and financial performance of labs since lab RCM has many intricacies that hospital enterprise systems were not originally designed to address. On Wednesday, June 26, XIFIN, Inc. welcomes a guest speaker from the leading IT market research and advisory firm, International Data Corporation (IDC), for a webinar that will provide key insights for laboratory leaders to think about when considering RCM solutions. The companys cloud-based technology facilitates connectivity and workflow automation for accessing and sharing clinical and financial diagnostic data, linking healthcare stakeholders in the delivery and reimbursement of care.