Xifin, a healthcare IT company, and PriorAuthNow, a software company, partnered to help hospital-based and independent labs with prior authorization.
Through the partnership, PriorAuthNow's platform, which is designed to connect EHRs with payers, will integrate with Xifin's revenue cycle management solution for labs, XIFIN RPM 9.
The companies aim to make prior authorizations for lab test orders more efficient to help reduce denials and bring in reimbursement faster.
"Both hospital-based and independent labs are seeing a steady increase in more complex test orders, such as genetic testing," said Lâle White, CEO of XIFIN. "They need a more efficient way to secure the required prior authorizations on these tests, allowing patients to obtain important diagnostic information in a timely manner while securing the appropriate reimbursement."
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