Medcube releases AI-driven medical billing software

Thursday, 5 September 2024 00:06 - - {{hitsCtrl.values.hits}}

MedcubeUSA President and MedCube Director Basil Xavier, MedCube Chairman Alex Lovell, MedCube CEO Damitha Kariyawasam

MedCube Chairman Alex Lovell, MedCube CEO Damitha Kariyawasam, MedcubeUSA President and MedCube Director Basil Xavier, and MedcubeUSA General Manager Kennedy J. Micheal

MedcubeUSA President and MedCube Director Basil Xavier, MedCube Chairman Alex Lovell, MedCube CEO Damitha Kariyawasam

MedcubeUSA LLC announced the release of Version 1.0 of CLAUDMD, their latest medical billing software, which integrates Patient Management (PM) and Electronic Health Records (EHR).

The launch took place recently at MedCube’s Colombo office. CLAUDMD succeeds its two legacy systems, AeilusMD and GalenMD, which have been in operation in the USA since 1983.

Exclusively utilised by MedCube Ltd. in Sri Lanka, CLAUDMD plays a crucial role in supporting its Revenue Cycle Management (RCM) operations. MedCube Ltd. has built a robust RCM team that primarily serves US companies, with expertise in medical billing, electronic submissions, posting, and collections. Since starting operations in 2020, the Company has seen steady growth in its client base and has made significant contributions to Sri Lanka’s economy through increased foreign exchange earnings. MedCube Ltd. is also renowned for its high service quality, which is driven by a strong emphasis on employee development and training.

The software was developed by the MedcubeUSA development team based in Sri Lanka, utilising AI and Machine Learning tools to offer superior user convenience through personalisation, automation, text analysis, scalability, and collaboration. This 360-degree approach by MedcubeUSA and MedCube Ltd. creates a win-win situation for both the client and the company. Clients benefit from an end-to-end solution that covers everything from system implementation to collections, while the company enjoys lower client acquisition costs due to seamless system deployment and operation. Furthermore, the software’s success brings about a triple win, adding genuine value to the client, company, and country by boosting employment and foreign exchange generation.

Commenting on the launch, MedcubeUSA LLC President and MedCube Ltd. Director Basil Xavier stated: “I am particularly delighted with the end product as we have significantly upscaled the features, attributes, and benefits compared to our legacy systems. Moreover, we are proud to contribute to the country’s foreign exchange earnings and create employment opportunities that allow talented Sri Lankan software development personnel to earn in foreign currency.”

He added: “I would be remiss if I did not acknowledge the invaluable contributions of MedCube Ltd. Chairman Alex Lovell and MedCube Ltd. CEO Damitha Kariyawasam. Their extensive corporate experience and unwavering support have been instrumental throughout the development process, and their operational leadership continues to drive our RCM operations forward.”