MEDCUBE Releases AI-driven Medical BILLING Software

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 utilized by MedCube (Pvt) Ltd in Sri Lanka, CLAUDMD plays a crucial role in supporting its Revenue Cycle Management (RCM) operations. MedCube (Pvt) 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 (Pvt) 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, utilizing AI and Machine Learning tools to offer superior user convenience through personalization, automation, text analysis, scalability, and collaboration. This 360-degree approach by MedcubeUSA and MedCube (Pvt) 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, Mr. Basil Xavier, President of MedcubeUSA LLC and Director of MedCube (Pvt) Ltd, 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 Mr. Alex Lovell, Chairman of MedCube (Pvt) Ltd, and Mr. Damitha Kariyawasam, CEO of MedCube (Pvt) Ltd. 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.”

MEDCUBE Medical Billing Launch PR Pic#1 – Left to Right - Mr. Basil Xavier, President of MedcubeUSA LLC & Director of MedCube (Pvt) Ltd., Mr. Alex Lovell, Chairman of MedCube (Pvt) Ltd., & Mr. Damitha Kariyawasam, CEO of MedCube (Pvt) Ltd.

MEDCUBE Medical Billing Launch PR Pic#2 – Left to Right - Mr. Alex Lovell, Chairman of MedCube (Pvt) Ltd., Mr. Damitha Kariyawasam, CEO of MedCube (Pvt) Ltd., Mr. Basil Xavier, President of MedcubeUSA LLC & Director of MedCube (Pvt) Ltd., & Mr. Kennedy J Micheal, General Manager of MedcubeUSA LLC.

MEDCUBE Medical Billing Launch PR Pic#3 – Left to Right - Mr. Basil Xavier, President of MedcubeUSA LLC & Director of MedCube (Pvt) Ltd., Mr. Alex Lovell, Chairman of MedCube (Pvt) Ltd., & Mr. Damitha Kariyawasam, CEO of MedCube (Pvt) Ltd.