RapidClaims

What is RapidClaims and who sells it?

RapidClaims AI was founded in 2023 by Dushyant Mishra, Abhinay Vyas and Jot Singh, according to Inc42. It raised an $8M Series A led by Accel with Together Fund, announced on 2 April 2025, on top of a $3M seed, about $11M in all (YourStory). PitchBook and Tracxn place its headquarters in New York.

The vendor calls its product "autonomous agents that code charts, improve documentation, prevent denials, and recover revenue." Its product page describes one platform for the whole mid-revenue cycle.

What does the platform do?

The product page lists four modules.

• RapidCode codes ICD, CPT and E&M from charts. The vendor claims 98% accuracy and more than 1,000 charts per minute.
• RapidCDI flags documentation gaps, sends provider queries and catches missed HCC and SDOH capture.
• AI claim editing checks NCCI edits, modifier errors, bundling and payer rules.
• The same-day billing module handles split claims, timely filing and coordination of benefits.

RapidRecovery, for denial resolution, was announced in a Business Wire release in April 2026. The vendor says it needs "just 500 charts" to tailor its models and six weeks to reach production. It also offers a 14-day proof of concept on six months of your data, with the line "If we don't beat your baseline, you walk." The proof of concept runs through sales and is not a self-serve trial.

How does it connect and what protects the data?

The vendor says it "integrates with all major EHRs," with bi-directional, FHIR-native integration. Only the Epic logo is shown, and no list of live connections is given. HIPAA, SOC 2 and HITRUST are not stated on the vendor's pages. A coding engine reads full charts, so a security attestation is the document a compliance officer would ask for first.

What does the evidence say?

The strongest outside number is a Black Book 2026 survey that ranked RapidClaims first of 20 vendors in AI claims automation, 9.70 out of 10, from 9,308 validated users. Vendor press and Becker's Hospital Review report it. It is a survey of users, not an audit of coding accuracy.

The customer quotes on the home page are anonymous. One, from a health-system CFO, cites 30% fewer A/R days and $2.5M in accelerated cash. A Frost & Sullivan 2025 Technology Innovation Leader badge appears on the vendor page. RFP.wiki says humans stay in the loop and accuracy can plateau, with the strongest evidence in radiology.

How is it priced?

Pricing is by quote. The only entry point described is the 14-day proof of concept on six months of the buyer's data.

The verdict

A billing team that already measures its own coding error rate can use the proof of concept as a fair test, because the vendor has offered to be judged against that baseline. The 98% figure is an unaudited vendor claim until that test is run. Organisations that buy only on a published validation or a security attestation, and teams without a coding baseline, are not the buyer yet.