Certified Startup
PSYNAPSIS AI LLP
Sector:
Healthcare
Business Model:
B2B SaaS
Industry:
Healthcare IT
Technology:
AI / ML
About
Incorporation Date
May 1, 2025
Incorporation Type
Limited Liability Partnership
Registered State
Kerala
Registered District
Kottayam
Registered Address
CHOLLANKAL(H), 7th Mile, Paika, Poovarani P.O, House No 316, Elikulam, Kottayam, Kerala
Office State
Kerala
Office District
Kottayam
Office Address
C/O K N CHELLAPPAN, CHOLLANKAL 7TH MILE, Elikulam, Poovarani P,O, Meenachil, Kottayam- 686577, Kerala, India
Team
MUHAMMED SHAJAHAN
Co-founder
R ARAVIND
Co-founder
MediClaim AI
MediClaim streamlines the medical coding workflow through AI automation. It converts patient charts into accurate billing codes, detects errors in real time, and integrates seamlessly with hospital and billing systems enabling faster reimbursements, reduced administrative costs, and improved coding efficiency at scale.
Sector:
Healthcare
Industry:
Healthcare IT
Business Models:
B2B SaaS
Technology:
AI / ML

MediClaim AI is an AI-powered medical coding and RCM automation platform designed to modernize how healthcare institutions handle medical billing. It enables hospitals, clinics, and medical billing companies to automatically convert patient charts and medical documents into accurate, compliant billing codes, reducing human effort, claim denials, and revenue leakage. 

Core Product Features

  • AI-Assisted Medical Coding
    Automatically generates accurate medical codes directly from patient charts, PDFs, and unstructured data. This can be edited easily by the human coder, making this human in loop,.
  • Real-Time Claim Validation
    Detects inconsistencies and compliance risks before submission, ensuring error-free claims.
  • Bulk Processing Capability
    Processes large datasets and multiple patient records simultaneously for faster turnaround. 
  • Intuitive Review Interface
    Allows coders to edit, validate, and approve AI-generated codes seamlessly within their workflow.
  • Interactive Copilot for Coders
    Functions like Cursor or Copilot for medical coders, enabling instant edits, contextual guidance, and AI-assisted code validation.
  • Prediction History Access
    Stores past coding sessions for quick review and audit tracking.

Technical Innovation

  • Adaptive AI Models
    Continuously learn from coder feedback and update coding rules faster than human teams.
  • Automation Engine
     Integrates with EHR and billing systems to automatically extract, interpret, and process patient data.
  • Secure APIs for Developers
    Enables hospitals and RCM firms to embed MediClaim’s intelligence into their own systems with minimal setup.
  • Audit & Compliance Layer
    Tracks changes, ensures traceability, and generates audit-ready reports for healthcare administrators.

 Business Impact

  • Reduces manual coding time and administrative overheads.
  • Improves revenue realization by reducing claim denials and delays.
  • Enhances cash flow predictability and compliance accuracy.
  • Enables scalable operations across hospitals and billing companies through a SaaS-based delivery model.

Future Expansion Roadmap

MediClaim is evolving into a comprehensive AI-driven RCM (Revenue Cycle Management) ecosystem, extending beyond coding into the entire financial workflow of healthcare.

1. Insurance Automation

  • AI-based insurance eligibility checks and payer rule verification.
  • Automated claim generation directly from coded data.
  • Smart detection of coverage gaps and missing information.

2. Denial Management Suite

  • Automated claim denial detection and categorization.
  • AI-driven appeal letter drafting and root cause analytics.
  • Dashboard for real-time denial tracking and performance metrics.

3. End-to-End Claim Processing

  • AI agents that can autonomously generate, validate, and submit claims.
  • Claim tracking system for real-time payment status monitoring.
  • Integration with TPAs (Third Party Administrators) and insurance APIs.

4. Predictive RCM Analytics

  • Revenue forecasting and denial prediction models.
  • Institution-level analytics for identifying process bottlenecks.
  • Cross-hospital intelligence for benchmarking and optimization.

5. EHR & API Integrations

  • Deep integrations with hospital information systems and practice management software.
  • Developer SDKs for embedding MediClaim capabilities directly into hospital workflows.


All right reserved © 2025 | Kerala Startup Mission
For any Queries / Technical Support drop a mail to admin@startupmission.in