GoSoft
GoSoft is a US medical billing and practice management services firm serving small and mid-sized medical practices, offering AI-enabled revenue cycle management, prior authorizations, AR follow-up, transcription, credentialing, and consulting through its proprietary MagikTrak platform.
- Company typePrivate
- Founded2007
- HeadquartersEncinitas, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What GoSoft does
GoSoft, LLC is a private US medical billing and practice management services firm headquartered in Encinitas, California, founded in 2007 and operating with 51-100 employees. The company delivers an end-to-end revenue cycle management portfolio built around six core service lines: medical billing and coding, prior authorizations and eligibility verification, AR follow-up, medical transcription, provider contracting and credentialing, and practice management consulting. Its primary customer base is small and mid-sized US medical practices, typically 1-5 physicians, with secondary exposure to multi-provider groups and occasional health systems such as Memorial Care and Sutter Health CPMC. All services are HIPAA-compliant and delivered on a performance-based, no-long-term-contract model with 2-month cancellation notice.
The firm's connective technology asset is MagikTrak, a proprietary client-facing platform that tracks claim status, categorizes AR, monitors productivity, and benchmarks KPIs in real time. GoSoft brands its workflow as 'AI-powered,' with stated capabilities in optimization, process automation, and predictive analytics applied to structured billing, eligibility, and payer data, alongside AI-assisted form-filling, faxing, and trend monitoring. The AI layer is positioned as a feature on top of a traditional RCM BPO rather than a proprietary model stack, with no disclosed patents, named models, or research output. Distribution is direct-to-practice via the company website, consultative sales, and free evaluations, with a minor technology partnership with Dropbox for HIPAA-compliant transcription file exchange. The firm is founder/owner-operated with no disclosed venture or private equity funding and no M&A activity.
GoSoft firmographics
Firmographics- Name
- GoSoft
- Legal name
- GoSoft, LLC
- Website
- https://gosoftservices.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- GoSoft is a US medical billing and practice management services firm serving small and mid-sized medical practices, offering AI-enabled revenue cycle management, prior authorizations, AR follow-up, transcription, credentialing, and consulting through its proprietary MagikTrak platform.
- Ownership category
- akta.pro rank
GoSoft industry classification
Industry- Product category
- Medical Billing and Revenue Cycle Management Services
- NAICS
- Computer Systems Design and Related Services (54151), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Claims Administration & Payment Integrity (Medical/Dental/Vision) (HLAEALAD)
- akta.pro secondary industry
- Claims Management & Digital FNOL Platforms (FSAGAGAC)
Keywords
Where GoSoft is headquartered
LocationHeadquarters
- HQ city
- Encinitas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
GoSoft business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Medical Billing and Coding Services: Comprehensive medical billing and coding services including claim submission, denial management, payment posting, and business analytics. Services are offered individually or as a full portfolio bundle. Performance-based model with no long-term contracts required.
- Prior Authorizations and Eligibility Verification: Insurance verification and prior authorization services to streamline workflow and improve clean claims rates
- AR Follow Up Services: Accounts receivable follow-up with a five-step proven strategy to collect on aging outstanding claims
- Medical Transcription Services: HIPAA compliant medical transcription with 24-hour turnaround, EMR insertion, and fax to referring providers
- Provider Enrollment and Credentialing: Physician enrollment, credentialing, and contract negotiation services with insurance carriers nationwide
- Practice Management Consulting: Revenue cycle performance analysis, technology implementation, workflow setup, productivity reports, and online presence management
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Performance-Based Pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
GoSoft product offering
Product offeringCore offering
GoSoft provides a full suite of AI-powered medical billing and revenue cycle management services to private medical practices and healthcare providers. Core offerings include medical billing and coding, prior authorizations and eligibility verification, AR follow-up, medical transcription, provider contracting and credentialing, and practice management consulting. All services are delivered through the company's proprietary MagikTrak software platform for real-time claim tracking, analytics, and transparency.
Product overview
GoSoft offers a full suite of AI-powered medical billing and ancillary services consisting of six core service offerings: Medical Billing and Coding (AI-enabled), Prior Authorizations and Eligibility Verification, AR Follow Up, Medical Transcription, Contracting and Credentialing, and Practice Management Consulting. These services are unified by MagikTrak, the company's proprietary software platform that tracks claim status, provides real-time analytics, and enables intelligent data-driven optimization across the entire revenue cycle. The portfolio is positioned as a one-stop solution for medical practice revenue cycle management, with all services being HIPAA compliant.
Differentiator
Problem solved
Functional benefit
Brands
- MagikTrak: Proprietary software platform for tracking claim status (paid or outstanding) and optimizing financial results through intelligent data analytics.
Products and services
- Medical Billing and Coding AI-enabled medical billing and coding service for medical practices that maximizes reimbursement through clean claim submission, denial management, payment posting, and business analytics. Achieves 96% first-submission success rate and helps practices get paid 7% more and 30% faster.
- Prior Authorizations and Eligibility Verification Service that verifies patient insurance eligibility and obtains prior authorizations prior to patient arrival, streamlining workflow, preventing delayed payments, and saving staff approximately 10 minutes per patient.
- Medical Billing AR Follow Up Accounts receivable follow-up service using a five-step strategy (analyze, categorize, robust action, monitor trends, optimize results) that decreases average claim outstanding days by 30-50% and accelerates collections.
- Medical Transcription HIPAA-compliant medical transcription service with 24-hour turnaround, telephone dictation and digital voice recorder options, EMR integration, and fax capabilities to referring providers. Saves physicians approximately 1 hour per day on charting and can enable seeing 3 more patients per day.
- Contracting and Credentialing Provider enrollment and physician credentialing service covering Medicare enrollment, revalidation, contract audits, and negotiation with insurance payers nationwide. Serves physicians, NPs, PAs, hospitals, PT/OT/SLP, podiatrists, chiropractors, ambulatory surgery centers, urgent care facilities, clinical laboratories, diagnostic testing facilities, sleep labs, dentists, optometrists, audiologists, and behavioral health providers.
- Practice Management Consulting Consulting service that identifies Key Performance Indicators, analyzes revenue cycle performance, implements technology and automation, and provides productivity reports for medical practices. Includes software automation capabilities for processes like productivity reporting.
- MagikTrak Proprietary software platform that tracks claim status (paid or outstanding), categorizes claims with color codes, provides real-time analytics, and helps optimize financial results through intelligent data analytics. Features include AR report analysis, trend monitoring, and Key Performance Indicator tracking. Client dashboard enables real-time monitoring of GoSoft's performance and business trends.
Quantifiable outcome
- 96% of claims submitted are successful on first submission
- +6 more outcomes
Companies that use GoSoft
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
GoSoft technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature3 records
GoSoft partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
GoSoft competitors and assessment
Company assessmentDirect peers
- Practice Fusion (Veradigm): Practice Fusion is a cloud EHR with integrated billing features targeting small independent practices, overlapping GoSoft's customer segment and core RCM functionality.
- Tebra (formerly Kareo): Tebra provides cloud-based medical billing, EHR, and practice management software targeted at small and independent practices — the same core customer profile GoSoft serves, making it the most directly comparable competitor.
- AdvancedMD: AdvancedMD offers a unified cloud platform of EHR, practice management, and medical billing/RCM for small to mid-sized practices, directly overlapping GoSoft's bundled RCM-plus-services proposition.
- DrChrono (EverHealth): DrChrono delivers EHR, medical billing, and practice management tools purpose-built for small practices and specialty groups, competing head-to-head for the same independent physician customer base.
Broad incumbents
- eClinicalWorks: eClinicalWorks is a large ambulatory EHR vendor that bundles practice management and revenue cycle services, competing for the same physician practice customers but with a much broader product portfolio.
- NextGen Healthcare: NextGen provides EHR, practice management, and revenue cycle solutions to ambulatory practices and specialty groups, addressing the same RCM pain points as GoSoft from a larger, more established position.
- R1 RCM: R1 RCM is a leading enterprise revenue cycle management company using AI-driven automation across the RCM workflow; it operates at significantly greater scale and serves larger provider systems, but its technology roadmap parallels GoSoft's.
- Athenahealth: Athenahealth is a large, established EHR + RCM platform serving practices and health systems with network-enabled billing and patient engagement capabilities that broadly overlap GoSoft's offering at much greater scale.
Others
- Experian Health: Experian Health offers revenue cycle management, claims management, and patient access solutions to providers and payers, competing with GoSoft on the claims, eligibility, and analytics capabilities central to its MagikTrak platform.
- Waystar: Waystar provides enterprise healthcare revenue cycle technology (claims management, patient access, analytics) that competes at the underlying technology layer GoSoft's MagikTrak addresses, but Waystar typically serves larger providers rather than small independents.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
GoSoft social profiles
Digital presenceGoSoft compliance and trust
Trust signalCompliance1 record
GoSoft financial estimates
Financial estimateRevenue estimate
Valuation estimate
GoSoft leadership team
Management profileNumber of profiles
GoSoft funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GoSoft M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GoSoft
What does GoSoft do?
GoSoft provides a full suite of AI-powered medical billing and revenue cycle management services to private medical practices and healthcare providers. Core offerings include medical billing and coding, prior authorizations and eligibility verification, AR follow-up, medical transcription, provider contracting and credentialing, and practice management consulting. All services are delivered through the company's proprietary MagikTrak software platform for real-time claim tracking, analytics, and transparency.
Is GoSoft a public or private company?
GoSoft is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GoSoft founded?
GoSoft was founded in 2007. It employs 51 to 100 people.
Where is GoSoft based?
GoSoft is headquartered in Encinitas, United States, in the North America region.
How does GoSoft make money?
Six revenue lines are on record. Medical Billing and Coding Services are the primary driver. The others are prior Authorizations and Eligibility Verification, AR Follow Up Services, medical Transcription Services, provider Enrollment and Credentialing and practice Management Consulting.
Who are GoSoft's main competitors?
Direct peers on record are Practice Fusion (Veradigm), Tebra (formerly Kareo), AdvancedMD and DrChrono (EverHealth). Broad incumbents are eClinicalWorks, NextGen Healthcare, R1 RCM and Athenahealth. Others are Experian Health and Waystar.
Does GoSoft have an API?
No public API is recorded for GoSoft.
What industry is GoSoft in?
GoSoft's product category is Medical Billing and Revenue Cycle Management Services. Its primary akta.pro industry code is HLAEALAD, Claims Administration & Payment Integrity (Medical/Dental/Vision), with a secondary code of FSAGAGAC, Claims Management & Digital FNOL Platforms. Its NAICS code is 54151 and its SIC code is 7370.