Radpayor

What Radpayor does

Radpayor, Inc. is a private U.S. healthcare software company that provides medical billing and coding software focused on the teleradiology and radiology practice market. The company is headquartered in Austin, Texas, with a corporate office in Los Angeles, and is incorporated in California. It operates as a stand-alone brand within MedInformatix, leveraging the parent's broader radiology information system (RIS) technology platform to deliver integrated revenue-cycle capabilities alongside its own coding product.

Radpayor's platform combines proprietary automated coding workflows with access to certified radiology coders, distinguishing it from purely algorithm-based competitors. Core capabilities include SMART Signal for real-time coding-discrepancy detection, SMART Mapping for ICD-10 code mapping, Auto Coding for CPT/HCPCS/diagnosis code assignment, Real-time Reconciliation across coding and billing, Direct to Bill routing, and on-demand reporting for audit, MIPS attestation, and registry submission. The company was founded by a physician and a radiology coder, and positions its dual clinical-and-coding expertise as a core differentiator.

The company generates revenue through a SaaS subscription model, with quote-based enterprise pricing targeting radiology practices and select healthcare billing-services firms. It sells primarily through direct enterprise sales and its web-based user portal, and markets via its corporate website, LinkedIn presence, and email newsletter. Two named enterprise customers (Central Oregon Radiology Associates and Cornerstone Healthcare Solutions) provide public testimonials referencing reduced coding denials, faster reimbursement, and configurable rules as primary value drivers. No funding rounds, acquisitions, or public-market events are disclosed.

Name

Radpayor

Legal name

Radpayor, Inc

Website

https://www.radpayor.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Radpayor, Inc. provides SaaS-based medical billing and coding software for radiology practices, combining proprietary automated coding workflows (SMART Signal, SMART Mapping, Auto Coding) with access to certified radiology coders. It operates as a stand-alone brand within MedInformatix and sells via direct enterprise sales.

Ownership category

akta.pro rank

Product category

Medical Billing & Coding Software (Radiology Revenue Cycle Management)

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Medical Billing & Coding Automation (HLACACAA)

akta.pro secondary industries

Medical Coding, Billing & Clinical Documentation Support (BPAAAFAD), Clinical Coding Support (ICD/CPT/SNOMED) & Documentation Compliance Tools (HLACAAAO)

Keywords

• Radiology coding software
• Medical billing platform
• Healthcare RCM
• Teleradiology solutions
• ICD-10 coding automation

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Medical Billing & Coding Software Platform: SaaS-based medical billing and coding platform for radiology practices, offering automated coding workflows combined with certified radiology coder support. Revenue likely generated through subscription licensing.

Distribution channels1 record

Marketing channels3 records

Core offering

RadPayor provides a SaaS-based medical billing and coding software platform purpose-built for radiology practices, combining proprietary automated coding workflows with the expertise of certified radiology coders. The platform automates CPT, HCPCS, and ICD-10 code assignment, detects coding discrepancies in real time, reconciles coding and billing processes, and routes eligible reports directly to billing systems to produce cleaner claims and faster reimbursement.

Product overview

RadPayor offers an integrated medical billing and coding platform designed specifically for radiology practices, combining proprietary automated coding workflows with human expertise from certified radiology coders. The core platform includes SMART Signal℠ for real-time coding discrepancy detection, SMART Mapping℠ for ICD-10 code management, Real-time Reconciliation for coding/billing transparency, Robust Reporting for administrative and regulatory reports, and Auto Coding for automated CPT/HCPCS/diagnosis code assignment. These features are complemented by Direct to Bill functionality for streamlined claims submission and access to certified radiology coders for complex cases. The platform operates as a stand-alone brand within MedInformatix, providing connection to radiology's RIS technology platform.

Differentiator

Problem solved

Functional benefit

Brands

• SMART Signal: Proprietary signaling system that automatically identifies coding discrepancies in real-time for faster reimbursement.
• SMART Mapping

Products and services

• RadPayor Medical Billing & Coding Platform SaaS-based automated medical billing and coding platform designed for radiology practices. Combines proprietary coding workflows (SMART Signal, SMART Mapping, Auto Coding, Direct to Bill, Real-time Reconciliation, Robust Reporting) with access to certified radiology coders to reduce coding errors, minimize denials, and accelerate reimbursement.
• Certified Radiology Coders Service Service offering that gives RadPayor customers access to experienced, certified radiology coders for one-to-one assistance on complex coding scenarios, complementing the automated platform with human expertise.

Quantifiable outcome

• Reduced coding denial errors including incorrect laterality and missing modifiers
• +1 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

One partnership is on record.

• MedInformatixcoreStrategic or Co-development PartnerRadPayor operates as a standalone brand within MedInformatix, providing customers access to radiology's most powerful RIS technology platform with industry-leading automated workflows, revenue cycle, and patient engagement capabilities. This strategic relationship enables deep integration between RadPayor's coding solutions and MedInformatix's broader radiology information system offerings.

Recent moves4 records

Expansion highlights3 records

Direct peers

• Dolbey Systems: Provides medical coding and speech recognition solutions purpose-built for radiology and other specialties, competing head-to-head with RadPayor in radiology-specific automated coding workflows.
• AGS Health: Offers technology-enabled medical coding and RCM services across multiple specialties including radiology, blending automated platforms with certified coder teams — a direct functional analog to RadPayor's hybrid model.
• e4health: Specializes in HIM, coding, and clinical documentation services with technology-augmented workflows for radiology and other diagnostic specialties, directly competing for the same enterprise radiology customer base.

Broad incumbents

• Optum (UnitedHealth Group): The largest US healthcare services and RCM platform, offering end-to-end revenue cycle, coding, and analytics across all specialties including radiology — a broad incumbent whose scale and payer relationships dwarf niche vendors.
• R1 RCM: Major enterprise RCM provider serving hospitals and large physician groups with technology-enabled coding and billing workflows across multiple specialties, including radiology imaging customers.
• 3M Health Information Systems (Solventum): Long-established leader in medical coding software (CodeFinder) and clinical documentation, with deep penetration into radiology and hospital HIM departments — a foundational incumbent in clinical coding.
• Craneware: Provides revenue cycle and value-based care solutions to US hospitals and health systems, including charge capture and coding-relevant workflows that compete for the same radiology billing budgets.

Emerging players

• Microsoft Nuance (DAX / Dragon Medical): Applies AI and ambient intelligence to clinical documentation and coding workflows for radiology and other specialties, representing an emerging platform threat backed by Microsoft's distribution and AI capabilities.
• Streamline Health: Provides coding, auditing, and RCM technology solutions for healthcare providers with overlap in radiology coding workflows, positioning as a smaller-scale technology challenger to larger RCM vendors.

Others

• MedInformatix (parent): RadPayor's parent company, providing the RIS technology platform that RadPayor's coding solution integrates with — included as an ecosystem/strategic relationship rather than a competing vendor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/radpayor-inc.

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Radpayor