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Top 18 Revenue Cycle Management Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 18 revenue cycle management software companies with $1M–$5M in annual revenue. They have combined revenues of $47.5M and employ 471 people. They have raised $20.2M.

Every company below sells revenue cycle management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Revenue Cycle Management Software Companies do

Revenue Cycle Management (RCM) software is designed to oversee and manage the financial processes associated with the revenue cycle in healthcare organizations. This category of software encompasses various functionalities including billing and claims processing, revenue forecasting, and reporting. RCM tools help healthcare providers ensure timely payment for services rendered by tracking revenue from patient registration through to final payment. The primary use cases for RCM software include streamlining billing processes, managing claims submissions and denials, and optimizing revenue collection and reimbursements. Common features often include automation of administrative tasks, real-time analytics for financial insights, and patient communication tools. Typical users of this software include finance teams, healthcare administrators, and practice managers who seek to enhance operational efficiency and financial viability in their healthcare practices.

Companies
18
Revenue
$47.5M
Funding
$20.2M
Employees
471

Filters

Sorting: Highest -> Lowest

Filters

Top Revenue Cycle Management Software Companies With $1M–$5M Revenue

Showing 10 of 18 companies ranked by annual revenue.

1Clinicient logo
Clinicient

Portland, Oregon, United States

Clinicient simplifies care delivery for PT, OT, and SLP organizations with one easy-to-use software platform designed to improve clinical workflows and optimize business performance. Committed to elevating rehab therapy to its rightful place in the healthcare ecosystem, we’re laser-focused on simplifying complex workflows for greater efficiencies and better outcomes. We help clinic teams work smarter, not harder, with one easy-to-use platform offering: EMR, Billing Software, Patient Engagement, Outcomes Management, RCM, Patient Services, and an enterprise-level suite of Business Intelligence tools all working together to improve clinical care processes. Clinicient’s Insight Platform supports the full business cycle for rehab therapy organizations of all sizes. With a 97% client retention rate, 30% improvement in efficiencies, and a 10% increase in net collections, Clinicient is proud to partner with over 35,000 therapists to help deliver exceptional clinical care.

Revenue
$5M
Year founded
1999
Team size
45
2Sift Healthcare logo
Sift Healthcare

Milwaukee, Wisconsin, United States

Sift Healthcare provides advanced decision support solutions for managing the increasingly complex healthcare revenue cycle, integrating machine learning and predictive analytics to reduce insurance denials.

Revenue
$4.9M
Year founded
2017
Team size
47
3Encoda logo
Encoda

Tampa, Florida, United States

Encoda is a developer of a healthcare technology platform designed to provide automation technologies for medical practices. The company's medical revenue cycle automation tool offers back office staff with features such as revenue collection and management, client billing systems and medical insurance claim handling services.

Revenue
$4.3M
Year founded
2004
Funding
$1.5M
Team size
56
4SlicedHealth logo
SlicedHealth

Woodstock, Georgia, United States

SlicedHealth empowers hospitals, health systems, specialty practices, and surgery centers to uncover hidden underpayments and denials. It provides technology solutions designed to assist healthcare organizations in managing revenue.

Revenue
$3.9M
Year founded
2019
Team size
34
5Phycon, Inc. logo
Phycon, Inc.

Oklahoma City, Oklahoma, United States

Con Inc is a Medical billing company specializing in Emergency Department and Urgent Care billing

Revenue
$3.3M
Year founded
1986
Team size
42
6medaptus logo
medaptus

Boston, Massachusetts, United States

medaptus’ intelligent, EHR-integrated solutions help hospitals and health care organizations increase revenue, improve efficiency, and focus on patient care by automating and streamlining inefficient, time-consuming charge capture, revenue management, reconciliation, and patient assignment processes. Its award-winning software has been trusted by hundreds of hospitals and thousands of physicians across the United States for 20+ years, including Beth Israel Lahey Health, CoxHealth, Northwell Health, Banner Health, BayCare Health System, and more. Learn more by visiting www.medaptus.com

Revenue
$3.2M
Year founded
2000
Team size
29
7AZZLY, Inc. logo
AZZLY, Inc.

Orlando, Florida, United States

Now more than ever, communities need to pull together. AZZLY® believes in the strength of community behavioral healthcare and addiction treatment centers. AZZLY offers software and support services targeting the business and financial needs of these organizations. With AZZLY Rize™, a fully integrated EHR and RCM business solution, your organization will realize new advantages that translate into growth of your organization. In a single, integrated, cloud-based EHR/PM/RCM system specific to the specialty needs of outpatient behavioral healthcare and addiction treatment services, AZZLY Rize simplifies the user experience without compromising on compliance and individualized treatment plans, goals, objectives and medical assessments which drive improved patient outcomes and payer reimbursements. With AZZLY Rize, your organization grows! Explore efficiencies in documentation so you can serve more patients. Realize efficiencies in scheduling to optimize time. Streamline back office efforts for improved coding, faster billing, and increased receipt of cash. Learn more at www.azzly.com.

Revenue
$3.2M
Year founded
2009
Team size
29
8PatientPay Inc. logo
PatientPay Inc.

Durham, North Carolina, United States

Provider of patient billing and payment system created to deliver products and services designed for today's healthcare needs. The company develops a cloud-based patient billing and payment platform that automatically posts those payments to the proper balances in user system, just like your insurance payments, collect more payments and eliminate the time-consuming and manual steps without disrupting workflow, offering patients a simple way to manage their healthcare-related financial obligations.

Revenue
$2.9M
Year founded
2008
Funding
$18.7M
Team size
20
9ChartFast logo
ChartFast

Lawrenceville, Georgia, United States

ChartFast is an innovator in ROI automation and medical data analysis and presentation. We are bringing the power of big data to ROI. Founded in 2013, ChartFast is committed to providing HIM solutions that will bring real savings to healthcare organizations, with a focus on ensuring our products create a better patient experience.

Revenue
$2.5M
Year founded
2013
Team size
23
10MICA Information Systems, Inc. logo
MICA Information Systems, Inc.

Winston Salem, North Carolina, United States

MICA Information Systems markets it's own medical practice management system and is a reseller for Intelligent Medical Software (IMS) suite of products. This suite includes Electronic Medical Records (EMR), Practice Management Software (PMS), Document Management Imaging, etc. MICA also provides revenue cycle management and outsourced billing services for medical practices as well as IT hardware and network services sales and support. MICA provides our services via In-House Servers, Application and Data Hosting, and Software-as-a-Service (SaaS). MICA is an experienced data conversion solution. We have assisted many medical practice with their data conversion needs by converting their old EMR and PMS data to newer solutions. We can convert discrete data as well as documents and images from one system to another.

Revenue
$2.4M
Year founded
1979
Team size
22

Frequently asked questions about Revenue Cycle Management Software Companies With $1M–$5M Revenue

How many revenue cycle management software companies with $1M–$5M in annual revenue are there?

Latka tracks 18 revenue cycle management software companies with $1M–$5M in annual revenue. Together they generate $47.5M in annual revenue and employ 471 people.

Which revenue cycle management software company with $1M–$5M in annual revenue is the largest?

Clinicient is the largest, with $5M in annual revenue, founded in 1999.

How much revenue does a typical revenue cycle management software company with $1M–$5M in annual revenue make?

The average revenue cycle management software company in this list makes $2.6M a year, across 18 companies with reported revenue.

Who are the leading Revenue Cycle Management software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Clinicient, Sift Healthcare, Encoda, SlicedHealth and Phycon, Inc..

How much funding have revenue cycle management software companies with $1M–$5M in annual revenue raised?

The 18 revenue cycle management software companies with $1M–$5M in annual revenue tracked here have raised $20.2M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- Software must manage billing and claims processing. - Must provide features for tracking patient payments and outstanding balances. - Should include analytics tools for revenue forecasting and performance insights. - Must help reduce claim denials and improve reimbursement rates. - Not just focused on patient scheduling or electronic health records; must specifically address revenue cycle management.