The Auctus Group

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The Auctus Group - overview

Established

2012

Location

Miami, FL, US

Primary Industry

Financial Services

About

The Auctus Group, based in the US, specializes in revenue cycle management services tailored for the plastic surgery and dermatology sectors, focusing on enhancing operational efficiency and reimbursement processes for healthcare providers. Founded in 2012 and headquartered in Miami, US, The Auctus Group provides tailored revenue cycle management services to healthcare providers, primarily in plastic surgery and dermatology. The company has engaged in one significant deal, with its most recent deal completed on March 2, 2026, when it was acquired by Procode AI, a portfolio company of Story Ventures, Progression, and CHAP Health Ventures. The Auctus Group specializes in comprehensive revenue cycle management services specifically tailored for the plastic surgery and dermatology sectors.


Their core offerings include end-to-end medical billing solutions designed to streamline the reimbursement process, enhance cash flow, and ensure compliance with insurance requirements. The company aims to tackle critical challenges such as delayed reimbursements and administrative errors that can negatively affect medical practices. Through meticulous claim handling and operational support, Auctus Group empowers healthcare providers to focus on patient care rather than administrative burdens. Their services are primarily directed towards plastic surgeons and dermatologists across various geographical markets, including the United States and selected international locations, providing these professionals with essential tools to improve financial performance and operational efficiency.


The Auctus Group operates on a business model centered around service fees for their medical billing solutions, charging clients based on the volume of claims processed and services rendered. Transactions typically occur through contractual partnerships, where clients, primarily healthcare providers, engage Auctus Group for ongoing revenue cycle management services. The company’s pricing structure reflects the complexity and scope of services provided, allowing clients to access tailored billing support that meets their specific needs. This structure facilitates a consistent revenue stream for Auctus Group, as clients rely on their expertise to navigate the intricate landscape of medical billing and reimbursement.


Through these strategic partnerships, the Auctus Group enhances the operational capabilities of their clients while reinforcing their position in the dermatology and plastic surgery billing market. In March 2026, The Auctus Group was acquired by Procode AI, indicating a strategic shift towards integrating advanced technologies into their revenue cycle management services. This acquisition is expected to enhance their product offerings and potentially lead to the development of new solutions for healthcare providers in the plastic surgery and dermatology sectors. The company may also target expansion into additional international regions, leveraging the resources and capabilities of Procode AI to reach a broader client base.


Current Investors

Procode AI

Primary Industry

Financial Services

Sub Industries

Consulting Services, e-Financial, Accounting/Finance Software

Website

www.auctusgroupconsulting.com

Verticals

FinTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

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