Procode AI acquires The Auctus Group to build AI-powered RCM for private practice surgeons

March 2, 2026

Procode Inc. launched Procode AI with $4 million in funding and acquired The Auctus Group, a U.S. medical biller serving plastic surgery and dermatology practices. Procode AI will apply its AI coding, claims, and AR/denials management tools to improve reimbursement outcomes for Auctus’ provider clients.

Buyers
Procode Inc. (Procode AI), Story Ventures, CHAP Health Ventures, Progression Fund, Dmitry Shevelenko
Targets
The Auctus Group
Platforms
Procode AI (Procode Inc.)
Location
Illinois, United States
Transaction Type
Addon

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