AdvancedMD Reaches Milestone Processing More Than 1 Million Claims in
a Single Month
Features of Web-based
Medical Billing Software Strengthen Offering to Reach More Than
8,500 Providers Nationwide
SALT LAKE CITY (Business Wire EON) April 30, 2008 --
AdvancedMD Software Inc. (www.advancedmd.com),
the leading provider of Web-based practice management solutions for
physician offices, management services organizations and medical billing
services, announced today that it now provides medical billing software
to more than 8,500 providers nationwide who collectively processed more
than one million claims last month. This milestone highlights the
enormous growth of the company, processing more than $3 billion in
claims annually, and reaffirms the use of Web-based
products managing aspects of business in virtually every major
vertical market – including private practice
medicine.
“Business has grown more than 1000 percent
over the past four years, and we have the opportunity for sustained
growth in the physician practice management market,”
said Michele Hilton, AdvancedMD CFO. “Physicians
trust AdvancedMD to deliver management efficiencies and exceptional
customer support with state-of-the-art medical
billing software. We intend to leverage this success with additional
resources so that AdvancedMD can accelerate its growth and solidify its
leadership position.”
AdvancedMD credits its tremendous growth in part to its value in products
and services tailored specifically to meet the needs of the
physician including real-time billing,
scheduling,
claims
management and electronic
medical records. Its Web-based offering, designed from the ground up
to run securely and effortlessly over the Internet, keeps IT costs down
and assists physicians in taking full advantage of the Web in order to
maximize savings and time efficiency.
Dr. James De Meo of Carolina Podiatry PC in Scarsdale, New York started
using AdvancedMD two years ago as health insurance companies began
ratcheting up the pressure on doctors to file claims electronically. He
says the program has transformed his practice. “The
biggest thing it’s done is save us time,”
De Meo said. “I’m
able to use my time more efficiently, and that turns around into better
patient care and more profit.”
Winner of the 2007 “Best
in KLAS” award for the industry’s
highest overall client satisfaction as well as the 2007
CODIE AWARD for "Best Healthcare Management Solution," AdvancedMD
was also recently named to the Inc.
500 List of Fastest Growing Private Companies in America. AdvancedMD
maintains a 97% customer retention rate and serves over 8,500 providers,
30,000 users and manages over 15 million patient records across all 50
states as well as Puerto Rico, the US Virgin Islands, and portions of
Canada, England, New Zealand and Australia.
About AdvancedMD Software
AdvancedMD Software, Inc., headquartered in Salt Lake City, Utah, is the
leader in Web-based medical billing and practice management software.
AdvancedMD Software brings to market AdvancedMD, a full-featured medical
billing and scheduling solution and AdvancedEMR, a flexible electronic
medical records management system. AdvancedMD solutions include free
technical support, world-class security, and fully HIPAA
compliant accessibility. For more information please visit www.advancedmd.com.
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