SOURCE: AdvancedMD

AdvancedMD

June 22, 2010 07:00 ET

AdvancedMD Makes Healthcare Informatics 2010 HCI 100 List

AdvancedMD's Revenue of $26.8 Million in 2009 Earns the Company a Position Within the Respected HCI 100 List of Leading Healthcare IT Providers

SALT LAKE CITY, UT--(Marketwire - June 22, 2010) -  AdvancedMD® Software, Inc., the leader in all-in-one, web-based practice management, Electronic Health Record (EHR), and billing applications for medical practices and medical billing services, announced today it has been included in Healthcare Informatics Magazine's "HCI 100" list of leading healthcare IT vendors. AdvancedMD's inclusion in the 2010 HCI 100 reflects the company's strong year-over-year revenue growth of 23.7 percent, achieving $26.8 million in 2009 revenue. 

"We're pleased to be ranked in the 2010 HCI 100 list of industry leaders," said Eric Morgan, AdvancedMD's CEO. "It is solid recognition of our continued growth, which further supports our commitment as a provider of solutions that deliver significant value to our medical practice and billing service clients."

Healthcare Informatics' HCI 100 listing is one of the most respected compilations of major Healthcare IT companies in the U.S. The HCI 100 2010 was published in the June issue of Healthcare Informatics and can be found online at www.healthcare-informatics.com.

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About AdvancedMD Software
AdvancedMD provides a market leading Software-as-a-Service (SaaS) electronic health record (EHR) and practice management (PM) software platform delivered to more than 10,000 providers and 300 medical billing service providers nationwide. As a complete Medical Practice Optimization solution, the product combines the clinical with the financial to improve workflow and revenue capture. The AdvancedMD solution includes a certified EHR, patient portal, scheduling, electronic eligibility verification, electronic prescribing, and mobile access capabilities for the practice, and sophisticated, efficient claims processing, denial tracking and revenue management for the billing professional. Processing more than 1.5M claims per month through its clearinghouse, the company is able to identify payer rule changes quickly and continuously adjust the software to reflect those changes, yielding first-pass claim acceptance rates of 95 percent or better, compared to the national average of 70 percent. For more information, please visit www.advancedmd.com.

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