AdvancedMD - Comprehensive Healthcare IT Solutions Provider
Overview
AdvancedMD is a leading provider of cloud-based electronic health record (EHR) and practice management software solutions for medical practices and healthcare organizations. The company was founded in 1999 by David Henriksen, who saw an opportunity to help healthcare providers better manage their practices and improve patient care through the use of technology. Headquartered in South Jordan, Utah, AdvancedMD has grown to become a major player in the healthcare IT industry, serving thousands of clients across the United States.
Over the years, AdvancedMD has expanded its product suite to include a range of solutions aimed at improving the efficiency and effectiveness of medical practices. Its offerings include electronic health records (EHRs), practice management (PM) systems, medical billing, telemedicine, patient engagement tools, and business analytics.
Electronic Health Records (EHRs) have become an essential component of modern healthcare management, helping to streamline documentation, improve patient care, and facilitate information sharing between providers. AdvancedMD’s EHR solution offers a comprehensive and user-friendly platform that allows healthcare professionals to manage their patient records, track clinical data, and maintain compliance with regulatory requirements.
The Practice Management (PM) system offered by AdvancedMD is designed to help healthcare providers manage their day-to-day operations more efficiently, including scheduling, billing, and reporting. By automating these tasks, practices can save time, reduce errors, and focus on delivering high-quality patient care.
Medical billing can be a complex and time-consuming process for healthcare providers. AdvancedMD’s medical billing solutions aim to simplify this process, offering an integrated platform that handles claim submissions, tracks payments, and ensures that practices receive accurate reimbursements for their services.
Telemedicine has become increasingly important in the era of digital healthcare, enabling providers to consult with patients remotely and improve access to care. AdvancedMD’s telemedicine platform allows healthcare providers to conduct virtual visits with patients, reducing the need for in-person appointments and helping to expand the reach of medical services.
Patient engagement is a crucial aspect of modern healthcare, as it helps to ensure that patients remain actively involved in their care and achieve better health outcomes. AdvancedMD offers a range of patient engagement tools, including a patient portal, appointment reminders, and secure messaging systems, to help providers communicate more effectively with their patients and promote a more collaborative approach to healthcare.
Business analytics can provide valuable insights into the performance of a medical practice, helping providers to identify areas of improvement and make informed decisions. AdvancedMD’s business analytics tools offer a range of data-driven reports, dashboards, and performance metrics that enable healthcare providers to analyze their practice’s performance and optimize their operations.
In terms of funding, AdvancedMD has attracted significant investments from various sources. In 2008, the company received $48 million in funding from Insight Venture Partners, a leading global venture capital and private equity firm. This investment allowed AdvancedMD to accelerate its growth and expand its range of products and services.
In 2011, Francisco Partners, a technology-focused private equity firm, acquired a majority stake in AdvancedMD. This acquisition provided the company with additional resources and expertise to continue its growth trajectory, enabling it to develop new solutions and expand its market presence. Francisco Partners played an instrumental role in shaping the company’s strategic direction and supporting its ongoing success.
AdvancedMD continued to attract interest from investors and industry players. In 2015, the company was acquired by Marlin Equity Partners, a global investment firm that specializes in corporate divestitures, growth capital investments, and the acquisition of underperforming businesses. This acquisition further strengthened AdvancedMD’s position in the healthcare IT market and provided additional resources to support its expansion.
Throughout its history, AdvancedMD has also been involved in a number of strategic acquisitions that have helped to enhance its product offering and expand its market presence. In 2016, the company acquired NueMD, a medical billing and practice management software provider, which allowed AdvancedMD to broaden its customer base and extend its reach into new segments of the healthcare market. This acquisition also helped the company to enhance its existing solutions by integrating NueMD’s innovative technology and expertise into its product suite.
Another notable acquisition took place in 2018, when AdvancedMD acquired Inofile, a provider of healthcare document management solutions. This acquisition enabled AdvancedMD to strengthen its EHR and practice management offerings by incorporating Inofile’s document management and data integration capabilities. The addition of Inofile’s technology allowed AdvancedMD to offer more comprehensive and efficient solutions for managing patient records and streamlining the flow of information within healthcare practices.
In 2020, AdvancedMD further expanded its portfolio by acquiring Zulu Health, a provider of patient engagement and communication solutions for medical practices. This acquisition allowed AdvancedMD to enhance its patient engagement offerings by integrating Zulu Health’s innovative technology into its platform, providing healthcare providers with new tools to improve patient communication and satisfaction.
The most recent acquisition by AdvancedMD took place in 2021, when the company acquired Clinicient, a provider of electronic medical record (EMR) and billing solutions for rehabilitation therapy providers. This acquisition expanded AdvancedMD’s presence in the therapy segment of the healthcare market, allowing the company to serve a broader range of healthcare providers with its comprehensive suite of solutions.
Throughout its history, AdvancedMD has remained committed to delivering innovative and efficient solutions that help healthcare providers manage their practices and deliver high-quality patient care. The company’s continued growth and success can be attributed to its strong focus on customer needs, its ability to adapt to the rapidly evolving healthcare landscape, and its strategic investments in cutting-edge technology and acquisitions.
Today, AdvancedMD serves thousands of medical practices and healthcare organizations across the United States, with a strong presence in the ambulatory care market. Its comprehensive suite of solutions has made it a leading player in the healthcare IT industry, helping providers to navigate the complexities of modern healthcare management and improve patient outcomes. As the healthcare landscape continues to evolve, AdvancedMD is well-positioned to continue its growth and play a critical role in shaping the future of healthcare technology.
- www.advancedmd.com
- 698 W 10000 S, South Jordan, Utah 84095, USA
- Phone: 801-984-9500
- Employees: 800
Disclaimer: Please note that the names and positions of employees mentioned may be subject to change, as individuals may move to different roles or organizations. While we make every effort to keep our information accurate and up-to-date, we cannot guarantee that all employee details are current or complete. We encourage you to verify the identity and positions of any individual mentioned and check their Linkedin Profile before taking any action based on their role.
Employees
Amanda Hansen – President
Troy Young – Chief Technology Officer
Michele Hilton – Chief Financial Officer
Tyler Hansen – Director Hunter Sales
Craig Adkins – Vice President Revenue Cycle Management
Stephen H. Dart – VP of Engineering
Paul Chalmers – Vice President Sales
Aaron Glauser – Senior Director of Product Marketing
Sean Dunkley – Director, Enterprise Account Management & Services – Executive Team
Cameron C Thorpe – Director Of Quality Assurance
Carla Huggard – Director of Sales Operationsv
Jessica Kojima – Vice President, Professional Services
Kate Boyle – Manager of Corporate IT
Elie Azar – Senior Director, Application System Development
Jennifer Harris – Director, Enterprise Implementation