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
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.
SALT LAKE CITY (PRWEB) April 30, 2008
"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.
