AdvancedMD
AdvancedMD is a cloud-based healthcare software platform serving over 13,000 U.S. ambulatory practices with unified EHR, practice management, billing, RCM, and patient engagement tools, owned by Francisco Partners following a 2024 acquisition.
- Company typePrivate
- Founded1990
- HeadquartersSouth Jordan, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What AdvancedMD does
AdvancedMD is a cloud-based healthcare technology company that sells a unified medical office software platform — combining electronic health records, practice management, medical billing, and patient engagement — to ambulatory practices across the United States. Its core platform is built on AWS, holds ONC Certification and HIPAA compliance, and is architected around a single database serving all roles within a practice. The company reports serving 13,000+ practices, 65,000 practitioners, and 900 medical billing companies, processing roughly 9.5 million claims per month across an integrated clearinghouse connected to 1,800 carriers; it supports 65+ specialties with configurable templates and specialty-specific workflows.
The product surface includes EHR with a proprietary 'Smart EHR Dashboard' (Donut Dashboard) and Patient Cards, a ClaimInspector scrubbing engine running 3.5 million edits per claim targeting 95%+ first-pass acceptance, an A/R Control Center, eEligibility verification, Central Billing Office for multi-entity billing, and an AI Clinical Assistant offering ambient listening, transcription, and AI-generated SOAP notes, psychiatric evaluations, treatment plans, and action items. An AdvancedBiller partner ecosystem of 800+ independent billing companies, an AdvancedMD Now self-service sub-brand for small mental health practices, and enterprise APIs/interoperability with 50+ EHR systems extend distribution.
Revenue mechanics combine annual subscription for the unified platform, percentage-of-collections RCM services typically priced at 4–8%, transaction-based clearinghouse and payment processing, and a self-service per-provider subscription at $130/month. Go-to-market runs through enterprise field sales for large groups/MSOs/IPAs/ACOs, inside sales for mid-market practices, the AdvancedBiller channel, and self-service for SMB. Francisco Partners acquired the company from Global Payments in November 2024 for approximately $1.1 billion, and AdvancedMD has since expanded leadership, launched AI features in 2025–2026, and signed partnerships with NGA Healthcare, EirSystems, and Keragon.
AdvancedMD firmographics
Firmographics- Name
- AdvancedMD
- Legal name
- AdvancedMD
- Website
- https://advancedmd.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- AdvancedMD is a cloud-based healthcare software platform serving over 13,000 U.S. ambulatory practices with unified EHR, practice management, billing, RCM, and patient engagement tools, owned by Francisco Partners following a 2024 acquisition.
- Ownership category
- akta.pro rank
AdvancedMD industry classification
Industry- Product category
- Healthcare Practice Management Software
- NAICS
- Software Publishers (5132), Software Publishers (513210), Software Publishers (51321)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways) (HLACAFAO)
- akta.pro secondary industries
- Healthcare Master Data Management (MDM) & Patient/Provider Identity Data (HLACAIAB), Medical-Grade Device Connectivity & Device Management (MDM) (HLACAFAG)
Keywords
Where AdvancedMD is headquartered
LocationHeadquarters
- HQ city
- South Jordan
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
AdvancedMD business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Unified Platform Subscription: Annual or monthly subscription for unified EHR, practice management, and patient engagement platform. Custom pricing based on practice size, specialty, and feature set. Typical RCM pricing is 4-8% of monthly collections (inclusive of software access).
- AdvancedMD Now - Per-Provider Subscription: Month-to-month subscription at $130 per provider per month for small mental health practices using the self-service AdvancedMD Now instance.
- Managed/Outsourced RCM Services: Revenue cycle management services priced as a percentage of monthly collections, including software access, claims handling, payer follow-ups, denial management, and financial reporting. Practices can switch between in-house billing and outsourced RCM at any time.
- Clearinghouse & Payment Processing: Integrated clearinghouse connecting to 1,800 carriers; credit card processing (AdvancedMD Pay) via per-transaction pricing with next-day settlement and no additional monthly fees.
- AdvancedBiller Partner Program: Partner billing companies receive volume discount pricing, premium support, promotional tools, and marketplace visibility. Billing companies can grow their business through the AdvancedBiller Grow program.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | AdvancedMD Now: $130/provider/month |
| Subscription | Annual | Main Platform: Custom quote-based pricing |
| Subscription | Monthly | RCM Services: ~4-8% of collections |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels8 records
AdvancedMD product offering
Product offeringCore offering
AdvancedMD sells a unified cloud-based medical office software platform that combines electronic health records, practice management, medical billing, patient engagement, and revenue cycle management in a single database. The platform is sold primarily through subscriptions and is supplemented by managed outsourced billing services priced as a percentage of collections. Standalone product offerings include Practice Management, EHR Software, Medical Billing Software, Patient Engagement, Revenue Cycle Management services, AI Clinical Assistant, and the AdvancedMD Now self-service instance for small mental health practices.
Product overview
AdvancedMD is a unified cloud-based healthcare software platform for independent medical practices, offering a complete suite of integrated applications. The core platform combines Practice Management, Medical Billing Software, EHR Software, Patient Engagement, Revenue Cycle Management, and AI Automation in one unified database. Key products and modules include: AI Clinical Assistant for ambient documentation; Scheduling Software; Reporting & Analytics; A/R Control Center; Central Billing Office; Medical Billing Clearinghouse (1,800 carrier connections); Medical Coding; Credit Card Processing; eEligibility; Claims Management; ERA Automation; Patient Portal; Patient Kiosk; Telehealth; and Patient Room Tracking. Enterprise offerings include Group Practice Solutions with Open API Architecture, ODBC, Testing Sandbox, and interoperability with 50+ EHR systems and major CRMs (Salesforce, Zoho, Apollo, LeadSquared). Specialized solutions include AdvancedMD Now for mental health practices and Professional Services for implementation and training. The platform serves 13,000+ practices, 65,000+ practitioners, and 900 billing companies across 25+ specialties including family practice, internal medicine, mental health, physical therapy, surgery, OB/GYN, pediatrics, and gastroenterology.
Differentiator
Problem solved
Functional benefit
Brands
- AdvancedMD Now: A self-service mental health practice platform designed for solo providers and small mental health groups with streamlined onboarding and reduced support needs.
Products and services
- One AdvancedMD (Unified Cloud Platform) Complete suite of cloud-based healthcare applications unified within a single database for all roles of the practice, combining EHR, practice management, billing, and patient engagement in one platform for independent and enterprise ambulatory medical practices.
- Practice Management Practice management software with modern front-office features including scheduling, insurance verification, charge capture, and workflow optimization designed for independent medical practices.
- EHR Software AI-enabled, ONC-certified electronic health records software with specialty-specific paperless charting, Smart EHR dashboard with task donuts, patient cards, and clinical decision support for medical practices.
- Medical Billing Software Comprehensive medical billing software suite with claims management, integrated clearinghouse, payment processing, A/R control center, and reporting tools designed to optimize practice revenue.
- Patient Engagement Patient engagement platform including patient portal, telehealth, appointment reminders, communications, reputation management, and patient self-scheduling tools for medical practices and their patients.
- Revenue Cycle Management (RCM) Outsourced billing services with expert teams managing the entire revenue cycle for medical practices, including claims submissions, collections, denial management, payer follow-ups, and transparent financial reporting for higher reimbursement rates.
- AI Clinical Assistant AI-enabled clinical documentation suite with ambient listening, transcription, and AI-generated clinical notes including SOAP notes, psychiatric evaluations, medication management notes, and treatment plans, designed to reduce clinical documentation burden and automate clinical workflow for medical practices.
- AdvancedMD Now Self-service mental health practice platform for small practices including EHR, billing, telehealth, and scheduling on a month-to-month subscription at $130/provider/month with a 30-day free trial and no long-term contracts.
- Enterprise & Group Practice Solutions Enterprise software solutions for large group practices, MSOs, IPAs, and ACOs including multi-location management, Open API architecture, developer sandbox, enterprise interoperability with 50+ EHR systems, and CRMs (Salesforce, Zoho, Apollo, LeadSquared, SuiteCRM, LunaJoy, WebVehicle).
- AdvancedBiller Marketplace Partner marketplace connecting physician practices with medical billing service companies for RCM services, offering national exposure and free lead generation for AdvancedBiller partners while directing providers to compatible outsourced RCM solutions.
- Professional Services Expert consulting, implementation, and training services that help medical practices optimize AdvancedMD for ideal workflow and achieve their growth goals.
- Managed Billing Outsourced managed billing service with expert RCM teams handling claims, denials, posting, and collections on behalf of medical practices for increased revenue performance, allowing practices to switch between in-house and outsourced billing at any time.
Companies that use AdvancedMD
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
AdvancedMD technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
AI capability9 records
Feature10 records
AdvancedMD partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- EirSystemscoreAdvancedMD partnered with EirSystems to integrate EirSystems' EIRMAR (electronic Medication Administration Record) platform, offering private practices an innovative eMAR solution to manage prescriptions. The integration was showcased at Psych Congress and enhances medication management for mental health providers.
- NGA HealthcarecoreAdvancedMD partnered with NGA Healthcare to boost reimbursement rates for ambulatory practices. The partnership aims to help practices achieve higher reimbursement through specialized payer contracting and RCM optimization, combining AdvancedMD's software platform with NGA Healthcare's reimbursement expertise.
- Amazon Web Services (AWS)coreAdvancedMD is hosted entirely on AWS cloud infrastructure, providing secure, reliable, and scalable platform delivery. The company holds AWS-hosted designation as a key trust indicator. Free data storage and automatic backup included for all customers.
- 800+ Independent RCM/Billing PartnerscoreThe AdvancedBiller partner ecosystem includes 800+ independent medical billing and RCM companies that use AdvancedMD software to serve their own client practices. Partners receive volume pricing, premium support, co-branding tools, and free lead generation through the AdvancedBiller Marketplace.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
AdvancedMD competitors and assessment
Company assessmentEmerging players
- Waystar: Cloud revenue cycle management, claims processing and patient payment platform for hospitals and ambulatory practices. Overlaps AdvancedMD on the clearinghouse/RCM/payment-processing layer (1,800 carrier connections; AdvancedMD Pay) where AdvancedMD is bundled into the unified platform and Waystar is sold standalone.
- Practice Fusion: Cloud-based EHR for independent practices with strong primary-care presence post-Veradigm. Comparable to AdvancedMD on cloud delivery, ambulatory focus and ONC-certified EHR functionality, with a smaller product portfolio and less depth in RCM services.
- SimplePractice: Cloud practice management software purpose-built for solo and small-group mental and behavioral health practices. Directly comparable to AdvancedMD's AdvancedMD Now sub-brand on target customer (solo mental health therapists), self-service onboarding and PLG pricing model, with a narrower product scope.
Direct peers
- NextGen Healthcare: Ambulatory EHR, practice management and RCM platform serving small to mid-size specialty practices. Overlaps AdvancedMD on multi-specialty ambulatory focus, RCM services and managed cloud delivery, with comparable specialty templates and population-health tooling.
- eClinicalWorks: Major ambulatory EHR and practice management vendor serving tens of thousands of independent and small-group practices in the US. Comparable to AdvancedMD on multi-specialty ambulatory focus, claims/RCM functionality, integrated clearinghouse approach and pricing tailored to independent practices.
- Tebra (Kareo): Cloud EHR, practice management and medical billing software plus a marketplace built for independent practices. Directly competes with AdvancedMD across the same SMB/independent practice segment, with similar subscription + percentage-of-collections RCM pricing and an analogous 'all-in-one' product positioning.
- athenahealth: Cloud-based EHR, practice management and patient engagement platform for ambulatory practices and hospitals. Closely comparable to AdvancedMD on product scope (EHR + PMS + patient engagement + RCM), cloud delivery model and independent-practice customer base, though athenahealth also serves larger enterprise customers.
Others
- Phreesia: Patient intake, registration and patient engagement platform for ambulatory and specialty practices. Adjacent rather than directly competing - overlaps the patient engagement, self-scheduling and patient-pay modules in AdvancedMD's patient engagement suite, but does not offer EHR or full RCM.
Broad incumbents
- Oracle Health (Cerner): Acquired Cerner; offers ambulatory and acute EHR plus RCM capabilities to a broad provider footprint. Competes with AdvancedMD in the larger end of the ambulatory market and via community-works models, but is anchored in acute-care deployments rather than independent practice workflows.
- Epic Systems: Largest EHR vendor in the US, dominating large health systems and academic medical centers with a broader ambulatory offering (EpicCare). Functions as a broad incumbent competitor that increasingly targets the large group / MSO / IPA segment AdvancedMD also sells into, with much larger R&D and installed base.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
AdvancedMD social profiles
Digital presenceAdvancedMD compliance and trust
Trust signalCompliance5 records
AdvancedMD financial estimates
Financial estimateRevenue estimate
Valuation estimate
AdvancedMD leadership team
Management profileNumber of profiles
Profiles6 records
AdvancedMD funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AdvancedMD M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AdvancedMD
What does AdvancedMD do?
AdvancedMD sells a unified cloud-based medical office software platform that combines electronic health records, practice management, medical billing, patient engagement, and revenue cycle management in a single database. The platform is sold primarily through subscriptions and is supplemented by managed outsourced billing services priced as a percentage of collections. Standalone product offerings include Practice Management, EHR Software, Medical Billing Software, Patient Engagement, Revenue Cycle Management services, AI Clinical Assistant, and the AdvancedMD Now self-service instance for small mental health practices.
Is AdvancedMD a public or private company?
AdvancedMD is a private company. It is classified as private equity controlled and is currently operating.
When was AdvancedMD founded?
AdvancedMD was founded in 1990. It employs 101 to 250 people.
Where is AdvancedMD based?
AdvancedMD is headquartered in South Jordan, United States, in the North America region.
How does AdvancedMD make money?
Five revenue lines are on record. Unified Platform Subscription is the primary driver. The others are advancedMD Now - Per-Provider Subscription, managed/Outsourced RCM Services, clearinghouse & Payment Processing and advancedBiller Partner Program.
Who are AdvancedMD's main competitors?
Emerging players on record are Waystar, Practice Fusion and SimplePractice. Direct peers are NextGen Healthcare, eClinicalWorks, Tebra (Kareo) and athenahealth. Phreesia is listed as an others. Broad incumbents are Oracle Health (Cerner) and Epic Systems.
Does AdvancedMD have an API?
Yes. AdvancedMD offers an Open API and interoperability framework supporting integrations with EHRs, enterprise applications, laboratories, HIEs, and CIEs. Enterprise tools include a developer portal and API sandbox—a dedicated non-production environment for safe testing and rapid prototyping of custom enterprise integrations. Enterprise CRM integrations are available including Salesforce, Zoho, Apollo, LeadSquared, SuiteCRM, LunaJoy, and WebVehicle. ODBC-based data access provides read-only access to most database tables including patient demographics, appointments, financial transactions, and key clinical data. Developer documentation is at www.advancedmd.com/group-practice/developer-solutions.
What industry is AdvancedMD in?
AdvancedMD's product category is Healthcare Practice Management Software. Its primary akta.pro industry code is HLACAFAO, Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways), with a secondary code of HLACAIAB, Healthcare Master Data Management (MDM) & Patient/Provider Identity Data. Its NAICS code is 5132 and its SIC code is 7372.