AdvancedMD

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.

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

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

• Cloud medical billing
• EHR software platforms
• Practice management software
• Revenue cycle management
• Patient engagement software

Headquarters

HQ city

South Jordan

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 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).
2. 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.
3. 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.
4. 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.
5. 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

Go-to-market motion4 records

Distribution channels4 records

Marketing channels8 records

Core 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.

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

AI capability9 records

Feature10 records

Partnerships

Four partnerships are on record, tiered core.

• EirSystemscoreTechnology or Integration · 29 July 2025AdvancedMD 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 HealthcarecoreStrategic or Co-development Partner · 21 July 2025AdvancedMD 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)coreTechnology or IntegrationAdvancedMD 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 PartnerscoreChannel Partner/ Reseller/ DistributorThe 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

Emerging 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

• Xx.com/advancedmd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AdvancedMD