What ASPMD does

ASPMD (ASP.MD Inc.) is a privately held healthcare IT company headquartered at 229 Third Street, Cambridge, Massachusetts, founded in 2001 by physician software engineer Chris Kreis, who remains CEO. The company develops and operates AMOS (ASP.MD Medical Office System), a fully web-based, ONC-certified platform that combines practice management, electronic health records (EHR), a patient portal, medical billing, and MIPS/MACRA quality reporting into a single integrated system. The latest certified build is Version 92, certified 2/3/2022 under certification number 15.02.05.1026.ASPM.01.01.0.220203, and ASPMD is one of only 17 CMS-certified entities that operate as both a data submission vendor and a certified Registry.

ASPMD monetizes through a monthly SaaS subscription covering all software features with no upfront costs, no per-user fees, and no third-party license charges, complemented by managed medical billing services that run on the same proprietary platform, transcription services, and regulatory compliance consulting. The go-to-market is sales-led and direct, targeting independent SMB medical practices in the United States through the asp.md website and an 800-number. The company uniquely operates both the software and the billing service on a single stack, which it positions as a differentiator against billing companies that license third-party software.

The company's reported customer outcomes include 95-98% first-pass claims payment, a 28-day average A/R, 98%+ collections of allowables, 40-50% billing cost savings, 30-40% transcription cost reductions, and a 100% success rate getting providers through meaningful use and PQRS programs. The platform supports telemedicine (live video, virtual check-ins, e-visits), automated lab integration, e-prescribing with drug-drug/allergy checks, HCC coding tips, and MIPS data submission to CMS. ASPMD does not disclose revenue, headcount outside the 11-50 range, funding history, or named customers, and there are no disclosed partnerships, acquisitions, or AI/ML capabilities in the source material.

Name

ASPMD

Legal name

ASP.MD Inc.

Website

https://asp.md

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

ASPMD (ASP.MD Inc.) is a privately held, Cambridge, MA-based healthcare IT company founded in 2001 by physician software engineer Chris Kreis, providing an ONC-certified web-based practice management, EHR, billing, and MIPS reporting platform to independent U.S. medical practices through monthly SaaS subscriptions and managed billing services.

Ownership category

akta.pro rank

Product category

Healthcare Practice Management Software

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

RCM Outsourcing & Managed Billing Services (HLACACAN)

akta.pro secondary industries

Patient Access, Registration & Intake (Front-End RCM) (HLACACAE), Patient Billing, Statements & Payment Processing (HLACACAG), Medical Coding, Billing & Clinical Documentation Support (BPAAAFAD)

Keywords

• Practice management software
• Electronic health records
• Medical billing services
• MACRA MIPS reporting
• Healthcare IT solutions

Headquarters

HQ city

Cambridge

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription - Practice Management and EHR: Web-based software subscription for practice management and EHR with no upfront costs. Monthly fees cover all features, updates, maintenance, and support. No additional fees for purchase, license, implementation, maintenance, upgrades, or interoperability connections.
2. Medical Billing Services: Full-service medical billing with experienced staff working claims. Provides claims processing, follow-up, and payment posting. Claims can be worked at any level of existing IT infrastructure. Claims submitted with 98%+ first pass rate and 28-day average A/R.
3. Transcription Services: Dictation transcription services with near-perfect accuracy and overnight turnaround, typically reducing costs by 30-40%. Includes structured dictation service for capturing structured data for quality reporting.
4. Regulatory Guidance and Consulting: Expert guidance on MACRA, MIPS, HIPAA, meaningful use, and other healthcare regulations. Assists practices in meeting compliance requirements and avoiding penalties.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

ASPMD sells a fully integrated, web-based Medical Office System (AMOS) that combines practice management, EHR, and MIPS analytics for independent medical practices, delivered as a SaaS subscription with no upfront costs. The company also offers full-service medical billing (managing claims with 98%+ first-pass rate), transcription services, and regulatory guidance for MACRA/MIPS compliance as integrated add-ons.

Product overview

ASPMD offers a single, fully integrated web-based platform called the ASP.MD Medical Office System as its core product. The system combines practice management, EHR, patient portal, billing, and MACRA/MIPS reporting in one unified platform. Optional add-on modules include medical billing services (with integrated transcription), telemedicine (for virtual visits, check-ins, and e-visits), and regulatory guidance. All products share the same web-based architecture with no upfront costs; the company controls both the software and its own billing services, enabling real-time integration and same-day feature updates.

Differentiator

Problem solved

Functional benefit

Brands

• AMOS: The ASP.MD Medical Office System - integrated web-based practice management, EHR, and MIPS analytics platform.
• Medical Office System

Products and services

• ASP.MD Medical Office System (AMOS) A fully integrated, web-based practice management and EHR platform designed by a physician software engineer for independent medical practices. Includes scheduling, registration, clinical documentation, e-prescribing with safety checks, lab integration, coding, claims management, patient portal, and quality measure reporting (MACRA/MIPS) in a unified system with no upfront costs and monthly subscription pricing.
• Medical Billing Services Full-service medical billing integrated with ASP.MD software, featuring automatic claims submission with over 98% first-pass rate, electronic posting (typically within 15 days), claim scrubbing, rejected-claim follow-up, and accounts receivable management (28-day average A/R) with experienced staff working claims on behalf of the practice.
• Transcription Services Dictation-based medical documentation service offering near-perfect accuracy with overnight turnaround, typically reducing transcription costs by 30-40%. Includes structured dictation for capturing structured data needed for quality reporting.
• Telemedicine Telemedicine module supporting Telehealth visits with live video (GT modifier), Virtual Check-ins (G2012, G2010), and E-Visits via the patient portal (99421-99423, G2061-G2063) for established patients.
• Patient Portal Integrated patient-facing portal enabling patients to view clinical information, lab results, medications, allergies, and problems; exchange secure messages with providers; access shared documents; and download clinical summaries for sharing with other providers.
• MACRA/MIPS Guidance and Reporting Regulatory compliance and quality-reporting service leveraging ASP.MD's status as one of only 17 CMS-certified data submission vendors and registries in the country, offering automatic quality measure tracking and submission to CMS without manual data entry.

Quantifiable outcome

• 28-day average A/R
• +6 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators9 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• Tebra (formerly Kareo + PatientPop): Cloud EHR, practice management, and integrated medical-billing service explicitly aimed at independent practices — directly mirroring ASPMD's positioning, customer segment, and integrated software-plus-billing model.
• eClinicalWorks: One of the largest ambulatory EHR/practice-management vendors in the US, serving many of the same independent and small-group practices that ASPMD targets. Heavily overlaps on EHR + PM + billing/RCM functionality and customer segment.
• CureMD: Integrated EHR, practice management, and medical-billing/RCM services for small and mid-sized practices. Closely comparable product bundle and customer profile to ASPMD.
• AdvancedMD: Cloud-based EHR, practice management, and outsourced billing services for small and mid-sized independent practices. Closely comparable product mix and target customer to ASPMD.
• Office Ally: Healthcare clearinghouse and medical billing services provider with practice-management software, serving independent practices. Comparable on the RCM/billing-services side of ASPMD's offering.
• DrChrono (part of EverCommerce): Cloud-based EHR/practice management with optional RCM/billing services for small and independent practices, including iPad-native workflows. Competes directly with ASPMD for independent-practice software and billing budgets.

Broad incumbents

• Practice Fusion (Veradigm): Cloud-based EHR historically focused on small independent practices; now part of Veradigm. Competes for the same low-end ambulatory EHR/PM buyer that ASPMD targets.
• athenahealth: Cloud-based EHR, practice management, and patient engagement platform with a sizable RCM services arm for ambulatory practices. Much larger and broader than ASPMD but competes for the same independent-practice wallet share with a vertically integrated model.
• Greenway Health: Ambulatory EHR, practice management, and revenue cycle services vendor targeting small and mid-sized practices. Overlaps with ASPMD on EHR + PM + RCM delivery and on customer segment.
• NextGen Healthcare: Ambulatory EHR and practice management vendor serving small to mid-size practices with integrated RCM offerings. Larger and more enterprise-oriented than ASPMD but competes for the same independent and specialty-practice customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about ASPMD