
AdvancedMD
Finance and Accounting
AdvancedMD is a healthcare technology company that provides finance and accounting services for healthcare and life sciences, known for its comprehensive cloud-based solutions tailored for independent medical practices.
Size
501-1K
Public
50m-100m
Mission
To provide best-in-class patient care while helping practices achieve superior business outcomes.
About
AdvancedMD offers finance and accounting services along with analytics and data solutions for clients in healthcare and life sciences. The company operates using an onshore delivery model and supports small private medical practices across the United States.
It is recognized for its innovative cloud-based healthcare solutions, with a strong focus on improving productivity and financial outcomes for practices.
Services
AdvancedMD provides finance and accounting services supported by analytics and data solutions and specific offerings such as claims processing, billing & invoicing, and financial planning & analysis (FP&A). These services cover a range of financial functions and are tailored to support the operational needs of small private medical practices.
Capabilities
Claims Processing
Billing & Invoicing
Financial Planning & Analysis (FP&A)
Market & Competitive Intelligence
Business & Financial Research
Data Quality & Governance
Industries Served
The company serves clients in healthcare and life sciences. It has experience supporting independent medical practices and billing companies with services aligned to industry-specific requirements and technology platforms designed to enhance operational efficiency.
Unique Stregths
AdvancedMD is known for its comprehensive suite of cloud-based solutions, offering clients the ability to optimize practice management and financial performance. Its approach includes dedicated support for regulatory compliance and business consulting, which helps deliver consistent results at scale.
Delivery Footprint
Headquartered in South Jordan, Utah, the company operates using an onshore delivery model. It serves clients across the United States, with teams working in a hybrid environment depending on client needs.
Certifications
No items found.
Verticals
Healthcare & Life Sciences
Clients
No items found.
What's the main service provided by
AdvancedMD
?
AdvancedMD specializes in finance and accounting services, focusing on the healthcare sector. Their offerings encompass a variety of essential functions including claims processing, billing and invoicing, as well as financial planning and analysis (FP&A). These services are specifically designed to meet the operational requirements of small private medical practices, enhancing their financial effectiveness and operational efficiency.
What additional services does
AdvancedMD
provide?
In addition to their core finance and accounting services, AdvancedMD also offers analytics and data solutions. These additional capabilities enhance their service portfolio, providing clients with valuable insights and improved decision-making tools to further drive business success.
When was
AdvancedMD
founded?
AdvancedMD was established in 1999, marking the beginning of its journey in providing specialized services for the healthcare sector. As of 2024, the company has been in operation for 25 years, during which it has grown and adapted to the evolving needs of its clients.
What industry verticals does
AdvancedMD
serve?
AdvancedMD primarily serves the Healthcare & Life Sciences sectors. This focus allows them to tailor their financial and analytical services to meet the unique challenges and regulations faced by independent medical practices and billing companies within these industries.
What delivery model does
AdvancedMD
offer?
AdvancedMD employs an onshore delivery model, meaning that their services are provided from within the same country as their clients, specifically the United States. This approach ensures closer collaboration and communication, while also facilitating compliance with local regulations and industry standards.
How many employees and/or seats does
AdvancedMD
have?
AdvancedMD has a workforce ranging from 501 to 1,000 employees. This substantial team size enables the company to effectively manage a diverse range of client needs and deliver high-quality services across the healthcare sector.
Can
AdvancedMD
be considered a good service provider for startups?
Can
AdvancedMD
be considered a good service provider for SMBs?
Can
AdvancedMD
be considered a good service provider for enterprises?
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