AdvancedMD

South Jordan, United States Founded: 1999 • Age: 27 yrs Acquired By Francisco Partners
Cloud-based practice management, electronic health record (EHR), and medical scheduling software
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About AdvancedMD

AdvancedMD is a company based in South Jordan (United States) founded in 1999 was acquired by Francisco Partners in October 2024.. AdvancedMD has completed 3 acquisitions, including Francisco Partners, NueMD and Phylogic Healthcare. AdvancedMD offers products and services including EHR Software, Practice Management, Patient Engagement, and Billing Software. AdvancedMD operates in a competitive market with competitors including Elation Health, Canvas Medical, nference, Net Health and Enovate Medical, among others.

  • Headquarter South Jordan, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Advancedmd India Private Limited
  • Date of Incorporation 26 Oct, 2015
  • Jurisdiction Madhapur, Telangana, India
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $0 (USD)
    0
    as on Mar 31, 2017
  • Net Profit
    $0 (USD)
    0
    as on Mar 31, 2017
  • EBITDA
    $0 (USD)
    0
    as on Mar 31, 2017
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Francisco Partners

    & 3 more

    (Oct 30, 2024)

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Products & Services of AdvancedMD

AdvancedMD offers a comprehensive portfolio of products and services, including EHR Software, Practice Management, Patient Engagement, and Billing Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cloud-based system for managing patient data and clinical workflows.

Platform for scheduling, billing, and revenue cycle management.

Tools for patient portals, reminders, and secure messaging.

System for claims processing and revenue optimization.

People of AdvancedMD
Headcount 500-1000
Employee Profiles 106
Employee Profiles
People
Matt Baillargeon
Atlassian Systems Engineer
People
Bryan Hunt
Chief Financial Officer
People
Parker May
Senior Account Executive
People
Derrick Nielsen
Client Services Sr. Manager

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Funding Insights of AdvancedMD

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AdvancedMD

AdvancedMD has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Global Payments, Francisco Partners and Marlin Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Global private equity investments are managed by the firm.
Founded Year Domain Location
Private equity investment firm focused on technology sector
Founded Year Domain Location
Cloud-based payment processing is provided for eCommerce and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AdvancedMD

AdvancedMD has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Francisco Partners, NueMD and Phylogic Healthcare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Web-based medical billing, RCM, and EHR services are provided.
2001
Private equity investment firm focused on technology sector
1999
Cloud-based medical billing, EHR, and practice management solutions are provided.
1993
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AdvancedMD

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Advancedmd Comparisons

Employees
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Competitors of AdvancedMD

AdvancedMD operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elation Health, Canvas Medical, nference, Net Health and Enovate Medical, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online EHR is offered for private practice physicians' patient-centered care.
domain founded_year HQ Location
EMR and practice management systems are provided for primary care.
domain founded_year HQ Location
AI platform provided for clinical data analysis and insights.
domain founded_year HQ Location
End-to-end solutions for specialized outpatient care are delivered.
domain founded_year HQ Location
EMR solutions for healthcare professionals
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Advancedmd

Frequently Asked Questions about AdvancedMD

When was AdvancedMD founded?

AdvancedMD was founded in 1999.

Where is AdvancedMD located?

AdvancedMD is headquartered in South Jordan, United States. It is registered at South Jordan, Utah, United States.

Who is the current CEO of AdvancedMD?

Amanda Sharp is the current CEO of AdvancedMD.

What does AdvancedMD do?

ADP AdvancedMD, Inc. provides cloud-based practice management, electronic health record (EHR), and medical scheduling software for medical practices and billing companies in the United States. The company offers AdvancedMD that unifies demographics, scheduling, EHR, and mobile physician tools; and enables users to access schedules, patient records, and medical billing tools. It also provides AdvancedInsight, a reporting suite that helps physicians to measure the financial health of their practices. The companys medical scheduling software allows users to optimize schedules, simplify check-in and checkout, manage patient care, prescribe and order, pursue revenue, and measure financial performance. Also offers solutions for patient engagement.

Who are the top competitors of AdvancedMD?

AdvancedMD's top competitors include Elation Health, Canvas Medical and nference.

What products or services does AdvancedMD offer?

AdvancedMD offers EHR Software, Practice Management, Patient Engagement, and Billing Software.

How many acquisitions has AdvancedMD made?

AdvancedMD has made 3 acquisitions, including Francisco Partners, NueMD, and Phylogic Healthcare.

Who are AdvancedMD's investors?

AdvancedMD has 3 investors. Key investors include Global Payments, Francisco Partners, and Marlin Equity Partners.

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