AdvancedMD
by AdvancedMD (owned by Francisco Partners)
Comprehensive cloud-based EHR with integrated practice management, billing, and AI-powered documentation tools.
Overview
AdvancedMD is a comprehensive, cloud-based software-as-a-service (SaaS) platform that unifies Electronic Health Records (EHR), practice management, and medical billing in a single solution. The platform helps healthcare providers manage both clinical and financial workflows efficiently, featuring AI-generated SOAP notes, ambient listening for clinical conversations, automated patient intake, prior authorization tools, and computer-assisted coding.
Key Features
Notable for being one of the first cloud-based EHR solutions released in 2000, the platform serves an expansive national footprint of more than 26,000 practitioners across 8,600 practices and 600 medical billing companies. Nearly 3.5 million insurance claims are processed monthly on the AdvancedMD billing platform.
Best For
AdvancedMD is best suited for small to mid-sized independent medical practices and multi-specialty clinics that want to consolidate patient records, appointment scheduling, billing, and encounter documentation within one platform. The company was acquired for approximately $1.1 billion by Francisco Partners in late 2024.
Built for: Cardiology, Dermatology, Gastroenterology, Mental Health, Pain Management, Pediatrics, Physical Therapy, Primary Care — Large (26-100 providers), Medium (6-25 providers), Small (2-5 providers), Solo Practice
Pros & Cons
Strengths
- Highly customizable templates that users can modify without development
- Comprehensive all-in-one platform integrating EHR, practice management, and billing
- Cloud-based accessibility from any device with mobile app support
- Robust billing and RCM features with integrated clearinghouse
- Seamless charge entry and detailed reporting capabilities
- AI-powered features including ambient listening and SOAP note generation
Limitations
- Frequent system slowdowns, lag times, and occasional crashes
- Long wait times and unresponsive customer support
- Steep learning curve with often insufficient training resources
- High costs with additional fees for customization and add-ons
Pricing
What Users Say
"I have used many different medical systems, and this is by far the best for billing and reporting. It is well integrated and has all the software needed for running a solo medical practice."
"Average software with frequent bugs and slowdowns. Currently having everyday issues with signing notes, errors popups causing delays. Despite many calls this has not been fixed."
How It Compares
The Bottom Line
AdvancedMD is best suited for small to mid-sized independent medical practices and multi-specialty clinics that need a comprehensive, all-in-one cloud-based solution.
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