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AdvancedMD

Cloud-based practice management, EHR, and RCM

Overview

AdvancedMD offers cloud-based software for independent medical practices, providing an integrated platform that combines practice management, EHR, and patient engagement tools. It operates on a SaaS model with per-provider monthly pricing and an optional revenue cycle management service priced as a percentage of monthly collections; the core suite includes scheduling, billing, charting, e-prescribing, telemedicine, patient portal, and analytics to automate administrative tasks and improve claim processing. A distinctive feature is its à la carte pricing that lets larger practices customize features, along with AI-powered automation for tasks like clinical documentation and claim scrubbing to boost submission success. The company's goal is to help independent physician practices run more efficiently, cut manual data entry, improve financial outcomes, and extend access to telemedicine and patient engagement.

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About AdvancedMD

Simplify's Rating
Why AdvancedMD is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningHealthcare

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$700M

Headquarters

South Jordan, UT

Founded

1999

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What believers are saying

  • July 22, 2026 Waystar expansion adds coverage detection, denial appeals, and EOB automation.
  • September 8, 2026 NeuroStar integration makes AdvancedMD stickier for behavioral-health practices adopting TMS workflows.
  • June 16, 2026 and February 19, 2026 releases broaden AI documentation tools and secondary insurance verification.

What critics are saying

  • G2 reviews in 2026 allege HIPAA BAA failures and active litigation over PHI processing.
  • Waystar-powered RCM and AI features face faster, better-funded rivals like Epic and athenahealth.
  • Francisco Partners' late-2024 ownership raises exit pressure, cost discipline, and possible sale distractions in 2027.

What makes AdvancedMD unique

  • Since 1999, AdvancedMD built an integrated cloud suite for independent practices, not hospitals.
  • Its 2026 Waystar and NeuroStar integrations deepen workflow lock-in across billing, scheduling, and documentation.
  • Amanda Sharp's 2026 leadership push centers product, customer success, and AI-driven workflow automation.

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Funding

Total Funding

$700M

Above

Industry Average

Funded Over

1 Rounds

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Holidays
  • Hybrid Work Options
  • Remote Work Options

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
ClinicFlow
Oct 17th, 2026
AI receptionist for medical practices: A practice manager's guide.

AI receptionist for medical practices: A practice manager's guide. By ClinicFlow Team An AI receptionist for a medical practice answers your patient calls and finishes them: it books, reschedules and cancels appointments in your EHR using your scheduling rules, answers routine questions, sends urgent calls to the provider on call with a summary, and tells anyone with an emergency to hang up and call 911. You can run it 24/7 or only on nights and weekends, and you decide which calls it takes and which stay with your staff. For a practice manager, the real questions are scope, cost and rollout. Here's how to work through each one. 1. Decide which calls the AI takes. Start from your phone data, not the vendor's feature list. Sort a typical week of calls into groups: * After-hours calls: these go to voicemail or an answering service today, so they're the easiest place to start. Patients can book at any hour instead of waiting for a callback. * Simple scheduling: new-patient bookings, follow-ups, reschedules, cancellations. * Routine questions: hours, directions, insurance accepted, what to bring. * Calls you'll keep with staff: some practices keep workers' comp, billing disputes or particular providers' patients with a person. ClinicFlow works beside your front desk or call center. You choose which calls go to the AI, and that choice also caps your monthly spend. 2. Make sure it books the way your practice books. Generic scheduling bots fail in medical practices because the rules are specific: visit types and lengths, which provider sees which complaint, new-patient slots, payer restrictions. Ask how the receptionist learns your rules and who updates them when a provider joins or a site changes. ClinicFlow is set up around your practice's scheduling rules, providers, procedures and payers, and adjusted on an ongoing basis as they change. It books directly in your EHR. ClinicFlow, Inc. integrate with Epic, athenahealth, eClinicalWorks, ModMed, AdvancedMD and other EHRs through HL7. For specialty groups, it can also screen new patients against each surgeon's criteria, for example physical therapy or injections done first, so surgical candidates get the surgeon's appointments and others are booked with the linked APP. 3. Check what happens on urgent and emergency calls. This is where a medical practice's phone line differs from any other business. Ask every vendor to walk through a 2 a.m. post-op call. * Emergencies: ClinicFlow never transfers an emergency call. It tells the caller, "This sounds like an emergency. Please hang up and call 911 now," and ends the call. * Urgent calls: they reach the provider on call by text or call, with a summary of the conversation. * Everything else: documented for the morning team. 4. Price it on a normal month. Ask for the total for a normal month at your call volume. ClinicFlow's pricing is published: $100 per provider per month for 24/7 coverage, or $50 per provider per month for nights and weekends only, plus $0.20 per minute on both plans. Per-provider fees count only the providers ClinicFlow, Inc. schedule for, usually physicians, PAs and NPs. See the pricing page for details. 5. Roll it out in stages. Don't switch every call over on one day. Start with a small share of calls, review them with your team, and grow the share as you're satisfied. Nights and weekends first is the lowest-risk path for most practices. Related reading. Want to see it on your own call types? Book a demo and ClinicFlow, Inc.'ll walk through a booking in your EHR and an after-hours urgent call, start to finish. Prefer to start on your own? Make a free ClinicFlow account: an assistant asks how your front desk works, then its team builds and tests an AI receptionist for your practice to try. Faq. What does an AI receptionist do for a medical practice? It answers the practice's patient calls and completes them: it books, reschedules and cancels appointments in the practice's EHR using the practice's scheduling rules, answers routine questions, sends urgent calls to the provider on call with a summary, and tells callers with an emergency to hang up and call 911. It can cover the phones 24/7 or only nights and weekends. Which calls should a medical practice give to an AI receptionist first? Most practices start with after-hours calls, because those go to voicemail or an answering service today, and with simple scheduling calls. The practice chooses which calls the AI takes and can keep others, such as workers' comp, with staff. That choice also caps the monthly spend. How much does an AI receptionist for a medical practice cost? ClinicFlow costs $100 per provider per month for 24/7 coverage, or $50 per provider per month for nights and weekends only, plus $0.20 per minute on both plans. Per-provider fees count only the providers ClinicFlow schedules for, usually physicians, PAs and NPs. Which EHRs does ClinicFlow work with? ClinicFlow integrates with Epic, athenahealth, eClinicalWorks, ModMed, AdvancedMD and other EHRs through HL7. See ClinicFlow handle a real call flow. Book a live demo, pretend you're a patient, and hear it triage and book in real time.

XY.AI
Sep 21st, 2026
XY.AI partners with CollaborateMD to bring AI native revenue cycle operations to thousands of billing teams.

XY.AI partners with CollaborateMD to bring AI native revenue cycle operations to thousands of billing teams. XY.AI Labs Team September 21, 2026 Reading Time3 mins XY.ai Inc. is excited to share another milestone in XY.AI's growth: a new partnership with CollaborateMD, the practice management and medical billing platform from EverHealth. Since 1999, CollaborateMD has served medical practices, ambulatory surgery centers, billing companies, and laboratory diagnostic facilities across the country. They serve thousands of customers and their platform has processed healthcare records, statements, and billing claims for over 20 million individual patients since its founding. Through this partnership, XY.AI is bringing a digital AI workforce directly into the workflows those teams already run every day, helping billing teams accelerate revenue at scale. Building on strong momentum. This announcement follows closely on XY.AI's recent integrations with athenahealth and AdvancedMD, continuing its expansion across the practice management and billing software landscape. Each new partnership extends the same goal: making AI native healthcare operations accessible to more billing teams, in more systems, without asking anyone to change the tools they already rely on. Its platform already runs AI agents in production environments today, handling eligibility verification, claims monitoring, payment posting, and more with the same end to end workflow automation, real time analytics, intelligent escalation paths, and operational visibility that healthcare providers have come to expect from XY.AI. The CollaborateMD partnership extends that same production ready agentic workforce to teams managing claims for medical practices, ambulatory surgery centers, and billing companies alike. XY.AI agents are system agnostic with the use of browser based agents and API, so this partnership requires no new integration project and no disruption to how billing teams already work inside CollaborateMD. The agents plug directly into existing workflows and start working the same day. This partnership reflects the six principles XY.AI builds every deployment around: * Measurable ROI. Every agent's output is tracked against a clear return, visible through XY.AI's own analytics dashboard, not taken on faith. * Speed to Live. Its compiled AI model accelerates deterministic XY Flows, reducing implementation timelines from months to weeks. * Operational reliability. Deterministic agents behave the same way every time, so billing leaders can depend on consistent, auditable execution. * Predictable AI economics. Flat rate pricing means billing teams and billing companies know their cost structure up front, with no usage based surprises as volume grows. * Uncompromising quality. Agents are built and tested against the real complexity of revenue cycle work, not a simplified demo version of it. * AI infrastructure. Operations teams can co-create and custom build multiple agentic workflows eliminating the need for countless AI point solutions. XY.AI's partnership with CollaborateMD is available now to all companies running on their platform.

AdvancedMD
Sep 15th, 2026
AdvancedMD to showcase ai-powered medical billing solutions at 2026 HBMA Revenue Cycle Management Fall Conference.

AdvancedMD to showcase ai-powered medical billing solutions at 2026 HBMA Revenue Cycle Management Fall Conference. AdvancedMD executives will be on hand in booths #3 & #4 to demonstrate how AdvancedMD's AI-powered medical billing solutions can shrink A/R cycles, drive measurable outcomes and help scale practice growth South Jordan, Utah, September 15, 2026 - AdvancedMD, a leading provider of cloud-based healthcare software for independent medical practices, today announced it will be exhibiting at the HBMA 2026 Annual Revenue Cycle Management Fall Conference taking place September 22 - 24 at the M Resort and Spa in Las Vegas, Nevada. Throughout the conference, AdvancedMD will be hosting a "Genius Bar" at its booth, offering clients the opportunity to reserve time with an AdvancedMD expert to get more from the tools they are already using, as well as discover new AdvancedMD solutions that can enhance existing RCM workflows. Today's medical group owners are facing tighter reimbursement and rising labor costs, making revenue cycle management a strategic priority. The HBMA Revenue Cycle Management conference offers medical billing professionals and executives in the RCM space workshops, panels, and educational opportunities to meet their biggest financial challenges head-on. It's the reason AdvancedMD has supported HBMA for nearly two decades. "Independent practices are under tremendous financial pressures, making revenue cycle management more critical to the health of the practice than ever before," said AdvancedMD CEO Amanda Sharp. "AI gives practices a powerful lever to improve efficiency and financial performance without adding more administrative burden. Our solutions are powered by AI, helping practices to automate repetitive tasks, identify gaps, and remove everyday friction across revenue cycle workflows so that medical billing professionals can focus on higher-value work while clinicians focus on patient care. This year, HBMA's attendees will have a chance to see how our AI-powered platform is helping independent practices generate astounding results - for example, in some cases shrinking A/R cycles to as little as 12 days." HBMA 2026 Annual Revenue Cycle Management Fall Conference Details * Where: The M Resort & Spa, Las Vegas, NV * When: September 22-24, 2026 * Who will be there: Revenue cycle management executives, medical billing professionals, medical billing software vendors and service providers * Where to find AdvancedMD: Booths #3 and #4 In addition to being an exhibitor, AdvancedMD is the official water bottle sponsor for the conference. Conference attendees are invited to stop by AdvancedMD's booths during the show to see how its AI-powered medical medical billing solutions improve revenue cycle management workflows. AdvancedMD clients attending the confererence are invited to reserve a time with an AdvancedMD expert at the "Genius Bar" for a one-on-one meeting to learn how they can get more from the RCM tools they are already using and explore new solutions. Meeting times can be reserved at: AdvancedMD Genius Bar. About AdvancedMD AdvancedMD revolutionized medical office software in 1999 with the introduction of the industry's first true cloud solution. Today, the company continues to lead HealthTech innovation with a complete cloud suite of smart applications that work in unison, accelerating collaborative workflow for every role of the practice. With AdvancedMD, medical office staff are empowered to thrive in the online age of healthcare and value-based reimbursement with essential clinical, financial, patient engagement and reputation management applications that are unified and available anytime, anywhere on any device. AdvancedMD strives to be the technology heartbeat of healthcare for providers, patients, and payors for a healthier world. For more information, visit www.AdvancedMD.com.

GlobeNewswire
Sep 8th, 2026
NeuroStar advances practice innovation with first-ever TMS integration with an EHR/EMR system.

NeuroStar advances practice innovation with first-ever TMS integration with an EHR/EMR system. First-of-Its-Kind integration connects TrakStar and AdvancedMD, delivering TMS care across clinical, operational, and billing workflows. MALVERN, Pa., Sept. 08, 2026 (GLOBE NEWSWIRE) - Neuronetics, Inc. (NASDAQ: STIM), a leader in interventional mental health and provider of NeuroStar(R) TMS technology and direct patient care through the Greenbrook network of interventional psychiatry clinics, today announced the integration of its TrakStar(R) practice management platform with AdvancedMD, a leading cloud-based electronic health record (EHR), practice management, and revenue cycle platform serving more than 65,000 practitioners across 13,000 independent practices in the ambulatory and mental health care space. This marks a significant milestone for the industry, making NeuroStar the first TMS system to integrate with an EHR/EMR. The collaboration brings together NeuroStar's leadership in TMS with AdvancedMD's established EHR, practice management, and revenue cycle platform. Delivering TMS requires ongoing clinical and administrative coordination across a multi-session course of care. Documentation, claims management and authorization requirements may be managed across separate systems, creating unnecessary administrative burden and duplicate work. Connecting TrakStar and AdvancedMD can reduce that duplication. Treatment data flows into the same system where the practice manages its schedule, clinical record, and revenue cycle. For NeuroStar providers evaluating a practice management and EHR platform, that connection is now another reason to consider AdvancedMD. Similarly, for AdvancedMD practices considering TMS, the integration is now one more reason to select NeuroStar. In both cases, providers can spend more time focused on delivering care to patients living with depression. "We are committed to not only advancing the science of TMS therapy but also making it easier for providers to run their practices and focus on their patients," said Dan Reuvers, President and CEO of Neuronetics. "This first-of-its-kind integration with AdvancedMD is an example of how we continue to invest in technology based on the evolving needs of NeuroStar providers. We look forward to integrating with additional EHR/EMR platforms in the future, further advancing our comprehensive approach to providing practices with the technology, tools and support they need to successfully deliver TMS therapy to their patients." "Adding TMS is a clinical decision, but sustaining it is an operational one," said Stephanie Cho, Chief Marketing Officer of AdvancedMD. "This integration puts the treatment record and the revenue cycle in the same place, helping psychiatric and behavioral health practices more efficiently manage the workflows associated with a TMS program. For the practices building a TMS service line, that is the difference between offering it and sustaining it." The integration will be accessible to NeuroStar providers already using AdvancedMD starting in Q4, and to NeuroStar providers who adopt AdvancedMD going forward. Both companies will make the integration available across their respective customer bases, giving NeuroStar providers a connected option for practice management and revenue cycle, and AdvancedMD practices a lower-friction path to adding TMS. Among the early adopters participating in the pilot program was Collaborative Solutions in Psychiatry (CSIP) in Madison, WI, a multi-site NeuroStar practice and AdvancedMD customer that provides TMS treatment to a significant number of patients each year. "At Collaborative Solutions in Psychiatry, we are committed to offering our patients the most advanced, evidence-based care available, and NeuroStar has been a cornerstone of that commitment since 2020," said Dr. Sobia Kirmani-Moe, founder of Collaborative Solutions in Psychiatry. "Participating in the pilot program gave us a firsthand look at how seamlessly TrakStar and AdvancedMD can work together. Having the treatment data and the practice's clinical and billing workflow connected has removed duplicate work for our staff, and it has transformed how we operate for the better." Backed by the largest clinical data set of any TMS system, NeuroStar has treated more than 253,000 patients with over 9.1 million sessions nationwide.[1] For more information about NeuroStar TMS Therapy, please visit NeuroStar.com. To learn more about AdvancedMD, visit advancedmd.com. About Neuronetics Neuronetics, Inc. is a leader in interventional mental health, combining innovative treatment technologies with direct patient care. Through its NeuroStar(R) Advanced Therapy system, the company is a leading provider of transcranial magnetic stimulation (TMS) treatment and, through Greenbrook, operates one of the largest interventional psychiatry clinic networks in the United States, offering both TMS and SPRAVATO(R) therapies. NeuroStar Advanced Therapy is a non-drug, noninvasive treatment that can improve the quality of life for people suffering from neurohealth conditions when traditional medication has not helped. NeuroStar Advanced Therapy is the leading TMS treatment for MDD in adults and is backed by what we believe is the largest clinical data set of any TMS treatment system for depression. Greenbrook treatment centers also offer SPRAVATO(R)(esketamine) Nasal Spray, a prescription medicine indicated for the treatment of treatment-resistant depression ("TRD") in adults as monotherapy or in conjunction with an oral antidepressant. It is also indicated for depressive symptoms in adults with MDD with acute suicidal ideation or behavior in conjunction with an oral antidepressant.[2] The NeuroStar Advanced Therapy System is cleared by the U.S. Food and Drug Administration for adults with MDD, as an adjunct for adults with obsessive-compulsive disorder, to decrease anxiety symptoms in adult patients with MDD that may exhibit comorbid anxiety symptoms (anxious depression), and as a first line adjunct for the treatment of MDD in adolescent patients aged 15-21. For safety information and indications for use, visit NeuroStar.com. About AdvancedMD AdvancedMD is how private healthcare practices move care forward. By streamlining workflows - from scheduling and patient intake to charting and revenue cycle management - the unified cloud platform empowers providers and patients to forge a strong care relationship. Everyday friction and administrative burdens can hold organizations back. Tasks such as chasing reimbursements, managing increased patient volume, after-hours charting, and manual workflows often make growth feel impossible. AdvancedMD addresses these challenges by helping providers practice their way, speed up their day, and get support without delay. AI-assisted processes and a robust feature set support this approach and are why more than 13,000 practices and 850 billing companies rely on AdvancedMD. AdvancedMD. Move care forward. For more information, visit www.advancedmd.com. Neuronetics Investors: Mike Vallie or Mark Klausner ICR Healthcare 443-213-0499 [email protected] Neuronetics Media: EvolveMKD 646.517.4220 [email protected] AdvancedMD Media: Marina Greenwood Activa PR [email protected] Forward-Looking Statements Statements in this release regarding the anticipated availability, timing, features, or benefits of the TrakStar/AdvancedMD integration are forward-looking and subject to change without notice. Actual availability, functionality, and timing may differ materially due to development, regulatory, or business considerations. This integration does not modify, replace, or expand either party's existing obligations under HIPAA, applicable state privacy law, or any Business Associate Agreement between the parties or with their respective customers. Nothing in this release constitutes medical advice, a guarantee of reimbursement or billing outcomes, or an endorsement by either Neuronetics, Inc. or AdvancedMD of any specific clinical treatment protocol. NeuroStar(R) and TrakStar(R) are trademarks of Neuronetics, Inc. AdvancedMD(R) is a trademark of AdvancedMD, Inc. All other trademarks are property of their respective owners. References 1. Data on file, 2026. Neuronetics, Inc. 2. The effectiveness of SPRAVATO(R) in preventing suicide or in reducing suicidal ideation or behavior has not been demonstrated. Use of SPRAVATO(R) does not preclude the need for hospitalization if clinically warranted, even if patients experience improvement after an initial dose of SPRAVATO(R). For more important safety information about SPRAVATO(R), please visit spravatohcp.com.

HIT Consultant
Jul 24th, 2026
AdvancedMD expands waystar-powered revenue cycle offerings for independent practices.

AdvancedMD expands waystar-powered revenue cycle offerings for independent practices. What you should know. * Independent practice software leader AdvancedMD has expanded its revenue cycle management (RCM) suite with new Waystar-powered automation and AI capabilities. * The launch directly addresses widespread provider friction - where 85% of medical groups rate payers poorly on reimbursement issues, and nearly 30% report worsening patient balance collections year-over-year. * Key capabilities now live in the AdvancedMD portal include Coverage Detection (finding hidden billable insurance), AI Denial and Appeal Management, Electronic Claim Attachments, Patient Estimation (90% accuracy), and EOB Conversion. * Transitioning paper Explanation of Benefits (EOB) and manual claims attachments to standardized electronic workflows represents an estimated $1 billion in combined annual provider cost savings industry-wide. * Features real-time Remit and Deposit Manager automated reconciliations alongside hundreds of prebuilt RCM KPI reports and configurable dashboards. AI-Driven coverage, denials, and paperless reconciliation. The expanded suite delivers end-to-end automation across critical revenue cycle friction points directly inside the AdvancedMD portal: * Coverage Detection: Uses advanced data automation to scan Waystar's dataset, uncovering additional billable coverage to mitigate uncompensated care and bad debt without manual staff searches. * AI Denial and Appeal Management: Deploys AI prioritization to identify high-impact, high-value denials. Prebuilt templates and root-cause analytics allow teams to file rapid electronic appeals and prevent recurring denial triggers. * Paper-to-Electronic EOB Conversion: Automatically converts paper EOBs into standardized electronic files posted alongside Electronic Remittance Advice (ERA) - a workflow capability estimated to save healthcare providers nearly $900 million nationwide. * Automated Remit and Deposit Matching: Reconciles payer deposits against remittances automatically to eliminate manual posting errors and accelerate cash flow. * 90% Accurate Patient Estimations: Calculates clear patient financial responsibility prior to the appointment, boosting upfront point-of-care collections and price transparency. This announcement aligns seamlessly with parallel industry advancements - echoing Candid Health's $120M Series D for autonomous RCM data models, Waystar's market leadership in KLAS RCM suite rankings, Assured's $19M Series A for autonomous credentialing agents, and Relatient's deployment of agentic voice AI for patient access. As AdvancedMD rolls out these Waystar capabilities across its national user base, it provides the exact digital infrastructure required to transform independent ambulatory billing from a manual cost center into an automated, auditable, and entirely secure financial engine.

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