AdvancedMD
AdvancedMD is a cloud-based software-as-a-service (SaaS) company that provides practice management, medical billing, and electronic health record (EHR) solutions to independent medical practices in the United States. It is based in South Jordan, Utah. AdvancedMD was acquired by Global Payments in 2018 for $700 million, and in late 2024 it was sold to the private equity firm Francisco Partners for approximately $1.1 billion.
AdvancedMD operates on a subscription-based SaaS model. Its primary clientele includes small to mid-sized independent medical practices, mental health professionals, and third-party medical billing companies. The company competes with EHR vendors such as athenahealth, Kareo, and eClinicalWorks.
As of 2025, AdvancedMD serves over 65,000 healthcare providers across more than 14,000 practices and 900 independent medical billing companies in the United States. The company operates under a subscription-based software-as-a-service (SaaS) model and focuses primarily on independent healthcare practices.