AdvancedMD Announces New CEO

Healthcare IT Veteran Eric Morgan to Assume Practice Management Software Solution Company Leadership

Salt Lake City, Utah (July 09, 2008) –

AdvancedMD® Software, Inc. www.advancedmd.com, the leading provider of Web-based practice management solutions for physician offices , has named Eric Morgan as its new president and chief executive officer. He will join the company effective immediately.

Morgan who has held leadership positions at StatCom and Lawson Software assumed responsibility from John Trzeciak who served as interim-CEO since the acquisition of AdvancedMD by Francisco Partners in January, 2008. Trzeciak will continue to serve on the AdvancedMD board of directors and as Operating Advisor to Francisco Partners.

“This is an exciting time for AdvancedMD” said Ezra Perlman, Partner at Francisco Partners. “We are the leading provider of Software as a Service (SaaS) software solutions to physician offices. We are pleased to have Eric join AdvancedMD. His substantial leadership experience in the Healthcare IT market will serve the organization well as we take the company to the next level.”

Prior to joining AdvancedMD, Morgan was President and CEO of StatCom LLC where he successfully lead the company into the enterprise patient flow space, established key client successes and helped position the company for growth.

Prior to StatCom, Morgan was with Lawson Software for thirteen years and served in several leadership positions including as head of the company’s SaaS business unit. More recently Morgan was Executive Vice President and General Manager of Lawson’s Healthcare business unit. Morgan was a key contributor as Lawson grew more than 15X during his tenure and was one of the first employees of the company’s Healthcare division which grew to become the largest business unit within the company at the time.

Morgan said, “I am thrilled to be leading AdvancedMD. We have a tremendous product, a strong team and a substantial base of happy clients. Software as a Service has been embraced by the market and AdvancedMD is a premier offering to physician offices. With clients in every state and specialty we have proven ourselves in the market and we are playing a significant role in helping physicians as they strive to maximize reimbursement and gain efficiencies while providing high levels of patient care.”
About AdvancedMD Software

AdvancedMD delivers a market-leading Software-as-a-Service (SaaS) medical practice management and billing platform to 13,000 providers and 270 billing service providers nationwide. Because AdvancedMD processes more than 1M claims per month for 85 specialties, the company is able to identify payer rule changes quickly and continuously adjust the software to reflect the changes, enabling successful claims performance. Customers achieve first-pass claim acceptance rates of 95 percent or better, compared to the national average of 70 percent. The company’s all-in-one solution eliminates hardware and software license purchases while customers enjoy the freedom of no long-term contracts and one all-inclusive monthly fee. This subscription includes unlimited phone and email support from a team of healthcare and billing experts, free online training, enterprise-class data center security, automated hourly offsite backups of patient data and 99.9 percent uptime. The user interface is intuitive and easy to learn, enabling employees to become proficient faster. Comprehensive HIPAA compliance exceeds the capabilities of client-server practice management software, especially in the areas of patient data protection and backup. AdvancedMD enables billing service providers with centralized management of multiple clients and virtual staff no matter where they are located across the globe. AdvancedMD clients recognize immediate improvements to their financial performance through timely and accurate claims processing with workflow efficiency. For more information, please visit www.advancedmd.com.

Source: AdvancedMD