AdvancedMD Named Sixth Fastest Growing Company in America’s “Most Dynamic Economy”

Companyâ??s 3100% five year Revenue Growth Cited in #6 Ranking

Salt Lake City (October 23, 2007) –

AdvancedMD® Software, Inc. www.advancedmd.com, the leading provider of Web-based practice management solutions for physician offices, today announced it has been named as the 6th fastest growing company in “Utah 100” by the MountainWest Capital Network (MWCN). AdvancedMD’s recognition comes as a result of posting exceptional revenue growth over the past five years.

“The winners of the Utah 100 are changing the face of business regionally, nationally and on the international stage by providing innovative products and services in a very competitive environment”, said Todd Leishman, Chairman of the Utah 100. “These organizations are innovating and executing on a world class level and we are pleased to honor their accomplishments”.

This news follows on the recent report by the Kauffman Foundation in which Utah was named as “the most dynamic economy in the country”.

“To be ranked as the sixth fastest growing company in the most dynamic economy in the country is a great honor,” said AdvancedMD President and CEO Jim Pack. “Our high ranking further validates our business model and is a testament to an outstanding team of dedicated employees and a superior product offering.”

AdvancedMD has been improving physician offices and medical billing services for more than 7000 providers and 22,000 users nationwide by providing fully Web-based medical billing software that increases office efficiency and practice revenues. Processing more than $3 billion in claims annually, AdvancedMD’s award-winning healthcare management solution reports more than 99.99% uptime and offers secure anytime, anywhere access for providers and medical billing services utilizing the application.

For a complete list of the Utah 100 Award winners, please go to:
http://www.mwcn.org/
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