Mountain West Capital Network Honors AdvancedMD Software

AdvancedMD® Software, Inc. www.advancedmd.com, the leading provider of Web-based practice management solutions for physician offices and billing services was recognized by the MountainWest Capital Network as an Emerging Elite company in Utah.

Salt Lake City, Utah (October 26, 2006) –

“We are pleased to acknowledge AdvancedMD for the second year in a row as one of just 15 companies to receive this prestigious designation,” said MountainWest Capital Network president Thomas Taylor. “The Emerging Elite recognizes organizations that exemplify entrepreneurial success and growth, and acknowledges their contribution to a vibrant Utah economy.”

The MountainWest Capital Network’s premiere annual event, the Utah 100 Fastest-Growing Companies Awards luncheon, attracts more than 1,200 attendees comprising Utah’s most successful entrepreneurs and business leaders. The Utah 100 recognizes the state’s 100 Fastest-Growing companies, 15 Largest Revenue Growth companies, and the “Emerging Elite.”

“We’re honored to be recognized as one of Utah’s “Emerging Elite” said President and CEO Jim Pack. “AdvancedMD is a great place to work; our rapid success is because of the individual contributions of each employee and their commitment to creating and delivering excellent products and services.”

The Utah 100 recognizes companies for their significant contribution to the state and its expanding economy and enables Utah’s business community to network, share ideas, and promote business in throughout the state.
About Mountain West Capital Network

The Mountain West Capital Network is Utah’s first and largest business networking organization devoted to supporting entrepreneurial success by: fostering the dynamic flow of information about capital formation and distribution, educating and mentoring excellence, and recognizing and rewarding performance. For more information, please visit 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