Using AdvancedMD, billing service reduces uncollectible medical claims

July 28, 2010

Salt Lake City, Utah and San Diego, Calif.— July 28, 2010 — AdvancedMD Software, which provides all-in-one, Web-based practice management, electronic health record (EHR) and billing applications for medical practices and medical billing services, today announced that PhySource Solutions, an AdvancedMD AdvancedBiller partner, has achieved two significant milestones in client service and company growth. On average, over the past 12 months the company’s new clients have reduced outstanding accounts receivable balances considered uncollectible from 30 percent to 2 percent. This caliber of results has fueled more than 100 percent growth in the company’s client list over the past year.