AdvancedMD Software Inc., a privately held vendor of remotely hosted physician practice management and electronic records software, saw revenue increase 29 percent to more than $8 million during the first quarter of 2010.
The Salt Lake City-based company had annual revenue in 2009 of $26.8 million, of which 90 percent was recurring revenue. The company did not release income figures but says it was net profitable for all of 2009 and the first quarter. It now has had 26 consecutive quarters of revenue growth.
Register or login for access to this item and much more
All Health Data Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access