Physicians Resource Network Achieves AdvancedMD AdvancedBiller Status in Four Months

SALT LAKE CITY, UT–(Marketwire – July 13, 2010) –  AdvancedMD® Software, Inc., the leader in all-in-one, web-based practice management, Electronic Health Record (EHR), and billing applications for medical practices and medical billing services, today announced that Physicians Resource Network, Inc. (PRN) became an AdvancedMD billing partner in March, and achieved AdvancedBiller™ status in July, by adding 17 providers to the AdvancedMD platform within a four month period, with six of those providers on the AdvancedMD EHR clinical package.

PRN, using the automated, integrated AdvancedMD Software-as-a-Service (SaaS) platform, is able to eliminate manual processes between the client practice and the PRN billing center, enabling the company to reduce staff required to service a client practice by approximately 30 to 60 percent. “With AdvancedMD as our foundation,” said Frances Holinda, president of Physicians Resource Network, “we are able to offer our clients a complete solution to deliver everything they need to stay current under healthcare reform. It’s all there, whether it’s online charges, integrated EHR or automated reporting, we can accommodate virtually any need. AdvancedMD is our power tool, enabling me to consult with our clients and maximize their revenue.”

PRN, founded in 1993, is based in Ocean, N.J. The company supports 25 providers who practice primarily in nephrology, cardiology and various surgery practices. The firm offers a range of practice services, including demographics data entry, charge entry, charge submission, payment posting, secondary insurance claims submission, appeals follow up, patient statements and patient follow up. “We pretty much handle everything up to the point of sending out collection letters,” said Holinda, who has an MBA in Health Care Management and is a member of HBMA. “I had enough experience in billing to know what I needed and to know that what I saw in AdvancedMD was exactly what I needed.”

Previously Holinda ran her business on a Unix-based, client/server platform, located on her premises. Many of the processes she has been able to automate using AdvancedMD were manual processes under the older system. In order for her clients to link to the Unix system, they had to install complicated VPNs. Additionally, someone on her staff was responsible for managing regular data backups. “Comparing what my office could provide in terms of redundancy, automated backups and bandwidth into the data center, to what AdvancedMD can provide, my business simply could not make the kind of IT investments that AdvancedMD has made in its enterprise class data center,” she added.

Since her business is physician billing, the main concern Holinda had when selecting a new billing platform were the revenue cycle management tools. “The EHR capabilities were a bonus,” said Holinda. “The fact that the EHR is so good means I can offer that clinical product to my physicians with confidence. Plus, if they prefer a different EHR, AdvancedMD gives me the option of interfacing to external products. I have all the tools I need to do their billing. The physicians have choices!”

Bill Stone, vice president and general manager of the AdvancedMD Billing Services Program, said: “Physicians Resource Network is an excellent example of the kind of experienced, proven billing service company that the AdvancedBiller program is attracting. Not only does our technology enable these seasoned business managers to become more efficient in servicing their client base, the platform offers a range of clinical and front office tools that make the practice more efficient. As a vendor that does not compete with our billing services partners, AdvancedMD is wholly focused on helping our AdvancedBiller partners grow and become more profitable.”

Resources:

• For additional background on Physicians Resource Network, read the case study.

• For more information about the AdvancedBiller program, visit www.advancedbiller.com.

About Physicians Resource Network, Inc.

PRN, founded in 1993, is based in Ocean, N.J. The company supports 25 providers who practice primarily in nephrology, cardiology and various surgery practices. The firm offers a range of practice services, including demographics data entry, charge entry, charge submission, payment posting, secondary insurance claims submission, appeals follow up, patient statements and patient follow up. For more information, visit: http://www.saasmedicalbilling.com/

About AdvancedMD Software
AdvancedMD provides a market leading Software-as-a-Service (SaaS) electronic health record (EHR) and practice management (PM) software platform delivered to more than 10,000 providers and 300 medical billing service providers nationwide. As a complete Medical Practice Optimization solution, the product combines the clinical with the financial to improve workflow and revenue capture. The AdvancedMD solution includes a certified EHR, patient portal, scheduling, electronic eligibility verification, electronic prescribing, and mobile access capabilities for the practice, and sophisticated, efficient claims processing, denial tracking and revenue management for the billing professional. Processing more than 1M claims per month through its clearinghouse, the company is able to identify payer rule changes quickly and continuously adjust the software to reflect those changes, yielding first-pass claim acceptance rates of 95 percent or better, compared to the national average of 70 percent. For more information, please visit www.advancedmd.com.