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AdvantEdge Healthcare Solutions Revenue Jumps 40% to $40M in 2011

AdvantEdge Healthcare Solutions' revenue increased 40 percent in 2011 to approximately $40 million, according to a Market Watch report.

AdvantEdge Healthcare Solutions provides medical billing and practice management services for physicians, ambulatory surgery centers and other healthcare providers. AHS collects financial information and speeds reimbursement of third-party claims and patient payments, helping physicians and centers to maximize revenue and decrease billing costs.

The company has completed five acquisitions since mid-2009. The U.S. market opportunity exceeds $4 billion annually, with fewer than 20 percent of physician practices outsourcing billing and practice management, according to the report.

Related Articles on AdvantEdge Healthcare Solutions:
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ASC Companies Announcing Executive Moves in 2011

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