AdvantEdge Healthcare Solutions, Inc.
Headquartered in Warren, NJ, AdvantEdge Healthcare Solutions (AHS) is one of the nation’s top 10 providers of medical billing and practice management services for physicians, ambulatory surgery centers, and other healthcare providers. The company’s proven, proprietary software delivers outsourced billing solutions to hospital-based physician groups, large office-based medical practices and surgery centers. AHS efficiently collects financial information and speeds reimbursement of third-party claims and patient payments, enabling physicians to maximize revenue and decrease their billing and practice management costs. www.ahsrcm.com
Why AdvantEdge Healthcare Solutions? — AHS continues to gain meaningful scale through organic growth and strategic acquisitions. The company has completed five acquisitions since mid-2009. Including AHS’ acquisition activity, revenue increased by 40% in 2011 to approximately $40 million.
Market Opportunity — The U.S. market opportunity exceeds $4 billion annually with fewer than 20% of physician practices outsourcing billing and practice management.
Awards — Inc. 5000 (2009, 2010, 2011).
Safeguard Board Members — Peter J. Boni and Brian J. Sisko
Financial Summary — Safeguard has deployed $15.3 million of capital in AHS and has a 40% primary ownership position.
Initial Capital Deployment — November 2006
Sector — Technology, Healthcare IT
