SOMERSET, NJ--(Marketwired - Feb 16, 2017) - MTBC (
Pikeville, a member of the Mayo Clinic Care Network, has been dedicated to providing quality care to patients in Kentucky for almost a century. It operates a 300-bed facility that provides more than 400 services, including every major specialty and most subspecialties, and employs more than 3,000 employees and approximately 400 credentialed providers. MediGain Practice Management, an MTBC company, has provided end-to-end revenue cycle management services to Pikeville since October 2016.
Each year, the East Kentucky Heart Ball fundraiser brings together a diverse mix of guests including medical, business, and political leaders. This year, more than 400 individuals attended the fundraiser to demonstrate their support.
In reflecting on the 2017 fundraiser, Juanita Deskins, Pikeville's Chief Operating Officer, explained, "Pikeville Medical Center has been dedicated to providing high quality care to patients in Kentucky for almost a century and we appreciate MTBC's support in helping us achieve our important mission."
Stephen Snyder, MTBC's President, stated, "We are honored to be able to partner with Pikeville." He continued, "The fulfillment of Pikeville's mission ensures that area residents can access top quality healthcare services and we're thrilled to be able to support Pikeville as they continue to serve the community."
About MTBC
MTBC is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers. Our integrated Software-as-a-Service (or SaaS) platform helps our customers increase revenues, streamline workflows and make better business and clinical decisions, while reducing administrative burdens and operating costs. MTBC's common stock trades on the NASDAQ Capital Market under the ticker symbol "MTBC," and its Series A Preferred Stock trades on the NASDAQ Capital Market under the ticker symbol "MTBCP." MTBC Acquisition, Corp., d/b/a "MediGain Practice Management," is a wholly owned subsidiary of MTBC.
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Forward-Looking Statements
This press release contains various forward-looking statements within the meaning of the federal securities laws. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "might," "will," "should," "intends," "expects," "plans," "goals," "projects," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these terms or other comparable terminology.
Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management's expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, increased sales and marketing expenses, and the expected results from the integration of our acquisitions.
These forward-looking statements are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry's) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to: the Company's ability to manage growth; integrate acquisitions; effectively migrate and keep newly acquired customers and other important risks and uncertainties referenced and discussed under the heading titled "Risk Factors" in the Company's filings with the Securities and Exchange Commission.
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Disclaimer: This press release is for information purposes only, and does not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
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Investor and Media Contact: Christine J. Petraglia Managing Director PCG Advisory Group christine@pcgadvisory.com 646-731-9817 Company Contact: Bill Korn Chief Financial Officer Medical Transcription Billing, Corp. bkorn@mtbc.com 732-873-5133
