SOMERSET, NJ--(Marketwired - Apr 3, 2017) - MTBC (
"Healthcare providers need intelligent data and analytics to deliver the best medical care," said Stephen Snyder, MTBC President. He further stated, "We remain committed to providing healthcare organizations with the tools they need to optimize health outcomes and achieve better financial results, and this most recent addition to our ecosystem of business intelligence and analytics tools is another example of our commitment in action."
"MTBC's cloud-based business intelligence and analytics tools provide healthcare practices with full visibility and trend analyses regarding critical clinical, business and practice management workflows and outcomes," said Adeel Sarwar, MTBC Chief Technology Officer. He continued, "The newest addition to these tools, MTBC's beta release of its ACO analytics module, enables data aggregation and provides practices with the detailed analytics and reports they need to make better decisions, while measuring performance against industry benchmarks."
MTBC's proprietary clinical and practice management solutions are leveraged by thousands of healthcare practices throughout the country. The launch of its analytics module for ACOs and medium to large group practices marks MTBC's continued expansion into larger groups and new practice settings.
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."
For additional information, please visit our website at www.mtbc.com .
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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.
The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
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.
SOURCE MTBC
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
