MTBC Announces Launch of Accountable Care Organization Analytics Module
April 03 2017 - 10:11AM
Marketwired
SOMERSET, NJ-(Marketwired - Apr 3, 2017) - MTBC (NASDAQ: MTBC)
(NASDAQ: MTBCP), a leading provider of proprietary, cloud-based
electronic health records, practice management and mHealth
solutions, announced the launch of its accountable care
organization (ACO) analytics module, the most recent addition to
its industry leading business intelligence and analytics
platform.
"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.
Follow MTBC on Twitter, LinkedIn and Facebook.
Forward-Looking StatementsThis 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
Contact InformationInvestor 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
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