MTBC - Medical Transcription Billing, Corp.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
4.77
+0.38 (+8.66%)
At close: 4:00PM EDT
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Previous Close4.39
Open4.43
Bid4.78 x 1000
Ask4.94 x 900
Day's Range4.43 - 4.77
52 Week Range1.32 - 5.44
Volume262,450
Avg. Volume223,814
Market Cap56.507M
Beta2.06
PE Ratio (TTM)N/A
EPS (TTM)-0.47
Earnings DateNov 8, 2017 - Nov 13, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est6.00
Trade prices are not sourced from all markets
  • GlobeNewswire2 days ago

    MTBC First Half 2018 Shareholder Update

    MTBC (MTBC) (MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services, issued a letter to shareholders today with an update on first half 2018 results. "We recently reported a strong first half of 2018, with record profitability, a virtually debt-free balance sheet, and the closing of our largest acquisition to date on July 1.

  • Zacks Small Cap Research3 days ago

    MTBC: Updated Orion Guidance Prompts Significant Upward Model Revisions, Moves PT to $10/share

    This upwardly revised guidance is well ahead of the $42.3M in revenue and $3.6M in adjusted EBITDA that we had been modeling for 2018 following the announced-close of the Orion acquisition in early July. Updates to our model have resulted in calculated fair value of MTBC common stock moving from $7.10/share (previously) to $10.0/share (currently). In fact, excluding Q4 ’16 which benefitted from one-time sales following close of the MediGain acquisition, Q1 and Q2 2018 set new quarterly revenue records.

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of MTBC earnings conference call or presentation 8-Aug-18 12:30pm GMT

    Q2 2018 Medical Transcription Billing Corp Earnings Call

  • GlobeNewswire6 days ago

    MTBC Declares Dividends on Non-Convertible Series A Cumulative Redeemable Perpetual Preferred Stock

    MTBC (MTBC) (MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services, today announced that its Board of Directors has declared monthly cash dividends for its 11% Series A Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”) for September, October and November 2018. This represents 36 consecutive months of dividends declared since the Series A Preferred Stock was initially sold in November 2015. Holders of shares of the Series A Preferred Stock are entitled to receive cumulative cash dividends at the rate of 11% per annum of the $25.00 per share liquidation preference (equivalent to $2.75 per annum per share).

  • ACCESSWIRE6 days ago

    SeeThruEquity Issues Update on Medical Transcription Billing, Corp. (Nasdaq CM: MTBC) and Raises Target Price to $7.00

    NEW YORK, NY / ACCESSWIRE / August 13, 2018 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has issued ...

  • GlobeNewswire10 days ago

    MTBC Announces Renewal of Top Hospital Client Contract

    MTBC (MTBC) (MTBCP), a leading provider of cloud-based healthcare IT and revenue cycle management solutions, today announced that Pikeville Medical Center, Inc. (“Pikeville”), a top MTBC hospital client, has recently renewed its contract with MTBC’s subsidiary (MTBC and its subsidiaries referred to herein as “MTBC”) for at least an additional 12 months. Pikeville, a member of the Mayo Clinic Care Network, has been dedicated to providing the highest quality of care to Kentuckians for almost a century. MTBC’s relationship with Pikeville began in late 2016.

  • ACCESSWIRE11 days ago

    Medical Transcription Billing Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Medical Transcription Billing Corp. (NASDAQ: MTBC ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at 8:30:00 ...

  • GlobeNewswire11 days ago

    MTBC Reports Second Quarter 2018 Results and Provides Guidance

    Company Reports Strong Revenue Growth and Record Profitability. Second Quarter 2018 Financial Results:. SOMERSET, N.J, Aug. 08, 2018-- MTBC, a leading provider of proprietary, cloud-based healthcare IT ...

  • GlobeNewswire25 days ago

    MTBC Brings Artificial Intelligence to Medical Practices

    MTBC (MTBC) (MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services, today announced launch and validation of the first phase of features supported by Allison, a voice-activated virtual assistant that leverages artificial intelligence (AI) within its talkEHR™ to provide “smart” navigation and contextual responses to physicians’ queries to reduce administrative burdens and improve the patient experience. “Our vision with Allison – our AI-empowered virtual assistant – is to enable healthcare providers to practice more efficiently and deliver a higher level of patient care,” said A. Hadi Chaudhry, President.

  • GlobeNewswirelast month

    Universal EHR Solutions to Join MTBC’s Blockchain

    MTBC (MTBC) (MTBCP), a leading provider of proprietary, cloud-based healthcare IT and practice management solutions, today announced that New York based Universal EHR Solutions, also known as MD Charts, will be connecting to MTBC’s blockchain, marking an early milestone in MTBC’s effort to build a national healthcare blockchain network.  Universal EHR Solutions will also be partnering with MTBC’s development team as Universal EHR Solutions progresses toward Meaningful Use stage 3 certification.

  • GlobeNewswirelast month

    MTBC to Announce Q2 2018 Results and Provide Guidance on August 8, 2018

    SOMERSET, N.J., July 09, 2018-- MTBC, a leading provider of proprietary, cloud-based healthcare IT solutions and services, will release its financial results for the six months ended June 30, 2018 before ...

  • Zacks Small Cap Researchlast month

    MTBC: Orion Acquisition: First-Pass Updates to Our Model Values MTBC at $7.10/Share

    Earlier this week Medical Transcription Billing (MTBC) announced that they closed their (previously anticipated) acquisition of Orion Healthcorp, Inc. As a reminder, news of the intended acquisition was first reported in early May when MTBC announced that, if successfully acquired, they believed Orion Healthcorp. Management also compared Orion to MediGain - the assets of which MTBC purchased in September 2016 and which has proven to be an overwhelmingly successful acquisition.

  • GlobeNewswire2 months ago

    MTBC Successfully Closes Orion, Largest Acquisition to Date

    MTBC (MTBC) (MTBCP), a leading provider of revenue cycle and cloud-based healthcare IT solutions, today announced that it has completed its acquisition of the assets of Orion Healthcorp, Inc. and 13 of its affiliate companies (together "Orion"), through MTBC's wholly owned subsidiaries MTBC Health, Inc. and MTBC Practice Management, Corp. (together "MTBC"). This transaction is the latest in a line of successful acquisitions and marks MTBC's largest to date. "The Orion acquisition is an important milestone and will further expand our client base, team, and offerings," said Stephen Snyder, CEO.

  • GlobeNewswire2 months ago

    MTBC’s Orion Closing Scheduled for July 1

    MTBC (MTBC) (MTBCP), a leading provider of cloud-based healthcare IT and revenue cycle management solutions, today announced that its acquisition of the revenue cycle, practice management, and group purchasing organization assets of Orion Healthcorp, Inc. and 13 of its affiliate companies (together "Orion") is scheduled to close with an effective date of July 1, 2018, subject to customary closing conditions. The sale process is being administered by the United States Bankruptcy Court for the Eastern District of New York and governed by the United States Bankruptcy Code. 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.

  • GlobeNewswire2 months ago

    MTBC Takes Electronic Health Records to the Next Level with Blockchain Technology

    MTBC (MTBC) (MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services, today announced the release of new blockchain technology integrated with the company’s Electronic Health Records (EHR) platform to securely store patient medical history, eliminate interoperability issues that have plagued the digitization of healthcare for years, and give patients’ absolute control over who has access to their valuable health data. This makes MTBC one of the first within the healthcare industry to incorporate blockchain technology. “Right now, every time a physician sees a new patient, a new medical record is created within the EHR used by that provider’s healthcare practice.

  • GlobeNewswire2 months ago

    MTBC joins Russell Microcap Index

    SOMERSET, N.J., June 25, 2018-- MTBC, a leading provider of proprietary, cloud-based healthcare IT and revenue cycle management solutions, announced today that FTSE Russell, which manages the widely-followed ...

  • GlobeNewswire2 months ago

    MTBC Announces Results from Annual Shareholders Meeting

    MTBC (the "Company") (MTBC) (MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services, today announced that its shareholders held their 2018 annual meeting on June 15, 2018 and voted on three proposals. At the annual meeting, MTBC’s shareholders provided their overwhelming support for the three proposals.  In particular, shareholders voted to re-elect John N. Daly, a former EVP and director of E.F. Hutton & Company to serve another term on its board of directors, to amend the Company's Certificate of Incorporation to increase the authorized number of shares of preferred stock, and to amend the Company’s Equity and Incentive Plan to increase the number of shares of preferred stock.

  • GlobeNewswire2 months ago

    Russell Microcap Index projected to add MTBC

    SOMERSET, N.J., June 13, 2018-- MTBC, a leading provider of proprietary, cloud-based healthcare IT and revenue cycle management solutions, announced today that FTSE Russell, which manages the widely-followed ...

  • GlobeNewswire2 months ago

    Report: Developing Opportunities within RealNetworks, Acacia Communications, Medical Transcription Billing, Evolent Health, Tetra Technologies, and Walmart — Future Expectations, Projections Moving into 2018

    NEW YORK, June 11, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of RealNetworks, ...

  • GlobeNewswire2 months ago

    MTBC Selected as Acquisition ‘Stalking Horse’, Sale Hearing Scheduled for June

    MTBC (MTBC) (MTBCP), a leading provider of cloud-based revenue cycle management and healthcare IT solutions, today announced that it has been officially selected as the primary bidder (also known as “stalking horse” under Section 363 of the U.S. Bankruptcy Code) by the United States Bankruptcy Court for the Eastern District of New York (the “Court”), to acquire substantially all of the revenue cycle, practice management, and group purchasing organization assets of Orion Healthcorp, Inc. and 13 of its affiliated companies (together "Orion"). In addition to selecting MTBC as the primary bidder for Orion’s assets, the Court’s order dated June 5, 2018 established certain bid protections for MTBC, bidding procedures, notice requirements, and a timeline.  The Court’s order also scheduled a final sale hearing for June 28, 2018 with regard to the Orion assets.

  • Zacks Small Cap Research3 months ago

    MTBC: Off To Strong Start in 2018. Orion Deal Could Add Significant Value

    Medical Billing Transcription Corp (MTBC) reported financial results for their first quarter 2018. Despite Q1 typically seasonally softer in the RCM industry due to January-1 deductible-resets, MTBC’s revenues remained relatively elevated. The prior-year period included $4.5M (~55% of total) in revenue from customers that came with the “2016 acquisitions” (most notably, MediGain, which closed Oct 2016).

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of MTBC earnings conference call or presentation 15-May-18 12:30pm GMT

    Q1 2018 Medical Transcription Billing Corp Earnings Call

  • ACCESSWIRE3 months ago

    SeeThruEquity Issues Update on Medical Transcription Billing Corp. (MTBC) with Target Price of $5.44

    NEW YORK, NY / ACCESSWIRE / May 21, 2018 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has issued ...

  • ACCESSWIRE3 months ago

    Medical Transcription Billing Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 15, 2018 / Medical Transcription Billing Corp. (NASDAQ: MTBC ) will be discussing their earnings results in their Q1 Earnings Call to be held on May 15, 2018 at 8:30 AM ...