|Bid||4.52 x 800|
|Ask||4.85 x 800|
|Day's Range||4.70 - 4.79|
|52 Week Range||1.40 - 5.44|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 8, 2017 - Nov 13, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.00|
MTBC (MTBC) (MTBCP), a leading provider of revenue cycle and cloud-based healthcare IT solutions, today announced that Silicon Valley Bank (SIVB), the bank of the world's most innovative companies and their investors, has increased its secured line of credit, which is currently untapped, to $10 million to support future growth. "In the year since we started working with MTBC, it has been great to watch them complete the integration of MediGain, double their adjusted EBITDA, and strengthen their balance sheet," said Tom Gordon, Managing Director of Silicon Valley Bank. "MTBC positioned themselves to be ready for another major acquisition, and they moved quickly when they saw an opportunity with Orion.
SOMERSET, N.J., Sept. 18, 2018-- MTBC, a leading provider of proprietary, cloud-based healthcare IT and practice management solutions has been recognized as one of the“ Top 10 RCM Solution Providers- 2018” ...
MTBC (MTBC) (MTBCP), a leading provider of proprietary, cloud-based healthcare IT and practice management solutions announced a strategic partnership with Salus Telehealth (“Salus”), a leading provider of telehealth solutions globally. The companies have forged a cross-marketing and cross-selling partnership leveraging the two leading companies’ respective strengths, MTBC’s leading cloud-based platform and services and Salus’ hardware and software solutions for the telehealth market. “We are excited to be able to introduce MTBC’s solutions to many of our clients,” said Paula Guy, President of Salus.
Penny stocks approaching key price levels dominate September's technical analysis buy list, telling interested traders to build watch lists and track progress while awaiting fruitful buying signals or reversals that break bullish patterns. First, establish the price level that is likely to attract strong buying interest. Second, look for the price level that is likely to attract strong selling interest.
NEW YORK, Aug. 22, 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 Leap ...
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.
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.
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).
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 ...
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.
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 ...
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 ...
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.
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.
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 ...
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.
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.
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.
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.