MTBC Named in 2017 Ranking of the Top 15 Medical Billing Companies in the United States
July 20 2017 - 9:15AM
Marketwired
MTBC Named in 2017 Ranking of the Top 15 Medical Billing
Companies in the United States
SOMERSET, NJ MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP), a leading
provider of proprietary, cloud-based healthcare IT solutions and
services, today announced that it has been ranked as one of the top
15 medical billing companies in the United States, according to
Becker's Hospital Review.
"We're grateful to the thousands of healthcare providers
throughout the United States who partner with us and are pleased to
be recognized as a leader in our industry," said Stephen Snyder,
MTBC President. He continued, "We look forward to continuing to
expand our client base throughout the country as we make customer
service and our industry-leading technology the centerpiece of our
offering."
The ranking reported in Becker's Hospital Review on July 19,
2017, which was headlined "Top 15 Medical Billing Companies in
2017," explained that the Medical Billing Service Review ranking
was, "based on HIPAA compliance, claims scrubbing and processing,
ICD-10 support and reporting." Industry estimates indicate that
there are more than 1,500 medical billing companies in the United
States and the ranking analysis focused on a subset of the top 100
companies.
Healthcare practices and hospitals throughout the country
leverage MTBC's proprietary healthcare IT platform and services to
optimize revenues, reduce expenses and streamline workflows. MTBC,
which experienced 55% revenue growth during the six months ended
June 30, 2017 as compared to the same period in 2016, supports
thousands of healthcare providers across the country practicing in
a variety of more than 60 unique specialties and
subspecialties.
About MTBC
Medical Transcription Billing, Corp. (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 practicing in ambulatory
care settings. 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 Statements
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within the meaning of the federal securities laws. These statements
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comparable terminology.
Our operations involve risks and uncertainties, many of which
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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.
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materially different from any future results, levels of activity or
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and it is not possible for us to predict all of the risks and
uncertainties that could have an impact on the forward-looking
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relating to: the Company's ability to manage growth; integrate
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and other important risks and uncertainties referenced and
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SOURCE MTBC
Company and Investor Contact:
Bill Korn
Chief Financial Officer
Medical Transcription Billing, Corp.
bkorn@mtbc.com
(732) 873-5133
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