 CareCloud

CareCloud, Inc. operates as a healthcare information technology (IT) company. engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. It operates through the following segments: Healthcare IT and Practice Management. The Healthcare IT offers proprietary web-based suite of services such as practice management applications, certified electronic health records solution, revenue cycle management services and mobile health applications. The Practice management segment offers medical practices as well as telemedicine, management, bill-paying and financial advisory services. The company was founded by Mahmud Haq in 1999 and is headquartered in Somerset, NJ.

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CareCloud, Inc. is a healthcare information technology company, which engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. It operates through the Healthcare IT and Practice Management segments. The Healthcare IT segment offers a proprietary web-based suite of services such as practice management applications, certified electronic health records solutions, revenue cycle management services and mobile health applications. The Practice Management segment provides medical practices as well as telemedicine, management, bill-paying and financial advisory services. The company was founded by Mahmud Haq in 1999 and is headquartered in Somerset, NJ.

Medical Transcription Billing Corp 11 % Cum Red Perp Pfd Shs Series A

SOMERSET, N.J., Oct. 14, 2020 (GLOBE NEWSWIRE) -- MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, including telehealth, is pleased to announce that The American Osteopathic Information Association (AOIA) has selected MTBC's talkEHR as a preferred electronic health records (EHR) software and practice management (PM) provider. talkEHR, a top EHR and practice management choice for osteopathic groups, was developed by experienced MDs and doctors of osteopathic medicine (DOs) to deliver a comprehensive and user-friendly solution.

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SOMERSET, N.J., Sept. 30, 2020 (GLOBE NEWSWIRE) -- MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced that its CareCloud operating division was selected by Carolina Pediatric Therapy to provide Electronic Health Records (EHR) and Practice Management (PM) solutions in support of clinical growth and enhanced patient experience.

MTBC’s CareCloud selected by Carolina Pediatric Therapy to Support Clinical Growth and Care Expansion

SOMERSET, N.J., Sept.  24, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services welcomes  Cohort Intelligence Inc.  (Cohort) as a new supplier to MTBC Health’s Group Purchasing Organization (“GPO”). Through this partnership, Cohort’s Home-based Care Intervention (HBCI) and Chronic Care Management Programs (CCM), act as an extension of the physician-patient relationship in order to improve patient outcomes, close care gaps, relieve physician burden and reduce total medical expenditures.

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Company to showcase contactless patient intake & telehealth solutions to medical group leaders nationwide.

MTBC’s CareCloud to Exhibit at MGMA's 2020 Medical Practice Excellence Conference

SOMERSET, N.J., Sept.  04, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced that Bill Korn, CFO of MTBC, will present at two additional investor conference events during the month of September.

MTBC to Present at Colliers, HC Wainwright Conferences

SOMERSET, N.J., Sept.  03, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, including telehealth, announced today it is offering Health Records on iPhone through its  talkEHR  platform. Health Records brings together hospitals, clinics, and the existing Apple Health app to make it easy for patients to see their available medical data, from multiple providers, whenever they choose. The Health Records feature is part of the Health app, which also shows activity, heart rate, nutrition, and other health data consolidated from iPhone, Apple Watch and HealthKit-enabled third-party apps. Health Records is available for iPhone users running iOS 11.3 or higher.

Health Records on iPhone Now Available for MTBC’s talkEHR Patients

SOMERSET, N.J., Aug.  25, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (the “Company” or “MTBC”) (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services, today announced that it will present at the LD 500 investor conference on Tuesday, September 1 at 1:40 PM Eastern Time. Bill Korn, CFO of MTBC will be presenting to a live virtual audience and available for virtual investor meetings throughout the day.

MTBC to Present at The LD 500 Virtual Conference

SOMERSET, N.J., Aug.  24, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced the launch of its next-generation  PrecisionBI  healthcare analytics and business intelligence platform. This highly anticipated release delivers an all-new platform experience to help large medical groups, health systems, and academic institutions easily monitor business metrics, build customized dashboards to visually track Key Performance Indicators, and gain a 360° view of performance across their organizations.

MTBC’s PrecisionBI Releases Next-Generation Healthcare Analytics and Business Intelligence Platform

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Reaffirms Full-Year Revenue and Adjusted EBITDA Guidance with Implied Year-over-year Increases of Over 63% and 48%, Respectively

MTBC Reports Second Quarter 2020 Results, Reaffirms Guidance

SOMERSET, N.J., Aug.  04, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced a new, value-added reseller relationship with  Lake Health Alliance . Lake Health Alliance is a medical software sales and services organization that identifies strategic opportunities for its partners, delivering revenue cycle management (RCM), practice management, and medical billing solutions to healthcare organizations nationwide. This relationship seeks to expand the reach of MTBC’s RCM services as well as its talkEHR and CareCloud software platforms.

MTBC Announces New Partnership with Lake Health Alliance to Expand Delivery of Software and Services

SOMERSET, N.J., July  29, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (the “Company” or “MTBC”) (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions, will release its financial results for the second quarter ended June 30, 2020 before the market opens on Thursday, August 13, 2020. The Company will follow with a conference call for investors at 8:30 a.m. Eastern Time.

MTBC to Announce Second Quarter 2020 Results on August 13, 2020

SOMERSET, N.J., July  27, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today provided preliminary comments regarding its year-to-date milestones, including doubling its scale and netting more than $25 million in its most recent offering to invest in acquisitions and organic growth. The company also discussed its full-year outlook, including expanded growth opportunities and its recently increased revenue guidance, representing approximately 65% year-over-year growth.

MTBC Provides 1H 2020 Update and Discusses Full-Year Outlook

SOMERSET, N.J., July  21, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP) (“MTBC” or the “Company”), a leading provider of cloud-based healthcare IT solutions and services, today announced the successful closing of its largest public offering to date of its non-convertible 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock"), comprised of a total of 1,104,000 shares at a price of $25 per share, for gross proceeds of $27.6 million.

MTBC Completes Its Largest Offering to Date, $27.6 Million of Non-Convertible Preferred Stock

SOMERSET, N.J., July  17, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP) (“MTBC” or the “Company”), a leading provider of cloud-based healthcare IT solutions and services, today announced that it has upsized and priced its previously announced underwritten public offering of non-convertible 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock"), which trades on the Nasdaq Global Market with ticker “MTBCP”. The Company has agreed to sell 960,000 shares of Series A Preferred Stock, at a public offering price of $25.00 per share, for gross proceeds to the Company of $24.0 million.The Company also granted the underwriters a 30-day option to purchase up to an additional 144,000 shares at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about July 21, 2020, subject to the satisfaction of customary closing conditions.

MTBC Announces Upsizing and Pricing of $24.0 Million Public Offering of Preferred Stock

SOMERSET, N.J., July  16, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced the commencement of an underwritten public offering of approximately 800,000 shares of its non-convertible 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") at a proposed price of $25.00 per share. In connection with the offering, MTBC expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the Series A Preferred Stock offered in the public offering.

MTBC Announces Commencement of Public Offering of Preferred Stock

SOMERSET, N.J., July  15, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, including telehealth, today announced that its CareCloud operating division is now including  CareCloud Live  as part of its standard software suite at no additional cost. CareCloud Live, which was recently named a  Category Leader in Telemedicine Software by GetApp , is a HIPAA-compliant telehealth solution that connects providers and patients through real-time video calls. CareCloud Live enables convenient appointment management and a seamless clinical workflow with a single-click experience and no app required for patients.

MTBC’s CareCloud Announces Category Leading Telehealth Solution Now Included in Standard Software Subscription

SOMERSET, N.J., July  09, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, including telehealth, announced today that its  talkEHR  platform has been selected by Bienestar Health Group (“Bienestar”), a Puerto Rico-based clinically integrated healthcare management and consulting company, to provide ambulatory care providers in Puerto Rico with its AI-powered, cloud-based EHR/Telehealth platform as a white-labeled solution.

Bienestar Health Group Chooses MTBC to Deliver Integrated EHR and Telehealth Solutions to Providers Across Puerto Rico

SOMERSET, N.J., July  07, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced that it is increasing its 2020 revenue guidance to $105 - $107 million, which represents year-over-year revenue growth of approximately 65%, while reaffirming its 2020 adjusted EBITDA guidance of $12 - $ 13 million.

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SOMERSET, N.J., June  19, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced that  CareCloud , its wholly-owned subsidiary, has been selected by Envision Pain Management to provide comprehensive revenue cycle management (RCM) support and contactless patient experience. This partnership will help Envision Pain Management, as they proceed to open four new clinic locations, cut costly and timely documentation time, improve provider productivity, and, most importantly, improve patient satisfaction through reduced wait times.

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