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FOX Rehabilitation Goes Live with MTBC’s PrecisionBI

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MTBC (Nasdaq: MTBC, MTBCP) announced that FOX Rehabilitation has successfully integrated its PrecisionBI platform, enhancing their clinical and operational performance.PrecisionBI provides real-time insights into clinical workflows, financial data, and operational metrics, enabling FOX to make informed business decisions. MTBC has supported FOX's growth since 2017, supplying services such as medical billing and referral management. This integration signifies a strategic advancement for MTBC, allowing cross-selling opportunities within a robust client base.

Positive
  • FOX Rehabilitation integrated PrecisionBI, enhancing operational performance.
  • PrecisionBI offers real-time insights, aiding decision-making.
  • MTBC has supported FOX since 2017, contributing to its growth.
  • Integration enables cross-selling opportunities for MTBC.
Negative
  • None.

MTBC’s business intelligence platform gives one of the nation’s largest physical, occupational & speech therapy practices new insights into clinical, financial, and operational performance

SOMERSET, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced that FOX Rehabilitation (FOX) is live with PrecisionBI (PBI), MTBC’s leading healthcare analytics and business intelligence platform for large medical groups, health systems, and academic institutions.

“PrecisionBI has been a game-changer for our practice. We are pleased with MTBC’s ongoing ability to provide a complete set of tools and services that cover the full spectrum of practice operations,” said Carey Sambogna, MSPT, DPT, VP of Client Services, FOX Rehabilitation. “Our customized dashboards in Precision BI give us the ability to view, manage and share reports across the entirety of our operations, helping us prioritize our business decisions and prepare our next move. Having key performance metrics at our fingertips helps ensure that we can continue to grow while providing the same quality of care to older adults as we help them be stronger, so they can live longer.”

FOX is utilizing PBI to quickly and easily view its enterprise data across clinical, financial, and operational workflows and to gain deeper insights into the practice’s claims, denials, and clinician performances.

“FOX Rehabilitation is a high-growth private practice operating in 21 states,” said Hadi Chaudhry, President, MTBC. “As a multi-state provider that treats a vast number of patients, having a clear depiction of where the enterprise currently stands is critical to ensuring success during these fast-moving times.”

Since 2017, MTBC has been supporting FOX in its mission to rehabilitate the lives of older adults and has been providing support and services such as medical billing, custom referral management, and more. MTBC is proud to provide FOX with the added value of integrated business intelligence tools that will help them leverage their data to ensure continued evidence-based, clinically-excellent care as they continue along their successful growth trajectory.

PBI is a leading SaaS-based healthcare analytics and business intelligence platform, supporting tens of thousands of providers at large health systems, academic institutions and enterprise medical practices nationwide, giving healthcare leaders better visibility and actionable insights across the entirety of their organizations. It is integrated with several industry-leading electronic health record platforms. As part of MTBC’s broader product strategy, this new integration extends the company’s clinical and financial enterprise solutions while accelerating cross-selling initiatives across its diverse client base.

About FOX Rehabilitation

FOX rehabilitation is a high-growth entrepreneurial private practice of physical, occupational, and speech therapists that provides proactive, clinically excellent, and evidence-based treatment and interventions to the older adult population. FOX was built on the strong clinical foundation of Geriatric House Calls™; and throughout its growth, the practice has stayed true to its mission of rehabilitating lives by believing in the strength of people. For more, visit FOXrehab.org

About MTBC

MTBC, which recently announced its planned name change to CareCloud, Inc., is a healthcare information technology company that provides a full suite of proprietary cloud-based solutions, together with related business services, to healthcare providers and hospitals throughout the United States. Our Software-as-a-Service (or SaaS) platform includes revenue cycle management (RCM), practice management (PM), electronic health record (EHR), business intelligence, telehealth and patient experience management (PXM) solutions for high-performance medical groups. MTBC helps clients increase financial and operational performance, streamline clinical workflows and make better business and clinical decisions, allowing them to improve patient care while reducing administrative burdens and operating costs. MTBC’s common stock trades on the Nasdaq Global Market under the ticker symbol “MTBC,” and its Series A Preferred Stock trades on the Nasdaq Global Market under the ticker symbol “MTBCP.”

For additional information, please visit our website at www.mtbc.com. To view MTBC's latest investor presentation, read press releases, and listen to interviews with management, please visit ir.mtbc.com.

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SOURCE MTBC

Company Contact:
Bill Korn
Chief Financial Officer
MTBC, Inc.
bkorn@mtbc.com

Investor Contact:
Matt Kreps
Managing Director
Darrow Associates Investor Relations
mkreps@darrowir.com

Media Inquiries:
Mike Cuesta
Chief Marketing Officer
MTBC, Inc.
mcuesta@mtbc.com


FAQ

What is the significance of PrecisionBI for FOX Rehabilitation?

PrecisionBI enhances FOX Rehabilitation's operational performance by providing real-time insights into clinical and operational workflows.

How long has MTBC been supporting FOX Rehabilitation?

MTBC has been supporting FOX Rehabilitation since 2017.

What are the ticker symbols for MTBC?

MTBC’s common stock trades under the ticker symbols MTBC and its Series A Preferred Stock trades as MTBCP.

What services does MTBC provide to healthcare providers?

MTBC offers cloud-based solutions including revenue cycle management, practice management, and healthcare analytics.

How does PrecisionBI help FOX Rehabilitation's operations?

It allows FOX to view enterprise data across operations, helping prioritize business decisions and grow effectively.

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