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

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MTBC (Nasdaq: MTBC, MTBCP) has announced its participation in the MGMA Medical Practice Excellence Conference from October 19-21, 2020. The company will showcase its contactless patient intake and telehealth solutions to enhance healthcare practices amid the challenging COVID-19 landscape. With monthly revenues doubling compared to 2019, MTBC's CareCloud division aims to improve revenue, modernize patient experiences, and reduce operational costs. The conference will feature various learning formats, aiming for practice excellence during rapid industry changes.

Positive
  • Monthly revenues running at approximately twice the average level achieved in 2019.
  • Showcasing a comprehensive suite of software and revenue cycle services.
  • Focus on modernizing patient experience and reducing operational expenses.
Negative
  • None.

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

SOMERSET, N.J., Sept. 18, 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 will exhibit at MGMA’s Medical Practice Excellence Conference. This year’s virtual meeting will empower learning opportunities with a mix of keynote speakers, breakout meetings, small group discussions, and sponsor and exhibitor presentations where MTBC’s CareCloud will showcase its comprehensive suite of transformative software and revenue cycle services.

“MGMA’s annual conference has always been an integral event for practice leaders. This year’s virtual format is dedicated to helping attendees achieve excellence in the COVID-19 era, a mission we are keenly focused on,” said Mike Cuesta, Chief Marketing Officer, MTBC. “This year, we are presenting an even broader, more sophisticated suite of software and services - as a unified MTBC and CareCloud portfolio - designed to transform clinical, financial, and administrative operations.”

In today’s challenging healthcare landscape, CareCloud’s industry-leading solutions are designed to help practices increase revenue, modernize the patient experience, and reduce operational expenses. Due to the nature of the industry at present, CareCloud will demonstrate safe, effective digital care strategies by showcasing its telehealth and contactless patient experience solutions, as well as powerful solutions recently added to CareCloud’s product suite like Robotic Process Automation and advanced Business Intelligence and Analytics, to increase practices’ productivity, streamline their operational workflows and strengthen their bottom lines.

“We’re excited to participate at the MGMA conference, where it’s more important than ever for the nation's top medical practice leaders to connect and gain unparalleled insights,” said Stephen Snyder, Chief Executive Officer, MTBC. “Our record-breaking growth, with monthly revenues now running at approximately twice the average level we achieved in 2019, is a result of our increased focus on reaching new medical practices. Considering the rapidly shifting healthcare landscape, we have never been in a better position to help medical practices thrive.”

MGMA’s Medical Practice Excellence Conference will take place from October 19-21, 2020. The three-day educational and networking experience will focus on patient and practice excellence and personal growth amidst rapid industry changes.

Learn more and register at: https://www.mgma.com/events/medical-practice-excellence-conference

About MTBC
MTBC 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 MTBC showcasing at the Medical Practice Excellence Conference?

MTBC is showcasing contactless patient intake and telehealth solutions.

When is the MGMA Medical Practice Excellence Conference?

The conference takes place from October 19-21, 2020.

How much have MTBC's monthly revenues increased since 2019?

MTBC's monthly revenues are now running at approximately twice the average level achieved in 2019.

What is MTBC's goal at the MGMA conference?

MTBC aims to improve revenue and enhance patient experiences for healthcare practices.

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