SOMERSET, NJ–(Marketwired – Jul 20, 2017) – 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.
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.”
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