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Medical Transcription Billing Corp. (MTBC): Recent Acquisition is Catalyst for Sales Growth in 2017

Company: Medical Transcription Billing, Corp. (MTBC)
Category: Stock Spotlights

Medical Transcription Billing (NASDAQ: MTBC; MTBCP) recently acquired MediGain LLC, marking the company’s largest acquisition to-date and one expected to significantly boost overall revenue in 2017. “The deal marks a major corporate milestone for MTBC and shows the power of its acquisition-based growth strategy … the revenue cycle management customer accounts and other assets acquired from MediGain have annual revenues of more than $10 million, which is expected to contribute significantly to Medical Transcription Billing’s revenue growth in 2017.” The deal also expands MTBC’s staff in North America, as well as in Asia.

To view the full press article, visit:  http://nnw.fm/s4SdL

About MTBC

Medical Transcription Billing, Corp. is a healthcare information technology company that provides a fully integrated suite of proprietary web-based and mobile health solutions, together with related business services, to healthcare providers throughout the United States. 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 more information on MTBC, please visit www.mtbc.com.

About NetworkNewsBreak

NetworkNewsBreak is a rapid summary of a press release that caught the attention of NetworkNewsWire (NNW). NNW provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing network of more than 5,000 key distribution outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, visit https://www.networknewswire.com.

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