MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP), a provider of proprietary web-based electronic health records, practice management and mHealth solutions, recently closed its largest acquisition to-date, and provided the investment community with additional details of the deal. Highlights of the MediGain acquisition include: the acquired accounts in good standing have annual revenues of more than $10 million, which will contribute to MTBC’s overall revenue growth in 2017; the acquisition is expected to be accretive to MTBC shareholders in 2017; MediGain assets were purchased at a significant discount to the industry norm; the deal expands MTBC’s Asia-based team.
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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
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