SOURCE: MTBC

MTBC

August 09, 2017 07:00 ET

MTBC talkEHR Passes Another Major Milestone

SOMERSET, NJ--(Marketwired - Aug 9, 2017) - MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP), a leading provider of proprietary, cloud-based healthcare IT and revenue cycle management solutions, today announced the successful completion of its phase one launch of talkEHR. MTBC is moving forward with mass media promotion of its next-generation, voice-enabled electronic health records (EHR) solution.

"We believe our self-learning, voice driven, electronic health records system will revolutionize the way physicians practice on a day-to-day basis," said Mahmud Haq, CEO, MTBC. He continued, "We are excited to be at the forefront of this emerging technology."

"Beginning this month, we are promoting talkEHR through a series of electronic and print advertisements in Medical Economics and Physician Practice, the largest media sources for physicians," said Karl Johnson, SVP Business Development, MTBC. Mr. Johnson continued saying, "We will also be communicating via television ads, targeted emails and trade shows."

Phase one implementation of talkEHR resulted in significant functionality enhancements that streamlined workflows to the electronic health record software. The product is ready for mass promotion to the medical community.

As part of the full launch, MTBC is offering the base talkEHR application free to all providers. The system will be monetized through a series of added value functions and support services at highly competitive prices. These items include, but are not limited to, electronic claims submission, electronic prescriptions, appointment scheduling, automated reminders and quality incentive support. Most importantly, MTBC will also be offering a full-service package that includes medical billing, for 2.95% of a physician's collections, which is expected to be a very popular selection.

talkEHR is designed to utilize natural language processing and artificial intelligence to allow providers and staff to rapidly learn, implement, and successfully run their medical practices. talkEHR also incorporates an integrated suite of mobile apps allowing a reduction in phone calls and repetitive tasks, making practice easier.

Healthcare providers interested in learning more can call (541) 237-8626, or visit www.talkEHR.com.

About MTBC
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."

For additional information, please visit our website at www.mtbc.com.

Follow MTBC on Twitter, LinkedIn and Facebook.

Forward-Looking Statements
This press release contains various forward-looking statements within the meaning of the federal securities laws. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "might," "will," "should," "intends," "expects," "plans," "goals," "projects," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these terms or other comparable terminology.

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management's expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, increased sales and marketing expenses, and the expected results from the integration of our acquisitions.

These forward-looking statements are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry's) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to: the Company's ability to manage growth; integrate acquisitions; effectively migrate and keep newly acquired customers and other important risks and uncertainties referenced and discussed under the heading titled "Risk Factors" in the Company's filings with the Securities and Exchange Commission.

The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events.

SOURCE MTBC

Contact Information

  • Company and Investor Contact:
    Bill Korn
    Chief Financial Officer
    Medical Transcription Billing, Corp.
    bkorn@mtbc.com
    732-873-5133