MTBC Named in Deloitte's 2016 Technology Fast 500(TM)
November 16 2016 - 8:30AM
Marketwired
MTBC Named in Deloitte's 2016 Technology Fast 500(TM)
SOMERSET, NJ-(Marketwired - Nov 16, 2016) - MTBC (NASDAQ: MTBC)
(NASDAQ: MTBCP), one of the fastest growing technology companies in
the U.S., today announced that it has been named in Deloitte's
Technology Fast 500 ranking based on its 130% revenue growth from
2012 to 2015.
"As we celebrate our fifteenth year of business, we thank our
customers and employees for enabling us to continue growing at a
rate that even outpaces most early stage private and public
companies," said Stephen Snyder, President of MTBC. He continued,
"Of the 500 companies ranked on Deloitte's prestigious list in
2016, MTBC was among a smaller subset of the named companies that
is publicly traded on NASDAQ and we are honored to be included
among this group of market leaders."
MTBC credits the combination of the company's leading technology
platform and its high quality, cost-efficient operations team
across five countries - including approximately 250 IT and R&D
professionals - for driving the company's 130% revenue growth.
MTBC's technology and business model allows it to deliver a
superior Software-as-a-Service ("SaaS") offering to healthcare
providers at a lower price point than its competition. MTBC's
proprietary, cloud-based technology platform is leveraged by
healthcare providers across the U.S. to streamline business
workflows, improve clinical decision-making and increase
profitability.
About Deloitte's 2016 Technology Fast 500
Deloitte's Technology Fast 500 provides a ranking of the fastest
growing technology, media, telecommunications, life sciences and
energy tech companies - both public and private - in North America.
Technology Fast 500 award winners are selected based on percentage
fiscal year revenue growth from 2012 to 2015.
In order to be eligible for Technology Fast 500 recognition,
companies must own proprietary intellectual property or technology
that is sold to customers in products that contribute to a majority
of the company's operating revenues. Companies must have base-year
operating revenues of at least $50,000, and current-year operating
revenues of at least $5 million. Additionally, companies must be in
business for a minimum of four years and be headquartered within
North America.
As used in this document, "Deloitte" means Deloitte LLP and its
subsidiaries. Please see www.deloitte.com/us/about for a detailed
description of the legal structure of Deloitte LLP and its
subsidiaries.
About MTBC
MTBC 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. Its
integrated SaaS platform helps its 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.
Follow MTBC on TWITTER, LINKEDIN and FACEBOOK.
SOURCE MTBC
MTBC Investor and Media Contact: Christine J. Petraglia Managing
Director PCG Advisory Group christine@pcgadvisory.com (646)
731-9817 Company Contact: Bill Korn Chief Financial Officer Medical
Transcription Billing, Corp. bkorn@mtbc.com (732) 873-5133
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