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MTBC has entered a cooperative agreement with Exscribe Orthopaedic Healthcare Solutions to enhance healthcare IT services. This partnership will enable MTBC Force to offer customized software development and access to advanced Revenue Cycle Management (RCM) solutions for Exscribe's 2,000+ orthopaedic clients. The collaboration aims to leverage both companies' strengths, with dedicated orthopaedic billers and software developers working together to innovate and deliver tailored solutions to support orthopaedic practices in value-based care environments.
MTBC (Nasdaq: MTBC) has appointed Karl Johnson as president of its new initiative, MTBC Force, aimed at helping healthcare IT vendors scale their services. Launched in March 2020, MTBC Force has quickly gained traction as a key player in partner services for revenue cycle management. Johnson brings over 20 years of relevant experience and is expected to drive growth within the division. CEO Stephen Snyder expressed optimism about the positive response to the vendor partnership initiative that inspired this offering.
MTBC (Nasdaq: MTBC) announced a partnership with MDS Medical to provide end-to-end Revenue Cycle Management (RCM) services using the MTBC Force platform. This collaboration aims to enhance MDS's cash flow efficiency through a dedicated team experienced in medical billing. MDS Medical, known for its tailored Electronic Health Record (EHR) services, will benefit from MTBC's scalable workforce and integrated software solutions. The implementation process began shortly after the agreement, indicating a swift operational transition.
MTBC, a leading healthcare IT provider, will release its first-quarter financial results for 2020 on May 14, before the market opens. The company will also host a conference call at 8:30 AM ET to discuss its performance and reaffirm its full-year guidance of $100 - $102 million in revenue and $12 - $13 million in adjusted EBITDA. Investors can access the live webcast or join via audio-only. A replay will be available shortly after the call concludes.
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