 CareCloud

CareCloud, Inc. operates as a healthcare information technology (IT) company. engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. It operates through the following segments: Healthcare IT and Practice Management. The Healthcare IT offers proprietary web-based suite of services such as practice management applications, certified electronic health records solution, revenue cycle management services and mobile health applications. The Practice management segment offers medical practices as well as telemedicine, management, bill-paying and financial advisory services. The company was founded by Mahmud Haq in 1999 and is headquartered in Somerset, NJ.

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CareCloud, Inc. is a healthcare information technology company, which engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. It operates through the Healthcare IT and Practice Management segments. The Healthcare IT segment offers a proprietary web-based suite of services such as practice management applications, certified electronic health records solutions, revenue cycle management services and mobile health applications. The Practice Management segment provides medical practices as well as telemedicine, management, bill-paying and financial advisory services. The company was founded by Mahmud Haq in 1999 and is headquartered in Somerset, NJ.

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SOMERSET, N.J., April  27, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP) (“MTBC” or the “Company”), a leading provider of cloud-based healthcare IT solutions and services today announced the successful closing of its largest public offering to date of its non-convertible 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock"), comprised of a total of 828,000 shares at a price of $25 per share, for gross proceeds of $20.7 million.

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SOMERSET, N.J., April  23, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP) (“MTBC” or the “Company”), a leading provider of cloud-based healthcare IT solutions and services, today announced that it has upsized and priced its previously announced underwritten public offering of non-convertible 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock"), which trades on the Nasdaq Global Market with ticker “MTBCP”. The Company has agreed to sell 720,000 shares of Series A Preferred Stock, at a public offering price of $25.00 per share, for gross proceeds to the Company of $18.0 million. The Company also granted the underwriters a 30-day option to purchase up to an additional 108,000 shares at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about April 27, 2020, subject to the satisfaction of customary closing conditions.

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SOMERSET, N.J, April  16, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services today announced the addition of three new suppliers to MTBC Health’s Group Purchasing Organization (“GPO”). Through these new services, available immediately, physician practices benefit from preferred pricing for core business expenses, including payroll and HR services, office leasing and bad debt collections, among others.

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SOMERSET, N.J., April  14, 2020  (GLOBE NEWSWIRE) --   MTBC, Inc. (NASDAQ:MTBC) (NASDAQ: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced it has been selected by  Titan Health Management Solutions  (Titan Health) to support the company’s rapidly expanding revenue cycle management services (RCM). Based in Tucson, Arizona, Titan Health provides comprehensive RCM services for healthcare providers across the USA.

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SOMERSET, N.J., March  26, 2020  (GLOBE NEWSWIRE) --  MTBC, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced the official launch of  MTBC Force , a niche offering designed to support the human capital and technology needs of other vendors providing revenue cycle management (“RCM”) and healthcare IT solutions to the healthcare market.

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News for CareCloud Stock (MTBC)