initial public offerings (IPOs) trading on American exchanges

Monday, August 25, 2014

Medical Transcription Billing (MTBC) began trading on the NASDAQ on 23 July 2014


Description

Medical Transcription Billing, Corp. is a healthcare information technology company that provides an integrated suite of Web-based solutions, together with related business services, to healthcare providers practicing in ambulatory care settings. As of December 31, 2012, the Company serves approximately 400 practices representing approximately 1,320 providers (which it define as physicians, nurses, nurse practitioners, physician assistants and other clinical staff that render bills for their services), practicing in approximately 50 specialties and subspecialties, in 39 states. As of December 31, 2013, it serves approximately 450 practices representing approximately 1,110 providers, practicing in approximately 50 specialties and subspecialties, in 36 states. It offers a suite of integrated, Web-based Software-as-a-Service (SaaS) platform and business services designed for healthcare providers. In July 2014, it acquired the assets of three independent revenue cycle management companies.

Address

7 Clyde Rd
SOMERSET, NJ 08873-5049
United States
Key stats and ratios
Q1 (Mar '14)2013
Net profit margin-14.91%-1.70%
Operating margin-12.51%-1.22%
EBITD margin-7.84%
Return on average assets-26.70%-3.85%
Return on average equity--67.86%
Employees1,095


 

No comments:

Post a Comment