Medical Transcription Billing, Corp. Provides Earnings Guidance for the Year Ended December 31, 2018 and for the Full Year 2019
January 03, 2019 at 02:00 pm
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MTBC provided earnings guidance for the year ended December 31, 2018 and for the full year 2019. The company expects to report full-year 2018 revenue at or above the high end of guidance range of $49 million - $50 million, representing more than 55% growth year over year.
The company expects continued revenue growth of at least 20% in 2019, excluding the effects of any material strategic growth opportunities.
CareCloud, Inc. is a healthcare information technology company. The Company provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Medical Practice Management. Healthcare IT segment includes technology-assisted revenue cycle management, software-as-a-service (SaaS) solutions and other services. Medical Practice Management segment includes the management of three medical practices. Its technology-enabled business solutions include revenue cycle management; Cloud-based software; Digital health; and Healthcare IT professional services & staffing. Its SaaS platforms include practice management (PM), electronic health record (EHR), patient experience management (PXM), and others. Its Revenue Cycle Management services including end-to-end medical billing, eligibility, analytics, and related services.