MTBC Medical Transcription Billing Corp

MTBC Announces New Partnership with Lake Health Alliance to Expand Delivery of Software and Services

MTBC Announces New Partnership with Lake Health Alliance to Expand Delivery of Software and Services

SOMERSET, N.J., Aug. 04, 2020 (GLOBE NEWSWIRE) --  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced a new, value-added reseller relationship with . Lake Health Alliance is a medical software sales and services organization that identifies strategic opportunities for its partners, delivering revenue cycle management (RCM), practice management, and medical billing solutions to healthcare organizations nationwide. This relationship seeks to expand the reach of MTBC’s RCM services as well as its talkEHR and CareCloud software platforms.

“Lake Health Alliance is an ideal reseller and partner for MTBC,” said Karl Johnson, Division President, MTBC Force. “They will deliver MTBC’s valuable tools and personalized support services to a fresh group of practices, to drive practice growth and success.”

As part of this new relationship, MTBC will provide Lake Health Alliance’s clients with award-winning clinical and financial software as well as comprehensive RCM services. Lake Health Alliance leverages partnerships with industry leaders to provide health organizations with a one-stop-shop for only the “best-in-class” software and solutions. The company has worked to help health organizations and practice groups become more efficient, effective, and profitable, and this agreement with MTBC enables them to continue delivering on that mission.

“Our clients are seeking an ever-increasing level of sophistication in the software and RCM services they buy from us,” said Kevin Ehling, CEO, Lake Health Alliance. “We believe that MTBC’s software, platforms, and billing expertise provide that extra level of sophistication and are exactly what our clients are looking for. We have carefully selected MTBC as a partner because they share our passion for excellence. Their comprehensive software tools and competitive pricing are an excellent match for our target market.”

About MTBC

MTBC is a healthcare information technology company that provides a full suite of proprietary cloud-based solutions, together with related business services, to healthcare providers and hospitals throughout the United States. Our Software-as-a-Service (or SaaS) platform includes revenue cycle management (RCM), practice management (PM), electronic health record (EHR), telehealth and patient experience management (PXM) solutions for high-performance medical groups. MTBC helps clients increase financial and operational performance, streamline clinical workflows and make better business and clinical decisions, allowing them to improve patient care while reducing administrative burdens and operating costs. MTBC’s common stock trades on the Nasdaq Global Market under the ticker symbol “MTBC,” and its Series A Preferred Stock trades on the Nasdaq Global Market under the ticker symbol “MTBCP.”

For additional information, please visit our website at . To view MTBC's latest investor presentation, read press releases, and listen to interviews with management, please visit .

Follow MTBC on  and .

SOURCE MTBC

Company Contact:

Bill Korn

Chief Financial Officer

MTBC, Inc.



Investor Contact:

Matt Kreps

Managing Director

Darrow Associates Investor Relations



Media Inquiries:

Mike Cuesta

Chief Marketing Officer

MTBC, Inc.



EN
04/08/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Medical Transcription Billing Corp

 PRESS RELEASE

CareCloud Named “Top Healthcare IT Pick for 2025” by Maxim Group; AI I...

CareCloud Named “Top Healthcare IT Pick for 2025” by Maxim Group; AI Initiative Recognized as Key Growth Driver SOMERSET, N.J., May 13, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and generative AI solutions, today announced that Maxim Group, LLC (“Maxim Group”), a leading investment bank, securities and wealth management firm, has selected CareCloud as its “Top Healthcare IT Pick for 2025,” citing the transformative potential of its artificial intelligence strategy, together with its strong financial results and renewe...

 PRESS RELEASE

CareCloud Delivers Growth and Strong Cash Flow in Q1 2025, Advances AI...

CareCloud Delivers Growth and Strong Cash Flow in Q1 2025, Advances AI and Acquisition Strategy SOMERSET, N.J., May 06, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: CCLD, CCLDO), a leader in healthcare technology and generative AI solutions, today announced strong financial results for the three months ended March 31, 2025. CareCloud’s strategic execution, AI-driven innovation, and disciplined financial management have fueled a transformational turnaround, positioning the Company for sustained profitability and long-term growth. Management will discuss these results and the Company’s 2025 growth st...

 PRESS RELEASE

CareCloud Announces Preferred Stock Dividend Payments

CareCloud Announces Preferred Stock Dividend Payments SOMERSET, N.J., May 02, 2025 (GLOBE NEWSWIRE) -- (the “Company”) (Nasdaq: CCLD, CCLDO), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, announced today that its Board of Directors (the “Board”) has declared monthly cash dividends for its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”) and its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B Preferred Stock”) for May and June 2025. The following table...

 PRESS RELEASE

CareCloud Launches Healthcare AI Center Set to Become World’s Largest ...

CareCloud Launches Healthcare AI Center Set to Become World’s Largest with 500 AI Professionals SOMERSET, N.J., April 28, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: CCLD, CCLDO), a leading provider of healthcare technology and generative AI solutions, today announced the official launch of its AI Center of Excellence (the “AI CoE”) — a major strategic initiative aimed at delivering scalable, domain-specific artificial intelligence solutions purpose-built for healthcare. “Our ground-breaking AI Center officially began operations earlier this month with an inaugural team of over 50 AI engineers, da...

 PRESS RELEASE

CareCloud to Announce First Quarter 2025 Results on May 6, 2025

CareCloud to Announce First Quarter 2025 Results on May 6, 2025 SOMERSET, N.J., April 17, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: CCLD, CCLDO), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, will release its financial results for the first quarter ended March 31, 2025 before the market opens on Tuesday, May 6, 2025. The Company will follow with a conference call for investors at 8:30 a.m. Eastern Time. The live webcast of the conference call and related presentation slides can be accessed at . An audio-only option is availabl...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch