SOMERSET, N.J., Aug. 24, 2020 (GLOBE NEWSWIRE) — MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced the launch of its next-generation PrecisionBI healthcare analytics and business intelligence platform. This highly anticipated release delivers an all-new platform experience to help large medical groups, health systems, and academic institutions easily monitor business metrics, build customized dashboards to visually track Key Performance Indicators, and gain a 360° view of performance across their organizations.

“This PrecisionBI update is a significant technology and user experience upgrade that our clients and partners have been looking forward to,” said A. Hadi Chaudhry, President of MTBC. “Not only does this new release feature a new, modern interface but it provides a more unified, completely web-based experience. We believe our existing and new clients will love the new PrecisionBI.”

PrecisionBI is a turnkey healthcare analytics solution that consolidates financial, clinical, and business data for better insights and data-driven decisions. Key enhancements now available to PrecisionBI clients include:

• Modern, Easy-to-use Interface for a More Enhanced User Experience
  All aspects from the dashboard builder to reporting have been updated to make it easier and faster for users to pull and analyze their data. The new user interface was designed to improve productivity and accessibility for all users.

• New, Powerful Reporting Capabilities for Deeper Data Dives
  Users can build, analyze, and compare reports using the new Page Reports feature. This powerful tool empowers users to go beyond dashboards and standard reports, enabling even deeper data dives and in-depth comparisons.

• Data Access Anytime, Anywhere with Multi-Browser and Mobile Support
  Complete data access is obtainable via any major web browser and OS. The cloud-based environment allows users to view crucial information anytime, anywhere.

“By helping healthcare leaders better understand and leverage their data, PrecisionBI is helping thousands of providers optimize revenue and improve patient care,” said Wes Stolp, Executive Vice President of Sales at MTBC. “We are proud to officially release the next-generation of our business intelligence solution and eager to help even more enterprise groups overcome inefficiencies with data-powered decision making.”

MTBC acquired PrecisionBI, the trusted analytics and business intelligence partner to healthcare enterprises and vendors, through its recent acquisition of Meridian Medical Management. As a result of this acquisition, MTBC plans to introduce the next-generation of PrecisionBI not only to existing PrecisionBI clients, but also to MTBC’s larger cohort of enterprise medical groups, partners, and physicians.

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), business intelligence, 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 www.mtbc.com. To view MTBC’s latest investor presentation, read press releases, and listen to interviews with management, please visit ir.mtbc.com.

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SOURCE MTBC

Company Contact:
Bill Korn
Chief Financial Officer
MTBC, Inc.
bkorn@mtbc.com

Investor Contact:
Matt Kreps
Managing Director
Darrow Associates Investor Relations
mkreps@darrowir.com

Media Inquiries:
Mike Cuesta
Chief Marketing Officer
MTBC, Inc.
mcuesta@carecloud.com