Company:  MEDICAL TRANSCRIPTION BIL ... (MTBC)
Form Type:  8-K
Filing Date:  7/17/2017 
CIK:  0001582982 
Address:  7 CLYDE ROAD
SOMERSET
 
City, State, Zip:  SOMERSET, New Jersey 08873 
Telephone:  (732) 873-5133 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$2.67  
Change: 
0.0594 (2.28%)  
Trade Time: 
11:54 AM EST  
Market Cap: 
$30.78M
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© 2017  
Description of Business
Medical Transcription Billing, Corp. (the "Company") is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers. Our integrated Software-as-a-Service (or SaaS) platform helps our customers increase revenues, streamline workflows and make better business and clinical decisions, while reducing administrative burdens and operating costs. In addition to our experienced team in the United States, we employ a highly educated workforce offshore, including approximately 1,700 people in Pakistan and 100 in Sri Lanka. We believe labor costs in both of these countries are approximately one-half the cost of comparable India-based employees and one-tenth the cost of comparable U.S. employees, thus enabling us to deliver our solutions at competitive prices.
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  FORM 8-K
    SECTION 2 FINANCIAL INFORMATION
      Item 2.02 Results of Operations and Financial Condition.
    SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
      Item 9.01 Financial Statements and Exhibits.
    SIGNATURE(S)
  EXHIBIT 99.1