MTBC Inc
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Health Care : Health Care Technology | Small Cap BlendCompany profile

MTBC Inc., formerly 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. The Company's offering, PracticePro, allows healthcare practices with the core software and business services on Software-as-a-Service (SaaS) platform. PracticePro includes practice management software and related tools, which facilitate the day-to-day operation of a medical practice; electronic health records (EHR), which allow its customers to qualify for government incentives; revenue cycle management (RCM) services, which include medical billing, analytics and related services, and mobile Health solutions, including smartphone applications that assist patients and healthcare providers in the provision of healthcare services. The Company offers a clearinghouse service, which allows clients to track claim status.

Closing Price
$26.60
Day's Change
-0.0891 (-0.33%)
Bid
--
Ask
--
B/A Size
--
Day's High
26.69
Day's Low
26.58
Volume
(Heavy Day)
Volume:
13,756

10-day average volume:
11,422
13,756

Bank stocks get a boost after jobs data

8:57 am ET November 1, 2019 (MarketWatch)
Print

Financial stocks got an early boost Friday, as a stronger-than-expected government jobs report (http://www.marketwatch.com/story/us-adds-128000-new-jobs-in-october-in-stronger-than-expected-employment-report-2019-11-01) helped drive up Treasury yields. The SPDR Financial Select Sector ETF (XLF) rose 0.7% in premarket trading, after being unchanged just before the jobs data was released. Meanwhile, futures for the Dow Jones Industrial Average rose 111 points. Among some of the financial ETF's more heavily weighted components, shares of Bank of America Corp. (BAC) rallied 1.2%, compared with a pre-data gain of 0.3%; J.P. Morgan Chase & Co. (JPM) hiked up 0.8% vs. a pre-data gain of 0.3%; Citigroup (C) was unchanged pre-data, but was recently up 0.8%; Wells Fargo & Co. (WFC) jumped 1.1%, after being unchanged just before the data. The yield on the 10-year Treasury note rose 2.6 basis points to 1.717%. Higher longer-term yields can increase what banks earn from funding longer-term assets, like loans, with shorter-term liabilities.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 01, 2019 08:57 ET (12:57 GMT)

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