Carecloud, Inc. · NASDAQ:CCLD
Carecloud — Medical Transcription Billing — IPO Roadshow (June 2014)
24 slides from Carecloud's IPO roadshow presentation, Jun 17, 2014
Slide 1: Medical Transcription Billing, Corp. – A Fully Integrated Practice Solution
Medical Transcription Billing, Corp. June 2014 mHealth EHR PM RCM | A Fully Integrated Practice Solution Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration No. 333 - 192989 June 17, 2014
Slide 2: Forward Looking Statements
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 1 Forward Looking Statements This presentation includes forward - looking statements within the meaning of the federal securities laws. These statements, among other things, relate to our business strategy , goals and expectations conce
Slide 3: Free Writing Prospectus Statement
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 2 Free Writing Prospectus Statement This presentation highlights basic information about us and the offering. Because it is a summary, it does not contain all of the information that you should consider before investing . We have filed
Slide 4: Initial Public Offering
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 3 Initial Public Offering ▪ 3.0 million (all primary) Shares Offered Price Range ▪ $9.00 - $11.00 per share Post - Offering Shares Outstanding ▪ 9.83 million ▪ 10.28 million with overallotment Underwriters ▪ Chardan Capital Markets ▪ Ae
Slide 5: Healthcare information technology company
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 4 Healthcare information technology company Scalable, cost - efficient business model ▪ Cloud - based software ▪ Educated, low - cost offshore labor force with over 1,000 employees Predictable recurring revenue with “sticky” customer ba
Slide 6: Integrated Ambulatory Solutions
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 5 Integrated Ambulatory Solutions ▪ Meaningful U se Stage 2 certified ▪ Integrated lab orders and results ▪ Electronic prescribing * ▪ Secure messaging * ▪ Clinical charting * ▪ Drug and allergy alerts ▪ 24x7 technical support ▪ Develop
Slide 7: Experienced Leadership Team
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 6 Experienced Leadership Team Mahmud Haq, CEO/Chairman ▪ Founder, Chairman of the Board and CEO since inception ▪ Former CEO of Compass International Services Corporation (NASDAQ: CMPS), where he completed 14 acquisitions in a span of 1
Slide 8: MTBC Vision and Target Acquisitions
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 7 MTBC Vision MTBC Pro Forma Revenue: $11.6 million* *Includes full year revenue from Metro Medical acquired on June 30, 2013 Omni Medical Billing Services, LLC Revenue: $11.3 million Purchase price: $20.7 million Practicare Medical Man
Slide 9: Industry Overview
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 8 Industry Overview ▪ The US ambulatory EHR / RCM industry represents a $13b+ opportunity ▪ a thenahealth is the largest market participant with a market share of only 4.5% ▪ The Institute of Medicine estimates that 30% of health care s
Slide 10: An Emerging Leader in the EHR Space
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 9 An Emerging Leader in the EHR Space Source: KLAS EMR Report, January 2014 KLAS EHR Rankings: 1 - 10 Provider Practices
Slide 11: Performance Based Retention
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 10 Performance Based Retention Higher Claims First - Pass Acceptance Rates Annual Renewal Rates* 2012 - 2013 MTBC’s focus on customer satisfaction leads to high customer retention 98% 94% 40% 60% 80% 100% First-time pass rate MTBC Indus
Slide 12: Competitive Advantage
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 11 Competitive Advantage ▪ Over 1,000 Pakistan - based employees with over 170 dedicated technology professionals ▪ Highly educated workforce ▪ Redundant backup facility four hours away ▪ ISO 27001 certified ▪ HIPAA compliant Pakistan l
Slide 13: Growth Strategy
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 12 Growth Strategy Standalone EHR Providers Standalone RCM Providers ICD - 10 ▪ Consolidate small providers ▪ Rationalize costs to Pakistan Stage 2 1,500+ 500+ January 2014 Both opportunities allow MTBC to acquire customers in large qua
Slide 14: Acquisition Strategy
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 13 Acquisition Strategy 16 acquisition targets identified with $170 million in revenues * Leverage lower cost into EBITDA growth Migrate customers to MTBC platform Acquire ambulatory RCM companies * Based on company’s preliminary commun
Slide 15: Organic Growth through Channel Partners
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 14 Organic Growth through Channel Partners ▪ MTBC leverages partners’ marketing budgets and converts potential competitors into low - cost channel partners ▪ 70% of the 500k+ ambulatory physicians practice in MTBC’s target market of the
Slide 16: mHealth
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 15 mHealth
Slide 17: Electronic Health Record
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 16 Electronic Health Record
Slide 18: Business Intelligence
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 17 Business Intelligence
Slide 19: Practice Management System Aging Widget
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 18 Practice Management System Aging Widget
Slide 20: Revenue Model
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 19 Revenue Model ▪ Pricing is among the most competitive in the industry ▪ A ligns MTBC with financial goals of customer ▪ Offering includes an integrated mHealth, EHR , practice management solution and dozens of other business services
Slide 21: Recent Acquisition Case Study
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 20 Recent Acquisition Case Study ▪ MTBC acquired Metro Medical, with annual revenue of $3 million, on June 30, 2013 for $1.5 million ▪ Reduced directly identifiable expenses from 111% of revenue prior to acquisition to 55% of revenue ▪
Slide 22: Historical and Pro Forma Financials
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 21 NOTES: 1) Historical revenue and EBITDA include acquisition of Metro Medical starting June 30, 2013 2) Pro Forma revenue and EBITDA include acquisition of 3 target companies for the four quarters ended Q1 2014 3) EBITDA * reduced by
Slide 23: Pro Forma Capitalization
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 22 Pro Forma Capitalization ($’s in millions) As of March 31, 2014 Pro Forma for Acquisitions and IPO Cash & Cash Equivalents $7.8 Working Capital $6.2 Long - Term Debt $1.0 Total Equity $40.2 Note: Pro Forma for Acquisitions and IPO in
Slide 24: Investment Highlights
mHealth • EHR • PM • RCM | A Fully Integrated Practice Solution 23 Healthcare information technology company Scalable, cost - efficient cloud - based business model Predictable recurring revenue with “sticky” customer base Highly experienced management team Solid financial performance Large, highly
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