Be punctual, but do not show up more than 15 minutes early for an appointment. Take the time before an interview to read industry news and trade publications. Showing that you are knowledgeable on current events in your field shows that you are up-to-date and prepared. It is also a great way to break the ice.
We have an integrated cloud-based technology platform, which we developed in-house, and we have wholly owned offshore subsidiaries with 1,600 employees in four countries, with labor costs that average about 10% of the labor costs in the U.S. This allows us to provide services which are labor intensive even though we use our technology, and we can deliver these services much less expensively than our customers or competitors can provide them,” explains Korn. With these foundations in place, MTBC achieved three main accomplishments in 2016. The company recorded three quarters of positive EBITDA since its IPO in 2014; raised $7.5 million of non-convertible preferred stock on the NASDAQ; and closed its acquisition of MediGain, marking its tenth acquisition since the IPO and largest acquisition to-date. In early October, MTBC acquired substantially all of the assets of MediGain, LLC and its Millennium Practice Management, LLC affiliate for a total purchase price of $7 million, representing a “significant discount as compared to the industry norm of at least one times annualized revenues for a company of MediGain’s size,” says Korn. Wrapping up the interview, Korn explains several benefits of the MediGain acquisition, including the expansion of the company’s global team of professionals and expectations for increased revenues. “We believe that our newly acquired business will contribute to our positive adjusted EBITDA by the first quarter of 2017. http://parkerwardspace.denaliinstitute.org/2016/09/03/a-useful-a-z-on-solutions-for-interviewBy growing our overall revenue greatly through this acquisition, MTBC expects to generate significant operating leverage … the incremental profits for this acquisition are expected to greatly exceed the company’s cost of capital,” he says. “This acquisition should be accretive to our shareholders in 2017.” Read More About Medical Transcription Billing, Corp.
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