Item 1.01 Entry into a Material Definitive Agreement

On September 21, 2020, MTBC, Inc., and its wholly owned subsidiaries MTBC Acquisition, Corp., MTBC Health, Inc., MTBC Practice Management, Corp., MTBC-Med, Inc., CareCloud Corp., Meridian Billing Management Co., Origin Healthcare Solutions, LLC and Origin Holdings, Inc. (collectively, the "Company") entered into a Joinder and Fourth Loan Modification Agreement with Silicon Valley Bank ("SVB"), where the parties amended the agreement, joining Meridian Billing Management Co., Origin Healthcare Solutions, LLC and Origin Holdings, Inc. to MTBC's Loan Agreement with SVB and setting forth covenants for the upcoming year.

The foregoing description of the Agreement does not purport to be complete and is qualified entirely by reference to the complete text of such document, a copy of which is attached as exhibits to this Form 8-K and are incorporated herein by reference.

The above description has been included to provide investors and security holders with information regarding the terms thereof. Investors and security holders are not third-party beneficiaries under the credit agreement and should not rely on the representations, warranties and covenants or any descriptions thereof as characterizations of the actual state of facts or condition of the thereto or any of their respective subsidiaries or affiliates. Moreover, information concerning the subject matter of representations and warranties may change after the date of the loan agreement, which subsequent information may or may not be fully reflected in the Company's disclosures.

Item 9.01 Financial Statements and Exhibits





(d) Exhibits

1.1 Joinder and Fourth Loan Modification Agreement dated September 21, 2020,


      by and between the Company and SVB.




2

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