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January 17, 2012

MTBC Embarks On Aggressive Mergers And Acquisitions Program

MTBC, a unique healthcare IT Company recently announced that due to the transition from ICD-9 to ICD-10 coding standards and the changing nature of the healthcare industry, many companies are expressing interest in MTBC’s ongoing Mergers and Acquisitions program. MTBC has acquired a number of medical billing companies in the last 3 years and continues to capitalize on the increased complexities inherent in these industries.

“We see our mergers and acquisitions program as a key element of our growth” according to Stephen Snyder, MTBC’s president. “We recognize that the healthcare industry is changing quickly, and not every company will be able to adapt to client demands.”

“Even when times are difficult, there are still opportunities,” according to Brendan P. Harney, MTBC’s Vice President of Mergers and Acquisitions. “Our industry is transforming, and business owners still have an opportunity to profit through a merger or an acquisition with MTBC.”

MTBC is actively pursuing several acquisition opportunities and invites contact from any company looking to escape the endless changes in the medical billing industry through a business merger or acquisition.

Companies that are interested in MTBC’s Merger and Acquisition program should contact Brendan P. Harney, VP of Mergers & Acquisitions at 732-873-5133 ext. 172 or bharney@mtbc.com.

About MTBC

Founded in 1999 and based in Somerset, New Jersey, MTBC performs practice management and provides EHR software for physician offices and hospitals. Its integrated premium plan, MTBC PracticePro™, billed at only 5% of collections, presents a service suite unmatched in the industry for its scope and value.

Features include an ONC-ATCB certified EHR provided and supported at no charge, a practice website with patient scheduling, automated appointment reminders, e-prescribing, lab connectivity, and real-time insurance eligibility verification. MTBC was recently recognized by Deloitte LLP as one of the fastest growing companies in North America. To learn more about MTBC, please visit www.mtbc.com.

Contact:

Brendan P. Harney, VP of Mergers & Acquisitions
Medical Transcription Billing, Corp.
Telephone: (732) 873-5133, ext. 172
Fax: (732) 873-6858
bharney@mtbc.com