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June 28, 2011

MTBC, a Unique Healthcare IT Company, Completes Acquisition of BBC


Somerset, NJ - June 28, 2011. MTBC announced today that it has successfully completed its acquisition of Better Billing, LLC (BBC), a medical billing company located in New Brunswick, New Jersey. BBC serviced healthcare practices across the state.

Andrew Greene, chief executive officer of BBC, said “Integrating with MTBC has delivered an unrivaled technology and service package to our providers. As the leader in the healthcare IT marketplace, MTBC has the most complete suite of solutions available to physicians today. For many years, we have admired MTBC as a competitor and we are excited to now be a part of the family. The response to this union has been quite positive and our clients are excited about MTBC’s services such as an integrated Meaningful Use EHR, appointment reminder calls, and iPhone applications at no additional charge.”

BBC clients now have access to MTBC’s medical billing, practice management, and technology solutions including the MTBC EHR 5.0, an ONC-ATCB Meaningful Use-certified Electronic Health Record (EHR).

David Rosenblum, President of MTBC said "We are thrilled to have BBC as a part of MTBC’s growing client base. Our ability to develop software and solutions which meet our clients’ needs has allowed us to increase the number of services we offer while maintaining our competitive pricing.”

MTBC employs a unique practice management system by leveraging state-of-the-art technology and efficient business practices. MTBC's system includes a fully integrated EHR program, web-based financial reporting, patient scheduling, insurance eligibility verification, an integrated personal health record portal, automated reminder calls, and mobile applications.

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 a CCHIT-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:

Stephen Snyder, Chief Operating Officer
Medical Transcription Billing, Corp.
Telephone: (732) 873-5133
Fax: (732) 873-6858
ssnyder@mtbc.com