MTBC -- The 4% Medical Billing Company - Announces Major New Client

SOMERSET, N.J.--(BUSINESS WIRE)-- November 17, 2004-Medical Transcription Billing, Corp. (www.mtbc.com), one of the fastest growing medical billing companies in the country, is pleased to announce that it is now providing its comprehensive 4% medical billing services to Accredited Dermatology, of Toms River, NJ, the third largest dermatology practice on the East Coast.

Accredited Dermatology, which has been in practice since 1984, includes fifteen locations, with multiple physicians, locates in six New Jersey counties. The physicians of Accredited Dermatology specialize in General Dermatology and treat patients of all age ranges throughout the state.

With a multi-million dollar monthly billing requisite, Accredited Dermatology expects to reduce its expenses and increase its revenues and cash flow, and gain greater control over its practice, by switching to MTBC's technology-driven medical billing system. Jerry Schlitzer, Accredited Dermatology's Practice Manager, stated that "MTBC's dedication to ensuring a seamless transition was evident in the professional migration plan which was customized for our specific needs. Although I was apprehensive about lost billing work due to down-time, MTBC put me and our physicians at ease with a smooth and seemingly effortless transition process."

Accredited Dermatology will also benefit from MTBC's on-line patient scheduling, reporting, and integrated EMR package. MTBC EMR program is scheduled to be released in the coming month and will allow the office staff to spend more time with patients and less time with paperwork. David Rosenblum, President of MTBC, explains that, "MTBC EMR will benefit practices of the size and scope of Accredited Dermatology, as well as smaller practices and solo practitioners. It will offer physicians real-time connectivity and unprecedented access to both their billing and patient information, while saving practices time and money."

MTBC EMR will be offered free of charge to all of its medical billing clients and will help improve the efficiencies of each practice, allowing more patients to be seen and revenues to increase. MTBC can also interface with any other EMR program used by the practice and mine billing information, electronically, directly from the EMR program.

To view a description and demo of MTBC's services, and to download its free EMR, please visit http://www.mtbc.com

Safe Harbor and Forward-Looking Statements

This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions of MTBC (the Company) that involve risks and uncertainties.

Contact:

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

<<Business Wire -- 11/17/04>>