Medical Transcription, Billing Company NASDAQ

August 28, 2006

MTBC, the 4% Medical Billing and Free EMR Company, Offers Free Medicaid Eligibility Verification to all New Jersey Physicians

Somerset, N--August 28, 2006--. In an effort to increase collections for its New Jersey clients, MTBC has established a direct connection with New Jersey Medicaid to offer patient eligibility checking free of charge. This service is integrated with MTBC’s online scheduler and allows New Jersey based physicians to verify, in real-time, the Medicaid eligibility status of any patient.

“We are excited to be one of only a few companies offering this service,” said Joe Huver, vice president of sales. “But we are thrilled to be the only company offering this service free of charge.”

Today, MTBC is rolling-out the automated New Jersey Medicaid eligibility verification to all of its in-state clients. David Rosenblum, president of MTBC explained, “This is in response to numerous physician complaints about the inability to access Medicaid eligibility information. We are also making this free service available to all physicians practicing in New Jersey.”

Key features of this functionality include:

  • Real-time Eligibility.
    Immediately determine same day or retroactive eligibility.
  • Speed.
    Check patient eligibility online in seconds so that your office staff will no longer have to place a call to Medicaid’s automated telephone system to determine a patient’s eligibility status.
  • Completely Free.
    Medicaid eligibility checks currently cost as much as 50¢ per patient. Many companies offer costly online services that require the purchase of hardware. Register today to benefit from this free, limited-time offer!
  • What you need.
    Your Medicaid provider number, the patient’s first and last name as well as date of birth, or the patient’s Medicaid provider number.

According to Mr. Huver, MTBC’s offering of this free service to all practicing physicians in the state of New Jersey is an unprecedented step to help physicians navigate the cumbersome Medicaid eligibility verification process.

About MTBC

MTBC currently offers 4% medical billing, free electronic medical records software, online access to billing and scheduling information, as well as real-time eligibility verification. With practice management tools, financial reporting capabilities, online scheduling and office forms, MTBC’s services are unmatched in the industry.

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.


Stephen Snyder, General Counsel
Medical Transcription Billing, Corp.
Telephone: (732) 873-5133 x 113
Fax: (732) 873-3378

<<Business Wire -- 08/28/2008>>