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October 24, 2008

MTBC’S FREE EMR TO FEATURE REAL-TIME CLAIMS ADJUDICATION (RTA) WITH THREE INSURERS

SOMERSET, NJ – Beginning December 1, healthcare providers using MTBC’s free EMR software will see accelerated collections through real-time adjudication (RTA) of claims with three major insurers: UnitedHealthcare, Humana and Blue Cross/Blue Shield of Florida.

As a result, during a patient encounter at the office, doctors and their staff members will be able to instantly calculate the patient's responsibility and learn of submission errors or rejections. Moreover, the time span for processing and reimbursement of claims will be markedly shortened because RTA claims are submitted earlier and given priority by the insurer.

“We’re tearing down the walls—the significant IT and administrative requirements—that have prevented the vast majority of private practices from benefitting from RTA,” said David Rosenblum, president of MTBC, the revenue cycle and practice management company. “Our EMR is free and we support it free for our billing clients, making RTA just another innovation that is remarkably attainable to all private practices through MTBC.”

MTBC now performs RTA for patients insured by Humana and Blue Cross/Blue Shield of Florida, after commencing RTA earlier this year with UnitedHealthcare.

MTBC EMR and web-based practice management system share data through automated synchronization. Clients enjoy secure, streamlined administrative processes with Internet-enabled transparency into their practices’ information.

“As we continue to enhance our integrated system, we are redefining for a doctor’s office what is available, affordable and productive” said Mr. Rosenblum. “In this difficult economic climate, more and more physicians will welcome RTA and other features from MTBC that maximize revenues.”

ABOUT MTBC

Founded in 1999 and based in Somerset, NJ, MTBC performs revenue cycle and practice management for healthcare providers in all specialties. The standard service, billed at 4 percent of collections, includes practice management tools, financial reporting capabilities, online patient scheduling and office forms, and online access to billing and scheduling information. The premium service, billed at 5 percent of collections, includes full integration with a third-party EMR, real-time insurance eligibility verification, digital prescribing and electronic lab requisitions, automated appointment reminders, online patient self-scheduling, and touch-screen kiosk integration. To learn more about MTBC’s medical billing and its medical transcription services, visit http://www.mtbc.com.

From:

MTBC (Medical Transcription Billing Corp.)
7 Clyde Road
Somerset, NJ 08873
http://www.mtbc.com

Contact:

Axiom Communications
James A. Quirk, VP/Media Relations
(201) 348-8998

MTBC
Michael Menche, VP/Marketing & Sales
(732) 873-5133
mmenche@mtbc.com