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July 10, 2009

MTBC PARTNERS WITH BLUE CROSS BLUE SHIELD

FOR REAL-TIME CLAIMS ADJUDICATION

July 10, 2009 – MTBC, the unique revenue cycle and practice management company, is now performing automated real-time adjudication (RTA) of claims for patients with Highmark Blue Cross Blue Shield, as part of its national campaign to make its clients’ performance even more efficient through IT processes.

MTBC already performs RTA with United Healthcare, Humana, and Blue Cross Blue Shield of Florida. The company works with practices in 42 states and physicians in all specialties.

RTA is the cutting edge interface that allows instant adjudication of a claim—including the insurer’s payment, adjustment and patient responsibility. RTA reduces the traditional timeframe of claims submission to adjudication from 2-6 weeks to just a few seconds.

“This advance benefits our clients by markedly accelerating their collections,” said David Rosenblum, president of MTBC. “We are at the forefront of introducing RTA to private practices—and we are actively initiating it with other insurers.”

MTBC is already transforming healthcare through its CCHIT® Certified EMR 4.0, which is intuitive, customizable and integrates seamlessly with our web-based billing platform. The company provides and supports the EMR at no charge for clients of its integrated practice management system, which is billed at only 5% of collections. MTBC EMR is also available as stand-alone software, a superlative value priced at $4,950 for unlimited users, and maintenance and support at only $195 per month.

ABOUT MTBC

Founded in 1999 and based in Somerset, NJ, MTBC performs practice management and provides EMR software for physician offices and hospitals. Its integrated Premium Plan, billed at only 5% of collections, presents a service suite unmatched in the industry for its scope and value. Features include MTBC EMR 4.0 provided and supported at no charge, a practice website with patient scheduling, automated appointment reminders, e-prescribing, lab connectivity, real-time insurance eligibility verification. These features augment MTBC’s web-based billing platform, which includes practice management tools, financial reporting capabilities, online patient scheduling and office forms, and online access to billing and scheduling information. To learn more about MTBC, please visit www.mtbc.com.

CCHIT® is a registered mark of the Certification Commission for Healthcare Information Technology.

Contact:

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