MTBC partners with computer credit, inc.; md-collect service free for healthcare clients

Somerset, NJ – January 15, 2009 – Two national healthcare companies, MTBC and Computer Credit, Inc. (CCI) have partnered to improve and accelerate collections for hospitals and private healthcare practices. Through the integration of the companies’ respective platforms, clients of MTBC’s Premium Plan will be eligible to receive MD-Collect^® service at no charge.

The innovative companies have designed a proprietary account flow that increases revenues and simplifies receivables management--while protecting the patient-provider relationship. The jointly designed ASP features a secure, user-friendly web portal allowing practices to access account status and collections activity 24/7.

"We’re so pleased to forge this partnership with CCI, which has a stellar track record of 36 years in serving hospitals and physicians,” said David Rosenblum, president of MTBC. “This service builds on our mission to bring technology-driven processes that improve the profitability of our clients--at no cost to them."

"The commitment to improve the revenue cycle for healthcare is a top priority for each of our companies and bridges our hospital and physician client bases with an optimum solution,” said Beth Barksdale, CEO of Computer Credit, Inc.

MD-Collect^® features telephony services and professional correspondence that resolve patient accounts. Through extensive modeling, MD-Collect^® benefits practices by standardizing account flow that is too often neglected--in a courteous manner that patients appreciate.

"As a billing company, it’s our responsibility to introduce our clients to services that positively impact their bottom lines,” Rosenblum said. “Our seamless web-based integration will make MD-Collect^® an effortless but invaluable tool."

"We’ve partnered with MTBC to provide a disciplined collection effort for practice managers that simplifies the payment process and is very easy to use,” adds Ms. Barksdale. “We’re excited about the rollout of a comprehensive collection strategy and the additional payment options available to patients."

MTBC will conduct a gradual roll-out of MD-Collect^®, monitoring criteria and performance, as it adds the service to its Premium Plan, a comprehensive medical billing package that requires no hardware or software purchase, and maximizes clients’ revenues and time management. Additional features include electronic prescribing—for which practices can receive a 2% bonus from Medicare—online patient scheduling, automated appointment reminder phone calls, and free, integrated EMR software.

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 MD-Collect^®, integration with a third-party EMR, online insurance eligibility verification, electronic prescribing, lab connectivity, web site scheduling for patients, and automated appointment reminders. To learn more about MTBC’s medical billing and its medical transcription services, visit www.mtbc.com.

About computer credit, inc.

Founded in 1972 and based in Winston-Salem, NC, CCI is a longstanding leader in healthcare collections for all types of provider settings across the country. Its innovative solutions resolve accounts efficiently and diplomatically. CCI imparts automated and highly effective collection disciplines fully integrated with medical billing and practice management systems. Users successfully manage their self-pay receivables with a high level of visibility and control. Automated communications promote dialogue between patient and provider while significantly impacting financial performance. MD-Collect was launched in 2005 as a proprietary web-based application of CCI, which collects on more than 5 million accounts annually. To learn more about CCI and MD-Collect, visit www.md-collect.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
jamesq@axiominc.net

MTBC
Michael Menche, VP/Marketing & Sales
(732) 873-5133 ext. 124
mmenche@mtbc.com

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