MTBC -The 4% Medical Billing Company- Announces Launch Date for New Integrated EMR Program

SOMERSET, N.J.--(BUSINESS WIRE)--June 16, 2004--Medical Transcription Billing, Corp. ( www.mtbc.com), a leading medical services company, which is well known for its 4% medical billing, has announced that it will launch a fully integrated, Internet accessible Electronic Medical Records ("EMR") program as an addition to its already extensive array of medical billing and practice management services. The new EMR module will be available in the fourth quarter of this year.

"EMR software is no longer a luxury for a physician's office; it is now a necessity," explains MTBC's President, David Rosenblum. "Although MTBC has established relationships with a number of EMR companies and can interface with any EMR program, we have determined to build an EMR program into our billing system at the request of our clients. The EMR module will give physicians even greater control over the operation and management of their practice and will put MTBC even farther ahead of the competition."

"MTBC's 4-for-4 plan offers physicians a complete practice management solution," explains MTBC's President, David Rosenblum. "The 4-for-4 plan includes comprehensive billing and patient management features which will help the physician spend more time with patients and less time with paperwork."

MTBC's next generation EMR program will synchronize with MTBC's on-line scheduler and real-time medical billing software. With MTBC's current 4% medical billing and practice management services, a physician has unprecedented access to patient and billing information from any web-ready computer. The EMR program will provide complete HIPAA compliance as well as accessibility from any Internet ready device, including PDAs, tablet PCs, and standard laptop and desktop computers. It will be offered to MTBC's medical billing clients at no additional cost.

Among the unique features of MTBC's new software program will be the ability to forecast expected payments based on a physician's previous billing experience and predict the amount collected for each billed claim. The EMR program, together with MTBC's current online features, will uniquely position MTBC at the forefront of technological advances in the realm of healthcare services dedicated to the management of small and solo medical practices.

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