MTBC Announces Initiative and Special Offer to Promote Electronic Prescribing of Controlled Substances

SOMERSET, N.J., Dec. 7, 2015 (GLOBE NEWSWIRE) -- MTBC (NASDAQ:MTBC), a leading provider of proprietary, web-based electronic health records, practice management and mHealth solutions today announces its initiative to support electronic prescribing, which includes its fully integrated solution – web-based EHR, PM system, integrated electronic prescribing of controlled and non-controlled substances, and full service medical billing – for only 2.5% of collections.

"While industry estimates indicate that the majority of prescriptions for non-controlled substances are now issued electronically, more than 90% of prescriptions issued for controlled substances continue to be paper-based," said Shruti Patel, Esq., MTBC's Associate General Counsel and Compliance Director. She continued, "Electronic prescribing helps reduce fraud and prevent prescription drug abuse, so we applaud New York – which has mandated that all prescriptions must be issued electronically beginning March 27, 2016 – and other states that are moving closer to requiring electronic prescribing."

In support of the initiative to promote full electronic prescribing, MTBC is offering new providers who sign-up with MTBC by January 31, 2016 the following, for only 2.5% of collections, subject to terms and conditions:

• MTBC's highly ranked, web-based, meaningful use stage 2 certified EHR;
• mHealth app and EHR-based electronic prescribing of controlled and non-controlled substances;
• Fully integrated practice management system with real-time eligibility and deductible details; and
• Business intelligence and reporting module, patient portal, automated patient communications, and much more.

MTBC is a Surescripts® White Coat certified provider of electronic prescribing solutions to healthcare providers throughout the United States and provides controlled substances electronic prescribing through its integration with EPCS Gold 2.0 by DrFirst®.

To learn more about MTBC, please visit www.mtbc.com.

About MTBC

MTBC (Medical Transcription Billing, Corp) is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers, revenue cycle management companies and software vendors throughout the U.S. For additional information, please visit MTBC's website at www.mtbc.com.

CONTACT: Amritpal Deol,
         Vice President and General Counsel
         MTBC
         adeol@mtbc.com
         Telephone: (732) 873-5133 x 141

Released December 7, 2015