MTBC Announces Addition of Leading New England based Sports Medicine Group

SOMERSET, NJ -- (Marketwired) -- 06/15/17 -- MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP), a provider of mHealth and cloud-based clinical and practice management solutions, announced the signing of a leading sports medicine group based in New England, which will be leveraging the companies' revenue cycle management solution beginning on or about July 1, 2017.

"We're very pleased to welcome our new client, a large and growing sports medicine group with more than 35 providers -- physical therapists, clinicians, occupational therapists, and trainers -- and 6 offices, which is a healthcare leader in the New England region," said Karl Johnson, MTBC SVP, Sales and Marketing. He added, "We look forward to helping our new client streamline workflows, while optimizing physical therapy collections and reducing its operating costs."

Steve Tate, MTBC Director of Business Development, echoed Johnson's sentiments and stated, "We look forward to adding value in our new relationship." In discussing the company's broader business development efforts, he explained, "We've launched four new cross-marketing relationships with industry leaders since the beginning of 2017 and are hopeful that these new partnerships will generate many new client opportunities in the months and years to come."

The company's new sports medicine group client contracted through MTBC's subsidiary, MediGain Practice Management. The client will be leveraging the company's end-to-end revenue cycle management solution for its physical therapy group, together with related value added solutions.

About MTBC

MTBC 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 throughout the United States. Our integrated Software-as-a-Service (SaaS) platform helps our customers increase revenues, streamline workflows and make better business and clinical decisions, while reducing administrative burdens and operating costs. MTBC's common stock trades on the NASDAQ Capital Market under the ticker symbol "MTBC," and its Series A Preferred Stock trades on the NASDAQ Capital Market under the ticker symbol "MTBCP."

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SOURCE MTBC

Company and Investor Contact:
Bill Korn
Chief Financial Officer
Medical Transcription Billing, Corp.
bkorn@mtbc.com
732-873-5133

Source: Medical Transcription Billing, Corp.

Released June 15, 2017