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Dec 20, 2018

MTBC Announces MACRA-MIPS Certification for talkEHR

SOMERSET, N.J., Dec. 20, 2018 (GLOBE NEWSWIRE) -- MTBC (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of proprietary, cloud-based healthcare IT and practice management solutions today announced that its proprietary electronic health records (EHR) software, talkEHR™ is ONC-ACB Healthcare IT (HIT) certified to support the Medicare Access and CHIP Reauthorization Act (MACRA) Medicare Incentive Payment System (MIPS) reporting requirement.

MTBC launched talkEHR in June 2017 as an answer to the deficit in the market for an intuitive web-based EHR solution, which can help to automate certain patient charting procedures. Designed for efficiency and optimized performance, talkEHR features cutting-edge technology through AngularJS 2.0 and ASP.NET MVC framework. talkEHR offers intelligent voice control, a virtual assistant powered by artificial intelligence, as well as a suite of integrated solutions designed to help clinicians to efficiently run their practice. Features include integrated billing and practice management, real-time insurance eligibility, automated reminders, online patient scheduling, third-party claim submission, and smartphone and tablet apps for both clinicians and their patients. talkEHR is also integrated with MTBC’s blockchain network, allowing providers to seamlessly share patient data across EHR platforms at the patient’s request.

This MACRA-MIPS certification is only the most recent ONC-ACB HIT certification that talkEHR has received. “MTBC continually works to keep its EHR solution on the leading edge with the latest technology developments, reporting requirements, and market demands while always keeping providers’ interests for their practices at the forefront,” said A. Hadi Chaudhry, MTBC President. “The MACRA-MIPS certification is another example of MTBC’s efforts to maximize its clients’ efficiency and revenue, solidifying talkEHR’s place as a top EHR solution,” continued Chaudhry.

MTBC offers talkEHR free of cost to providers. Healthcare providers interested in learning more can visit www.talkEHR.com for additional information.

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. 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." For additional information, please visit our website at www.mtbc.com.

Forward-Looking Statements

This release contains various forward-looking statements within the meaning of the federal securities laws. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "might," "will," "should," "intends," "expects," "plans," "goals," "projects," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these terms or other comparable terminology.

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this release include, without limitation, statements reflecting management's expectations for future sales, partnerships, expected growth, and increased sales and marketing. Nothing discussed in this release is anticipated to have a material impact on the Company’s current year financial statements.

These forward-looking statements are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to: the Company's ability to manage growth; the parties’ ability to cross-market and cross-sell their solutions; the longevity of the partnership discussed in this release; and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company's filings with the Securities and Exchange Commission.

The statements in this press release are made as of the date hereof, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

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SOURCE MTBC

Investor Contact:
Bill Korn
Chief Financial Officer
bkorn@mtbc.com
(732) 873-5133

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