MTBC Completes Acquisition of Advanced Physicians Billing

MTBC announced today that it has successfully completed the transition of all medical practices from Advanced Physicians Billing, Inc. (APB), a medical billing company based in Miami, Florida.

APB had been providing medical billing services to physicians throughout the state of Florida for over 23 years. And now, APB’s clients receive the unparalleled service and practice management solutions provided by MTBC, giving them total accessibility to real-time information and the ability to manage their practices more efficiently, as well as increased and faster collections.

MTBC, with corporate offices located in Somerset, New Jersey, has developed a unique proprietary practice management system by leveraging state-of-the-art technology with smart business practices and systems, which it provides to physicians throughout the country. MTBC’s system includes a fully-integrated electronic medical records (EMR) program, which it makes available to its clients free of charge, as well as on-line access to patient and billing information, patient scheduling, and automatic and on-demand insurance and Medicaid eligibility verification.

Unlike its competition, MTBC provides 4% medical billing to practices of all sizes and specialties. This service includes full charge entry, payment posting, follow-up, patient billing, answering of patient calls, as well as the entire host of MTBC online tools and services. In addition, MTBC clients qualify to receive its Medical Transcription service for only $.04 per line and free EMR.

David Rosenblum, president of MTBC, says that “Our practice management system provides comprehensive practice management services to physicians at a price that our competitors simply cannot match. This acquisition enables us to expand our existing client base in Florida and the southeast. The acquisition of APB, together with MTBC’s investment in EMR and other technologies, reflects our unique ability to provide a broad range of services and technology solutions to physicians across the country.”