EXHIBIT 21.1

Subsidiary List of Medical Transcription Billing, Corp.

1.	MTBC Acquisition, Corp. (Delaware, US)
2.	Medical Transcription Billing, Corp. (Private) Limited
	(Pakistan)
3.	MTBC-Europe Sp. z.o.o. (Poland)
4.	RCM – MediGain India, Pvt. Ltd. (India)
5.	RCM – MediGain Colombo, Pvt. Ltd. (Sri Lanka)