CareCloud Inc

CareCloud, Inc. operates as a healthcare information technology (IT) company. engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. It operates through the following segments: Healthcare IT and Practice Management. The Healthcare IT offers proprietary web-based suite of services such as practice management applications, certified electronic health records solution, revenue cycle management services and mobile health applications. The Practice management segment offers medical practices as well as telemedicine, management, bill-paying and financial advisory services. The company was founded by Mahmud Haq in 1999 and is headquartered in Somerset, NJ.

Earnings data Q1 2021

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CareCloud Inc achieves positive Q2 results, eyes growth opportunities

CareCloud Inc's Q2 2024 performance marked a positive financial turnaround with growth potential and stability.
Focus on revenue expansion, innovative AI solutions, and strategic growth strategies position the company for future success.
While facing revenue challenges and competition, CareCloud has opportunities to drive growth through client initiatives and partnerships.
Maintaining financial health, operational efficiency, and executing growth strategies will be key to CareCloud's continued success.

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CareCloud, Inc. is a healthcare information technology company, which engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. It operates through the Healthcare IT and Practice Management segments. The Healthcare IT segment offers a proprietary web-based suite of services such as practice management applications, certified electronic health records solutions, revenue cycle management services and mobile health applications. The Practice Management segment provides medical practices as well as telemedicine, management, bill-paying and financial advisory services. The company was founded by Mahmud Haq in 1999 and is headquartered in Somerset, NJ.

CareCloud, Inc.

SOMERSET, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced Susan Donovan, a highly experienced psychiatric mental health nurse practitioner, has selected CareCloud's renowned revenue cycle management solution, Concierge, integrated with their electronic health record solution, Charts, for her upcoming practice, Speak Your Mind. The practice is scheduled to open its doors in Connecticut this December.

CareCloud Announces Selection of Concierge and Charts for Speak Your Mind Clinic in Connecticut

SOMERSET, N.J., Oct. 24, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology services for medical practices and health systems nationwide, today announced it's medSR division's participation at Becker's highly-anticipated 11th Annual CEO + CFO Roundtable event. Taking place November 13-16, 2023, at the Hyatt Place Regency in Chicago, this event will bring together an elite group of chief executive officers, chief financial officers, and healthcare executives from top hospitals and health systems. CareCloud's medSR division will be exhibiting in booth 404, where they will highlight their healthcare IT consulting and implementation services.

CareCloud's medSR Division to Exhibit in Booth 404 at Becker's 11th Annual CEO + CFO Roundtable

SOMERSET, N.J., Oct. 23, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced Biotic, a specialty HomeHealth provider focusing on wound care management, has joined the growing list of healthcare professionals utilizing the comprehensive talkEHR platform. This all-inclusive solution will enable Biotic, led by Bunmi Sanwoola, to streamline her practice and provide top-quality care to her patients.

CareCloud Welcomes Specialty HomeHealth Provider, Biotic, to the talkEHR Family

SOMERSET, N.J., Oct. 19, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology solutions for medical practices and health systems nationwide, is set to unveil its financial results for the third quarter, concluding on September 30, 2023, before the market opens on Thursday, November 2, 2023. The company will be complementing this announcement with a conference call designed for investors, commencing at 8:30 a.m. Eastern Time.

CareCloud to Announce Third Quarter 2023 Results on November 2, 2023

SOMERSET, N.J., Oct. 18, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for outpatient practices nationwide, today announced the launch of the first three features of CirrusAI, its innovative generative AI platform. CirrusAI is designed to serve as a digital healthcare assistant, helping to enhance clinical decision-making, streamline workflows, reduce administrative burdens, optimize revenue management, and promote patient-centered care.

CareCloud Unveils CirrusAI: An Innovative Generative AI Solution for Healthcare

SOMERSET, N.J., Oct. 17, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced a major credentialing partnership with a large, publicly-traded U.S. corporation that stands as a frontrunner in the healthcare technology sector (referred to as "the Company”).

CareCloud Announces Major Credentialing Partnership with Leading Healthcare Technology Company

SOMERSET, N.J., Oct. 10, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced its recent recognition as the Summer 2023 Market Leader for Medical Practice Management Software. Additionally, the company has been honored with a 2023 Top Rated Software Award from featuredcustomers.com.

CareCloud Named Summer 2023 Market Leader for Medical Practice Management Software and Receives 2023 Top Rated Software Award from FeaturedCustomers.com

SOMERSET, N.J., Oct. 09, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in health care technology solutions for medical practices and health systems nationwide, today announced that it will be exhibiting alongside its medSR division at the MGMA Leaders Conference, October 22-25, 2023, in Nashville, TN. The event is a dynamic platform for medical practice leaders, and CareCloud will be exhibiting alongside its medSR division at booth 1107.

CareCloud and medSR to Showcase Innovative Health Care Technology Solutions at MGMA Leaders Conference 2023

SOMERSET, N.J., Oct. 05, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced its partnership with Eastside Counseling Center, a reputable behavioral mental health practice serving the Kirkland, Washington, community. Eastside Counseling Center has selected CareCloud's technology-enabled revenue cycle management (RCM) services to optimize billing processes, from front to back office, and collections, all while seamlessly integrating with their existing platform.

Mental Health Practice, Eastside Counseling Center, Chooses CareCloud for Streamlined RCM Services

SOMERSET, N.J., Oct. 03, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology services for medical practices and health systems nationwide, today announced its medSR division recently completed the successful implementation of MEDITECH Expanse, a comprehensive electronic health record (EHR) system, for Doctors Hospital Health System.

CareCloud's medSR Division Successfully Implements MEDITECH Expanse EHR at Doctors Hospital Bahamas, Enhancing Patient Care and Data Resilience

SOMERSET, N.J., Sept. 27, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology services for medical practices and health systems nationwide, today announced its medSR division has recently secured a significant technology transformation project through its selection by Citizens Medical Center in Victoria, Texas, to spearhead a vital MEDITECH Expanse installation.

CareCloud's medSR Division Selected by Citizens Medical Center for Vital MEDITECH Expanse Installation

SOMERSET, N.J., Sept. 26, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced its technology-enabled revenue cycle management (RCM) and electronic health record (EHR) solutions have been reviewed by Business.com and recognized as the "Best Medical Software for Large Practices."

CareCloud's RCM and EHR Solutions Named Best Medical Software for Large Practices by Business.com

SOMERSET, N.J., Sept. 21, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced its participation at Google's ChromeOS Partner Summit: Solution Showcase, taking place in New York on October 18, 2023.

CareCloud to Showcase Groundbreaking Generative AI Solution at Google's ChromeOS Partner Summit: Solution Showcase

SOMERSET, N.J., Sept. 20, 2023 (GLOBE NEWSWIRE) -- CareCloud , Inc. (the “Company” or “CareCloud”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology solutions for medical practices and health systems nationwide, has released a financial and operational update, highlighting its continued success and commitment to growth:

CareCloud Financial & Operational Update

SOMERSET, N.J., Sept. 19, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, commemorates a decade-long partnership with Delaney Radiology and the indispensable role played by CareCloud's release of information (ROI) program throughout the past 10 years. This enduring collaboration has helped transform Delaney Radiology's operations, empowering them to streamline their medical records processes and channel their resources towards providing unparalleled patient care.

CareCloud and Delaney Radiology Celebrate 10-Year Transformative Partnership

SOMERSET, N.J., Sept. 14, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in health care technology solutions for medical practices and health systems nationwide, is pleased to highlight its strategic partnership with U.S. Physiatry (USP), a prominent physiatry service provider operating in 20 U.S. states. This collaborative alliance, in effect since 2016, has recently seen remarkable growth and improvements, resulting in enhanced healthcare services for patients and optimized operations for both organizations.

CareCloud and U.S. Physiatry Forge Stronger Partnership for Enhanced Healthcare Services

SOMERSET, N.J., Sept. 06, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced today its chief strategy officer, Bill Korn, and chief financial officer, Larry Steenvoorden, will be participating and presenting at a series of upcoming investor conferences. These events offer valuable opportunities for investors and stakeholders to gain crucial insights into the company's financial performance and strategic advancements. Below are the presentation details at each of the conferences:

CareCloud to Participate in Upcoming Investor Conferences

SOMERSET, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced its participation in the upcoming Healthcare Business Management Association (HBMA) 2023 Fall Revenue Cycle Management Conference. This milestone event, commemorating HBMA's 30th year anniversary, will be held Sept. 26-28, 2023, at the JW Marriott in Indianapolis, IN.

CareCloud to Exhibit at HBMA's 2023 Fall Revenue Cycle Management Conference

SOMERSET, N.J., Aug. 29, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced the successful integration of its talkEHR platform at Sympathy Health Clinic in Las Vegas. This integration stands as a significant leap forward in enhancing the clinic's patient care and practice management capabilities.

CareCloud Empowers Sympathy Health Clinic with Comprehensive Telehealth Solution to Enhance Patient Care

SOMERSET, N.J., Aug. 23, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in health care technology solutions for medical practices and health systems nationwide, today announced its sponsorship of the 7th Annual Gulfcoast Orthopaedic Rehabilitation Conference, set to take place on August 26, 2023, in Sarasota, Florida. This event gathers orthopaedic surgeons, physical therapists, and occupational therapists in an interactive platform aimed at fostering education, collaboration, and advancements in orthopaedic rehabilitation.

CareCloud Announced as Sponsor of the 7th Annual Gulfcoast Orthopaedic Rehabilitation Conference

SOMERSET, N.J., Aug. 22, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that Karl Johnson, president of CareCloud Force, a CareCloud division specializing in workforce augmentation, will be presenting on "Best Practices for Implementing Workforce Extension in Revenue Cycle Management" at the upcoming Becker's Health IT + Digital Health + RCM event. The event is scheduled to take place from October 3 to 6, 2023, at the iconic Navy Pier in Chicago.

CareCloud's Karl Johnson to Share Insights on Implementing Workforce Extension in Revenue Cycle Management at Becker's Health IT + Digital Health + RCM Event

SOMERSET, N.J., Aug. 14, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that its president and chief executive officer, Hadi Chaudhry, has been recognized as one of the Top 10 Most Influential HealthTech Leaders of 2023 by Mirror Review, a prestigious technology magazine.

CareCloud CEO Hadi Chaudhry Named One of the Top 10 Most Influential HealthTech Leaders of 2023 by Mirror Review

SOMERSET, N.J., Aug. 10, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced today that Bill Korn, Chief Strategy Officer and Larry Steenvoorden, Chief Financial Officer will be participating in the Sidoti Virtual Investor Conference, taking place on Wednesday, August 16, 2023 and Thursday, August 17, 2023, including a presentation on Thursday, August 17, 2023 at 10:45 a.m. EDT. They will also be available for one-on-one meetings to discuss CareCloud's strategy and business performance both days.

CareCloud to Host Investor Meetings at the Sidoti Virtual Investor Conference

SOMERSET, N.J., Aug. 09, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced Alternative Integrative Medicine Alternative Integrative Medicine (A.I.M. Health), an ambulatory care facility in Rhode Island specializing in pain management through complementary and alternative medicine (CAM) care, has chosen CareCloud's technology-enabled revenue cycle management. A.I.M. Health has also embraced integrable cutting-edge solutions offered through CareCloud's renowned talkEHR suite that are designed to revolutionize their entire RCM process, optimize operational efficiency, and elevate their patient experience to new heights.

A.I.M. Health Selects CareCloud to Enhance Patient Experience and Expand Reach

CareCloud, Inc. (NASDAQ:CCLD ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Kimberly Blanche - General Counsel and Vice President of Compliance Hadi Chaudhry - President and Chief Executive Officer Larry Steenvoorden - Chief Financial Officer Mahmud Haq - Founder and Executive Chairman Dwight Garvin - Executive Vice President and Chief Operating Officer for medSR Conference Call Participants Jeffery Cohen - Ladenburg Thalmann & Co Derek Greenberg - Maxim Group LLC Operator Welcome to the CareCloud, Inc. Second Quarter 2023 Results Conference Call. At this time, all participants are in a listen-only mode.

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