CareCloud Leadership to Discuss Use of Generative AI in Healthcare

Rhea-AI Summary

CareCloud (Nasdaq: CCLD) announced that CEO Hadi Chaudhry and President Stephen Snyder will discuss the use of generative AI in healthcare. The discussion will take place in a fireside chat on June 4, 2024, during a virtual conference hosted by Maxim Group. CareCloud serves 2,600 physician practices across the U.S., and the leadership will highlight how generative AI can enhance healthcare services and operational efficiencies. The event aims to explore AI's broader impact on the healthcare industry.

Positive

• CareCloud will be discussing the innovative use of generative AI in healthcare, potentially increasing investor interest.
• The involvement of top executives in the event emphasizes the company's dedication to leveraging advanced technologies.
• CareCloud's customer base includes 2,600 physician practices, which showcases its significant market presence.

Negative

• The press release lacks specific data on the financial impact of AI implementation.
• No detailed information on how generative AI will concretely improve healthcare services was provided.
• There is no mention of any immediate financial benefits or cost savings from using AI.

SOMERSET, N.J., June 03, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced today that Hadi Chaudhry and Stephen Snyder, CareCloud’s chief executive officer and president, will be discussing the use of generative AI in healthcare in a fireside chat on Tuesday, June 4, 2024.

The Company will be taking part in a virtual conference sponsored by Maxim Group entitled “Charting the Course: Navigating the Intersection of TMT and Business in the AI Era.” The continuous evolution of technology is paving the way for innovation across all industries, and CareCloud’s leadership will discuss how CareCloud is using generative AI to help its customers, 2,600 physician practices throughout the United States, reap the benefits of generative AI.

To register for the events or to learn more about upcoming events, please visit CareCloud's investor relations site, ir.carecloud.com/news-events/ir-calendar.

About CareCloud 

CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve patient experience. More than 40,000 providers count on CareCloud to help them improve patient care while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at www.carecloud.com.

Follow CareCloud on LinkedIn, Twitter and Facebook.

Investor Contact: 
Bill Korn 
ir@carecloud.com

FAQ

What will CareCloud discuss in their upcoming fireside chat?

CareCloud's CEO and President will discuss the use of generative AI in healthcare during the fireside chat.

When and where is CareCloud's virtual conference on AI in healthcare?

The virtual conference is on June 4, 2024, hosted by Maxim Group.

How many physician practices does CareCloud serve?

CareCloud serves 2,600 physician practices across the United States.

What is the focus of CareCloud's upcoming discussion?

The discussion will focus on how generative AI can enhance healthcare services and operational efficiencies.

What is CareCloud's stock symbol?

CareCloud's stock symbol is CCLD.