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CareCloud, Inc. - CCLD STOCK NEWS

Welcome to our dedicated page for CareCloud news (Ticker: CCLD), a resource for investors and traders seeking the latest updates and insights on CareCloud stock.

CareCloud, Inc. (CCLD) is a leading healthcare information technology company specializing in delivering innovative, cloud-based solutions tailored for high-growth medical groups. Recognized for its award-winning design, CareCloud's technology empowers medical professionals to enhance patient care while optimizing operational efficiency.

CareCloud offers a comprehensive suite of proprietary Software-as-a-Service (SaaS) platforms, including practice management (PM), electronic health records (EHR), business intelligence, telehealth, and patient experience management (PXM) solutions. Additionally, the company provides robotic process automation (RPA) bots, and complementary business services such as revenue cycle management (RCM), healthcare consulting, implementation services, and on-demand workforce staffing capabilities. These tools are designed to support high-performance medical groups and health systems across the nation.

As an early leader in healthcare cloud computing, CareCloud is committed to ensuring the highest levels of flexibility, security, and reliability for both physicians and patients. The company's modern and intuitive platform allows medical practices to focus on what matters most: patient health and delivering an exceptional patient experience.

CareCloud's core operating segments include Healthcare IT, which is the primary revenue driver, and Practice Management. The company's cloud platform provides medical groups with the essential tools they need to succeed in today's competitive medical economy.

Recent achievements include expanding its technological capabilities and forming strategic partnerships to enhance service offerings. CareCloud consistently updates its solutions to meet the evolving needs of the healthcare industry.

Follow CareCloud's latest news and updates on their official LinkedIn, Twitter, and Facebook pages.

For investor inquiries, contact Bill Korn at ir@carecloud.com.

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CareCloud announces financial and operational results for Q1 2023, with revenue of $30.0 million and adjusted net income of $2.4 million. The company experienced a decrease in revenue due to the migration of two large clients. CareCloud reiterates forward-looking guidance for 2023, with revenue expected to be $142-$146 million and adjusted EBITDA expected to be $24-$27 million.
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CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) recently received a favorable review from business.com for its electronic health record (EHR) system, Charts, scoring an impressive 8.9 out of 10.

The review praised Charts for its user-friendly interface, robust reporting and analytics, and high level of customization. CareCloud aims to empower healthcare providers with technology that enhances patient care and operational efficiency. The company offers various innovative solutions to improve medical practice management, including revenue cycle management (RCM).

CareCloud's EHR and technology-enabled services aim to streamline operations and boost financial performance for over 40,000 providers nationwide.

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CareCloud (Nasdaq: CCLD, CCLDO, CCLDP) is set to announce its financial results for the first quarter ended March 31, 2023, on May 4, 2023, before the market opens. An investor conference call will follow at 8:30 a.m. Eastern Time, with live access available via webcast. Investors can also utilize an audio-only option by calling 416-764-8658. A replay of the call will be available within an hour after its conclusion.

CareCloud specializes in healthcare technology solutions, offering services like revenue cycle management and electronic health records to improve operational performance and patient care. Over 40,000 providers use CareCloud’s solutions to streamline workflows and reduce administrative costs. For further details on their products, visit www.carecloud.com.

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FAQ

What is the current stock price of CareCloud (CCLD)?

The current stock price of CareCloud (CCLD) is $3.95 as of December 24, 2024.

What is the market cap of CareCloud (CCLD)?

The market cap of CareCloud (CCLD) is approximately 64.2M.

What does CareCloud, Inc. specialize in?

CareCloud, Inc. specializes in providing cloud-based healthcare information technology solutions for high-growth medical groups.

What services does CareCloud offer?

CareCloud offers services including practice management, electronic health records, business intelligence, telehealth, patient experience management, robotic process automation, revenue cycle management, healthcare consulting, implementation, and on-demand workforce staffing.

What are the core operating segments of CareCloud?

The core operating segments of CareCloud are Healthcare IT, which generates the most revenue, and Practice Management.

How does CareCloud support healthcare providers?

CareCloud supports healthcare providers by offering flexible, secure, and reliable cloud-based platforms that help improve patient care and operational efficiency.

What recent achievements has CareCloud made?

CareCloud has expanded its technological capabilities and formed strategic partnerships to enhance its service offerings.

Where can I follow CareCloud's latest updates?

You can follow CareCloud's latest updates on their LinkedIn, Twitter, and Facebook pages.

Who can I contact for investor inquiries at CareCloud?

For investor inquiries, you can contact Bill Korn at ir@carecloud.com.

What makes CareCloud's platform unique?

CareCloud's platform is unique due to its award-winning, intuitive design that allows medical practices to focus more on patient care and less on administrative tasks.

What is CareCloud's commitment to security?

CareCloud is committed to providing the highest levels of security and reliability for both physicians and patients through its cloud-based solutions.

How does CareCloud enhance patient experience?

CareCloud enhances patient experience through its modern, flexible, and secure technology platforms that help medical practices deliver better care and improved patient satisfaction.

CareCloud, Inc.

Nasdaq:CCLD

CCLD Rankings

CCLD Stock Data

64.21M
8.54M
47.32%
10.83%
0.31%
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United States of America
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