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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.

News

CareCloud Financial & Operational Update

Rhea-AI Summary
CareCloud reaffirms its fiscal year 2023 guidance with expected revenue of $120-122 million and adjusted EBITDA of $15-17 million. The company highlights its stable core business, contract wins, and advancements in AI technology as a solid foundation for future growth. CareCloud emphasizes its stable financial position with a $25 million line of credit and consistent dividend payments. Overall, CareCloud is well-positioned for success in the healthcare technology sector.
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CareCloud and Delaney Radiology Celebrate 10-Year Transformative Partnership

Rhea-AI Summary
CareCloud celebrates a 10-year partnership with Delaney Radiology, highlighting the benefits of their release of information program. The program has streamlined medical records processes, saving time and labor costs for Delaney Radiology. CareCloud's ROI division handles all aspects of medical records requests, allowing Delaney Radiology's staff to focus on core responsibilities. The program incurs no costs for the healthcare practice and reduces risk exposure for protected health information. Delaney Radiology expresses satisfaction and recommends CareCloud to others.
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CareCloud and U.S. Physiatry Forge Stronger Partnership for Enhanced Healthcare Services

Rhea-AI Summary
CareCloud highlights strategic partnership with U.S. Physiatry, resulting in improved healthcare services and optimized operations. USP relies on CareCloud's technology-enabled RCM services. Partnership has led to efficient billing and collections, streamlined operations, record patient collections, industry expertise, and technological advancements. Collaboration has improved communication, RCM processes, and efficiency for USP. Shared commitment to high-quality healthcare services and operational efficiencies.
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CareCloud to Participate in Upcoming Investor Conferences

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CareCloud's chief strategy officer and chief financial officer will be presenting at upcoming investor conferences, providing insights into the company's financial performance and strategic advancements.
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CareCloud to Exhibit at HBMA's 2023 Fall Revenue Cycle Management Conference

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CareCloud, Inc. announces participation in HBMA 2023 Fall Revenue Cycle Management Conference, showcasing its RCM solutions and workforce extension service, CareCloud Force.
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CareCloud Empowers Sympathy Health Clinic with Comprehensive Telehealth Solution to Enhance Patient Care

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CareCloud successfully integrates talkEHR platform at Sympathy Health Clinic, enhancing patient care and practice management capabilities.
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CareCloud Announced as Sponsor of the 7th Annual Gulfcoast Orthopaedic Rehabilitation Conference

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CareCloud sponsors the 7th Annual Gulfcoast Orthopaedic Rehabilitation Conference, emphasizing their commitment to driving innovation in healthcare technology and improving patient outcomes.
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CareCloud's Karl Johnson to Share Insights on Implementing Workforce Extension in Revenue Cycle Management at Becker's Health IT + Digital Health + RCM Event

Rhea-AI Summary
CareCloud president Karl Johnson to present at Becker's Health IT + Digital Health + RCM event on workforce extension in revenue cycle management
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CareCloud CEO Hadi Chaudhry Named One of the Top 10 Most Influential HealthTech Leaders of 2023 by Mirror Review

Rhea-AI Summary
CareCloud's president and CEO, Hadi Chaudhry, has been recognized as one of the Top 10 Most Influential HealthTech Leaders of 2023 by Mirror Review. This validates CareCloud's commitment to driving innovation and positive change in the healthcare technology industry.
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CareCloud to Host Investor Meetings at the Sidoti Virtual Investor Conference

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CareCloud, Inc. (Nasdaq: CCLD, CCLDO, CCLDP) announced that its Chief Strategy Officer and Chief Financial Officer will be participating in the Sidoti Virtual Investor Conference on August 16-17, 2023. They will present on August 17 at 10:45 a.m. EDT and will be available for one-on-one meetings. Investors can contact Bridget Forde at CareCloudIR@westwicke.com to arrange a meeting. The presentation replay will be available on CareCloud’s investor relations site at ir.carecloud.com/events.
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FAQ

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

The current stock price of CareCloud (CCLD) is $2.32 as of October 31, 2024.

What is the market cap of CareCloud (CCLD)?

The market cap of CareCloud (CCLD) is approximately 37.3M.

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.

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CareCloud, Inc.

Nasdaq:CCLD

CCLD Rankings

#5004 Ranked by Market Cap
N/A Ranked by Dividends

CCLD Stock Data

37.29M
16.21M
47.32%
10.55%
0.38%
Health Information Services
Services-prepackaged Software
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United States of America
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