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CareCloud, Inc. 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock - CCLDO STOCK NEWS

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CareCloud, Inc. (CCLDO) is a healthcare information technology company offering cloud-based solutions and business services. With platforms like practice management, electronic health records, telehealth, patient experience management, and robotic processing automation, CareCloud empowers medical groups and health systems nationwide. Their focus on modern experience and flexible platform ensures higher performance and growth in the ever-evolving healthcare landscape.

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CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) has been recognized in the 2023 Best in KLAS report, achieving top rankings in the Small Practice Ambulatory EMR/PM category. This recognition underscores CareCloud's commitment to delivering innovative, technology-enabled solutions tailored for small medical practices. Healthcare professionals praised CareCloud for its reliability, timely updates, and effective revenue cycle management strategies that streamline processes and improve patient care. CareCloud builds on its previous recognition in 2022, showing consistent performance in providing customizable electronic health record solutions and practice management services.

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CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) announced that its medSR division will exhibit at the Becker's Hospital Review 13th Annual Meeting in Chicago from April 3-6, 2023. MedSR specializes in healthcare technology solutions, focusing on revenue cycle management and operational improvements. The vice president of medSR, Bruce Adler, will share insights on optimizing healthcare operations. CareCloud aims to support healthcare providers with technology that enhances patient care and reduces operational costs. More than 40,000 providers utilize CareCloud to improve efficiency.

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CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) will showcase its digital health solutions at the American Medical Group Association (AMGA) Annual Conference in Chicago from March 28-31, 2023. Its CareCloud Wellness platform, launched in early 2022, offers chronic care management and remote patient monitoring, helping providers reduce in-person visit burdens and boost revenue through government incentive programs. CareCloud aims to enhance care quality and patient outcomes, with services often covered by Medicare and private insurers. The AMGA conference provides a vital networking opportunity for medical executives, representing over 177,000 physicians and 142 million patients.

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CareCloud, a leader in healthcare technology, announced that CFO Bill Korn will participate in investor meetings on March 21-22, 2023, at the KeyBanc Life Sciences & MedTech Investor Forum. He will host a fireside chat on March 21, 2023, at 12:00 p.m. EDT alongside KeyBanc’s Scott Schoenhaus. Investors can view the chat via CareCloud’s investor relations site. For one-on-one meetings, interested parties should contact Lindsay Hummel at KeyBanc or CareCloud’s investor relations firm. CareCloud offers technology solutions for healthcare, aiding over 40,000 providers in improving patient care and reducing operational costs.

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CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO) announced on March 15, 2023, that the recent Silicon Valley Bank shutdown has not affected its operations. The company confirmed that the monthly dividend for the Series A and Series B Preferred Stock is funded for disbursement as scheduled. CFO Bill Korn stated that CareCloud remains fully operational and has access to its deposits despite broader financial disruptions. CareCloud provides healthcare technology solutions, helping over 40,000 providers improve patient care while reducing costs. The company continues to monitor the financial situation closely.

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CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) is launching a new continuing education unit (CEU) program aimed at healthcare providers and medical billing professionals. The program kicks off with a live webinar titled "Making Sense of Modifiers" on March 22, 2023. Participants can earn one CEU by attending, enhancing their knowledge of modifier usage in claims processing.

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CareCloud, a leader in healthcare technology solutions, announced that its medSR division will sponsor and exhibit at the ViVE 2023 conference in Nashville from March 26-29. The event brings together global experts to discuss innovations in healthcare technology, including AI and blockchain.

At booth 2503, attendees can learn about medSR's consulting services, which aim to enhance hospital operations and revenue cycle management. The division focuses on developing tailored solutions to meet clients' unique needs, ultimately fostering better health outcomes while reducing costs.

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CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) announced its participation in the Medical Practice Excellence: Financial and Operations Conference hosted by the MGMA from March 19-21 in Orlando, Florida. CareCloud will exhibit at booth 313, showcasing its technology-enabled services, including the Concierge revenue cycle management (RCM) solution. This platform aims to enhance cash flow, reduce denials, and increase revenue for healthcare providers. The MGMA conference serves as a networking and learning platform for healthcare professionals, emphasizing solutions for financial sustainability and operational efficiency.

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CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) will exhibit at the APPNA Spring Meeting from March 16-19, 2023, at the Rosen Shingle Creek Resort in Orlando, FL. APPNA supports 18,000 Pakistani-American physicians and facilitates healthcare access in underserved communities. CareCloud aims to showcase its technology-enabled solutions for optimizing practice management and enhancing patient outcomes. Attendees at booth 10 can learn how CareCloud's award-winning solutions improve revenue cycle management. Hadi Chaudhry, CareCloud's CEO, emphasized the company's commitment to supporting Pakistani-born physicians in the U.S.

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FAQ

What is the current stock price of CareCloud 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock (CCLDO)?

The current stock price of CareCloud 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock (CCLDO) is $12.459 as of November 1, 2024.

What services does CareCloud, Inc. offer?

CareCloud offers cloud-based solutions including practice management, electronic health records, telehealth, patient experience management, and robotic processing automation.

What is the focus of CareCloud's technology?

CareCloud's technology focuses on providing a modern experience and a flexible platform for medical groups and health systems.

What sets CareCloud apart from competitors?

CareCloud stands out for its award-winning design, enabling high-performing medical groups to use technology effectively in the new medical economy.

How does CareCloud support patient health?

CareCloud's solutions enable medical professionals to dedicate more time to patient health and deliver an excellent patient experience.

What is the key revenue generating segment of CareCloud?

The key revenue generating segment of CareCloud is Healthcare IT, offering a suite of cloud-based solutions and related services.

How can I contact CareCloud for more information?

For more information or inquiries, you can reach out to Norman Roth, the Interim Chief Financial Officer and Corporate Controller, or Bill Korn, the Investor Contact, at ir@carecloud.com.

Where can I follow CareCloud for updates?

Stay updated on CareCloud by following them on LinkedIn, Twitter, and Facebook.

What are the complementary software tools offered by CareCloud?

In addition to their core platforms, CareCloud provides revenue cycle management, healthcare consulting, implementation services, and on-demand workforce staffing capabilities.

How does CareCloud contribute to the healthcare industry?

CareCloud contributes to the healthcare industry by providing innovative cloud-based solutions that enhance performance and growth for medical groups and health systems.

What is the mission of CareCloud?

CareCloud is dedicated to providing physicians and patients with high levels of flexibility, security, and reliability through their advanced cloud technology solutions.

CareCloud, Inc. 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock

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