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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, Inc. will announce its first-quarter 2024 financial results on May 14, 2024. The company is a prominent provider of healthcare technology solutions in the medical industry. The results will be disclosed before the market opens, followed by an investor conference call at 8:30 a.m. Eastern Time. Interested parties can access the live webcast and presentation slides on the company's investor relations website. A replay will also be available shortly after the call.
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CareCloud, Inc. will showcase its cutting-edge healthcare technology solutions at the 2024 Kansas MGMA Conference. The company aims to transform revenue cycle management and enhance patient engagement in the healthcare industry. Key highlights include CareCloud Concierge, a technology-enabled RCM solution, and CareCloud's cirrusAI Notes, a healthcare documentation tool. Crystal Williams, VP Client Operations, invites attendees to explore their innovative products.
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CareCloud, Inc. announces medSR division's participation at Becker’s Annual Conference to showcase healthcare IT consulting services. Dwight Garvin highlights the importance of technological advancements in healthcare for superior patient care.
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CareCloud, Inc. has been awarded Best Medical Billing Software of 2024 by SelectHub, with their product CareCloud Central receiving an exceptional analyst rating of 96. The company also won awards for 'Best Overall' and 'Best for Medical Coding' categories, solidifying its leadership in the healthcare technology sector.
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CareCloud, Inc. announces that Jersey Hydreight has chosen CareCloud’s talkUltimate to enhance patient experience and streamline administrative processes. Hydreight, a provider of medical treatments, selected talkUltimate for its integrated suite of RCM, EHR, and PM solutions. The decision was driven by the need to address financial and operational challenges effectively.
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CareCloud, Inc. reported financial results for 2023, highlighting a revenue decline to $117.1 million, a net loss of $48.7 million, and adjusted EBITDA of $15.4 million. The company aims to enhance liquidity through cost reductions, with an anticipated $18 million improvement in free cash flow. Despite challenges, CareCloud looks to leverage AI for operational efficiency and competitive edge. The Board suspended dividends for Series A and B Preferred Stock but plans to review profitability to potentially resume payments. CareCloud forecasts revenue of $118-$120 million and adjusted EBITDA of $21-$23 million for 2024.
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CareCloud, Inc. announces participation in the HIMSS Global Health Conference and Exhibition to showcase its AI-powered healthcare solutions, including CareCloud cirrusAI Notes. The company aims to revolutionize healthcare documentation and improve workflow efficiency for medical practices.
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CareCloud, Inc. to announce Q4 and full-year 2023 financial results on March 21, 2024. Investors can join the conference call or webcast for insights.
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CareCloud, Inc. (Nasdaq: CCLD) announces participation in ViVE 2024, showcasing cutting-edge solutions like CareCloud Force and Concierge-RCM service. The event aims to explore the future of digital health with over 9,000 attendees, focusing on AI-powered healthcare, EHR, health apps, and telemedicine.
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CareCloud, Inc. announces the integration of Pediatric Associates of Dayton into the Dayton Children’s Hospital network. CareCloud will continue to manage non-medical operations, aiming for enhanced services and improved reimbursement rates. The move aligns with the company's focus on industry consolidation and the advancement of the healthcare industry. CareCloud emphasizes its commitment to providing continued service to Pediatric Associates of Dayton.
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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
Nasdaq:CCLDO
CCLDO Rankings
CCLDO Stock Data
1.48M
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Health Information Services
Services-prepackaged Software
United States of America
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