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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. (Nasdaq: CCLD) has been recognized by Forbes Advisor for its user-friendly and comprehensive suite of health care technology solutions, earning a commendable 3.8 out of 5 stars rating. The cloud-based software offers financial, clinical, patient experience, and revenue cycle management tools, with specialized offerings like CareCloud Concierge and Breeze. CareCloud is highlighted for its end-to-end solution, user-friendly interface, and specialized tools, making it a top choice for medical practices aiming to enhance operations through data-driven decisions.
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CareCloud, Inc. announced that siParadigm, a visionary pathology practice, has chosen CareCloud Central to optimize operations and elevate patient care. The platform aims to enhance efficiency, streamline administrative tasks, improve billing and collections, and enhance data management, ultimately allowing siParadigm to dedicate more resources to delivering the highest quality care to patients.
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CareCloud, Inc. (Nasdaq: CCLD) announced its participation in The Arab Health Exhibition and Congress, showcasing its digital health solutions and commitment to revolutionizing healthcare. The company will feature its digital health suite, CareCloud Wellness, at the event, designed to help service providers navigate the complexities of chronic care management. With a dedicated speaker session, CareCloud aims to contribute to the discourse on telemedicine, electronic health records, AI-powered healthcare, mHealth apps, and government initiatives in the UAE's dynamic healthcare landscape.
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CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO) announced that Sleep Advantage, a provider of sleep therapy in the Seattle area, is adopting the comprehensive CareCloud Complete platform to streamline operations and enhance patient care. The move replaces their paper-based electronic health record system with CareCloud's intuitive and feature-rich solution, including CareCloud Charts and CareCloud Central. Benefits include streamlined billing and scheduling, enhanced patient care, improved efficiency, templated approach, and focus on specialty services.
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CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO) announces strategic collaboration with Kovo HealthTech Corporation to empower healthcare providers with advanced EHR, practice management, and credentialing solutions.
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CareCloud, Inc. (Nasdaq: CCLD, CCLDO, CCLDP) released an update highlighting their roadmap for future growth, including revenue growth, operational improvements, and a focus on innovative solutions. The company has suspended dividend payments on its preferred stock to stabilize liquidity and manage compliance with lender loan covenants. Despite slower top-line growth, CareCloud continues to generate positive cash flow and aims for profitability and positive free cash flow in 2024. The company expects annual revenue of approximately $117 million for fiscal year 2023.
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CareCloud, Inc. (Nasdaq: CCLD) announced that Holon Health, a healthcare provider specializing in substance use disorder (SUD) care, has selected CareCloud's talkEHR to improve patient care and operations. Founded by Dr. Traci Sweet and Jason Herzog, Holon Health aims to revolutionize SUD treatment with cutting-edge technology, reducing costs while enhancing outcomes.
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CareCloud, Inc. (Nasdaq: CCLD) has announced the suspension of monthly cash dividends for its Series A and Series B Preferred Stock, deferring approximately $1.3 million in cash dividend payments each month. The Board of Directors will regularly review the suspension.
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CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO) launches its redesigned and enhanced Therapy Solution Suite, a comprehensive web-based solution for therapy and rehabilitation practice management. The all-in-one suite aims to streamline workflows, enhance patient engagement, and boost operational and financial efficiency. Key components include CareCloud Admit for Therapy, talkEHR for Therapy, Revenue Cycle Management (RCM) for Therapy, CareCloud Remote for Therapy, CareCloud Breeze for Therapy, and Healthcare Analytics.
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CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO) appoints Justin Pierce as its new chief sales officer (CSO). Pierce brings over two decades of healthcare technology and services industry experience and aims to drive sustainable revenue growth and enhance CareCloud's position in the rapidly evolving healthcare landscape.
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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
1.55%
0.06%
Health Information Services
Services-prepackaged Software
United States of America
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