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Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) is a leading global provider of secure, digital cloud faxing and interoperable digital cloud technology solutions. Founded over 20 years ago, Consensus has evolved from offering simple digital documents to advanced healthcare-standard HL7/FHIR solutions for HIPAA-secure data transport. The company employs cutting-edge natural language processing (NLP) and artificial intelligence (AI) to transform unstructured documents into meaningful structured data.
Consensus Cloud Solutions provides a comprehensive interoperability suite that includes real-time event notifications, on-demand patient queries, direct secure messaging, universal APIs, electronic signatures, and HITRUST CSF® certified digital cloud faxing. Additionally, the company's top-tier solutions optimize workflows within a unified digital environment, enhancing productivity and information accuracy.
Recently, Consensus launched Clarity Clinical Documentation™ (Clarity CD™), a solution that automatically routes unstructured clinical data from various sources into the correct patient records. Leveraging NLP and AI, Clarity CD populates key patient demographics into structured Continuity of Care Documents (CCDs) and integrates seamlessly with existing systems via Direct Secure Messaging. This innovation supports healthcare providers by improving data accuracy, reducing staff workload, and securing patient information.
At the 2024 HIMSS conference, Consensus will showcase its advanced solutions, including eFax Corporate® and Consensus Clarity, which enhance workflows by converting unstructured data into structured content ready for direct processing into Electronic Health Records (EHRs). The company's presence at the conference underscores its commitment to modernizing fax workflows and enhancing healthcare communication.
Consensus Cloud Solutions generates significant revenue from the United States and serves a diverse array of industries, including healthcare, finance, insurance, real estate, and manufacturing, as well as state and federal government entities. By facilitating secure information delivery through its scalable Software-as-a-Service (SaaS) platform, Consensus empowers organizations to efficiently access, exchange, and utilize information across various boundaries.
For more information, visit consensus.com or follow @ConsensusCS on Twitter.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) will participate in the Oppenheimer 25th Annual Technology Internet & Communications Conference on August 10, 2022. The virtual presentation is scheduled for 2:55-3:35 PM ET.
Consensus, a leader in digital cloud transmission and interoperability, offers various solutions, including eFax Corporate and Consensus Signal, aimed at enhancing healthcare communications. For more details, visit consensus.com.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced a live audio Webcast for its first investor call on August 9, 2022, at 5:00 p.m. ET. Key executives, including CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone, will present Q2 2022 financial results and discuss business updates. Investors can join the call via a dedicated link or phone. The session will include a live Q&A. For more details and archived materials post-event, visit consensus.com.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced the pricing of an underwritten offering of 2,000,000 shares of common stock previously owned by Ziff Davis at $41.00 per share. Consensus will not sell any shares or receive proceeds from the offering. Ziff Davis is expected to exchange these shares for its indebtedness, with an additional option for 300,000 more shares. The offering is anticipated to close on June 14, 2022. J.P. Morgan Securities LLC, Evercore Group, and Citigroup Global Markets are managing the offering.
Consensus Cloud Solutions (NASDAQ: CCSI) announced an underwritten offering of 2,000,000 shares of its common stock, owned by former parent company Ziff Davis. Consensus is not selling any shares and will not receive proceeds from the offering. Ziff Davis plans to exchange these shares for debt owed to J.P. Morgan Securities LLC and Citicorp North America, Inc. An additional 300,000 shares may also be offered. The offering's shelf registration with the SEC has not yet become effective.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced preliminary Q1 2022 results, reporting revenues of approximately $91 million, a 5% increase from Q1 2021. The corporate business grew by 13%, contributing $5.4 million to revenue. However, GAAP net income fell to $18.7 million from $47.4 million a year prior, with earnings per diluted share decreasing to $0.93. The company ended the quarter with $93.9 million in cash. Guidance for 2022 remains set at revenues between $375 million and $385 million and adjusted EBITDA between $201 million and $207 million.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced a live audio Webcast of its first investor call scheduled for May 16, 2022, at 5:00 p.m. ET. The call will feature executives including CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone, discussing the company's Q1 2022 financial results and providing business updates. Attendees can access the Webcast at events.q4inc.com or dial in at (833) 492-0037. Archived materials will be available post-event on the Consensus website.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced its participation in the Sidoti Spring 2022 Virtual Conference, scheduled for March 23-24, 2022. The company will present on March 24 from 1:00-1:30 PM ET. This conference highlights Consensus' commitment to digital technology solutions for secure information transport, including eFax Corporate and various healthcare interoperability solutions. For more details, visit consensus.com.
Consensus Cloud Solutions (NASDAQ: CCSI) has launched Consensus Clarity, a new product that utilizes natural language processing (NLP) and artificial intelligence (AI) to convert unstructured patient documents into structured, actionable data. This innovation aims to enhance clinical and administrative workflows in healthcare by improving data interoperability. Over 83% of healthcare organizations face challenges due to unstructured data. Consensus Clarity facilitates better decision-making and care coordination while streamlining processes like prior authorizations and referrals.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) reported its Q4 2021 preliminary results, showing a 4% revenue increase to $89 million, but a decline in GAAP net income to $3.6 million. Adjusted EBITDA rose to $51.3 million, reflecting operational strength. The company completed its acquisition of Summit Healthcare Services, enhancing its healthcare IT capabilities. Additionally, Consensus secured a contract with Cognosante for cloud fax technology with the VA. For 2022, the guidance estimates revenues of $375-$385 million and a share buyback program of up to $100 million was authorized.
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