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CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) will announce its financial results for Q3 2022 on November 3, 2022, before the market opens. A conference call for investors will take place at 8:30 a.m. ET. Investors can access the live webcast and slides at ir.carecloud.com/events. A replay will be available about an hour after the call. CareCloud offers technology solutions to over 40,000 healthcare providers to enhance operational performance and patient care.
CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) recently showcased its significant contributions to the community during a visit from U.S. Ambassador Donald Blome to its Bagh office in Pakistan. The ambassador praised CareCloud for fostering economic growth, particularly through the establishment of a new academic institution that serves over 750 students. With a workforce exceeding 4,000 globally, CareCloud leverages Pakistan's skilled labor force to provide healthcare technology solutions while reinforcing U.S.-Pakistan ties.
CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) has announced its participation as a Gold Sponsor and exhibitor at the 22nd Annual National Medical Billing Conference, organized by the American Medical Billing Association (AMBA) on October 20-21, 2022, in Las Vegas, Nevada.
At booth 22, CareCloud will showcase its innovative revenue cycle management and practice management solutions, known for enhancing workflow efficiency in medical practices. The company is recognized for its comprehensive healthcare technology solutions, helping over 40,000 providers streamline operations and improve patient care.
CareCloud, Inc. (Nasdaq: MTBC, MTBCO, MTBCP) has been awarded the 2022 Best in KLAS recognition in the Small Practice Ambulatory EMR/PM category. The award acknowledges CareCloud's integrable software solutions tailored for practices with 10 physicians or fewer. Quality healthcare technology is vital in preventing physician burnout, as noted by a recent study. CareCloud's CEO emphasized their end-to-end solutions that enhance workflows, allowing healthcare providers to focus on patient care.
CareCloud, a leader in healthcare technology, announced the launch of its Remote Patient Monitoring (RPM) solution, enhancing its CareCloud Wellness product line. RPM enables healthcare providers to monitor patients' health remotely, improving proactive care management. Utilizing connected electronic devices, RPM captures real-time health data, driving evidence-based clinical decisions. With $5.2 million in organic recurring bookings in Q2 2022 and expectations for continued growth, CareCloud aims to support providers in adopting value-based care models.
CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) announced that its medSR division will exhibit at the 2022 Becker's Health IT + Digital Health + RCM Annual Meeting in Chicago from October 4-7. The division will showcase its comprehensive advisory services aimed at optimizing healthcare IT, revenue cycle management (RCM), and staffing solutions. CEO Dwight Garvin emphasized the importance of partnership for healthcare organizations facing challenges like staffing shortages and unoptimized processes. The event aims to highlight innovations in digital health and RCM, featuring over 240 industry leaders.
CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) announced that CFO Bill Korn will attend the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14, 2022. During the conference, Korn will present an update on the company and its new digital health initiative on September 12, 2022. The presentation will be available for on-demand viewing for 30 days starting September 12 at 7:00 am EDT. Investors can schedule meetings through the conference sponsor or CareCloud’s IR representative.
CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) has launched its new CareCloud Wellness solution for chronic care management, currently engaging clients in 12 states and nine specialties, including internal medicine and behavioral health. The service enhances patient care and supports revenue growth via government CCM incentives. The adoption rate has surpassed that of Q2 2022, indicating strong demand. CareCloud aims to leverage real-time data to improve healthcare delivery, with 92% of providers expressing the need for digital transformation to enhance patient experience.
CareCloud, Inc. (Nasdaq: MTBC, MTBCP, MTBCO) has announced the declaration of monthly cash dividends for its Series A and Series B Cumulative Redeemable Perpetual Preferred Stocks. The Series A shares will receive $0.22917 per share and Series B will receive $0.18229 per share for September, October, and November 2022. This marks the 85th consecutive month of dividends since the Series A Preferred Stock was first sold. The payment dates are scheduled for October 17, November 15, and December 15, 2022, with ex-dividend dates falling on September 29, October 28, and November 29, 2022.
