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Carecloud Stock Price, News & Analysis

CCLD NASDAQ

Company Description

Overview of CareCloud Inc

CareCloud Inc (CCLD) is a pioneering healthcare information technology company that excels in delivering comprehensive, cloud-based solutions tailored for high-growth medical groups. Leveraging advanced cloud computing and healthcare IT technologies, the company provides a full suite of SaaS offerings designed to empower medical practices in the modern medical ecosystem. With an emphasis on an intuitive user experience, robust security measures, and flexible integration, CareCloud Inc helps medical providers streamline their operations, enhance patient care, and maintain compliance with industry standards.

Products and Services

CareCloud Inc offers a diverse range of proprietary solutions, including:

  • Practice Management (PM): Tools designed to optimize daily operations by simplifying appointment scheduling, billing, and administrative tasks.
  • Electronic Health Records (EHR): A modernized platform facilitating the secure management of patient records and clinical data.
  • Revenue Cycle Management (RCM): Services focused on improving financial operations and optimizing reimbursement processes.
  • Telehealth and Patient Experience Management (PXM): Solutions that support remote patient care, enabling seamless virtual consultations and improved patient engagement.
  • Business Intelligence and Robotic Process Automation (RPA): Advanced analytical tools and automation bots that streamline routine tasks and drive operational efficiency.

In addition to these core offerings, CareCloud Inc provides comprehensive healthcare consulting, implementation services, and on-demand workforce staffing capabilities, ensuring that medical groups can access critical resources when needed.

Business Model and Market Position

The company's primary revenue comes from a subscription-based model, offering scalable solutions that cater to medical groups of varying sizes. By emphasizing flexibility, connectivity, and security, CareCloud Inc has solidified its position as a trusted partner for healthcare providers seeking to modernize their practice management systems. The company operates within the competitive landscape of healthcare IT, differentiating itself with an award-winning design philosophy that enhances usability and operational efficiency for its clients.

Technology and Innovation

As an early adopter of cloud computing in healthcare, CareCloud Inc has continually evolved to meet the ever-changing demands of the industry. Its technology platform is built to provide a modern, seamless experience across a suite of powerful applications and services. This effort not only improves day-to-day operations for medical professionals but also furthers the goal of delivering excellent patient care by reducing administrative burdens and increasing clinical focus.

Competitive Landscape and Industry Impact

Within the healthcare technology sector, CareCloud Inc is recognized for its commitment to building secure, flexible, and scalable digital solutions that help healthcare providers compete effectively in a changing market. Its integrated approach to healthcare IT positions the company amongst peers who specialize in practice management and electronic health records, while its unique emphasis on patient experience and business process automation further underscores its relevance in the new medical economy.

Commitment to Quality and Security

CareCloud Inc emphasizes the importance of security and reliability, understanding that the integrity of medical data is paramount for both providers and patients. Its cloud platform, designed with state-of-the-art security protocols, offers peace of mind to healthcare professionals by safeguarding sensitive information and ensuring continuous connectivity.

Conclusion

In summary, CareCloud Inc stands out as a dynamic healthcare IT provider, dedicated to empowering medical groups with innovative cloud-based solutions. Its comprehensive suite of applications not only streamlines operations but also enhances the overall quality of patient care. Through strategic deployment of advanced technology and a deep understanding of healthcare administrative needs, the company continues to drive operational efficiency and establish itself as a vital resource in the competitive medical technology sector.

Stock Performance

$—
0.00%
0.00
Last updated:
50.45 %
Performance 1 year
$58.4M
Market Cap
42.3M
Shares outstanding

SEC Filings

No SEC filings available for Carecloud.

Financial Highlights

$110,837,000
Revenue (TTM)
$7,851,000
Net Income (TTM)
-$0.28
Diluted EPS (TTM)
$20,642,000
Operating Cash Flow
7.08%
Net Profit Margin
8.23%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Carecloud (CCLD)?

The current stock price of Carecloud (CCLD) is $1.67 as of April 24, 2025.

What is the market cap of Carecloud (CCLD)?

The market cap of Carecloud (CCLD) is approximately 58.4M.

What is the revenue (TTM) of Carecloud (CCLD) stock?

The trailing twelve months (TTM) revenue of Carecloud (CCLD) is $110,837,000.

What is the net income of Carecloud (CCLD)?

The trailing twelve months (TTM) net income of Carecloud (CCLD) is $7,851,000.

What is the earnings per share (EPS) of Carecloud (CCLD)?

The diluted earnings per share (EPS) of Carecloud (CCLD) is -$0.28 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Carecloud (CCLD)?

The operating cash flow of Carecloud (CCLD) is $20,642,000.

What is the profit margin of Carecloud (CCLD)?

The net profit margin of Carecloud (CCLD) is 7.08%.

What is the operating margin of Carecloud (CCLD)?

The operating profit margin of Carecloud (CCLD) is 8.23%.

What is the current ratio of Carecloud (CCLD)?

The current ratio of Carecloud (CCLD) is 1.27, indicating the company's ability to pay short-term obligations.

What is the operating income of Carecloud (CCLD)?

The operating income of Carecloud (CCLD) is $9,121,000.

What core services does CareCloud Inc offer?

CareCloud Inc provides a comprehensive range of cloud-based solutions including practice management, electronic health records, revenue cycle management, telehealth, patient experience management, and robotic process automation.

How does CareCloud Inc generate its revenue?

The company operates primarily on a subscription-based model, where medical groups subscribe to its software-as-a-service platforms and complementary business services.

What distinguishes CareCloud Inc in the healthcare IT sector?

CareCloud Inc is distinguished by its award-winning design, flexible cloud platform, and robust security features, which help high-growth medical groups streamline operations and enhance patient care.

Who are the primary users of CareCloud Inc's technology?

The platform is designed for high-performance medical groups and health systems that require advanced practice management and electronic health record solutions to efficiently manage their operations.

How does CareCloud Inc ensure the security and reliability of its solutions?

The company employs state-of-the-art security protocols and continuous system monitoring to protect sensitive medical data while providing a reliable, scalable cloud environment for healthcare providers.

In what ways does CareCloud Inc support operational efficiency for medical groups?

By integrating intuitive practice management tools, advanced telehealth services, and automation through RPA, CareCloud Inc helps reduce administrative burdens, allowing healthcare professionals to focus more on patient care.

How does CareCloud Inc compare to other healthcare IT providers?

While several companies offer similar services, CareCloud Inc sets itself apart with its user-friendly design, holistic suite of integrated solutions, and a strong emphasis on secure, flexible, and scalable technology platforms.