MTBC

CareCloud Reviews 2022 Highlights and Provides 2023 Outlook

Retrieved on: 
Tuesday, January 10, 2023

SOMERSET, N.J., Jan. 10, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, reflects on the challenges and successes of 2022, as well as provides guidance for 2023.

Key Points: 
  • SOMERSET, N.J., Jan. 10, 2023 (GLOBE NEWSWIRE) -- CareCloud , Inc. (the “Company”) (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, reflects on the challenges and successes of 2022, as well as provides guidance for 2023.
  • CareCloud experienced another milestone in 2022 by recording the highest organic bookings growth since going public in 2014.
  • The year featured strategic initiatives aimed at driving organic growth while helping providers navigate the next generation of healthcare.
  • “Because of challenges faced in 2022, we updated our guidance for 2022 revenue to $138 to $140 million.

CareCloud Continues to Experience Growing Demand for Critical Digital Health Solutions

Retrieved on: 
Friday, January 6, 2023

CareCloud Wellness is a comprehensive suite of digital health solutions that includes remote patient monitoring (RPM) and chronic care management (CCM).

Key Points: 
  • CareCloud Wellness is a comprehensive suite of digital health solutions that includes remote patient monitoring (RPM) and chronic care management (CCM).
  • CareCloud added RPM to the suite of digital health solutions in September, packaging it with CCM to form CareCloud Wellness.
  • Because of its growing popularity and recognized success, a greater initiative is underway to offer the solutions to a broader base.
  • “CareCloud Wellness can help providers create revenue opportunities by capitalizing on critical virtual services provided to eligible chronic patients.

CareCloud to Host Investor Meetings During the Week of the J.P. Morgan Healthcare Conference

Retrieved on: 
Tuesday, January 3, 2023

SOMERSET, N.J., Jan. 03, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company”) (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced today that CareCloud’s president and chief executive officer, A. Hadi Chaudhry, and chief financial officer, Bill Korn, will host investor meetings on Jan. 10-11, 2023, at the same time and location as the 41st Annual J. P. Morgan Healthcare Conference in San Francisco.

Key Points: 
  • Upcoming Nasdaq symbol change from MTBC to CCLD on Jan. 10
    SOMERSET, N.J., Jan. 03, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company”) (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced today that CareCloud’s president and chief executive officer, A. Hadi Chaudhry, and chief financial officer, Bill Korn, will host investor meetings on Jan. 10-11, 2023, at the same time and location as the 41st Annual J. P. Morgan Healthcare Conference in San Francisco.
  • As previously announced, on Tuesday, Jan. 10, 2023, CareCloud will change its Nasdaq ticker symbol from MTBC to CCLD.
  • CareCloud’s Series A Preferred Stock ticker will also change from MTBCP to CCLDP, and the Series B Preferred Stock ticker will change from MTBCO to CCLDO.
  • To arrange a meeting with CareCloud leadership, investors should contact CareCloud’s investor relations firm, ICR Westwicke, at [email protected] .

CareCloud’s Meridian Division Revenue Cycle Management Solution Selected by Alpine to Support Back-Office Operations and Improve Cash Flow

Retrieved on: 
Wednesday, December 28, 2022

Alpine selected Meridian through trusted referrals that endorsed Meridian’s medical billing experience and prior success in streamlining processes, eliminating coding errors, and improving service-level agreements.

Key Points: 
  • Alpine selected Meridian through trusted referrals that endorsed Meridian’s medical billing experience and prior success in streamlining processes, eliminating coding errors, and improving service-level agreements.
  • It helps providers increase cash flow, reduce days in aged receivables, improve work efficiencies and keep back-office functions current, so providers can focus on care delivery.
  • “Alpine had never outsourced their billing operations before, so they wanted an RCM solution they could trust to improve their back-end operations without adding stress,” said Crystal Williams, Meridian’s vice president of operations.
  • Learn more about how Meridian can help providers navigate the complex and ever-changing healthcare systems of today at m3meridian.com .

CareCloud to Sponsor Association of Physicians of Pakistani Descent of North America’s 2022 Winter Meeting

Retrieved on: 
Wednesday, December 21, 2022

SOMERSET, N.J., Dec. 21, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced its sponsorship of the Association of Physicians of Pakistani Descent of North America (APPNA) 2022 winter meeting, to be held Dec. 22-25 at the Nishtar Medical University in Multan, Pakistan.

Key Points: 
  • Around 150 Pakistani-born physicians practicing in the U.S. are expected to attend the winter meeting in Pakistan, which offers a program packed with continuing medical education sessions, a young professionals council seminar, a research competition and networking.
  • The event is one of four annual meetings APPNA hosts at both U.S.-based and international locations.
  • Foreign-born physicians, including those of Pakistani descent, play a strong role in the U.S. healthcare system.
  • They have often been viewed as the solution to the physician shortage plaguing the U.S., especially in underserved areas like rural communities.

CareCloud’s medSR Division Helps Hospital CIO Earn Recognition for Delivering Reliable Technology Innovation

Retrieved on: 
Thursday, December 15, 2022

Since 2016, the Info-Tech CIO Awards have recognized outstanding industry leaders for delivering exceptional value to their organizations and achieving high scores in stakeholder satisfaction.

Key Points: 
  • Since 2016, the Info-Tech CIO Awards have recognized outstanding industry leaders for delivering exceptional value to their organizations and achieving high scores in stakeholder satisfaction.
  • For 13 years, medSR has worked with KDMC to maximize the hospital’s IT success through a professional health IT management partnership.
  • This communicates that KDMC’s IT services have the ability to transform operations for the hospital through reliable technology innovation.
  • medSR is a premier information technology and operations consulting team that specializes in planning and executing transformational projects.

CareCloud Hosts Inaugural Analyst and Investor Day, Emphasizes Goal to Help Providers Embrace the Next Generation of Healthcare

Retrieved on: 
Tuesday, December 13, 2022

SOMERSET, N.J., Dec. 13, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, this week hosted its inaugural Analyst and Investor Day. The CareCloud leadership team shared with investors the opportunities that await CareCloud in the post-Covid healthcare industry, and how CareCloud’s adaptability and proprietary technology meet the greatest needs of providers today.

Key Points: 
  • The CareCloud leadership team shared with investors the opportunities that await CareCloud in the post-Covid healthcare industry, and how CareCloud’s adaptability and proprietary technology meet the greatest needs of providers today.
  • “But one of the things that is most beneficial to me is that we have a true partnership with CareCloud.
  • CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) brings disciplined innovation to the business of healthcare.
  • More than 40,000 providers count on CareCloud to improve patient care, while reducing administrative burdens and operating costs.

CareCloud’s medSR Division Chosen by Russell Medical Center to Implement New Electronic Health Record Platform

Retrieved on: 
Monday, December 5, 2022

SOMERSET, N.J., Dec. 05, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that Russell Medical Center has employed the skill of CareCloud’s medSR division to select and implement Meditech as a Service electronic health record (EHR) solution for its East Central Alabama hospital.

Key Points: 
  • Russell Medical Center, accredited in 1959, is one of three Alabama hospitals that received a five-star rating by the Center for Medicare and Medicaid Services.
  • medSR worked with Russell Medical Center to identify and prioritize the needs of the hospital, while also evaluating ease-of-use for each platform and cost of implementation.
  • Based on the credibility and trust that medSR had cultivated with Russell Medical Center throughout the selection process, the medSR team was also chosen to help implement the new EHR platform.
  • “Implementing a new EHR solution can be a daunting task for any healthcare organization,” said Matt Fisher, chief financial officer at Russell Medical.

CareCloud To Host Virtual Analyst and Investor Day

Retrieved on: 
Friday, December 2, 2022

CareCloud leadership team will use this virtual event to share with participants their historic vision to transform the healthcare industry through high-quality technology, world-class operations and exciting new products.

Key Points: 
  • CareCloud leadership team will use this virtual event to share with participants their historic vision to transform the healthcare industry through high-quality technology, world-class operations and exciting new products.
  • For 20 years, CareCloud has been a pillar in the healthcare technology space, helping healthcare providers deliver a premium, high-value experience for every patient.
  • Also slated for the event is a virtual tour of the largest offshore office, and event participants will have an opportunity to ask questions across the broader CareCloud leadership team.
  • To view CareClouds latest investor presentations, read recent press releases, and listen to interviews with management, please visit ir.carecloud.com .

CareCloud Selected by Cornerstone Healthcare Group for Professional Billing Support

Retrieved on: 
Tuesday, November 29, 2022

SOMERSET, N.J., Nov. 29, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced Cornerstone Specialty Hospitals West Monroe has selected CareCloud to handle its revenue cycle management (RCM) services to strengthen their capabilities and drive better financial outcomes.

Key Points: 
  • Cornerstone Healthcare Group operates 15 hospitals throughout the U.S., including the West Monroe, Louisiana, location, which specializes in acute care for patients with complex medical needs.
  • CareCloud's RCM services will integrate with Cornerstone's electronic health record vendor to support the West Monroe locations professional billing.
  • CareCloud was recommended to Cornerstone Specialty Hospitals West Monroe by several Cornerstone physicians who had previous experience with the breadth of services and solutions offered by CareCloud.
  • The added support from CareClouds experienced team that knows how to optimize the revenue cycle will help Cornerstone capture maximum revenue while reducing labor costs and billing errors.