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CareCloud

carecloud.com

Founded Year

2009

Stage

Acquired | Acquired

Total Raised

$161.4M

Valuation

$0000 

About CareCloud

CareCloud provides cloud-based practice management, electronic health records (EHR), and medical billing software and services for medical groups. The company's products are connecting providers to one another, and to their patients, through a fully integrated digital healthcare ecosystem that can be accessed on any browser or device. On January 9th, 2020, CareCloud was acquired by MTBC at a valuation between $36M and $39M.

Headquarters Location

5200 Blue Lagoon Drive Suite 900

Miami, Florida, 33126,

United States

305-265-4200

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Research containing CareCloud

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned CareCloud in 1 CB Insights research brief, most recently on Oct 14, 2022.

Expert Collections containing CareCloud

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

CareCloud is included in 4 Expert Collections, including Digital Health.

D

Digital Health

21,907 items

Startups recreating how healthcare is delivered

H

Health IT

2,589 items

H

Health Plans & Benefits Management

741 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

T

Telehealth

2,856 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

CareCloud Patents

CareCloud has filed 3 patents.

The 3 most popular patent topics include:

  • Accounting source documents
  • Health informatics
  • Parsing algorithms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/9/2018

9/3/2019

Transaction processing, Data management, Data types, Data serialization formats, Metadata

Grant

Application Date

5/9/2018

Grant Date

9/3/2019

Title

Related Topics

Transaction processing, Data management, Data types, Data serialization formats, Metadata

Status

Grant

Latest CareCloud News

CareCloud to Explore Business Opportunities at Arab Health Exhibition in Dubai

Jan 30, 2023

Somerset, New Jersey, UNITED STATES CareCloud’s director of digital marketing, Ali Zeeshan, will share his knowledge on how digital health solutions can improve the efficiency and effectiveness of healthcare delivery in the Middle East SOMERSET, N.J., Jan. 30, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced it will explore business opportunities and share digital health knowledge at the Arab Health Exhibition & Congress, which will take place Jan. 30 to Feb. 2 at the Dubai World Trade Centre. The event is reported to be the largest of its kind in the Middle East, with 3,000 exhibitors representing 70 countries, more than 50,000 expected attendees and nine continuing medical education-accredited conferences within the exhibition. CareCloud’s director of digital marketing, Ali Zeeshan, will use the platform to talk about digital health transformation and connected health at 4:30 p.m. GST on Jan. 31 in the exhibition’s Intelligent Health Pavillion. Zeeshan will tap into CareCloud’s experience implementing digital technologies, including remote patient monitoring, and their ability to improve care delivery. The U.S. healthcare system, the market within which CareCloud operates, is primarily private and expensive, and is known for its advanced technologies and research. The Dubai healthcare system is government-funded, provides universal coverage at affordable costs, and is known for its modern technology and advanced medical facilities. The United Arab Emirates (UAE) has invested heavily in the development of world-class hospitals and medical facilities, as well as in the training and education of healthcare professionals. Now, they are pushing for the digitization of healthcare, and have introduced initiatives and policies aimed at promoting the use of technology and digital solutions in healthcare to improve patient care and streamline operations. CareCloud has a strong presence in the U.S. digital health field and is steadily adding more options to its suite of digital health solutions since first introducing it in early 2022. Known as CareCloud Wellness, the digital health suite propels forward-thinking practices into the next generation of healthcare by leveraging the power of home healthcare solutions, such as chronic care management and remote patient monitoring. “The UAE recognizes digital health as a key driver of economic growth and innovation,” said Zeeshan. “By investing in digital health, the government hopes to attract companies and create more jobs in the healthcare sector, as well as improve the efficiency and effectiveness of country’s healthcare delivery. CareCloud has developed one of the industry’s most extensive suites of technology-enabled healthcare solutions, and is a recognized leader in the digital health arena. We are excited to contemplate expanding our reach beyond the U.S., with global partners and customers to complement our global workforce.” To learn more about how CareCloud already impacts the digital health arena throughout the U.S., visit carecloud.com/digital-health . Forward-Looking Statements This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could,” “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “forecasts,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology. Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management's expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of the Covid-19 pandemic on our financial performance and business activities, and the expected results from the integration of our acquisitions. These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission. In addition, there is uncertainty about the spread of the Covid-19 virus and the impact it may have on the Company’s operations, the demand for the Company’s services, and economic activity in general. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. About CareCloud CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at www.carecloud.com .

CareCloud Frequently Asked Questions (FAQ)

  • When was CareCloud founded?

    CareCloud was founded in 2009.

  • Where is CareCloud's headquarters?

    CareCloud's headquarters is located at 5200 Blue Lagoon Drive, Miami.

  • What is CareCloud's latest funding round?

    CareCloud's latest funding round is Acquired.

  • How much did CareCloud raise?

    CareCloud raised a total of $161.4M.

  • Who are the investors of CareCloud?

    Investors of CareCloud include Medical Transcription Billing, Intel Capital, Norwest Venture Partners, Adams Street Partners, Tenaya Capital and 6 more.

  • Who are CareCloud's competitors?

    Competitors of CareCloud include Bright.MD and 3 more.

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