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Corporation
INTERNET | Internet Software & Services / Healthcare
carecloud.com

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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.

CareCloud Headquarter Location

5200 Blue Lagoon Drive Suite 900

Miami, Florida, 33126,

United States

305-265-4200

Latest CareCloud News

CareCloud Extends the Power of its Business Intelligence Platform to Independent Practice Market Segment

Jan 20, 2022

PrecisionBI Lite captures critical data insights for small, high-growth practices SOMERSET, N.J., Jan. 20, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc.  (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced the launch of its abridged business intelligence platform, PrecisionBI Lite  (PBI Lite), to expand the company’s addressable market and extend powerful, financial analytics and business insights to small, independent practices. PBI Lite is a financial analytics platform thoughtfully designed to give cross-functional leaders of independent practices a powerful, holistic view of their financial data through a decluttered dashboard experience. The platform empowers administrators and physicians to make data-backed business decisions without bogging them down with complex reports. “PBI Lite has helped our organization achieve operational transparency, from our providers to our front desk,” said Michael Saunders, CEO, Associated Physicians Group. “The platform has given us insights we would never have discovered on our own, like finding ways to reduce the payment lag times for minor insurance carriers. These insights have helped us increase profitability and productivity.” PBI Lite is positioned to meet a growing market need. Independent practices are looking to unpack their financial data in the same way that large medical groups have for years, yet complex enterprise-level solutions don’t compliment their nimble, high-growth workflows. PBI Lite is economized to deliver business-critical data quickly and easily for smaller, independent practices. “Our PrecisionBI  product has been implemented by the industry’s leading, third-party EHR and practice management systems, proving the technology indispensable for large practices. This is why we are so excited to release PBI Lite as a purpose-built solution dedicated to small practices,” said Adeel Sarwar, Chief Technology Officer, CareCloud. “This release speaks to our mission to empower all of our clients with products that keep them moving forward. We believe that practices, large and small, deserve manageable access to key insights that drive revenue and growth opportunities.” PBI Lite is platform agnostic and already seamlessly integrated with CareCloud’s AI-powered, cloud-based EHR platform, talkEHR . To learn more about PrecisionBI Lite, visit www.talkehr.com/pbilite. About CareCloud CareCloud (Nasdaq: MTBC) (Nasdaq: MTBCP) 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, telehealth and patient experience management (PXM) at www.carecloud.com . SOURCE CareCloud

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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 7, 2021.

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

12,378 items

Startups recreating how healthcare is delivered

H

Health IT

2,092 items

H

Health Plans & Benefits Management

701 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

2,732 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

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