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CareCloud to Present at the 2025 ThinkEquity Conference
Globenewswire· 2025-10-20 12:00
Company to highlight AI innovation, strategic acquisitions, and continued growth momentum SOMERSET, N.J., Oct. 20, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology solutions, announced today its participation in the ThinkEquity Conference, taking place October 30, 2025, at the Mandarin Oriental, New York City. The ThinkEquity Conference convenes institutional investors, analysts, and emerging growth companies for a day of presen ...
CareCloud 8.75% CUM RED PERP PFD SER B: Not Your Usual Preferred Shares
Seeking Alpha· 2025-10-17 09:16
Group 1 - Preferred shares are typically viewed as fixed income instruments, although they do not appear on the 'Liabilities' section of the balance sheet [1] - Investors utilize these capital market instruments primarily for income generation, with limited potential for capital appreciation [1] - Binary Tree Analytics (BTA) aims to enhance transparency and analytics in capital markets, focusing on Closed-End Funds (CEFs), Exchange-Traded Funds (ETFs), and Special Situations [1] Group 2 - BTA has over 20 years of investment experience, having a background in investment banking cash and derivatives trading [1] - The company seeks to deliver high annualized returns while maintaining a low volatility profile [1]
CareCloud to Present at the 2025 Maxim Growth Summit
Globenewswire· 2025-10-15 12:00
Company to highlight acquisitions, growth and AI roadmap SOMERSET, N.J., Oct. 15, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”) today announced its participation in the 2025 Maxim Growth Summit, taking place October 22–23, 2025 at the Hard Rock Hotel New York City. This event brings together industry leaders, innovators, and premier institutions to explore the latest trends and advancements across several leading industries, including technology and healthcare ...
CareCloud to Announce Third Quarter 2025 Results on November 6, 2025
Globenewswire· 2025-10-14 12:00
Core Points - CareCloud, Inc. will release its financial results for the third quarter ended September 30, 2025, before the market opens on November 6, 2025 [1] - A conference call for investors will follow at 8:30 a.m. Eastern Time on the same day [1] - The live webcast of the conference call and related presentation slides will be accessible online [2] - An audio-only option for the conference call is available by dialing a specific number [2] - A replay of the conference call will be available approximately three hours after its conclusion [3] Company Overview - CareCloud specializes in AI-powered healthcare technology and revenue cycle management solutions for medical practices and health systems [1] - The company aims to enhance financial and operational performance, streamline clinical workflows, and improve patient experience [4] - Over 40,000 providers rely on CareCloud's solutions to improve patient care while reducing administrative burdens and operating costs [4]
CareCloud Announces Preferred Stock Dividend Payments 
Globenewswire· 2025-10-07 12:00
SOMERSET, N.J., Oct. 07, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (“CareCloud” or the “Company”) (Nasdaq: CCLD, CCLDO), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, announced today that its Board of Directors (the “Board”) has declared monthly cash dividends for its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”) and its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B P ...
CareCloud Announces Acquisition of HFMA’s MAP App to Expand AI-Driven Benchmarking in Hospitals and Integrated Health Systems
Globenewswire· 2025-09-29 12:00
Core Insights - CareCloud has announced a definitive agreement to acquire MAP App, a leading hospital benchmarking tool developed by HFMA, which is set to close on October 1, 2025 [1][2] - The acquisition is part of CareCloud's strategy to enhance its SaaS-based ecosystem and expand its AI-driven healthcare technology solutions [2][3] - The partnership with HFMA aims to improve revenue cycle management performance and provide actionable insights for hospitals [3] Company Overview - CareCloud is a leader in AI-driven healthcare technology solutions, serving hospitals, integrated health systems, and medical practices across the United States [1][5] - The company offers a suite of solutions including revenue cycle management, practice management, electronic health records, and patient experience management [5] - More than 40,000 providers rely on CareCloud to enhance patient care while reducing administrative burdens and operating costs [5] Industry Context - MAP App is recognized as an industry-leading tool for benchmarking revenue cycle management performance, utilized by top hospitals and healthcare organizations nationwide [2] - HFMA, the organization behind MAP App, is the leading membership organization for healthcare finance leaders, providing tools and insights to improve financial outcomes in healthcare [3]
CareCloud Unveils Marketware as Strategic Growth Solution for Hospitals
Globenewswire· 2025-09-25 13:00
Core Insights - CareCloud, Inc. has launched Marketware, a physician relationship management and analytics platform aimed at enhancing hospital operations and financial performance [1][2] - The platform is designed to help hospitals strengthen physician alignment, optimize referral networks, and link engagement strategies to measurable growth [1][2] - Marketware has been integrated with CareCloud's AI Center of Excellence and other operational tools, creating new opportunities for hospitals to connect physician relationship data with financial performance [3] Company Overview - CareCloud provides a suite of AI and technology-enabled solutions that assist healthcare providers in improving financial and operational performance, streamlining clinical workflows, and enhancing patient experiences [5] - The company serves over 40,000 providers, focusing on reducing administrative burdens and operating costs while improving patient care [5] Market Impact - The implementation of Marketware has reportedly led to revenue increases for hospitals, with users expressing greater confidence in their financial and service growth initiatives [2] - The platform offers actionable intelligence for hospital executives, enabling them to track referral patterns, strengthen physician engagement, and support strategic planning [8]
CareCloud Secures Credit Facility on Favorable Terms with Provident Bank to Support Medsphere Acquisition
Globenewswire· 2025-09-09 12:00
Core Insights - CareCloud has closed a new $10 million credit facility with Provident Bank, replacing a prior promissory note obligation to Wells Fargo, which strengthens liquidity and supports future growth [1][2] - The new facility allows CareCloud to finance the recent acquisition of Medsphere Systems Corporation, which had a total purchase price of $16.5 million, with $8.25 million paid at closing from internal cash flow [2] - The interest rate on the Provident facility is SOFR plus 3%, currently equating to less than 7.5%, which is significantly lower than the previous Wells Fargo note [2] Financial Details - Approximately $8.3 million of the new credit facility was drawn down at closing to support the Medsphere acquisition [1] - The company intends to fully pay down the Medsphere-related obligation by mid-2026 through internally generated cash flow [2] - The Provident facility has a two-year term, providing improved flexibility and lower borrowing costs for CareCloud [2] Company Overview - CareCloud specializes in healthcare technology and AI-powered solutions, serving over 40,000 providers to enhance patient care while reducing administrative burdens [4] - The company's offerings include revenue cycle management, practice management, electronic health records, business intelligence, patient experience management, and digital health solutions [4]
CareCloud Increases 2025 Revenue Guidance Following Medsphere Acquisition
Globenewswire· 2025-09-02 12:00
Core Insights - CareCloud has raised its revenue outlook for 2025 to a range of $116 million to $118 million, up from the previous guidance of $111 million to $114 million, indicating strong growth in the hospital IT market [2][3] - The company anticipates 2026 revenue to be between $128 million and $130 million, driven by cross-selling opportunities and increased hospital adoption of its AI-driven solutions [2][3] - The acquisition of Medsphere Systems Corporation is highlighted as a transformative move that enhances CareCloud's product portfolio and market demand [3] Financial Guidance - For 2025, CareCloud expects revenue between $116 million and $118 million, reflecting an increase in scale and market participation [2] - The anticipated revenue for 2026 is projected to be $128 million to $130 million, supported by ongoing investments in AI innovation [2] - Adjusted EBITDA outlook is expected to remain unchanged, while GAAP EPS may be affected by higher non-cash amortization expenses due to the acquisition [2] Strategic Initiatives - CareCloud's AI Center of Excellence is advancing tools that automate revenue cycle workflows and support clinicians in real-time, aimed at improving efficiency and patient outcomes [3] - The company emphasizes its commitment to innovation in healthcare technology, helping clients enhance financial and operational performance [4] - CareCloud serves over 40,000 providers, focusing on reducing administrative burdens and improving patient care [4]
CareCloud Closes Medsphere Acquisition, Expanding into the Hospital IT Market
Globenewswire· 2025-08-25 12:00
Core Insights - CareCloud has acquired the business assets of Medsphere Systems Corporation, enhancing its capabilities in inpatient electronic health records (EHR) and revenue cycle management (RCM) for small and mid-sized hospitals across the U.S. [1][2] - The acquisition aims to create a next-generation platform that integrates CareCloud's AI and research infrastructure with Medsphere's established technology, benefiting over 600 clients [2][4] - This transaction is described as transformational for CareCloud, allowing the company to provide affordable and scalable solutions to resource-constrained hospitals that are often underserved by larger vendors [2][5] Company Overview - CareCloud specializes in healthcare technology and AI-powered solutions, offering a suite of services that includes RCM, practice management, EHR, business intelligence, patient experience management, and digital health [5] - The company serves more than 40,000 providers, focusing on improving patient care while reducing administrative burdens and operating costs [5] Medsphere's Offerings - Medsphere's hospital IT ecosystem includes integrated inpatient EHR, Azure-hosted RCM platform, Emergency Department Information System (EDIS), supply chain and inventory management tools, and ambulatory EHR and practice management suite [8]