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CareCloud’s TalkEHR Approved for Use by Critical Access Hospitals, Unlocking $1.5B+ Inpatient Market
Globenewswire· 2025-08-04 12:00
Core Insights - CareCloud, Inc. has achieved ONC Health IT Certification for its electronic health record (EHR) platform specifically for Critical Access Hospitals (CAHs), marking a significant milestone in its strategic entry into the inpatient EHR market [1][2] - The certification opens access to a market opportunity exceeding $1.5 billion, with over 1,300 CAHs looking for modern, cloud-based EHR systems tailored to their operational and clinical needs [2][3] - A study indicates that more than half of rural and CAHs plan to replace their legacy EHR systems by 2026, prioritizing cost predictability, cloud deployment, interoperability, and reduced IT burden [3] Company Strategy - CareCloud's certified EHR solution is designed to meet the specific needs of CAHs, offering flexibility, compliance, and embedded AI tools at a sustainable cost [3][4] - The company aims to modernize rural healthcare by providing a cloud-based platform that addresses the clinical, operational, and regulatory needs of rural hospitals, helping them transition from outdated systems [4][5] - CareCloud's mission includes supporting healthcare providers across the full continuum of care with a comprehensive suite of cloud-based technology and AI solutions [5][6]
CareCloud Launches AI-Driven, Fully Integrated Dermatology EHR to Streamline Workflows and Enhance Patient Care
Globenewswire· 2025-07-17 12:00
Core Viewpoint - CareCloud, Inc. has launched a fully integrated, AI-driven dermatology EHR aimed at enhancing clinical workflows, patient engagement, and financial outcomes for dermatology practices, addressing the $9 billion dermatology services market in the U.S. [1][2] Company Overview - CareCloud is a leader in healthcare technology and generative AI solutions, providing tools to improve operational performance and streamline clinical workflows for over 40,000 providers [6]. Product Features - The new Dermatology EHR includes AI-powered charting with customizable templates, advanced image management, integrated telehealth, and patient portal features to enhance patient engagement [3][4]. - It offers optimized billing and revenue cycle management (RCM) with dermatology-specific coding and automated claim scrubbing, ensuring maximum reimbursements [4]. Market Position - The dermatology services sector is a significant part of the U.S. healthcare market, valued at approximately $9 billion in 2024, indicating a strong demand for efficient technology solutions [2]. - CareCloud's Dermatology EHR is designed to replace outdated systems, thereby improving efficiency and focusing more on patient care [2]. Availability - The CareCloud Dermatology EHR is now available for dermatology providers across the nation, with options for personalized demos [5].
CareCloud to Announce Second Quarter 2025 Results on August 5, 2025
Globenewswire· 2025-07-16 12:00
Core Insights - CareCloud, Inc. will release its financial results for the second quarter ended June 30, 2025, before the market opens on August 5, 2025 [1] - A conference call for investors will follow at 8:30 a.m. Eastern Time on the same day [1] Company Overview - CareCloud is a leader in AI-powered healthcare technology and revenue cycle management solutions, serving medical practices and health systems across the nation [1] - The company offers a suite of solutions aimed at improving financial and operational performance, streamlining clinical workflows, and enhancing patient experience [4] - More than 40,000 providers rely on CareCloud to improve patient care while reducing administrative burdens and operating costs [4]
CareCloud Emerges as a Top Gainer in Russell Microcap Index for Q2 2025 with 70% Quarterly Increase
Globenewswire· 2025-07-10 12:00
Core Insights - CareCloud, Inc. experienced a stock price increase of approximately 70% in Q2 2025, positioning it among the top gainers in the Russell Microcap Index [1][2] - The company was officially added to the Russell Microcap Index effective June 30, 2025, reflecting its growing visibility and investor confidence [2] - Co-CEO Stephen Snyder highlighted the company's focus on AI innovation, targeted acquisitions, and a strengthened capital structure as key drivers for long-term growth [3] Company Performance - CareCloud's disciplined execution is expected to lead to continued momentum into the second half of 2025 [4] - The company launched a new AI Center of Excellence and resumed M&A activity targeting high-potential verticals [9] - CareCloud completed the conversion of 3.5 million Series A Preferred shares into Common Stock and ended the quarter with over $10 million in cash [9] Company Overview - CareCloud is a leading provider of healthcare technology solutions, offering a comprehensive suite of revenue cycle, practice management, and patient engagement solutions supported by AI technologies [5]
CareCloud Joins Russell Microcap Index as Common Stock Price Rises 70% During Q2 2025
Globenewswire· 2025-07-02 12:00
Core Insights - CareCloud, Inc. has been added to the Russell Microcap® Index, effective June 30, 2025, highlighting its growing recognition in the healthcare technology sector [1][3] - The company's common stock price increased by approximately 70% during Q2 2025, driven by key developments including the launch of an AI Center of Excellence and a strong cash position of around $10 million [2] Company Developments - The launch of CareCloud's AI Center of Excellence is a significant milestone aimed at enhancing its technological capabilities [2] - The company resumed acquisition activities in targeted growth areas, indicating a strategic focus on expansion [2] - Approximately 3.5 million shares of Series A Preferred Stock were converted into Common Stock on March 6, 2025, reflecting a shift in capital structure [2] Financial Performance - CareCloud reported a strong cash position of approximately $10 million at the end of Q2 2025, which supports its operational and strategic initiatives [2] - The inclusion in the Russell Microcap Index serves as a benchmark for performance in the U.S. small-cap equity market, potentially attracting more institutional investors [3]
CareCloud Confirms ICFR Attestation Requirement Following $85.1 Million Public Float Milestone; Launches Audit Firm Search
Globenewswire· 2025-07-01 12:00
Core Points - CareCloud has surpassed the accelerated filer threshold with a public float of $85.1 million as of June 30, 2025, triggering new compliance requirements under SEC regulations [1] - The achievement is seen as a validation of CareCloud's growth trajectory and investor confidence, with a commitment to compliance and corporate governance emphasized by the Co-CEO [2] - The current audit firm cannot perform the required ICFR attestation, necessitating a change in auditors to ensure compliance [2] - CareCloud has initiated a process to engage a new audit firm capable of fulfilling the necessary services for fiscal year 2025 [3] Company Overview - CareCloud specializes in AI-driven healthcare technology solutions, helping over 40,000 providers enhance patient care while reducing administrative burdens and operating costs [4]
CareCloud Announces Potential Resignation of its Audit Firm
Globenewswire· 2025-06-26 13:00
Core Viewpoint - CareCloud, Inc. may need to engage a new independent registered public accounting firm if an ICFR auditor attestation is required for fiscal year 2025 due to its current audit firm's inability to perform the required services [1][2]. Group 1: Audit and Compliance - The current audit firm has indicated it lacks the capacity to perform an ICFR attestation, which is necessary if CareCloud's public float exceeds $75 million [2]. - The determination of whether an ICFR attestation is required will be based on CareCloud's public float as of June 30, 2025, with a threshold of $75 million for classification as an accelerated filer [3]. - CareCloud plans to provide an update on July 1, 2025, regarding its public float and any implications for its audit arrangements [3]. Group 2: Company Overview - CareCloud is a leader in AI-driven healthcare technology solutions, offering services that enhance financial and operational performance, streamline clinical workflows, and improve patient experiences [4]. - The company serves over 40,000 providers, focusing on reducing administrative burdens and operating costs through its suite of solutions, including revenue cycle management, practice management, electronic health records, and digital health [4].
CareCloud (CCLD) Earnings Call Presentation
2025-06-18 18:56
© CareCloud, Inc. 2025 DRIVING NEXT-GEN HEALTHCARE WITH GENERATIVE AI SOLUTIONS Nasdaq Global Market: CCLD, CCLDO Investor Presentation May 2025 A healthcare technology company with 25 years of experience, delivering AI-driven, end-to-end solutions that power real- world clinical and financial transformation. Safe Harbor Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements relate to anticipated future events, future results of o ...
CareCloud to Present on AI Innovation at Maxim Group’s 2025 Virtual Tech Conference on June 3, 2025
Globenewswire· 2025-06-02 12:00
Core Insights - CareCloud, Inc. is participating in the "2025 Virtual Tech Conference" to discuss the impact of AI on healthcare delivery [1][2] - The conference will highlight how emerging growth companies are utilizing transformative technologies like AI and Quantum Computing for long-term success [3] Company Overview - CareCloud specializes in AI-driven healthcare technology solutions, aiming to enhance financial and operational performance, streamline clinical workflows, and improve patient experiences [4] - The company serves over 40,000 providers, focusing on reducing administrative burdens and operating costs while improving patient care [4] Conference Details - The Healthcare IT Panel featuring CareCloud is scheduled for June 3, 2025, at 11:00 a.m. EDT [1] - Participants must register as M-Vest members to attend the conference and view CareCloud's presentation [3]
CareCloud Announces Results from Annual Shareholders’ Meeting
Globenewswire· 2025-05-28 12:05
Core Points - CareCloud, Inc. held its 2025 Annual Shareholders' Meeting on May 27, 2025, where shareholders re-elected three board members and approved executive compensation and the appointment of an accounting firm [1][2][3] - The re-elected board members include Anne Busquet, Bill Korn, and Lawrence Sharnak, all of whom have extensive experience in executive roles [2] - The shareholders approved the advisory compensation for the Company's named executive officers as disclosed in the 2025 Proxy Statement [1][7] - Rosenberg Rich Baker Berman, P.A. was appointed as the independent registered public accounting firm for the year ending December 31, 2025 [1][7] Company Overview - CareCloud is a leader in healthcare technology solutions, providing services that enhance financial and operational performance, streamline clinical workflows, and improve patient experiences [4] - The Company serves over 40,000 providers, helping them reduce administrative burdens and operating costs while improving patient care [4]