Carecloud Inc CCLD

$2.64 -0.01 (-0.38%)

Valuation

Market cap
112,755,000
Revenue TTM
$120,500,000
Net income TTM
$10,800,000
P/E (trailing)
7.31
P/E (forward)
7.51
Profit margin
8.96%
Debt to equity
2.20

Trading

Volume
755,200
Avg volume
360,166
Day's range
$2.61 – $2.82
Shares out
42,549,000
Stochastic %K
85%
Beta
1.57
Analysts
Strong Buy
Price target
$7.33

Price

Company profile

CareCloud, Inc., a healthcare information technology company, provides technology-enabled business solutions, Software-as-a-Service offerings, and related business services to healthcare providers and hospitals primarily in the United States. It operates through Healthcare IT and Medical Practice Management segments. The company's proprietary software and business services includes technology-enabled business solutio...

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CareCloud, Inc., a healthcare information technology company, provides technology-enabled business solutions, Software-as-a-Service offerings, and related business services to healthcare providers and hospitals primarily in the United States. It operates through Healthcare IT and Medical Practice Management segments. The company's proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; MAP App; and medical practice management services. It also offers revenue cycle management services, healthcare claims clearinghouse, and medical coding and credentialing services; electronic health records, practice management software and related capabilities, patient experience management solutions, business intelligence and healthcare analytics platforms, and customized applications, interfaces, and various other technology solutions, as well as artificial intelligence, such as CareCloud cirrusAI, AI-powered clinical decision support, AI-powered virtual support assistant, AI-driven appeals, Stratus AI Desk Agent, and CareCloud cirrusAI. In addition, the company provides chronic care management, remote patient monitoring, and telemedicine solutions; professional services; managed services; workforce augmentation; on-demand staffing; and strategic advisory services. Further, it offers medical practice management services to medical practices comprising appropriate facilities, equipment, supplies, support services, nurses, and administrative support staff, as well as management, bill-paying, and financial advisory services. It serves physicians, nurses, nurse practitioners, therapists, physician assistants, and other clinicians that render bills for their services. The company was formerly known as MTBC, Inc. and changed its name to CareCloud, Inc. in March 2021. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey.

Industry
Health Information Services
Sector
Healthcare
Phone
732 873 5133
Website
https://www.carecloud.com
Address
7 Clyde Road, Somerset, United States

Latest news

Stocktwits

Psilovybn Nov 12, 8:40 PM
$CCLD Think it will close the gap? looks like a nasty candle after hitting the trendline
0 replies
tkstockpicker Nov 12, 4:22 PM
$CCLD backtesting my last target 🎯 ✅
0 replies
Dr_Van_Nostrend Nov 11, 9:18 PM
$CCLD Took my gains on this from $1.70 and rolled it all into $OLN which has also gotten decimated far beyond fair value in this crazy market.
0 replies
prismmarketview Nov 11, 6:31 PM
$CCLD: wound care expansion: new Q4 clients, two-way EHR integration, Vantage Health Collective preferred vendor (3 practices) → Empower compliance unit helped clients overturn $4M+ in alleged Medicare overpayments (~$3M plus $1M+) Caveats: audit wins are client liabilities, not CareCloud revenue. No contract values, revenue, or guidance changes disclosed. $CCLD #HealthcareIT https://prismmarketview.com/carecloud-expands-wound-care-business-with-new-clients-ehr-integration-and-more-than-4-million-in-client-audit-appeals/
0 replies
OriginalTradeonrumor Nov 11, 1:43 PM
$CCLD https://finance.yahoo.com/healthcare/articles/carecloud-accelerates-wound-care-expansion-130000303.html
0 replies
tkstockpicker Nov 11, 1:17 PM
$CCLD It looks like we got that perfect kiss at 2.52 this morning and bounced as expected. The plan is still working so far…I hold
0 replies
HTNY Nov 10, 11:35 PM
$CCLD This worked out.
0 replies
tkstockpicker Nov 10, 8:10 PM
$CCLD Okay, the easy part of the swing is over, now it starts to get harder…
0 replies