CareCloud Inc
F:MTB0
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CareCloud Inc
F:MTB0
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CareCloud Inc
CareCloud sells software and services that help medical practices run their business side of healthcare. Its products handle electronic health records, practice management, billing, scheduling, patient communication, and other office tasks that doctors and clinics need to manage every day. The company’s main customers are physician groups, specialty practices, and other outpatient healthcare providers. CareCloud makes money mainly by charging subscription and service fees for its software and by taking on parts of the billing and revenue cycle work that help customers collect payments from insurers and patients. What makes CareCloud different is that it sits between healthcare providers and the complex paperwork tied to insurance claims, patient billing, and compliance. Instead of selling only software, it combines technology with back-office support, so smaller and mid-sized practices can outsource more of the admin work while keeping their clinical operations in one system.
CareCloud sells software and services that help medical practices run their business side of healthcare. Its products handle electronic health records, practice management, billing, scheduling, patient communication, and other office tasks that doctors and clinics need to manage every day.
The company’s main customers are physician groups, specialty practices, and other outpatient healthcare providers. CareCloud makes money mainly by charging subscription and service fees for its software and by taking on parts of the billing and revenue cycle work that help customers collect payments from insurers and patients.
What makes CareCloud different is that it sits between healthcare providers and the complex paperwork tied to insurance claims, patient billing, and compliance. Instead of selling only software, it combines technology with back-office support, so smaller and mid-sized practices can outsource more of the admin work while keeping their clinical operations in one system.
Revenue: CareCloud reported first-quarter revenue of $31.3 million, up 13% from $27.6 million a year ago, and said the business started 2026 with strong momentum.
Guidance: Management reaffirmed full-year 2026 guidance for revenue of $128 million to $132 million, adjusted EBITDA of $29 million to $31 million, and EPS of $0.20 to $0.23.
Capital shift: The company closed a new $50 million credit facility and announced the full redemption of its Series B preferred stock, which management called the biggest balance-sheet simplification since the IPO.
AI traction: CareCloud said its AI products are already in market, with StratusAI Desk Agent handling approximately 75% of inbound calls automatically for early adopters and continuing to sign business mainly from existing clients.
Margin outlook: Management said first-quarter margins were weighed down by Medsphere integration costs and amortization, but expects margins to improve as duplicate costs roll off through 2026 and into 2027.