CareCloud Inc
NASDAQ:CCLD
CareCloud Inc
CareCloud, Inc. operates as a healthcare information technology (IT) company. The company is headquartered in Somerset, New Jersey and currently employs 4,100 full-time employees. The company went IPO on 2014-07-23. The firm provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Practice Management. Healthcare IT segment includes revenue cycle management and other services. Practice Management segment includes the management of three medical practices. Its product and services portfolio are organized across six strategic areas, such as Cloud-based Software, Technology-enabled Services, Our Apps and App Ecosystem Partners, Premier Healthcare IT Consulting & Staffing (medSR), On-demand Workforce (CareCloud Force) and Additional Business Services. Its software-as-a-service (SaaS) platforms include practice management (PM), electronic health record (EHR), business intelligence, telehealth, patient experience management (PXM), and others.
CareCloud, Inc. operates as a healthcare information technology (IT) company. The company is headquartered in Somerset, New Jersey and currently employs 4,100 full-time employees. The company went IPO on 2014-07-23. The firm provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Practice Management. Healthcare IT segment includes revenue cycle management and other services. Practice Management segment includes the management of three medical practices. Its product and services portfolio are organized across six strategic areas, such as Cloud-based Software, Technology-enabled Services, Our Apps and App Ecosystem Partners, Premier Healthcare IT Consulting & Staffing (medSR), On-demand Workforce (CareCloud Force) and Additional Business Services. Its software-as-a-service (SaaS) platforms include practice management (PM), electronic health record (EHR), business intelligence, telehealth, patient experience management (PXM), and others.
Revenue Guidance Raised: CareCloud increased full year 2025 revenue guidance to $117–119 million, up from the previous $111–114 million range.
Strong Q3 Results: Q3 revenue grew 9% year-over-year to $31.1 million, with GAAP EPS improving by $0.08 to $0.04.
Profitability Maintained: Adjusted EBITDA for Q3 rose 13% to $7.7 million, and the company reaffirmed profitability and cash flow focus.
Strategic Acquisitions: Closed two acquisitions, Medsphere (expanding reach into hospitals) and Map App (enhancing analytics and benchmarking), both described as non-dilutive and accretive.
AI Advances: Highlighted upcoming launch of the Agentic AI front desk solution, reporting high success rates in pilot tests and emphasizing its competitive edge.
Cross-Sell Focus: Management sees large near-term opportunity to cross-sell and upsell AI and RCM solutions to newly acquired hospital clients.
