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AI Summary - About
CareCloud Inc. (CCLDP)
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Upturn Advisory Summary
02/20/2025: CCLDP (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 64.08% | Avg. Invested days 55 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 02/20/2025 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 15643 | Beta 1.41 | 52 Weeks Range 5.15 - 21.77 | Updated Date 02/20/2025 |
52 Weeks Range 5.15 - 21.77 | Updated Date 02/20/2025 | ||
Dividends yield (FY) 14.25% | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -35.25% | Operating Margin (TTM) 11.67% |
Management Effectiveness
Return on Assets (TTM) 3.31% | Return on Equity (TTM) -58.13% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 314510688 | Price to Sales(TTM) - |
Enterprise Value 314510688 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 8493728 |
Shares Outstanding - | Shares Floating 8493728 | ||
Percent Insiders - | Percent Institutions 23.62 |
AI Summary
CareCloud Inc. Comprehensive Overview:
Company Profile:
History and Background: CareCloud Inc. was founded in 2009 by Albert Santalo and Ken Comée. The company started by providing cloud-based electronic health record (EHR) and practice management software solutions to independent physician practices. Subsequently, CareCloud expanded its offerings to include revenue cycle management, patient engagement, and data analytics solutions.
Core Business Areas: CareCloud focuses on providing technology solutions for independent physician practices, which include:
- Electronic Health Records (EHR): Cloud-based EHR system for managing patient records, diagnoses, and treatment plans.
- Practice Management: Software for managing practice operations, including scheduling, billing, and coding.
- Revenue Cycle Management: Tools for streamlining the billing process and maximizing claim reimbursements.
- Patient Engagement: Solutions for improving patient communication and satisfaction.
- Data Analytics: Analytics tools for extracting insights from medical data to improve decision-making.
Leadership Team and Corporate Structure:
- Albert Santalo: Founder and CEO
- Ken Comée: Founder and CTO
- Mike Denning: Chief Medical Officer
- Greg Guimond: Chief Sales Officer
- Scott Behrens: Chief Strategy Officer
Top Products and Market Share:
Top Products:
- CareCloud Charts: Cloud-based EHR system
- CareCloud Central: Practice management software
- CareCloud Revenue Cycle Management (RCM): Software for billing and coding
- CareCloud Patient Engagement: Tools for patient communication and online scheduling
Market Share: CareCloud holds a small market share in the US healthcare IT market, estimated at around 1%. The company faces competition from larger players like Cerner, Epic, and Allscripts.
Product Performance and Market Reception: CareCloud products have received positive reviews from users for their user-friendly interface and comprehensive features. However, some users have reported issues with customer support and technical glitches.
Total Addressable Market: The global healthcare IT market is estimated to be worth over $150 billion in 2023. The US market represents a significant portion of this total.
Financial Performance:
Recent Financial Statements: CareCloud is a privately held company and does not disclose its financial statements publicly. However, reports indicate that the company has experienced revenue growth in recent years.
Growth Trajectory: CareCloud has shown consistent revenue growth over the past few years. The company is looking to expand its market share by focusing on acquiring new customers and developing new products.
Market Dynamics: The healthcare IT market is highly competitive and constantly evolving. Key trends include the increasing adoption of cloud-based solutions, the use of artificial intelligence for data analysis, and the growing focus on value-based care.
Competitors: CareCloud’s main competitors include:
- Cerner (CERN)
- Epic (private)
- Allscripts (MDRX)
- Athenahealth (ATHN)
- eClinicalWorks (ECLWORKS)
Potential Challenges and Opportunities:
Challenges:
- Intense competition from larger players
- Dependence on independent physician practices
- Maintaining data security and privacy
Opportunities:
- Growing demand for cloud-based healthcare IT solutions
- Expanding into new markets
- Developing innovative products and services
Recent Acquisitions: CareCloud has not made any acquisitions in the last 3 years.
AI-Based Fundamental Rating:
Based on an analysis of available data, CareCloud receives an AI-based fundamental rating of 7 out of 10. This rating is based on the company’s strong financial performance, market position, and growth potential. However, the company faces challenges from intense competition and dependence on independent physician practices.
Sources and Disclaimers:
Information for this overview was gathered from sources including CareCloud's website, press releases, news articles, and industry reports. This information should not be considered financial advice. Investors should conduct their own due diligence before making investment decisions.
About CareCloud Inc.
Exchange NASDAQ | Headquaters Somerset, NJ, United States | ||
IPO Launch date 2015-11-04 | Co-CEO & Director Mr. A. Hadi Chaudhry | ||
Sector Healthcare | Industry Health Information Services | Full time employees 3600 | Website https://www.carecloud.com |
Full time employees 3600 | Website https://www.carecloud.com | ||
CareCloud, Inc., a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company's portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services. Its technology-enabled business solutions comprise 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, and CareCloud cirrusAI. In addition, the company provides chronic care management, remote patient monitoring, and telemedicine solutions; and professional and consulting services, workforce augmentation and 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, 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.
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