Carecloud Inc.  (MTBC)
Other Ticker:  
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
Price: $4.1800 $-0.02 -0.476%
Day's High: $4.37 Week Perf: 1.46 %
Day's Low: $ 4.11 30 Day Perf: 29.41 %
Volume (M): 33 52 Wk High: $ 8.61
Volume (M$): $ 137 52 Wk Avg: $5.13
Open: $4.20 52 Wk Low: $2.92

 Market Capitalization (Millions $) 63
 Shares Outstanding (Millions) 15
 Employees 1,700
 Revenues (TTM) (Millions $) 148
 Net Income (TTM) (Millions $) 9
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 11

Carecloud Inc.

Medical Transcription Billing, Corp., together with its consolidated subsidiaries (the “Company”), is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers. Our integrated Software-as-a-Service (or SaaS) platform is designed to help our clients increase revenues, streamline workflows and make better business and clinical decisions, while reducing administrative burdens and operating costs. We employ a highly educated workforce of more than 1,600 people in Pakistan and Sri Lanka, where we believe labor costs are approximately one-half the cost of comparable India-based employees and one-tenth the cost of comparable U.S. employees, thus enabling us to deliver our solutions at competitive prices.

Our flagship offering, PracticePro™, empowers healthcare practices with the core software and business services they need to address industry challenges on one unified SaaS platform. We deliver powerful, integrated and easy-to-use solutions to health care practices, which enable them to efficiently operate their businesses, manage clinical workflows and receive timely payment for their services. PracticePro consists of:

Practice management software and related tools, which facilitate the day-to-day operation of a medical practice;

Electronic health records (“EHR”), which are easy to use, highly ranked, and allow our clients to reduce paperwork and qualify for government incentives;

Revenue cycle management (“RCM”) services, which include end-to-end medical billing, analytics, and related services; and

Mobile Health (“mHealth”) solutions, including smartphone applications that assist patients and healthcare providers in the provision of healthcare services.

While many of our clients leverage our full PracticePro suite, we also have a number of clients who utilize other popular EHR software, and for which we provide RCM services, including medical billing, analytics, and related services.

Adoption of our solutions requires little or no upfront expenditure by a practice. Additionally, our financial performance is linked directly to the financial performance of our clients because the vast majority of our revenues is based on a percentage of our clients’ collections. The standard fee for our complete, integrated, end-to-end solution is among the lowest in the industry.

   Company Address: 7 Clyde Road Somerset 8873 NJ
   Company Phone Number: 873-5133   Stock Exchange / Ticker: NASDAQ MTBC
   MTBC is expected to report next financial results on November 03, 2022.


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Carecloud's Segments
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