CareCloud, Inc.
MTBCO
NASDAQ Global Market25.00
USD
+0.04
- -
CIK
0001582982
CUSIP
14167R308
Return %
Stock
S&P500
1Y
-1.96
18.02
3Y
-1.73
64.11
5Y
-1.73
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- A. Hadi Chaudhry
- Full Time Employees
- 4,100
- Sector
- Healthcare
- Industry
- Medical - Healthcare Information Services
- Address
- 7 Clyde Road Somerset NJ United States of America 08873
- IPO Date
- Feb 3, 2022
- CIK
- 0001582982
- Website
- carecloud.com
- Similar Companies
- Business
- CareCloud, Inc. (Nasdaq: CCLD; MTBCO) provides cloud-based healthcare technology solutions, including electronic health records, practice management, revenue cycle management, patient experience management, telehealth, and robotic process automation services; chronic care management, remote patient monitoring, business intelligence, and healthcare analytics; as well as workforce augmentation, medical billing, and complementary business services such as release of information and group purchasing. The company serves over 40,000 providers across more than 70 medical specialties in 50 U.S. states, targeting physicians, nurses, medical groups, hospitals, and health systems with its integrated SaaS platform and AI-driven tools like cirrusAI for ambient clinical documentation and Marketware for hospital benchmarking. Founded in 1999 and headquartered in Somerset, New Jersey, CareCloud formerly operated as MTBC, Inc. prior to its rebranding in March 2021. CareCloud recently completed the acquisition of Medsphere Systems Corporation in August 2025, expanding into hospital IT markets with inpatient EHR solutions; acquired Mesa, LLC d/b/a MesaBilling in February 2025 to bolster AI-powered revenue cycle management; and acquired HFMA's MAP App in September 2025 to enhance AI-driven benchmarking for hospitals and health systems. The company secured a favorable credit facility with Provident Bank in September 2025 to fund the Medsphere deal and increased its 2025 revenue guidance accordingly, while announcing plans to double monthly dividends on Series B Preferred Stock starting January 2026. These moves reflect CareCloud's renewed aggressive expansion strategy, including further acquisitions and partnerships to scale its technology-enabled offerings amid evolving healthcare demands.