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 Practice Management. The company's Software-as-a-Service platform includes revenue cycle management, practice management, electronic health record, business intelligence, telehealth, and patient experience management solutions, as well as complementary software tools and business services for medical groups and health systems. 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.
Research context
CareCloud Inc. appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Technology
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- Software & IT Services
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5 years, 7 months ago
CareCloud, Inc is currently in a long term downtrend where the price is trading 15.6% below its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 1.0.
CareCloud, Inc's total revenue rose by 103.3% to $32M since the same quarter in the previous year.
Its net income has dropped by 53.4% to $155K since the same quarter in the previous year.
Finally, its free cash flow fell by 54.4% to $744K since the same quarter in the previous year.
Based on the above factors, CareCloud, Inc gets an overall score of 2/5.