Carecloud Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Public

  • Employees
  • 3,650

Employees

  • Stock Symbol
  • CCLD

Stock Symbol

  • Investments
  • 28

  • Share Price
  • $1.82
  • (As of Tuesday Closing)

Carecloud General Information

Description

CareCloud Inc is a healthcare information technology company. The company provides a full suite of proprietary cloud-based solutions and related business services. Its Software-as-a-Service platforms include practice management (PM), electronic health record (EHR), business intelligence, patient experience management (PXM) solutions, and robotic processing automation (RPA) bots, along with complementary software tools and business services such as revenue cycle management (RCM), premiere healthcare consulting and implementation services, and on-demand workforce staffing capabilities for high-performance medical groups and health systems nationwide. The operating segments of the group are Healthcare IT, which is the key revenue-generating segment, and Medical Practice Management.

Contact Information

Formerly Known As
Medical Transcription Billing, MTBC
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 7 Clyde Road
  • Somerset
  • Franklin Township, NJ 08873
  • United States
+1 (732)
Primary Industry
Enterprise Systems (Healthcare)
Other Industries
Practice Management (Healthcare)
Stock Exchange
NAS
Vertical(s)
Corporate Office
  • 7 Clyde Road
  • Somerset
  • Franklin Township, NJ 08873
  • United States
+1 (732)

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Carecloud Stock Performance

As of 29-Apr-2025, Carecloud’s stock price is $1.82. Its current market cap is $77M with 42.3M shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.82 $1.80 $1.01 - $4.84 $77M 42.3M 928K -$0.28

Carecloud Financials Summary

As of 31-Dec-2024, Carecloud has a trailing 12-month revenue of $111M.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 60,581 60,581 34,826 44,935
Revenue 110,837 110,837 117,059 138,826
EBITDA 25,286 25,286 (30,957) 21,577
Net Income 7,851 7,851 (48,674) 5,432
Total Assets 71,614 71,614 77,826 136,174
Total Debt 3,470 3,470 14,733 13,812
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Carecloud Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Carecloud Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
CareCloud Inc is a healthcare information technology company. The company provides a full suite of proprietary cloud-bas
Enterprise Systems (Healthcare)
Franklin Township, NJ
3,650 As of 2024

West Palm Beach, FL
 

Sacramento, CA
 
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Carecloud Competitors (31)

One of Carecloud’s 31 competitors is Integra Connect, a Corporation company based in West Palm Beach, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Integra Connect Corporation West Palm Beach, FL
Meditab Corporation Sacramento, CA
Ncg Medical Corporation Orlando, FL
Healthcare Coding & Consulting Services Corporate Backed or Acquired Fort Myers, FL
AdvancedMD Private Equity-Backed South Jordan, UT
You’re viewing 5 of 31 competitors. Get the full list »

Carecloud Patents

Carecloud Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20130290007-A1 Automated proactive healthcare service and payer based patient scheduling system Inactive 26-Apr-2012

Carecloud Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Carecloud Acquisitions (28)

Carecloud’s most recent deal was a Merger/Acquisition with RevNu Medical Management. The deal was made on 02-Apr-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
RevNu Medical Management 02-Apr-2025 Merger/Acquisition Specialized Finance
MesaBilling 28-Feb-2025 Merger/Acquisition Other Healthcare Technology Systems
Medmatica Consulting Associates 01-Jun-2021 Merger/Acquisition IT Consulting and Outsourcing
medSR 01-Jun-2021 Merger/Acquisition IT Consulting and Outsourcing
Meridian Medical Management 16-Jun-2020 Merger/Acquisition Medical Records Systems
You’re viewing 5 of 28 acquisitions. Get the full list »

Carecloud Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
MesaBilling Brookfield, WI 2008
medSR Brentwood, TN 2007
MTBC-Med Troy, NY 1999
Meridian Medical Management Windsor, CT 1996
WFS Services Franklin Township, NJ 1988

Carecloud FAQs

  • When was Carecloud founded?

    Carecloud was founded in 1999.

  • Where is Carecloud headquartered?

    Carecloud is headquartered in Franklin Township, NJ.

  • What is the size of Carecloud?

    Carecloud has 3,650 total employees.

  • What industry is Carecloud in?

    Carecloud’s primary industry is Enterprise Systems (Healthcare).

  • Is Carecloud a private or public company?

    Carecloud is a Public company.

  • What is Carecloud’s stock symbol?

    The ticker symbol for Carecloud is CCLD.

  • What is the current stock price of Carecloud?

    As of 29-Apr-2025 the stock price of Carecloud is $1.82.

  • What is the current market cap of Carecloud?

    The current market capitalization of Carecloud is $77M.

  • What is Carecloud’s current revenue?

    The trailing twelve month revenue for Carecloud is $111M.

  • Who are Carecloud’s competitors?

    Integra Connect, Meditab, Ncg Medical, Healthcare Coding & Consulting Services, and AdvancedMD are some of the 31 competitors of Carecloud.

  • What is Carecloud’s annual earnings per share (EPS)?

    Carecloud’s EPS for 12 months was -$0.28.

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