CareCloud, Inc. (CCLD) company profile

CareCloud, Inc. provides healthcare information technology solutions and business services to medical practices and healthcare providers. The company operates through two main business segments: Healthcare IT and Medical Practice Management. Its core offerings include revenue cycle management, proprietary clinical and administrative healthcare software, electronic health records, practice management systems, chronic care management, remote patient monitoring, and medical printing and mailing services. The firm primarily serves healthcare organizations, physicians, and medical practices seeking to streamline practice administration, clinical workflows, and billing operations.

The company maintains operational facilities across several international regions, conducting offshore operations in Pakistan, Azad Jammu and Kashmir, and Sri Lanka. In addition to its offshore locations, the business conducts domestic activities across multiple jurisdictions within the United States. CareCloud, Inc. maintains its principal executive offices and corporate headquarters in Somerset, New Jersey.

Summary of the business section of CareCloud's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“The initial public offering price per share is $5.00.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“workforce of approximately 3,300 team members at labor costs that we believe are approximately 17% the cost of comparable U.S.”