CareCloud, Inc. CCLD

Company Overview

CareCloud, Inc. is a healthcare information technology and services company that provides cloud-based software, revenue cycle management, and related business solutions primarily to physician practices, hospitals, and healthcare organizations. The company operates in the healthcare technology and healthcare services industries, with a focus on improving clinical, financial, and administrative workflows for medical providers. Its core offerings include electronic health records (EHR), practice management software, medical billing, patient engagement tools, telehealth capabilities, and workforce solutions. Revenue is generated through a mix of recurring software subscriptions, service contracts, professional services, and outsourced billing operations.

The company traces its roots to MTBC, founded in 1999 by Mahmood Rashid, and later rebranded as CareCloud in 2020 following the acquisition of the CareCloud health IT platform assets from CareCloud Corporation. The rebranding reflected a strategic shift toward a broader healthcare technology identity centered on cloud-based clinical and financial software. CareCloud has positioned itself as an integrated platform provider serving small-to-medium physician groups, independent practices, and specialty medical providers seeking scalable and cost-efficient administrative infrastructure.