Detail akcie CareCloud Rg online

Business Summary: CareCloud, Inc. is a healthcare information technology company. The Company provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Medical Practice Management. Healthcare IT segment includes technology-assisted revenue cycle management, software-as-a-service (SaaS) solutions and other services. Medical Practice Management segment includes the management of three medical practices. Its technology-enabled business solutions include revenue cycle management; Cloud-based software; Digital health; and Healthcare IT professional services & staffing. Its SaaS platforms include practice management (PM), electronic health record (EHR), patient experience management (PXM), and others. Its Revenue Cycle Management services including end-to-end medical billing, eligibility, analytics, and related services.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, CareCloud Inc revenues decreased 7% to $82.6M. Net loss applicable to common stockholders decreased 81% to $3.2M. Revenues reflect Healthcare IT segment decrease of 9% to $71.6M. Lower net loss reflects Healthcare IT segment income increase from $2.6M to $8.3M, Unallocated Corporate Expenses segment loss decrease of 43% to $3.8M, Practice Management segment income increase of 93% to $1.2M.