Cloud-based practice management EHR provider CareCloud has raised $31.5 million in Series C funding led by Blue Cloud Ventures with participation from The PNC Financial Services Group and First Data Corporation. The company plans to utilize the latest round of funding to scale its team and its clinical and revenue cycle management platform to help physician practices modernize the patient experience and deliver value-based care. CareCloud supports medical practices through a flexible and
Read More
Care Cloud | Practice Management | EHR Software | News, Analysis, Insights
CareCloud: 6 Recent Trends Impacting Physician Practice Profitability
CareCloud, a provider of cloud-based software and services for medical groups, has announced the results of its annual Practice Profitability Index (PPI), one of the largest national efforts to study the operational health and profitability outlooks of U.S. medical practices. Leading the findings in the 2015 study is a mild upswing in projections for profitability among the more than 5,000 physicians surveyed.
The PPI was conceived as part of a partnership between CareCloud and QuantiaMD, an
Read More
CareCloud Raises Another $15M, Appoints New CEO
Cloud-based practice management EHR provider CareCloud has raised $15M in additional funding from its investors to help accelerate product innovation and operations. Additionally, the company has appointed Ken Comée, a proven leader of enterprise cloud technology businesses, as its new Chief Executive Officer, replacing Albert Santalo who will remain at CareCloud as Chairman and Chief Strategy Officer.
During the past three years, Comée has served as a Board member and
Read More
CareCloud Nabs $25.5M in Venture Debt from Hercules Technology Growth Capital
CareCloud, provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, today announced that it has received a $25.5 million debt financing commitment from Hercules Technology Growth Capital, Inc., the leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and energy & renewable technology
Read More
CareCloud Partners with BBVA Compass to Help Medical Practices Ease Administrative Burdens
CareCloud and BBVA Compass announced today that they are joining forces to help medical practices ease administrative burdens, improve client care and boost financial performance via an integrated package of bank services and healthcare technology.
The pairing is timely. According to CareCloud's 2014 Practice Profitability Index, which surveyed more than 5,000 physicians nationwide about their practices' financial health, nearly 40 percent of U.S. medical doctors see profitability trending down
Read More
Infographic: Physician Practices’ Profitability Declines in 2014
Infographic illustrates the how physician practices' profitability is continuing to decline in 2014 based on the key findings from the 2nd annual Practice Profitability Index.
Read More
70% of Physicians Spend More Than One Day a Week on Paperwork, Not Patient Care
Successful patient engagement requires that physicians have adequate time and space to focus on care. However, 70% of physicians are spending more than one day a week on paperwork
Read More
CareCloud Appoints Lee Horner as New Chief Sales Officer
CareCloud, provider of cloud-based practice management, EHR, and medical billing software and services, today announced the Company has hired Lee Horner as its new Chief Sales Officer.
Read More
Barriers to Achieving Meaningful Use: Clinical Summaries
Clinical summaries is one of the biggest barriers to achieving meaningful use for providers. In CareCloud's "Barriers to Meaningful Use" series
Read More
5 Reasons Why Cloud-Based EHRs Will Replace Client-Server Solutions
Just because something is “the original” doesn’t necessarily mean it’s the best. Would you rather hop on the expressway in a Ferrari FF or a Ford Model-T? A similar mindset should prevail when choosing between the outdated client-server solution and a cloud-based EHR.
Read More
