CareCloud Inc
carecloud.comWhat Do They Do?
Provides medical billing and claims services, practice and patient software, and healthcare consulting to medical practices, hospitals and health systems.
10-K for FY2025, filed Mar 12, 2026CareCloud, Inc., (together with its consolidated subsidiaries, “CareCloud,” the “Company,” “we,” “us” and/or “our”) is a leading provider…View ↗
Our portfolio of proprietary software and business services includes: technology-enabled business solutions that maximize revenue cycle…View ↗
Revenue Cycle Management (“RCM”) services including end-to-end medical billing, eligibility, analytics, and related services, all of which…View ↗
Electronic Health Records (“EHR”), which are easy to use and sometimes integrated with our business services, and enable our healthcare…View ↗
Professional services consisting of a broad range of consulting services including full software implementations and activation, revenue…View ↗
How Do They Make Money?
Healthcare providers are invoiced monthly for revenue-cycle services, with fees tied to an agreed rate and the payments they collect; invoices are due under each customer agreement. Bundled fees can also cover EHR and practice-management software.
10-K for FY2025, filed Mar 12, 2026Revenue derived on an on-going basis from our technology-enabled solutions, which typically includes revenue cycle management services, is…View ↗
Technology-assisted revenue cycle management services are the recurring process of submitting and following up on claims with health…View ↗
Payment of invoices is due as specified in the underlying customer agreement, typically 30 days from the invoice date, which occurs on the…View ↗
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10-K for FY2025, filed Mar 12, 2026
FY2025 revenue by reportable segment ↗
$120.5M
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10-K for FY2025, filed Mar 12, 2026
$120.5M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Healthcare IT
Usage-based
10-K for FY2025, filed Mar 12, 2026 |
88%
FY2022: 90%
|
Healthcare IT, FY2025
$106.6M Sources
|
Usage-based |
|
Medical Practice Management
|
12%
FY2022: 9.8%
|
Medical Practice Management, FY2025
$13.9M Sources
|
Who Are Their Customers?
Serves healthcare providers from independent practices to large medical groups, hospitals and health systems, along with organizations that serve the healthcare community. A direct sales force is supplemented by partner initiatives and marketing campaigns; sales are generally consultative, with proposals and contract discussions.
10-K for FY2025, filed Mar 12, 2026We estimate that as of December 31, 2025, we provided software and services to approximately 45,000 providers (which we define as…View ↗
In addition, we served approximately 80 clients that are not medical practices, but are primarily service organizations who serve the…View ↗
Over the past several years, organic growth has been a Company-wide focus. We have developed sales and marketing capabilities aimed at…View ↗
Our marketing team operates in support of our sales force and provides specialized demand generation capabilities for sales efforts…View ↗
10-K for FY2025, filed Mar 12, 2026
Concentrations of credit risk with respect to trade accounts receivable are managed by periodic credit evaluations of customers. The…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 9 cents of every revenue dollar as net income in FY2025 and turned 20 cents into free cash flow.
10-K for FY2025, filed Mar 12, 2026
$11.3MView ↗
10-K for FY2025, filed Mar 12, 2026
$10.8MView ↗
10-K for FY2025, filed Mar 12, 2026
$23.8MView ↗
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 6, 2026
Open tableView ↗
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Aug 6, 2026
Acquired Empower Healthcare & Compliance Partners
The acquisition adds compliance, audit-defense and regulatory expertise to CareCloud's provider network.
Sources
8-K, filed Aug 6, 2026
Compliance and Audit-Defense Market Entry: Expanded the product portfolio through the acquisition of Empower Healthcare & Compliance…View ↗
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May 15, 2026
Redeemed and delisted Series B preferred shares
The preferred shares were delisted after the company completed their redemption.
Sources
8-K, filed May 15, 2026
In connection with the completion of the full redemption (the “Redemption”) discussed below and as further set forth on the Registrant’s…View ↗
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May 7, 2026
Reaffirmed full-year financial guidance
It reaffirmed full-year 2026 revenue guidance of $128–$132 million, adjusted EBITDA of $29–$31 million, and earnings per share of $0.20–$0.23.
Sources
8-K, filed May 7, 2026
Revenue $128 – $132 millionView ↗
Shrinking. Revenue fell 14% in 4 years, from $139.6M in FY2021 to $120.5M in FY2025, about 4% a year.
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