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CareCloud Inc. (CCLDO)



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Upturn Advisory Summary
02/14/2025: CCLDO (3-star) is a REGULAR-BUY. BUY since 63 days. Profits (16.03%). Updated daily EoD!
Analysis of Past Performance
Type Stock | Historic Profit 66.98% | Avg. Invested days 60 | Today’s Advisory Regular Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 9626 | Beta 1.41 | 52 Weeks Range 5.01 - 22.43 | Updated Date 02/14/2025 |
52 Weeks Range 5.01 - 22.43 | Updated Date 02/14/2025 | ||
Dividends yield (FY) 1.80% | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -35.25% | Operating Margin (TTM) 11.67% |
Management Effectiveness
Return on Assets (TTM) 3.31% | Return on Equity (TTM) -58.13% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 328918624 | Price to Sales(TTM) - |
Enterprise Value 328918624 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 8493728 |
Shares Outstanding - | Shares Floating 8493728 | ||
Percent Insiders 2.08 | Percent Institutions - |
AI Summary
CareCloud Inc.: A Comprehensive Overview
Company Profile:
History and Background:
CareCloud Inc. was founded in 2009 by Albert Santalo, Albert Lauritano, and Ken Comée. The company started as a cloud-based platform for managing electronic health records (EHRs) for small and medium-sized medical practices. Over time, CareCloud expanded its offerings to include practice management, revenue cycle management, patient engagement, and analytics solutions. In 2014, CareCloud went public, raising $115 million in an initial public offering (IPO).
Core Business Areas:
CareCloud's core business areas are:
- EHR: Cloud-based electronic health record software for managing patient information, scheduling appointments, and documenting care.
- Practice Management: Software for managing administrative tasks such as billing, coding, and scheduling.
- Revenue Cycle Management: Services for managing claims submission, denial management, and patient collections.
- Patient Engagement: Tools for patient communication, appointment reminders, and online bill pay.
- Analytics: Business intelligence tools for tracking practice performance and identifying opportunities for improvement.
Leadership Team and Corporate Structure:
CareCloud's leadership team includes:
- Ken Comée, CEO: A healthcare industry veteran with over 20 years of experience.
- Albert Santalo, President and Chief Product Officer: Responsible for product development and innovation.
- Albert Lauritano, Chief Technology Officer: Oversees the company's technology infrastructure and operations.
CareCloud is organized into two primary segments: Software and Services. The Software segment includes the EHR, practice management, and analytics solutions. The Services segment includes revenue cycle management and patient engagement offerings.
Top Products and Market Share:
CareCloud's top products include:
- EHR: CareCloud's EHR is used by over 10,000 medical practices across the United States.
- Practice Management: CareCloud's practice management solution is used by over 8,000 medical practices.
- Revenue Cycle Management: CareCloud's revenue cycle management services are used by over 6,000 medical practices.
CareCloud's market share in the EHR and practice management markets is estimated to be around 2-3%. The company competes with larger vendors such as Cerner, Epic, and Allscripts. However, CareCloud is focused on the small and medium-sized practice market, where it has a strong competitive position.
Total Addressable Market:
The total addressable market (TAM) for CareCloud is estimated to be over $20 billion. This includes the market for EHRs, practice management, revenue cycle management, and patient engagement solutions for small and medium-sized medical practices in the United States.
Financial Performance:
CareCloud's recent financial performance has been mixed. In 2021, the company reported revenue of $106 million, a 10% increase year-over-year. However, net income was only $1.5 million, down from $3.5 million in 2020. CareCloud has also been struggling with declining profit margins and cash flow.
Dividends and Shareholder Returns:
CareCloud does not currently pay a dividend. Since its IPO, CareCloud's shareholders have experienced negative returns.
Growth Trajectory:
CareCloud has grown rapidly in recent years, but the company faces challenges to sustain its growth. The declining profit margins and cash flow are concerning. However, CareCloud's focus on the small and medium-sized practice market gives the company a strong competitive position in a large and growing market.
Market Dynamics:
The healthcare IT industry is constantly evolving, driven by technological advancements and regulatory changes. CareCloud is well-positioned to benefit from the growing demand for cloud-based healthcare IT solutions. However, the company faces intense competition from larger vendors.
Competitors:
CareCloud's key competitors include:
- Cerner (CERN)
- Epic Systems (private)
- Allscripts (MDRX)
- Athenahealth (ATHN)
Potential Challenges and Opportunities:
Key Challenges:
- Declining profit margins and cash flow
- Intense competition from larger vendors
- Regulatory changes
Potential Opportunities:
- Growing demand for cloud-based healthcare IT solutions
- Focus on the small and medium-sized practice market
- New product innovations and strategic partnerships
Recent Acquisitions:
CareCloud has not made any acquisitions in the last 3 years.
AI-Based Fundamental Rating:
Based on an AI-based analysis, CareCloud receives a fundamental rating of 4 out of 10. This rating is based on the company's financial health, market position, and future prospects. While CareCloud
About CareCloud Inc.
Exchange NASDAQ | Headquaters Somerset, NJ, United States | ||
IPO Launch date 2022-02-03 | Co-CEO & Director Mr. A. Hadi Chaudhry | ||
Sector Healthcare | Industry Health Information Services | Full time employees 3600 | Website https://www.carecloud.com |
Full time employees 3600 | Website https://www.carecloud.com |
CareCloud, Inc., a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company's portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services. Its technology-enabled business solutions comprise revenue cycle management services, healthcare claims clearinghouse, and medical coding and credentialing services; electronic health records, practice management software and related capabilities, patient experience management solutions, business intelligence and healthcare analytics platforms, and customized applications, interfaces, and various other technology solutions, as well as artificial intelligence, such as CareCloud cirrusAI, AI-powered clinical decision support, AI-powered virtual support assistant, AI-driven appeals, and CareCloud cirrusAI. In addition, the company provides chronic care management, remote patient monitoring, and telemedicine solutions; and professional and consulting services, workforce augmentation and on-demand staffing, and strategic advisory services. Further, it offers medical practice management services to medical practices comprising appropriate facilities, equipment, supplies, support services, nurses, and administrative support staff, as well as management, bill-paying, and financial advisory services. It serves physicians, nurses, nurse practitioners, physician assistants, and other clinicians that render bills for their services. The company was formerly known as MTBC, Inc. and changed its name to CareCloud, Inc. in March 2021. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey.
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