CareCloud

CareCloud Declares Monthly Preferred Stock Dividends CareCloud, a leader in healthcare technology and AI-driven solutions, has announced monthly cash dividends for its 8.75% Series A & Series B Cumulative Redeemable Perpetual Preferred Stock for March and April 2025. Key Dates: March 31 & April 30, 2025 – Ex-dividend and record dates April 15 & May 15, 2025 – Payment dates Additionally, CareCloud has initiated the voluntary delisting of its Series A Preferred Stock (CCLDP) following its mandatory conversion into common stock on March 6, 2025. Read the full announcement here: https://hubs.li/Q03bTrKB0

CareCloud’s Breakthrough Year: A Strategic Transformation for Long-Term Growth in 2024 2024 was nothing short of a breakthrough year for CareCloud. The company executed a strategic transformation that has now positioned it for long-term growth. Here’s what Full Year 2024 Performance: $7.9M GAAP net income (vs. $48.7M loss last year) 56% growth in Adjusted EBITDA ($24.1M vs. $15.4M) 244% surge in free cash flow ($13.2M vs. $3.8M) $110.8M revenue, reflecting strategic optimization Recent Operational Wins Series A Preferred Stock Conversion: Reduced annual dividend burden by $7.7M, converting 3.5M preferred shares into 26M common shares. Resumed Preferred Dividends: Payments restarted in February 2025. Debt-Free: Fully repaid credit line using internally generated cash flow. The company is now stronger, as Co-CEO A. Hadi Chaudhry put it: “AI is supercharging our operations. From clinical workflows to revenue cycle automation, AI makes us faster, smarter, and more efficient. This will fuel even greater profitability in 2025. We’ve successfully transformed our cost structure and positioned CareCloud for the future.” We have restructured costs, strengthened our foundation, and positioned CareCloud for sustained growth. For full details and to hear directly from our management team, visit https://lnkd.in/e76bKPBx #HealthcareInnovation #AIinBusiness #FinancialGrowth #TechTransformation #CareCloud #Profitability

Skilled Nursing Facility or Rehab Center? Knowing the difference is key to making the right choice for recovery and care. Whether it’s long-term support or short-term rehabilitation, understanding your options ensures the best outcome for you or your loved ones. Read more: https://hubs.li/Q03bxR0x0 #CareCloud #SkilledNursingCare #RehabilitationJourney #ElderlyCareMatters #RecoveryInProgress #PostSurgeryRecovery #RehabCenters #TherapyForLife #SeniorCareServices #PhysicalTherapyHealing

CareCloud Announces Voluntary Delisting of Series A Preferred Stock We are taking the next step in our growth journey. As a leader in healthcare IT and generative AI solutions, we have announced our intent to voluntarily delist our 8.75% Series A Preferred Stock (Nasdaq: CCLDP) from the Nasdaq Global Market. This decision follows the recent mandatory conversion of shares and aligns with Nasdaq’s continued listing requirements. The delisting is expected to be effective on or about March 31, 2025. Read the full update: [https://lnkd.in/efgpQF8U]

Interventional radiology coding is complex, but mastering it can mean the difference between accurate reimbursements and costly denials. From procedural nuances to compliance essentials, our latest guide breaks down everything you need to know. Whether you're a coder, biller, or radiology professional, this is your go-to resource. Read the full blog: https://lnkd.in/eBYsUrZ6 #MedicalCoding #InterventionalRadiology #HealthcareBilling

Strong women build strong communities. Today, we celebrate the innovators, the leaders, the caregivers, and the change-makers who make the world a better place, every single day. At CareCloud, we are proud to support and uplift the women who drive excellence in healthcare and beyond. Your resilience, dedication, and brilliance inspire us all. Let’s keep breaking barriers and shaping a more inclusive future together. #InternationalWomensDay #IWD2024 #WomenInLeadership #CareCloud

CareCloud Strengthens Financial Position with Mandatory Conversion of Series A Preferred Stock CareCloud, a leader in healthcare IT and generative AI solutions, has completed the mandatory conversion of its Series A Cumulative Redeemable Preferred Stock into Common Stock. This strategic move eliminates over $7 million in annual dividend obligations, allowing CareCloud to reinvest in innovation, expand our solutions, and drive long-term shareholder value. Why CareCloud By optimizing our capital structure and enhancing financial flexibility, we are creating a stronger foundation for sustained growth. This strategic move enables us to accelerate innovation, expand our solutions, and drive greater value for our stakeholders. Greater Value for Shareholders “We are excited to announce this conversion, which will eliminate approximately $7 million or more in annual dividend obligations, freeing us to reinvest this capital in our growth.” said Norman Roth, Interim Chief Financial Officer and Corporate Controller of CareCloud. [https://lnkd.in/ebkv8yiB] #CareCloud #HealthcareIT #HealthcareInnovation #FinancialGrowth #CapitalMarkets #InvestorRelations #HealthcareTechnology

Clinical documentation doesn’t have to be a time-consuming burden. With CareCloud cirrusAI, physicians can streamline their workflow, reduce burnout, and spend more time focusing on patient care. This AI-powered solution automates documentation, integrates seamlessly with EHRs, and ensures real-time accuracy, allowing healthcare professionals to work smarter, not harder. Watch the video to see how cirrusAI is transforming the future of clinical documentation. Would you trust AI to handle your clinical notes? Share your thoughts below! [https://lnkd.in/eq2Auxcw]

CareCloud’s Electronic Health Records (EHR) system is designed to streamline workflows, enhance patient care, and keep your practice running smoothly. With intuitive AI-driven features, interoperability, and real-time data access, you can focus on what matters most, your patients. Let’s transform the way you manage healthcare: https://lnkd.in/eENxRVfK #CareCloud #EHR #HealthcareTechnology #DigitalHealth #AI #Interoperability

Better care, better outcomes, and better revenue with CareCloud’s Chronic Care Management (CCM). Our seamless CCM solution empowers providers to deliver proactive, continuous care for patients with chronic conditions while maximizing reimbursements effortlessly. With streamlined workflows and AI-driven automation, you can focus on improving patient health while growing your practice. ?? Schedule a Call Today: https://lnkd.in/eRVwQayy #CareCloud #ChronicCareManagement #CCM #HealthcareTech #PatientCare