CareCloud

The AI engine Fit Assessment

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Blurb

CareCloud, Inc., formerly MTBC, provides cloud-based technology-enabled software and services for medical practices in the US.

HQ Location

Somerset County (United States)

Founded

1999

Employees

1001 - 5000

Total funding raised

$186.60M

Last Funding Event

Acquired by MTBC, January 2020

Smart insights

  • Catherine Msc (Chief People Officer) worked at Lilium as Head of People Business Partnering for 1.5 years (2021 - 2022)
  • Val Miftakhov (Founder & CEO) worked at Google in various roles, including Head of R&D, Google for Work Incubation, for a total of 4 years (2012 - 2016)
  • 6m headcount growth: 25%
  • 1Y headcount growth: 94%
  • Headcount-to-last-round ratio: 5.3 employees/$M

CareCloud provides cloud-based revenue cycle management (RCM), practice management (PM), electronic health record (EHR), and patient engagement solutions for medical groups. It helps clients increase profitability, streamline workflow, and improve patient care nationwide. They provide a suite of apps that make data, and insights from that data, actionable in real-time. The company's data-driven tools make sense of the complex financial, administration, and outcomes components essential to providing and demonstrating value and achieving satisfaction. The company currently manages more than $4 billion in annualized accounts receivable on its integrated clinical and financial platform.