CareCloud

CareCloud, Inc. (formerly MTBC) is a publicly traded American healthcare information technology company that provides a full suite of proprietary cloud-based solutions, together with related business services, to healthcare providers and hospitals throughout the United States. The Company maintains its headquarters in Somerset, New Jersey and employs approximately 3,500 team members worldwide.
CareCloud’s common stock trades on the Nasdaq Global Market under the ticker symbol “MTBC,” and its Series A Preferred Stock trades on the Nasdaq Global Market under the ticker symbol “MTBCP.”
History.
CareCloud was founded in 1999 (as MTBC) by American entrepreneur and businessperson, Mahmud Haq as Medical Transcription Billing, Corp in the United States. The earliest days of the Company were focused on providing transcription and manual medical billing to healthcare providers primarily located in New Jersey.
In 2004 , the company developed a fully integrated suite of services that includes a proprietary practice management platform, ONC-ACB, meaningful use stage 2 certified complete electronic health records software and a revenue cycle management service.
On June 6, 2013, former ambassador to Pakistan, Cameron Munter joined MTBC's Board of Directors.
On July 23, 2014, the company went public on NASDAQ Capital Market under the ticker symbol "MTBC." The preferred stock trades under “MTBCP.”
In 2017, the company launched talkEHR, the industry’s first voice-enabled electronic health record, to provide doctors with a more natural means of charting and documenting encounters.
In 2019, they changed the corporation name from Medical Billing Transcription, Corp to MTBC, Inc.
In 2021, they changed the corporation name to CareCloud, Inc.
The company also has operations in Pakistan and Sri Lanka.
Acquisitions.
Post-IPO, the company (as MTBC) made 16 acquisitions including revenue cycle management and healthcare IT companies in the United States. Some of the key acquisitions include Gulf Coast Billing (2016), Renaissance Physician Services (2016), MediGain (2016), Orion (2018).
In 2020, CareCloud (formerly MTBC) made two major acquisitions of healthcare technology companies; CareCloud Corporation and Meridian Medical Management for reportedly up to $40M and $24.8M, respectively.
Products and Services.
CareCloud offers Software-as-a-Service (or SaaS) platform that includes revenue cycle management (RCM), business intelligence, telehealth, practice management (PM) electronic health record (EHR), patient experience management (PXM), Robotic Process Automation (RPA), and solutions for high-performance medical groups. 
Awards.
In 2020, CareCloud (as MTBC) was awarded public company of the year by TechUnited New Jersey. In years 2009-2012 and 2016, the company was included in the Deloitte Technology Fast 500 list as a fastest growing US tech company. In years 2010-2013, they were included in the Inc. 5000 as a fastest growing US company. In 2012, CareCloud was nominated for the US Secretary of State's Award for Corporate Excellence. In 2015, they were ranked as a Top 50 EHR software company by Medical Economics.