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CareCloud to Unveil Innovative EHR Therapy Platform at American Physical Therapy Association Meeting

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CareCloud has announced the unveiling of a new therapy-focused electronic health record (EHR) version at the upcoming American Physical Therapy Association's Combined Sections Meeting in San Diego, California, from February 23-25, 2023. This enhanced version of talkEHR aims to improve patient care and practice operations specifically for therapy practices. Integrated with the therapy-focused solution CareCloud Remote, it offers operational efficiencies in various areas, including revenue cycle management and patient communication. The new EHR version is set to be released in the first quarter of 2023.

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  • Launch of therapy-focused EHR version expected to enhance patient care and operational efficiency.
  • Integration with CareCloud Remote boosts workflow management and patient communication.
  • Positive feedback from premier therapy clients on the existing CareCloud Remote solution.
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CareCloud will showcase how its new therapy-focused EHR version can improve patient care, outcomes and the bottom line for therapy practices

SOMERSET, N.J., Jan. 26, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced it will unveil a new version of an electronic health record (EHR) platform that has been customized to include features specific to physical therapy at the upcoming American Physical Therapy Association's (APTA) Combined Sections Meeting (CSM). The company will exhibit in booth 2444 at the event, which will take place February 23-25 in San Diego, California.

The enhanced version of CareCloud’s talkEHR, expected to be released later in the first quarter of 2023, includes features tailored to physical therapy practices and provides therapists with a comprehensive and easy-to-use tool for managing patient information and tracking progress. It was designed to be integrated and included with a therapy-focused digital health solution called CareCloud Remote, introduced early in 2022. Remote, which has received positive reviews from CareCloud premier therapy clients, can integrate with other industry-leading therapy EHR solutions. It is a proven digital health solution that helps skilled home-care practices achieve operational excellence. Remote offers maximum enterprise flexibility and drives efficiencies in revenue cycle management, referral management and credentialing, patient communications, tracking and scheduling, and patient feedback.

"We're thrilled to be participating at the APTA CSM and to showcase how our new EHR adaptation strengthens CareCloud Remote and can improve patient care, outcomes and the bottom line for therapy practices," said CareCloud Senior Vice President of Strategy Alfonso Nardi, who will be onsite at the APTA CSM event. "CareCloud Remote has already helped elevate organizations’ workflow management by using a dedicated team of professionals to streamline referral management, and a proprietary built-in algorithm with location tracking to get clinicians to patients on time. Remote also offers technology-enabled revenue cycle management powered by automation that can simplify administrative processes, improve workflows, and optimize the patient experience. With the addition of our new EHR version, CareCloud customers can now leverage the simplicity of our end-to-end therapy solution, which we think meets the needs of the therapy industry better than any other platform available.”

For more information about CareCloud's comprehensive suite of technology-enabled services and solutions, visit carecloud.com/solutions, or stop by the CareCloud booth during the APTA CSM.

About CareCloud
CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at www.carecloud.com.

Follow CareCloud on LinkedInTwitter and Facebook.

Forward-Looking Statements

This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could,” “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “forecasts,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management's expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of the Covid-19 pandemic on our financial performance and business activities, and the expected results from the integration of our acquisitions.

These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission. In addition, there is uncertainty about the spread of the Covid-19 virus and the impact it may have on the Company’s operations, the demand for the Company’s services, and economic activity in general.

The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE CareCloud

Company Contact:
Bill Korn
Chief Financial Officer
CareCloud
bkorn@carecloud.com

Investor Contact:
Asher Dewhurst
ICR Westwicke
CareCloudIR@westwicke.com

Media Inquiries:
Alexis Feinberg
ICR Westwicke
CareCloudPR@westwicke.com


FAQ

What is CareCloud's new therapy-focused EHR version?

CareCloud's new therapy-focused EHR version is an enhanced electronic health record platform tailored for therapy practices, designed to improve patient care and operational efficiency.

When will CareCloud unveil its new EHR version?

CareCloud will unveil its new EHR version at the American Physical Therapy Association's Combined Sections Meeting from February 23-25, 2023.

How does the new EHR version integrate with CareCloud Remote?

The new EHR version is integrated with CareCloud Remote, enhancing workflow management, patient communication, and operational efficiencies.

What are the expected benefits of CareCloud's new EHR version?

The new EHR version aims to improve patient care, streamline operational processes, and drive efficiencies in revenue cycle management.

What is the stock symbol for CareCloud?

CareCloud's stock symbols are CCLD, CCLDP, and CCLDO.
Carecloud Inc

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United States
SOMERSET