EXPERIENCE

CareCloud is a leading acquirer of companies in the revenue cycle management and
healthcare IT space.

Our mission is to help our clients increase revenue by helping them solve their
business challenges. We cater to their needs by providing fully integrated solutions,
from technology-enabled RCM to AI-driven EHR cloud solutions, along with a suite of
analytics and other solutions to maximize value-based care.

We’ve evolved into the company we are today by focusing on organic growth,
cultivating strategic partnerships and acquiring company’s that help us remain on the
forefront as a solution provider.

MULTI-FACETED GROWTH STRATEGY

These pillars allow us to maximize revenue, expand market share
and continue delivering value for our clients.

Organic Growth

Aligned focus on growing market share by acquiring net new customers

Introducing new digital health solution suite, providing benefits to providers and patients

Sales initiatives on cross-selling to drive expanding share-of-wallet

Partnerships

Convert smaller competitors into customers

FORCE: Leverage CareCloud’s technology and/or on-demand workforce capabilities, including white-labeled revenue cycle management

Acquisitions

Acquire revenue cycle management companies and complementary businesses

Leverage efficiency and lower costs to grow adjusted EBITDA

GROWTH HISTORY

CareCloud was founded by American entrepreneur, Mahmad Haq, in 1999 as Medical Transcription Billing Corporation (MTBC). Mr. Haq’s wife was a physician, and the medical billing problems her practice faced were a barrier to delivering the best quality care to her patients.

Mr. Haq saw that problem and created a solution. Today, this vision is known as CareCloud. CareCloud was built upon the principles of rapidly delivering needed innovation and acquiring organizations to deliver one of the most complete healthcare technology suites that enable providers to deliver quality care.

1999

MTBC FOUNDED

january 2007

florida

november 2008

west virginia

february 2010

montana

september 2010

new jersey

june 2011

new jersey

february 2012

north carolina

march 2012

ohio

july 2012

new jersey

june 2013

new york

July 2014

IPO

july 2014

california

july 2014

california

july 2014

new york

july 2014

California

june 2015

texas

september 2015

new york

february 2016

texas

may 2016

tennessee

july 2016

new jersey

October 2016

texas

july 2017

washington

july 2018

texas

April 2019

new york

january 2020

florida

june 2020

connecticut

2021

tennessee