CareCloud, Inc. (CCLDP)

CareCloud, Inc. is a healthcare information technology company, which engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. It operates through the Healthcare IT and Practice Management segments. The Healthcare IT segment offers a proprietary web-based suite of services such as practice management applications, certified electronic health records solutions, revenue cycle management services and mobile health applications. The Practice Management segment provides medical practices as well as telemedicine, management, bill-paying and financial advisory services. The company was founded by Mahmud Haq in 1999 and is headquartered in Somerset, NJ.

Address

7 CLYDE ROAD
SOMERSET, NJ 08873

Founded

1999

Number of Employees

3,600

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - $546 - - - - - - - - $546
Average Price - - $0.85 - - - - - - - - $0.85
# Shares Purchased - - 644,565 - - - - - - - - 644,565
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - 136.3% - - - - - - - - 136.3%
S&P 500 Return to Date - - 168.6% - - - - - - - - 168.6%
Excess Total Return - - -32.3% - - - - - - - - -32.3%
Quartile Rank
Percentile Rank - - 67% - - - - - - - - 89%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.