Kovo HealthTech Partners with CareCloud for Electronic Health Records, Practice Management, and Credentialing Support
02 Januar 2024 - 3:00PM
CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in health
care technology solutions for medical practices and health systems
nationwide, today announced a strategic collaboration with Kovo
HealthTech Corporation, a leader in healthcare technology and
Billing-as-a-Service. This landmark partnership is designed to
empower Kovo clients with an advanced suite of electronic health
record (EHR) solutions, cutting-edge practice management software,
unparalleled credentialing support, and an integrated
clearinghouse.
Kovo stands out as a leading provider of
billing-as-a-service solutions in the U.S. healthcare market,
offering SaaS-based software and services to over 2,250 healthcare
providers. Through the innovative KovoCloud platform, they
efficiently manage patient care registration, services, billing,
and payments, processing more than $250 million in annual billing
transactions for over 4.5 million patients.
“This partnership with Kovo is a strategic
win-win, expanding CareCloud's reach to Kovo's 2,250 healthcare
providers and 4.5 million patients through Kovo's established
billing platform,” said Justin Pierce, CareCloud’s chief sales
officer. “We gain recurring revenue from Kovo's SaaS contracts and
also bolster Kovo’s offerings with our EHR, practice management
software, and credentialing support. This enhanced suite positions
both companies for market dominance while streamlining financial
processes and administrative tasks for healthcare providers,
ultimately allowing them to focus on what matters most - delivering
exceptional patient care.”
In the wake of this collaboration, Kovo clients
will enjoy access to a suite of CareCloud’s technology-enabled
solutions, including:
- CareCloud Charts: A comprehensive
and intuitive EHR platform facilitating seamless documentation,
care coordination, and billing.
- CareCloud Central: A cutting-edge
practice management solution empowering efficient management of
appointments, billing, insurance claims, and patient
communications.
- CareCloud Credentialing: A
streamlined solution and technology to navigate, track and monitor
the credentialing process.
Kovo is dedicated to providing implementation
and support services for CareCloud's software, enabling a seamless
integration experience for their valued client base. Anticipating
numerous positive impacts on their organization during the
implementation process, Kovo expects the adoption of CareCloud's
solutions to substantially lower costs, offering a comprehensive
software solution to their clients.
"The collaboration between Kovo and CareCloud
marks a transformative alliance, reshaping the healthcare
landscape,” said Greg Noble, Kovo's chief executive officer. “By
seamlessly integrating cutting-edge EHR, practice management, and
credentialing solutions, we are not just meeting industry demands;
we are setting new benchmarks. This partnership is a commitment to
innovation, cost optimization, and, above all, delivering
unparalleled value for healthcare providers and their patients.
Together, we are not just adapting to change; we are driving the
future of healthcare technology."
To learn more about CareCloud’s comprehensive
suite of technology-enabled services and solutions, visit
carecloud.com/solutions.
About Kovo HealthTech
Corporation
Kovo HealthTech Corporation is a growing
healthcare technology company that specializes in
Billing-as-a-Service offering SaaS-style recurring revenue
contracts and software for more than 2,250 US healthcare providers.
Kovo helps healthcare providers digitally track and manage complex
patient care registration, services, billing and payments in a
seamless way, using its industry-leading KovoCloud technology
platform. Currently, through its clients, Kovo processes over $250
million in annual billing transactions for more than 4.5 million
patients. By offering effective billing practices and technology
through long-term SaaS-style contracts, Kovo helps healthcare
practitioners get paid so they can focus on offering quality care.
To learn more about Kovo and to keep up-to-date on Kovo news, visit
www.kovo.com.
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 help them 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 LinkedIn, Twitter and Facebook.
SOURCE CareCloud
Company Contact:Larry SteenvoordenChief
Financial Officerir@carecloud.com
Media Inquiries:Kasey CabelloCommunications
Managerkcabello@carecloud.com
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