CareCloud Continues to Experience Growing Demand for Critical Digital Health Solutions
06 Januar 2023 - 3:00PM
CareCloud, Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in
healthcare technology solutions for medical practices and health
systems nationwide, today shared that they continue to see
increasing demand and adoption of their new digital health
solution, CareCloud Wellness, that will accelerate through 2023.
CareCloud Wellness is a comprehensive suite of
digital health solutions that includes remote patient monitoring
(RPM) and chronic care management (CCM). They help medical
practices deliver the next generation of healthcare by extending
access to care and helping them adapt to the increasing demand for
providers to be more involved with their patient's health. RPM uses
cellular-connected devices to monitor real-time health data outside
the clinical setting directly to care teams. CCM provides a
workforce extension solution using a dedicated team of care
coordinators to extend care to high-risk patients with multiple
chronic conditions to educate them about their health, improve
patient satisfaction, avoid unnecessary in-person appointments and
help prevent unnecessary hospitalizations.
CareCloud’s CCM solution was first introduced in
mid-2022, and initially offered exclusively to existing CareCloud
revenue cycle management clients. CareCloud added RPM to the suite
of digital health solutions in September, packaging it with CCM to
form CareCloud Wellness. Because of its growing popularity and
recognized success, a greater initiative is underway to offer the
solutions to a broader base.
“Having a team of care managers to help our
practice develop a proactive approach to care delivery is
invaluable not only to our practice, but also to our patients,”
said Dr. Ahmed Mirza, an internist and geriatrician at Geriatrics
Associates of New Jersey LLC. “The care managers' prompt and
thorough communication keeps me informed of patient questions and
concerns, as well as ensures that my patients feel our practice is
taking a more active role in managing their health conditions,
instead of waiting until something goes wrong to connect with them.
This allows me to provide the best possible care for my
patients.”
The end-to-end digital health options offered
through CareCloud Wellness help providers improve care delivered to
their patients, unlock reimbursement opportunities and remove
administrative burdens associated with CCM coding complexities.
“The Centers for Medicare & Medicaid
Services (CMS) recognizes CCM as a critical component of primary
care, and has further amplified its value by increasing patient
care delivery and reimbursements offered through these types of
programs,” said Dr. Iram Fatima, CareCloud’s chief operating
officer for electronic health records and digital health.
“CareCloud Wellness can help providers create revenue opportunities
by capitalizing on critical virtual services provided to eligible
chronic patients. These services also allow them to increase their
patients' engagement by reducing office calls while increasing
patient visits.”
As previously announced, on Tuesday, Jan. 10,
2023, CareCloud will change its Nasdaq ticker symbol from MTBC to
CCLD. CareCloud’s Series A Preferred Stock ticker will also change
from MTBCP to CCLDP, and the Series B Preferred Stock ticker will
change from MTBCO to CCLDO.
To learn more about how CareCloud helps
healthcare providers adapt to meet the demands of the new
generation of healthcare, visit carecloud.com /digital-health.
About
CareCloudCareCloud (Nasdaq: MTBC, MTBCO, MTBCP)
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, telehealth and patient experience management
(PXM) at www.carecloud.com.
Follow CareCloud on LinkedIn, Twitter and Facebook.
SOURCE CareCloud
Company Contact:Bill KornChief Financial
OfficerCareCloudbkorn@carecloud.com
Investor Contact:Asher DewhurstICR
WestwickeCareCloudIR@westwicke.com
Media Inquiries:Alexis FeinbergICR
WestwickeCareCloudPR@westwicke.com
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