MIAMI & BOSTON — November 14, 2013 — CareCloud, the fastest-growing provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, today announced that it will present at the 25th Annual Piper Jaffray Healthcare Conference on Tuesday, Dec. 3, at the Palace Hotel in New York City. Albert Santalo, CareCloud’s Chairman and CEO, will discuss the significant growth of CareCloud’s cloud-based platform for medical groups as well as recent corporate milestones. He is scheduled to present at 3:10 p.m. (EST).
The Piper Jaffray Healthcare Conference will feature more than 250 of the most highly regarded and influential companies in the biotechnology, specialty in the pharmaceutical, medical technology, medical diagnostic and device, and healthcare service sectors. The event will bring together key executives, investors and other industry leaders to network, share ideas and explore developing trends in the marketplace
In August of 2013, CareCloud announced it had secured $29 million in Series B funding, led by Tenaya Capital with participation from Adams Street Partners and included existing investors Intel Capital and Norwest Venture Partners. This latest round brings CareCloud’s total funding to $55 million.
The company’s cloud-based platform currently supports more than 4,000 providers in 47 states and manages more than $2.5 billion in annualized accounts receivables on behalf of clients leveraging its cloud-based revenue cycle management service. The Company’s award-winning platform also engages more than 5.5 million unique patients through CareCloud Community, which allows for greater patient engagement, care coordination and is the cornerstone of the company’s vision to be the industry’s Single Log In for Healthcare.