CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a
leader in healthcare technology and AI-driven solutions, today
announced that it has successfully completed a SOC 2 Type 2
examination for the second consecutive year, receiving a clean
report with no exceptions. The examination scope of the Healthcare
IT systems, performed by an independent CPA firm, covered security,
availability, processing integrity, and confidentiality. This
accomplishment underscores the Company’s commitment to the highest
standards of data security, privacy, and regulatory
compliance—critical for healthcare providers, especially larger
enterprises such as health systems and hospital networks.
"Our ability to achieve a clean SOC 2 Type 2
report for the second consecutive year is a testament to the
strength of our security infrastructure and our commitment to
protecting sensitive healthcare data," said A. Hadi
Chaudhry, Co-CEO of CareCloud. "As we continue to advance our
AI-driven solutions and cloud-based platform, maintaining the
highest level of security and compliance remains a top priority.
This examination reinforces our dedication to delivering innovative
technology that meets the stringent requirements of enterprise
healthcare organizations."
Successfully completing the SOC 2 Type 2
examination affirms that the Company has
maintained rigorous security controls and operational
effectiveness across its cloud-based platform. This
milestone aligns the Company for continued expansion into
larger client bases, including health systems, multi-specialty
group practices, and enterprise-level healthcare
organizations that demand robust security and compliance
frameworks.
“We’re excited to be in a select group of an
estimated 10% of all EHR vendors who have achieved this important
attestation,” said Stephen Snyder, Co-CEO of CareCloud. “With
this attestation, we are uniquely positioned for further expansion
across larger healthcare enterprises who typically require a SOC 2
Type 2 attestation. As we continue to scale our offerings to meet
the needs of larger and more complex organizations, completing this
examination with a clean report distinguishes us among our
competitors and demonstrates our ability to support enterprise
clients with confidence and reliability."
As CareCloud expands its AI-driven
solutions, revenue cycle management (RCM) services, and electronic
health record (EHR) offerings to larger healthcare
organizations, this attestation solidifies its ability to meet
the evolving security and compliance needs of health systems and
enterprise clients.
About CareCloud
CareCloud brings disciplined innovation to the
business of healthcare. Our suite of AI and 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.
To listen to video presentations by CareCloud’s
management team, read recent press releases and view our latest
investor presentation, please visit https://ir.carecloud.com.
Follow CareCloud on LinkedIn, X and
Facebook.
Forward-Looking Statements
This press release contains various
forward-looking statements within the meaning of the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These statements relate to anticipated future events, future
results of operations or future financial performance. In some
cases, you can identify forward-looking statements by terminology
such as “may,” “might,” “will,” “shall,” “should,” “could,”
“intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,”
“believes,” “seeks,” “estimates,” “forecasts,” “predicts,”
“possible,” “potential,” “target,” or “continue” or the negative of
these terms or other comparable terminology.
Our operations involve risks and uncertainties,
many of which are outside our control, and any one of which, or a
combination of which, could materially affect our results of
operations and whether the forward-looking statements ultimately
prove to be correct. Forward-looking statements in this press
release include, without limitation, statements reflecting
management's expectations for future financial performance and
operating expenditures, expected growth, profitability and business
outlook, the impact of pandemics on our financial performance and
business activities, and the expected results from the integration
of our acquisitions.
These forward-looking statements are neither
historical facts nor assurances of future performance. Instead,
they are only predictions, are uncertain and involve substantial
known and unknown risks, uncertainties and other factors which may
cause our (or our industry’s) actual results, levels of activity or
performance to be materially different from any future results,
levels of activity or performance expressed or implied by these
forward-looking statements. New risks and uncertainties emerge from
time to time, and it is not possible for us to predict all of the
risks and uncertainties that could have an impact on the
forward-looking statements, including without limitation, risks and
uncertainties relating to the Company’s ability to manage growth,
migrate newly acquired customers and retain new and existing
customers, maintain cost-effective global operations, increase
operational efficiency and reduce operating costs, predict and
properly adjust to changes in reimbursement and other industry
regulations and trends, retain the services of key personnel,
develop new technologies, upgrade and adapt legacy and acquired
technologies to work with evolving industry standards, compete with
other companies’ products and services competitive with ours, and
other important risks and uncertainties referenced and discussed
under the heading titled “Risk Factors” in the Company’s filings
with the Securities and Exchange Commission.
The statements in this press release are made as
of the date of this press release, even if subsequently made
available by the Company on its website or otherwise. The Company
does not assume any obligations to update the forward-looking
statements provided to reflect events that occur or circumstances
that exist after the date on which they were made.
SOURCE CareCloud
Company Contact:Norman
RothInterim Chief Financial Officer and Corporate
ControllerCareCloud, Inc. nroth@carecloud.com
Investor Contact: Stephen
SnyderCo-Chief Executive OfficerCareCloud, Inc.ir@carecloud.com
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