CareCloud, Inc. (Nasdaq: CCLD, CCLDO), a leading provider of
healthcare technology and generative AI solutions, today announced
the official launch of its AI Center of Excellence (the “AI
CoE”) — a major strategic initiative aimed at delivering
scalable, domain-specific artificial intelligence solutions
purpose-built for healthcare.
“Our ground-breaking AI Center officially began
operations earlier this month with an inaugural team of over 50 AI
engineers, data scientists, and healthcare domain experts, marking
a pivotal moment in CareCloud’s journey,” said Hadi Chaudhry,
Co-CEO of CareCloud. “The AI Center of Excellence reflects our
long-term vision to lead in healthcare transformation. By
leveraging 25 years of clinical and financial data, CareCloud is
building proprietary, purpose-driven AI solutions that empower
providers to deliver better care—faster, smarter, and more
efficiently.”
The AI CoE operates under a dual-shore model,
seamlessly combining global engineering talent with localized
healthcare expertise. CareCloud plans to scale the team to 500 AI
professionals between now and the fourth quarter of 2025 — a
milestone that CareCloud believes will establish it as the largest
dedicated healthcare AI initiative in the world. The AI CoE is
fully self-funded, reflecting CareCloud’s strong operating cash
flows, disciplined execution, and the scalability of its global
delivery model. By leveraging a highly efficient cost structure
that outperforms U.S.-based competitors, CareCloud is uniquely
positioned to accelerate innovation at scale while delivering
enterprise-grade solutions with exceptional cost-effectiveness.
“The launch of CareCloud’s AI Center of
Excellence marks a major step forward in our growth strategy,” said
Stephen Snyder, Co-CEO of CareCloud. “RCM companies and other
industry competitors without advanced AI capabilities are being
left behind — survival and growth now depend on innovation at
scale. With the launch of our AI Center of Excellence, CareCloud is
not just adapting to this shift — we are driving it. By embedding
AI across every level of our organization, we are building a more
powerful, efficient, and future-ready company positioned to lead
the next era of healthcare.”
Some core focus areas of CareCloud’s AI CoE include:
-
Proprietary Healthcare AI Models: Developing
intelligent, domain-specific models for clinical workflows, revenue
cycle processes, and decision support.
-
Automation and Efficiency Gains: Streamlining
clinical documentation, coding, claims management, prior
authorizations, and compliance workflows.
-
Predictive and Preventive Analytics: Enabling
earlier identification of reimbursement risks, denial causes,
patient propensity-to-pay and operational bottlenecks.
-
Smarter Patient and Provider Engagement: Enhancing
communication, scheduling, patient education, and satisfaction
through AI-driven personalization.
-
Accelerated Innovation Across Platforms: Embedding
AI natively across EHR, RCM, and digital health products to deliver
real-time, scalable value.
CareCloud’s deep domain expertise and rich
historical datasets provide a significant advantage in training and
refining accurate, compliant AI models. By tightly integrating AI
across its technology stack, the company is poised to
deliver enterprise-grade, HIPAA-compliant solutions with
immediate real-world impact.
As the healthcare industry rapidly embraces
artificial intelligence, CareCloud’s AI CoE strengthens its role as
an innovation leader — driving operational transformation,
enhancing clinical outcomes, and reducing the administrative burden
on providers.
About CareCloud
CareCloud (Nasdaq: CCLD, CCLDO) 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 carecloud.com.
Follow CareCloud on LinkedIn, X and Facebook.
For additional information, please visit our
website at carecloud.com. To listen to video presentations by
CareCloud’s management team, read recent press releases and view
the latest investor presentation, please
visit ir.carecloud.com.
Disclaimer
This press release is for information purposes
only, and does not constitute an offer to sell or solicitation of
an offer to buy, nor shall there be any sale of these securities in
any state or other jurisdiction in which such offer, solicitation
or sale would be unlawful prior to the registration or
qualification under the securities laws of such state or
jurisdiction.
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
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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 Roth Interim
Chief Financial Officer and Corporate Controller CareCloud,
Inc. nroth@carecloud.com
Investor Contact: Stephen Snyder Co-Chief
Executive Officer CareCloud,
Inc. ir@carecloud.com
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