CareCloud Signs Agreement to Provide Supply Chain Management Platform for Ohio Hospital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 18h ago
0mins
CareCloud announced the signing of Memorial Hospital in Marysville, Ohio for its HealthLine supply chain management platform. The agreement brings CareCloud's comprehensive clinical supply chain solution to a community healthcare system committed to operational excellence and resource stewardship. "Healthcare supply chains are increasingly complex, and organizations need transparency without adding administrative burden," said Stephen Snyder, Chief Executive Officer of CareCloud. "HealthLine provides end-to-end visibility from ordering through clinical use, helping hospitals reduce waste, integrate with financial and sourcing systems, and free clinicians to focus on patient care. As we add AI capabilities over the coming quarters, HealthLine will evolve into an even more powerful platform, unlocking new levels of efficiency, insight, and operational performance."
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Analyst Views on CCLD
Wall Street analysts forecast CCLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CCLD is 6.42 USD with a low forecast of 3.25 USD and a high forecast of 8.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 2.870
Low
3.25
Averages
6.42
High
8.00
Current: 2.870
Low
3.25
Averages
6.42
High
8.00
About CCLD
CareCloud, Inc. is a provider of technology-enabled services and generative artificial intelligence (AI) solutions that redefine the healthcare revenue cycle management process. It provides technology-enabled revenue cycle management and a full suite of proprietary cloud-based solutions to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its Healthcare IT segment includes technology-assisted revenue cycle management, software-as-a-service solutions and professional and other services. Its Medical Practice Management segment includes the management of three medical practices. Its technology-enabled business solutions include Technology-enabled revenue cycle management, Cloud-based software, Digital health, and Healthcare IT professional services & staffing. Its revenue cycle management services, including end-to-end medical billing, eligibility, analytics, and related services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CareCloud Appoints New Executives to Accelerate AI Innovation
- Leadership Realignment: CareCloud announced that A. Hadi Chaudhry will become Chief Strategy Officer on January 1, 2026, focusing on enterprise AI development, aiming to drive growth in the healthcare technology sector through enhanced leadership.
- Financial Performance Improvement: Over the past two years, the company has significantly improved cash flow and margins, with expectations to achieve its first positive earnings per share in 2026, marking a continued enhancement of its financial health.
- Market Expansion: CareCloud has entered the inpatient software market through the acquisitions of Medsphere Systems and the HFMA MAP App, broadening its addressable market and further solidifying its position in the healthcare industry.
- Strategic Vision: New CEO Stephen Snyder emphasized a continued focus on execution and financial performance, driving AI-driven growth to ensure the company's long-term competitive advantage in the healthcare sector.
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CareCloud Appoints New Executives to Accelerate AI Innovation
- Leadership Realignment: CareCloud announced that A. Hadi Chaudhry will become Chief Strategy Officer on January 1, 2026, focusing on enterprise AI development, which aims to enhance the company's competitiveness in healthcare technology.
- Financial Performance Improvement: Over the past two years, the company has significantly improved cash flow and successfully entered the hospital software market, with expectations of achieving its first positive earnings per share in 2026, marking a major advancement in financial health.
- Market Expansion: CareCloud expanded into the inpatient software market through the acquisitions of Medsphere Systems and the HFMA MAP App, broadening its addressable market and strengthening its influence across the full care continuum.
- Strategic Focus: New CEO Stephen Snyder emphasized a continued focus on execution and margin expansion, ensuring the company maintains sustainable value in AI-driven growth, indicating strong future growth potential.
Continue Reading