Here are six notes:
1. The funding round included new investments by The PNC Financial Services Group, First Data Corp. and Blue Cloud Ventures.
2. The company’s prior investors — Norwest Venture Partners, Intel Capital, Tenaya Capital and Adams Street Partners — all participated in the funding round, as well.
3. CareCloud plans to use the funding to further advance the transition to modern medicine and value-based care.
4. The company offers medical practices a cloud-based platform, designed to streamline workflow and boost patient engagement.
5. The platform is designed to modernize revenue cycle management, practice management and EHRs.
6. The technology aligns with medical practices specializing in cardiology, general surgery, orthopedics, dermatology, ophthalmology, neurology, internal medicine urology and family medicine.
More articles on coding, billing & collections:
ACA enrollment surges following election results: 4 takeaways
New Jersey insurers thriving under value-based care models: 4 things to know
If repealed, will California maintain its ACA exchange? 4 takeaways
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
