Carecloud, Inc. · NASDAQ:CCLD
Carecloud — Investor Presentation (August 2024)
15 slides from Carecloud's investor presentation, August 2024
Slide 1: CareCloud: Redefining the Next Generation of Healthcare
CARECLOUD: REDEFINING THE NEXT GENERATION OF HEALTHCARE Nasdaq Global Market: CCLD, CCLDP, CCLDO Investor Presentation August 2024 A leading provider of technology-enabled services and solutions that redefine the healthcare revenue cycle © CareCloud, Inc. 2024
Slide 2: Safe Harbor Statements
Safe Harbor Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statemen
Slide 3: At-a-Glance
at-a-Glance Nasdaq: CCLD Industry CareCloud was founded in Leading I created CareCloud as an answer to what 2000, IPO in 2014 software platforms across seemed to be a formidable problem at the clinical, financial and patient experience time. It was built from the ground up using tenacity and resil
Slide 4: Proven Leadership Team
Proven Leadership Team Stephen Snyder Mahmud Haq A. Hadi Chaudhry Founder & Chief Executive President Executive Chairman Officer & Director • Former CEO of Compass International • Joined in 2002 • Joined first in 2005 Services (Nasdaq: CMPS); completed 14 • Previously served as Manager of IT, Genera
Slide 5: Healthcare Provider Pain Points
Healthcare Provider Pain Points Patient Physician Transition to Reimbursement Administrative Staffing Experience Burnout Value-Based Challenges Burden Care Higher demand for Doctors working harder Transition requires Increased coding Physicians spending Staffing shortages better experience & tec
Slide 6: Enabling a Broad Spectrum of Clients and Partners
Enabling a Broad Spectrum of Clients and Partners Large Physician Groups Hospitals & Health Small Medical Industry Partners Systems Practices 15% of Revenue 55% of Revenue 20% of Revenue 10% of Revenue © CareCloud, Inc. 2024 5
Slide 7: CareCloud's End-to-End Healthcare Solutions
CareCloud’s End-to-End Healthcare Solutions Redefining the next generation of technology-enabled revenue cycle solutions Most customers who utilize technology-enabled revenue cycle management use one or more elements of CareCloud’s core technology (EHR or PM) TECHNOLOGY- CLOUD-BASED HIT CONSULTING &
Slide 8: CareCloud cirrusAI: Revolutionizing Healthcare with AI
CareCloud cirrusAI: Revolutionizing Healthcare with AI CareCloud’s suite of products continue to encompass cutting-edge solutions that are ahead of the curve. • CareCloud cirrusAI Guide provides AI-Powered Clinical Decision Support • CareCloud cirrusAI Chat our AI-Powered Virtual Assistant • CareClo
Slide 9: Microbots
Artificial Intelligence Microbots are “AI Digital Workers” that use microservices & APIs enabling simple handshakes between disparate EHR, PM and enterprise systems to automate repetitive, Microbot manual tasks. s Robotic Process Automation Platform Agnostic Applications Claim Status Eligibility Den
Slide 10: A transformational suite of digital health solutions
Digital Health A transformational suite of digital health solutions Remote Patient Chronic Care Management Monitoring Improving patient satisfaction by proactively managing Enabling proactive patient engagement by monitoring real- multiple chronic conditions outside the clinical setting. time health
Slide 11: Key Priorities for 2024: Leveraging Strengths to Drive Profitability and Free Cash Flow
Key Priorities for 2024: Leveraging Strengths to Drive Profitability and Free Cash Flow CareCloud’s objective to drive profitability and free cash flow is underpinned by an organization-wide commitment to operating leverage and improving the Company’s competitive position $26M $20M Total annualized
Slide 12: CareCloud's Unique Strengths Provide a Competitive Advantage
CareCloud’s Unique Strengths Provide a Competitive Advantage The combination of CareCloud’s leading healthcare technology platform, low-cost global team, and proven track record of integrating acquired businesses and turning them profitable gives CareCloud a competitive advantage Technology Platform
Slide 13: Global Resources
Global Resources 3,000+ Global Workforce ~10% ~90% Offshore Onshore © CareCloud, Inc. 2024 12
Slide 14: CareCloud Line of Credit Balance
CareCloud Line of Credit Balance $ million $10.0 $10.0 $9.0 $5.0 $2.5 $- Dec 2023 March 2024 June 2024 August 13, 2024 © CareCloud, Inc. 2024 13
Slide 15: Why CareCloud
Why CareCloud Leading technology-enabled RCM and cloud-based healthcare platform, with new digital health offerings, combined with low-cost offshore services team Disciplined growth driven by organic as well as strategic partnerships History of rapidly integrating large acquisitions driving enhanced