Today’s EHR and HIT news includes a customer update from Allscripts as well as two instances of partnership news. The first between CareCloud and ZocDoc and the second between Codonics and Intelligent Hospital Systems. [Read more…]
I just read a fascinating article by Zina Moukheiber (@ZinaMoukheiber) titled Can Cloud-Computing take on the Health Care Establishment? It’s an interesting read with quotes from Johnathan Bush, the chairman and chief executive officer of athenahealth – an industry giant.
In the article he gushes about the user interface of CareCloud, a newish EHR vendor operating exclusively in the cloud.
The article makes some great points about the entrenched leaders in the business (Epic, among others) and how difficult it will be for cloud vendors to unseat them at the upper end of the market. I agree – fighting that battle would not be wise – but I’m not sure most cloud vendors are going after that business. At least not yet, and probably not for years to come. It seems to me the best place for the dozens of already successful cloud vendors to grow will be at the group practice to small hospital level, where IT skills are less readily available.
The article is well worth reading.
(Image credit: Getty Images via @daylife)
CareCloud, a provider of web-based practice management, electronic healthcare record and medical billing software and services, today announced that it has appointed Joseph P. Sawyer as Vice President of Marketing. In his new role, Mr. Sawyer will oversee CareCloud’s marketing and channel development efforts.
“Joe brings tremendous experience in driving the development and launch of disruptive technologies and he will play a critical role as we continue to expand our scope of products and services in the market,” said Santalo. “A key element to our success will be our ability to continue refining our marketing engine and overall branding efforts as it relates to driving sales and differentiating CareCloud in the marketplace. It was clear Joe was the ideal executive to lead these efforts and we are thrilled to have him join the CareCloud team.” [Read more…]
CareCloud, a provider of cloud-based healthcare management solutions has announced Series A funding of $20.1 million, led by Intel Capital and joined by Norwest Venture Partners. The round includes an approximately $3.8 million conversion of debt to equity.
“In just a year and a half, the rapid acceptance of our cloud computing platform, which delivers intuitive, powerful apps for practice management, revenue cycle management and soon-to-be electronic medical records, has demonstrated that physicians, staff and administrators are tired of a lackluster software experience,” said Albert Santalo, CEO and founder. “We’re ready to further accelerate our growth and product development, and are delighted to find investors who share our passion for revolutionizing the healthcare experience. We look forward to tapping their deep expertise as we expand our healthcare ecosystem, unveil our electronic medical record (EMR), and prepare to launch our mobile solution.”
CareCloud, which launched in 2010, is already exceeding $500 million in accounts receivables under management for the physicians and healthcare providers they serve in the United States. The unique, cloud-based healthcare management solution provides medical practices with a comprehensive and secure system that unifies clinical, financial, and administrative workflow to deliver better results in all areas of healthcare management through the next generation of user-friendly technology.
The company’s healthcare apps are built on a proprietary social foundation, which delivers a more connected healthcare experience that allows physicians, staff and even patients to interact on a human level and transact on a business level. In addition to introducing its EMR, CareCloud will launch several new apps this year, continue to grow their healthcare ecosystem, and foster a more interactive environment for healthcare.