CareCloud Selected by Cornerstone Healthcare Group for Professional Billing Support
November 29 2022 - 9:00AM
CareCloud, Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in
healthcare technology solutions for medical practices and health
systems nationwide, today announced Cornerstone Specialty Hospitals
West Monroe has selected CareCloud to handle its revenue cycle
management (RCM) services to strengthen their capabilities and
drive better financial outcomes.
Cornerstone Healthcare Group operates 15
hospitals throughout the U.S., including the West Monroe,
Louisiana, location, which specializes in acute care for patients
with complex medical needs. CareCloud's RCM services will integrate
with Cornerstone's electronic health record vendor to support the
West Monroe location’s professional billing.
CareCloud was recommended to Cornerstone
Specialty Hospitals West Monroe by several Cornerstone physicians
who had previous experience with the breadth of services and
solutions offered by CareCloud. CareCloud’s RCM services and
back-office team will work as an extension of the specialty
hospital’s workforce at a fraction of what it would cost to hire
that many in-house employees. The added support from CareCloud’s
experienced team that knows how to optimize the revenue cycle will
help Cornerstone capture maximum revenue while reducing labor costs
and billing errors.
“CareCloud’s RCM services work with any platform
or technology, allowing healthcare providers to capitalize on our
capabilities while maintaining existing software solutions from
another provider,” said Alfonso Nardi, CareCloud’s senior vice
president of strategy. “Through the services, a highly engaged team
of specialized billing, remittance, and collection members offers
strategic support to optimize the payment cycle. The comprehensive
solution assists providers with increasing collections while
reducing administrative burdens. This ensures every dollar is
captured and opportunities for both front-end and back-end
operational improvement are identified.”
CareCloud has earned continual recognition for
its RCM services throughout 2022, including Tech Radar and
business.com both naming CareCloud as one of the Best Medical
Billing Services of 2022 in various categories.
Learn more about CareCloud’s RCM services at
carecloud.com/rcm.
About
CareCloudCareCloud (Nasdaq: MTBC, MTBCO, MTBCP)
brings disciplined innovation to the business of healthcare. Our
suite of 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 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, telehealth and patient experience management
(PXM) at www.carecloud.com.
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SOURCE CareCloud
Company Contact:Bill KornChief Financial
OfficerCareCloudbkorn@carecloud.com
Investor Contact:Gene MannheimerICR
WestwickeCareCloudIR@westwicke.com
Media Inquiries:Alexis FeinbergICR
WestwickeCareCloudPR@westwicke.com
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