- CareCloud (NASDAQ:CCLD) shows 2022 milestones, appointed new sales and marketing leadership and expanded team from 13 at the beginning of 2020 to more than 50 by the end of 2022.
- 94% growth in annual recurring bookings, supported by growth in the company’s core healthcare technology.
- Signed large workforce augmentation contract that initially provides an anticipated few hundred employees to a well-known, publicly-traded healthcare technology company.
- CareCloud President and CEO Hadi Chaudhry noted that bookings improved every quarter in 2022, and the record numbers will help CareCloud grow more in the future.
- “CareCloud experienced record organic bookings in 2022, including more than $5 million in the second quarter, more than $7 million in the third quarter, and more than $8 million in the fourth quarter,” said Chaudhry. “In fact, we closed almost twice as much in new recurring bookings in 2022 as in 2021. When realized, those bookings will further advance our growth trajectory in the coming years.”