We at MedMatica and Santa Rosa, are incredibly proud to announce that we have joined CareCloud.

June 2, 2021

CareCloud Closes Strategic Acquisition, Accelerates Growth in the Hospital Market SOMERSET, N.J., June 2, 2021 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in cloud-based healthcare technology and revenue cycle solutions, today announced its continued expansion into the hospital and health system market, through its acquisition of industry leading businesses that provide IT consulting, strategic advisory services and workforce augmentation solutions to hospitals in the U.S., Canada and the Caribbean. The acquisition officially closed June 1, 2021, as CareCloud acquired certain assets from MedMatica Consulting Associates, Inc., including assets MedMatica previously acquired from Santa Rosa Consulting, Inc. (together, “MedMatica”). “We are incredibly impressed with what the MedMatica team has been able to accomplish, and are excited to invest in their continued growth,” said Stephen Snyder, CareCloud’s Chief Strategy Officer. “By combining MedMatica’s proven processes, domain knowledge, and deep health system relationships with our operational scale, resources, and broad technology capabilities, this synergistic combination enables CareCloud to better meet the evolving needs of existing hospital clients, broadens our value proposition and positions us for further growth.” “CareCloud’s investment will further enhance our competitive edge, while enabling us to offer a broader range of essential solutions to our health system clients,” said Jerry Howell, who will continue to lead MedMatica as its CEO. “We have remarkable synergies and I couldn’t be more excited about this next phase of our growth as we continue to expand our capabilities to meet the needs of our hospital clients.” “We’re pleased to welcome Jerry and the team,” said A. Hadi Chaudhry, CareCloud’s CEO. “The U.S. healthcare industry is going through an unprecedented transformation – one where technology and data are at the heart of change across the entire healthcare ecosystem. We are excited for the opportunity to pair our operational scale and powerful solutions with a new dimension of capabilities to serve this expansive market. This acquisition is in line with our previously expressed operational and financial guidance for the year and positions us to further accelerate our up-market growth strategy during 2021 and for years to come.” MedMatica has been serving the hospital market for over two decades and has partnered with more than 100 health systems over the past two years alone. They have a successful track record of planning and executing transformational projects while providing a full suite of consulting solutions that address their clients’ biggest technology and staffing challenges, including business intelligence, analytics, technology planning, interoperability, integration, regulatory compliance, and performance improvement. Post-acquisition, the combined operations and assets will be rebranded as “medSR” and continue to operate independently, with an EHR vendor neutral approach, under the leadership of Howell. CareCloud acquired Santa Rosa Staffing, Inc. and the assets of MedMatica Consulting Associates, Inc., on June 1, 2021, through the closing of an Asset and Stock Purchase Agreement. This does not purport to be a full overview of the transaction, additional information regarding which can be found in CareCloud’s Form 8-K, which was filed today with the U.S. Securities and Exchange Commission. Crosstree acted as advisors to CareCloud in connection with the transaction. About CareCloud CareCloud (Nasdaq: MTBC) (Nasdaq: MTBCP) brings […]

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MedMatica Consulting Associates Marks 20 Year Anniversary

February 22, 2021

MedMatica Consulting Associates (MedMatica) which provides healthcare information technology consulting services and support in a variety of health care settings, recently marked its 20th year in business. MedMatica’s leadership team is grateful to our clients and employees who have enabled MedMatica to grow into the firm it is today. MedMatica is proud of its 20 year legacy of providing high quality services to a client base consisting of a wide range of healthcare providers and other industry organizations. “I am so proud of the outstanding team we have assembled to serve our clients,” says Jerry Howell, Chief Executive Officer of MedMatica. “While the healthcare landscape and information technology have changed dramatically since 2001, our client service goals of meeting and exceeding expectations remain the same.” The MedMatica team consists of a diverse group of healthcare IT and operational professionals with a wide variety of expertise and experience. The leadership team has worked hard at cultivating long-term partnerships with clients and continually enhancing the ability to assign the right team of consultants required for successful project outcomes. We are grateful to our clients, new and old, who place their trust in our ability to deliver! MedMatica’s mission is to enable our clients to deliver continually improving healthcare through the use of technology; which delivers predictable value, cost, and outcomes. During the last 20 years, MedMatica has expanded the scope of information technology and operational services it provides to include a wide range of consulting, optimization, and ongoing support services. Investing in seasoned leaders and consultants has afforded MedMatica the ability to develop and offer specialized services in the implementation and support of the majority of leading EMR and ERP vendor solutions, Revenue Cycle support and transformation, and Education services surrounding healthcare application best practice use. About MedMatica Founded in Chester Springs, PA as a Healthcare Information Technology consulting services firm, MedMatica has been recognized by third-party organizations, such as Philadelphia 100 and Inc Magazine, for sustained growth, client satisfaction, and delivery of high-quality services. Providing superior value and results is at the heart of every MedMatica client engagement. For more information, visit www.medmatica.com or on LinkedIn.

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MedMatica Consulting Associates Adds Additional Revenue Cycle Leader to the Management Team

July 15, 2020

MedMatica Consulting Associates (“MedMatica”), a leading healthcare information technology consulting firm, announced today that it is continuing to expand its Revenue Cycle Services capabilities by adding another Senior Director to the organization. Melody Turner joins MedMatica as a Revenue Cycle Consulting Director and member of the leadership team. Melody has previously worked with several leading healthcare consultancies and provider organizations, where she gained extensive Revenue Cycle operations and business transformation experience.

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MedMatica Revenue Cycle Reopening Support Service

June 29, 2020

As providers grapple with the reopening of services and rescheduling of delayed procedures, they are also facing additional challenges. During the pandemic individuals have lost insurance coverage, service authorizations have expired, and patients who have been furloughed find it challenging to pay their deductibles and co-payments. This, in addition to Providers losing qualified staff or trying to play catch-up with slower payer responses, leads to slower reimbursement.

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MedMatica Consulting Associates Offers Remote Accounts Receivable Follow-Up Services

April 14, 2020

MedMatica Consulting Associates (“MedMatica”), a leading healthcare information technology consulting firm, announced today that it has added a new Remote-based, Accounts Receivable Follow-Up service to its continued expansion of the Revenue Cycle Practice. Mr. Bruce Adler, MedMatica’s Revenue Cycle Practice Director, has successfully led multiple Cash Acceleration engagements using the Remote AR Follow-up approach. This service puts the MedMatica team to work for clients directly on their Patient Accounting and Collection system(s) and eliminates the added complication of exchanging work files and uploading data on a periodic basis. Clients can see in real-time the status of their accounts and the increased cash collections from our combined efforts.

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Remote Accounts Receivable Follow-Up

March 31, 2020

Remote Accounts Receivable Follow-Up These are difficult times for Healthcare organizations. Revenue is certain to be impacted as is cash flow into your organization. To help organizations who might be facing cash flow concerns, have a reduction of available accounts receivable staff, or staff not accustom to working at home, MedMatica is offering a program of remote accounts receivable follow-up project management and staffing.

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Letter from the Desk of our CEO

February 21, 2020

As the new year starts feeling less “new”, I thought I’d take a moment to reflect on 2019. On behalf of myself and the entire Leadership team at MedMatica Consulting Associates, we want to thank all of you for the excellent work you did this year and commend your talents, dedication, and expertise.  You contributed significantly to the growth and sustainability of our company and the clients we serve.

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MedMatica Consulting Associates Adds Three Senior Consulting Leaders to the Management Team

December 10, 2019

MedMatica Consulting Associates (“MedMatica”), a leading healthcare information technology consulting firm, announced today that it has added three new consulting leaders to support the growing breadth of services it provides to an expanding client base.

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Measuring and Improving Clinician Satisfaction with their EHR

June 4, 2019

Recently in NYC, KLAS Vice Presidents Taylor Davis and Mitchell Josephson provided MedMatica and Healthcare Professionals from the New York City area an update on their findings from the KLAS Arch Collaborative. This group measures and analyzes Clinician Satisfaction with their EHR. KLAS has helped over 180 member organizations in 9 countries measure the feedback of their EHR system users. Based on the data gathered, the KLAS team has put together 10 key attributes that successful organizations demonstrate.

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Belated Happy New Year!

February 8, 2019

We begin 2019 fresh off of a very successful year for MedMatica, our clients, and employees. With the new year in full swing, I want to take a moment to look back on 2018. Most importantly, on behalf of the entire Management Team, I want to personally thank all of you who contributed so much to our company and the clients we serve.

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