M&A Deal Summary

CareCloud Acquires Medical Accounting & Billing

On April 20, 2010, CareCloud acquired information technology company Medical Accounting & Billing

Acquisition Highlights
  • This is CareCloud’s 2nd transaction in the Information Technology sector.
  • This is CareCloud’s 2nd transaction in the United States.
  • This is CareCloud’s 1st transaction in Montana.

M&A Deal Summary

Date 2010-04-20
Target Medical Accounting & Billing
Sector Information Technology
Buyer(s) CareCloud
Deal Type Add-on Acquisition

Target

Medical Accounting & Billing

Helena, Montana, United States
Medical Accounting & Billing, Inc. is a medical billing company provides medical billing services to physicians throughout the state of Montana. Company based in Helena, Montana.

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Buyer(S) 1

Buyer

CareCloud

Somerset, New Jersey, United States

Category Company
Founded 1999
Sector Software
Employees3,600
Revenue 117M USD (2023)
DESCRIPTION

CareCloud is a provider of practice and revenue cycle management services and proprietary software solutions to private physician offices and hospital-employed provider groups. CareCloud was incorporated in 1999 and is based in Somerset, New Jersey.


DEAL STATS #
Overall 2 of 15
Sector (Information Technology) 2 of 12
Type (Add-on Acquisition) 2 of 14
State (Montana) 1 of 1
Country (United States) 2 of 15
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 Advanced Physicians Billing

Miami, Florida, United States

Advanced Physicians Billing, Inc. is a medical billing company providing medical billing services to physicians throughout the state of Florida for over 23 years. Company based in Miami, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-28 Better Billing

New Brunswick, New Jersey, United States

Better Billing LLC is a provider of medical billing company located in New Brunswick, New Jersey. BBC serviced healthcare practices across the state.

Buy -