[January 24, 2013]

HealthTronics Selects CareCloud's Cloud-Based Solutions to Help Physicians Optimize Patient Care and Practice Management Operations

CareCloud, a leading provider of cloud-based practice management, electronic healthcare record (EHR), revenue cycle management and medical billing software and services, today announced that the company has partnered with HealthTronics, Inc., a subsidiary of Endo Health Solutions Inc. (Nasdaq: ENDP), to bring to market a new integrated electronic health record and practice management offering specific to urology practices across the nation.

Under the terms of agreement, HealthTronics, a urology solutions company, will combine CareCloud's practice management solution, CareCloud Central, with its UroChartEHR^® and meridianEMR™ urology specific EHR systems, to provide urologists with a fully integrated clinical and financial platform to help enhance patient care and drive improved practice performance.

"As more medical group continue to understand how getting onto the cloud can help them automate their practice it's imperative that we help them do this in the least disruptive and most cost effective manner possible, and we feel this exciting new platform addresses this need in the urology-specific market," said Albert Santalo, Chairman and CEO for CareCloud. "Healthcare is a complex industry and as such, not all physician practices need to outsource their billing or need a vendor's full suite of products. It's important we provide medical groups with a flexible model that allows them to leverage the cloud in the way that best meets their immediate needs. We are excited about joining with HealthTronics by coupling our practice management offering with their urology-specific clinical offering and providing them with a platform designed specifically for their needs and the care they provide."

As part of HealthTronics and CareCloud's new integrated offering, urology practices can select between HealthTronics' two EHRs, each of which will have a unique interface to CareCloud's practice management system. CareCloud's practice management software will provide physician's practices with dynamic billing rules intelligence, expert support, reporting tools, automated claim submission, and comprehensive analytics reporting that will enable medical groups to track and optimize revenue and operations performance in real-time. With the UroChartEHR and meridianEMR systems both being fully ONC-ATCB certified as complete EHRs, this new offering will also allow physicians to qualify as "Meaningful Users" of their EHR and receive their federal incentive. Additionally, HealthTronics' clients will also have the potential to access CareCloud's revenue cycle management service, CareCloud Concierge. Supported by CareCloud's practice management platform, this service includes a virtual billing back office, dynamic rules intelligence and a reimbursement management system.

"After making the decision to use UroChartEHR for my transition to electronic health records, it became clear that I would need a new practice management system as well. In researching different options, there was great appeal to using a cloud-based platform and obviate the need to have servers in my office. I chose CareCloud because of its many features and almost intuitive simplicity of use," said Dr. Marcus H. Loo, a New York City-based Urologist. "The integration of UroChartEHR and CareCloud in my practice has been seamless and the training of my staff by the CareCloud implementation specialists has exceeded my expectations. I also came away from the experience with the sense that the CareCloud and UroChartEHR teams coordinated the integration well with minimal disruption to my office workflow and patient care."

About CareCloud

CareCloud is a leading provider of cloud-based practice management, electronic health record (EHR) and medical billing software and services for medical groups. The company's products are connecting providers to one another - and to their patients - through a fully integrated digital healthcare ecosystem that can be accessed on any browser or device.

CareCloud is helping thousands of physicians to increase collections, streamline operations and improve patient care in more than 45 states. The company received over $20 million in Series A funding from Intel (News - Alert) Capital and Norwest Venture Partners in 2011. To learn more about CareCloud, please visit www.carecloud.com.

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