MTBC Medical Transcription Billing Corp

CareCloud’s medSR Division Optimizes Operations and Drives Cost Savings for East Tennessee Children’s Hospital

CareCloud’s medSR Division Optimizes Operations and Drives Cost Savings for East Tennessee Children’s Hospital

Implementation of a New Enterprise Resource Planning (ERP) System Will Strengthen Hospital’s Supply Chain Improvement Efforts

SOMERSET, N.J., Oct. 25, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, has announced a partnership between CareCloud’s medSR division and East Tennessee Children’s Hospital (ETCH) that will enhance patient experience and increase cost efficiency at the hospital through supply chain improvement.

Heading the partnership is medSR, which has been working with the hospital for the past eight months to solve costly supply chain problems. medSR and ETCH now plan to implement an enterprise resource planning (ERP) system that will bolster efforts already underway by medSR to update the hospital’s processes and operations, reduce costs, refine strategic and financial planning, while simultaneously providing better patient care. The engagement demonstrates how CareCloud and medSR can provide comprehensive supply chain services for health systems by working top to bottom to revamp procurement activities that are customized to fit clients’ existing systems.

“Supply chain represents the second largest expense for any healthcare institution, and the current raw material and labor shortages make navigating supply procurement that much harder,” said Dwight Garvin, medSR’s executive vice president and chief operating officer. “medSR can help alleviate some of those burdens by acting as an extension of ETCH. The implementation of the ERP will increase business intelligence for the hospital by automating processes and improving the accuracy of data which can help ETCH make better decisions and, ultimately, improve the patient experience.”

“Our former supply chain system lacked oversight and clinical trust, and we had very few ways to bridge those gaps,” said Caryn Hawthorne, ETCH vice president of finance. “This would have taken years for our current team to rectify. We needed a solution, and medSR provided it.”

Lesa Hawkins, ETCH’s financial controller, added, “The hospital’s business process has been synchronized with the help of medSR and our accounts payable and supply chain staff. We went from more than 500 purchase order exceptions to less than 30 in under six months' time. This cleaned up our month-end process significantly, allowing us to close faster and with greater confidence in the accuracy of our numbers.”

medSR is a premier information technology and operations consulting team that specializes in planning and executing transformational projects. To learn more about medSR’s advisory and consulting capabilities, visit .

Follow medSR on , and

About CareCloud 

CareCloud (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 help them 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 . 

Follow CareCloud on ,  and . 

SOURCE CareCloud 

Company Contact: 

Bill Korn 

Chief Financial Officer 

CareCloud 

 

Investor Contact: 

Gene Mannheimer 

ICR Westwicke 

Media Inquiries: 

Alexis Feinberg 

ICR Westwicke 

 



EN
25/10/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Medical Transcription Billing Corp

 PRESS RELEASE

CareCloud’s Marketware Team to Present at 2026 AAPPR Annual Conference

CareCloud’s Marketware Team to Present at 2026 AAPPR Annual Conference AI-Driven Physician Recruitment Will Deliver Faster Hiring and Measurable ROI SOMERSET, N.J., April 01, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO), (“CareCloud” or the “Company”), a leader in healthcare technology and AI-driven solutions, today announced it will present at the 2026 Association for Advancing Physician and Provider Recruitment (“AAPPR”) Annual Conference, April 13–15 in Orlando, Florida, while showcasing its Marketware physician strategy platform. Marketware enables healthcare organ...

 PRESS RELEASE

CareCloud Highlights Successful Preferred A Conversion, Progress Towar...

CareCloud Highlights Successful Preferred A Conversion, Progress Toward Capital Structure Simplification, and Reaffirms Growth Outlook SOMERSET, N.J., March 30, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leading provider of healthcare technology and revenue cycle management solutions, today highlighted the successful continued market absorption of the Q1 2025 conversion of its Series A Preferred Stock (“Preferred A”, formerly traded as CCLDP) into common equity, while reaffirming its previously issued financial guidance and continued c...

 PRESS RELEASE

CareCloud Unveils Next-Generation MAP App at HFMA Revenue Cycle Confer...

CareCloud Unveils Next-Generation MAP App at HFMA Revenue Cycle Conference SOMERSET, N.J., March 18, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and AI-powered solutions, today announced that the Company will attend the HFMA Revenue Cycle Conference in Arlington, Texas, where it will showcase the continued evolution of MAP App, its web-based revenue cycle benchmarking. CareCloud will also host a networking happy hour during the conference and offer a live webinar for those unable to attend in person. MAP...

 PRESS RELEASE

CareCloud to Participate in the 6th Annual KeyBanc Capital Markets Hea...

CareCloud to Participate in the 6th Annual KeyBanc Capital Markets Healthcare Virtual Forum SOMERSET, N.J., March 17, 2026 (GLOBE NEWSWIRE) -- (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and AI-powered solutions, today announced that the Company will participate in the 6th Annual KeyBanc Capital Markets Healthcare Virtual Forum on Tuesday, March 17, 2026. Company executives will participate in a fireside chat as part of the forum. The session will be streamed live to registered attendees of the conference. A replay will subsequently be made av...

 PRESS RELEASE

CareCloud to Ring Nasdaq Closing Bell on May 19, 2026 and Host Analyst...

CareCloud to Ring Nasdaq Closing Bell on May 19, 2026 and Host Analyst Day at Nasdaq MarketSite in New York City SOMERSET, N.J., March 16, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leading provider of healthcare technology and revenue cycle management solutions, today announced that the Company will ring the Nasdaq Closing Bell on Tuesday, May 19, 2026, at the Nasdaq MarketSite in New York City. The event will coincide with CareCloud’s 2026 Analyst Day, which will be hosted at the Nasdaq building in Times Square. The event comes at a...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch