MTBC Medical Transcription Billing Corp

U.S. Ambassador Donald Blome Tours CareCloud’s Pakistan Office

U.S. Ambassador Donald Blome Tours CareCloud’s Pakistan Office

CareCloud’s Leadership Reinforces Strategic Economic Partnership Created by U.S. and Pakistan

SOMERSET, N.J., Oct. 18, 2022 (GLOBE NEWSWIRE) --  (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, was recently visited at its Bagh office in Pakistan by U.S. Ambassador Donald Blome. The ambassador commended the U.S.-based company for its invaluable community support, which strengthens economic growth for the area, including the construction of an academic institution that benefits CareCloud employees, their families and the community.

“[CareCloud] is a fantastic example of the kind of quality investment that brings economic growth and development, and Pakistan has enormous potential for more of this,” said Blome, who has served as U.S. Ambassador to Pakistan since April 2022. “This is an American firm that adheres to its principles of corporate social responsibility. They brought a beautiful school here and became part of the community. Pakistan can be a place that can draw this kind of investment, and I think the world has to see more of it – has to see examples like this.”

Founded by American entrepreneur Mahmad Haq in 1999 as Medical Transcription Billing, Corp., the healthcare information technology (IT) company went public in 2014 and rebranded to CareCloud in 2021. It now offers an extensive suite of modern, cloud-based clinical, financial and administrative software and services that has empowered U.S. healthcare providers for more than two decades.

CareCloud, with more than 500 U.S.-based employees and more than 4,000 employees globally, is a leader among the growing list of U.S. companies who have a strong presence in the fast-developing country of Pakistan, leveraging its highly productive workforce of educated, English-speaking workers. Pakistan offers tax incentives on IT exports and a low cost of living and equipment, making it among the most cost-effective labor markets compared to other countries, or exclusive reliance on U.S.-based employees.

“Thousands of Pakistanis have studied in the United States and have returned to Pakistan to assume key roles in business and government,” . “U.S. companies employ hundreds of thousands of Pakistanis, and we have built a network of personal and professional connections that has established a strong foundation for our relationship.”

CareCloud shares close ties with several U.S. diplomats, including current CareCloud board member and former U.S. Ambassador to Pakistan Cameron Munter. "Ambassador Blome's visit highlights the important role of CareCloud in Pakistan,” said Munter, who served as U.S. Ambassador to Pakistan from 2010 to 2012. “CareCloud’s commitment to the local community is a perfect example of how American business contributes to good relations among all parties. Moreover, these benefits, significant as they are in Pakistan, are also benefits for Americans, providing services that employ Americans, help American medical providers and offer an attractive prospect for American investors. CareCloud is, in my opinion, the perfect example of what America and Pakistan can achieve when they work together."

The newly-announced academic institution serving pre-K through 12th grade in Bagh is now open, with more than 750 students enrolled.

To learn more about CareCloud, visit

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 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
18/10/2022

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