Kovo HealthTech and CareCloud Join Hands For Electronic Health Records | India Pharma Outlook

Kovo HealthTech and CareCloud Join Hands For Electronic Health Records

India Pharma Outlook Team | Wednesday, 03 January 2024

 India Pharma Outlook Team

CareCloud, Inc., a national leader in health care technology solutions for physician practices and health systems, announced a strategic partnership with Kovo HealthTech Corporation, a pioneer in healthcare technology and Billing-as-a-Service. This historic collaboration aims to provide Kovo clients with a comprehensive suite of electronic health record (EHR) solutions, cutting-edge practice management software, unrivaled credentialing support, and an integrated clearinghouse.

Kovo stands out as a leading provider of billing-as-a-service solutions in the U.S. healthcare market, offering SaaS-based software and services to over 2,250 healthcare providers. Through the innovative KovoCloud platform, they efficiently manage patient care registration, services, billing, and payments, processing more than $250 million in annual billing transactions for over 4.5 million patients, as per  CareCloud.

“This partnership with Kovo is a strategic win-win, expanding CareCloud's reach to Kovo's 2,250 healthcare providers and 4.5 million patients through Kovo's established billing platform,” said Justin Pierce, CareCloud’s chief sales officer. “We gain recurring revenue from Kovo's SaaS contracts and also bolster Kovo’s offerings with our EHR, practice management software, and credentialing support. This enhanced suite positions both companies for market dominance while streamlining financial processes and administrative tasks for healthcare providers, ultimately allowing them to focus on what matters most - delivering exceptional patient care.”

Kovo is committed to offering CareCloud's software implementation and support services, ensuring a seamless integration experience for their valued clients. Kovo anticipates multiple beneficial effects on their business during the deployment phase, with the adoption of CareCloud's products significantly lowering costs while providing a full software solution to their clients.

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