- Author: Julie M. Donnelly
- Publisher: Boston Business Journal
- Date: October 16, 2013
- Cloud-based health IT provider CareCloud may launch an IPO next year, CEO Albert Santalo said.
- “With the JOBS act, we see much smaller companies able to go public, and we’ll be big enough next year, so we are looking at it,” Santalo said in an interview. “But at our current growth rate, it may make more sense to wait for a more valuable public exit.”
- The Miami-based company just announced it has hired R. Scott Lentz as its chief financial officer. Lentz has experience preparing a registration statement to go public, when he previously held the CFO position at Wakefield, Mass.-based health IT firm Picis Inc. Picis filed to go public before the company was bought in 2010 by United Health Group.
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