CareCloud, Inc. announced the launch of its abridged business intelligence platform, PrecisionBI Lite (PBI Lite), to expand the company's addressable market and extend powerful, financial analytics and business insights to small, independent practices. PBI Lite is a financial analytics platform thoughtfully designed to give cross-functional leaders of independent practices a powerful, holistic view of their financial data through a decluttered dashboard experience. The platform empowers administrators and physicians to make data-backed business decisions without bogging them down with complex reports.

PBI Lite is positioned to meet a growing market need. Independent practices are looking to unpack their financial data in the same way that large medical groups have for years, yet complex enterprise-level solutions don't compliment their nimble, high-growth workflows. PBI Lite is economized to deliver business-critical data quickly and easily for smaller, independent practices.