Transformational acquisition extends CareCloud’s attain into inpatient EHR and RCM, bringing reasonably priced options to small and mid-sized hospitals nationwide.
CareCloud, a pacesetter in healthcare expertise and AI-powered options, introduced it has acquired the enterprise property of Medsphere Programs Company (“Medsphere”), a supplier of enterprise inpatient and ambulatory options with a 23-year legacy and greater than 600 present purchasers throughout 50 states and U.S. territories.
“Medsphere and CareCloud are making a next-generation platform—sooner, smarter, and properly aligned with the evolving wants of well being programs,” mentioned Robert Hendricks, a member of the Board of Administrators of Medsphere. “Our 600+ purchasers will profit from integrating our full-stack providing with CareCloud’s AI and R&D infrastructure, positioning the mixed firm as an unmatched supplier throughout the total care continuum.”
“This is among the most transformational transactions in our historical past,” mentioned Stephen Snyder, Co-Chief Government Officer of CareCloud. “By combining our superior AI capabilities with Medsphere’s confirmed expertise, we are going to ship an reasonably priced, scalable resolution for resource-constrained small and middle-market hospitals throughout the nation. These amenities are sometimes underserved by cost-prohibitive giant enterprise distributors, and we see an amazing alternative to assist them modernize operations, enhance affected person care, and strengthen their monetary place.”
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Medsphere’s hospital IT ecosystem consists of:
- CareVue – built-in inpatient EHR combining medical, monetary, and affected person accounting workflows
- RCM Cloud – Azure-hosted income cycle administration platform protecting scheduling, registration, billing, claims, A/R, and reporting
- Wellsoft – KLAS-recognized Emergency Division Data System (“EDIS”) for acute and behavioral well being
- HealthLine – provide chain and stock administration instruments for hospital environments
- ChartLogic – ambulatory EHR and observe administration suite for doctor practices, with a deal with orthopedics
- Phoenix & Systeem IT Managed Companies – vendor-neutral providers together with implementation, assist desk, interface administration, and infrastructure help
The transaction closed on August 22, 2025. Extra particulars can be found in CareCloud’s Kind 8-Okay to be filed later at the moment.
CareCloud brings disciplined innovation to the enterprise of healthcare. Our suite of AI and technology-enabled options helps purchasers improve monetary and operational efficiency, streamline medical workflows and enhance the affected person expertise. Greater than 40,000 suppliers depend on CareCloud to assist them enhance affected person care, whereas decreasing administrative burdens and working prices. Be taught extra about our services, together with income cycle administration (RCM), observe administration (PM), digital well being data (EHR), enterprise intelligence, affected person expertise administration (PXM) and digital well being
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