CareCloud Closes Medsphere Acquisition, Expanding into the Hospital IT Market

CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and AI-powered solutions, announces it has acquired the business assets of Medsphere Systems Corporation (“Medsphere”), a provider of enterprise inpatient and ambulatory solutions with a 23-year legacy and more than 600 current clients across 50 states and U.S. territories. “Medsphere and CareCloud are creating a next-generation platform—faster, smarter, and well aligned with the evolving needs of health systems,” said Robert Hendricks, a member of the Board of Directors of Medsphere.

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Source: https://www.globenewswire.com/news-release/2025/08/25/3138413/16541/en/CareCloud-Closes-Medsphere-Acquisition-Expanding-into-the-Hospital-IT-Market.html

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