HIT Consultant August 27, 2025
Fred Pennic

What You Should Know:

CareCloud, a provider of healthcare technology and AI-powered solutions, has announced its acquisition of the business assets of Medsphere Systems Corporation. Financial details of the acquisition were not disclosed.

– Medsphere is a provider of enterprise inpatient and ambulatory solutions with a 23-year legacy and over 600 clients across 50 states and U.S. territories.

Comprehensive Hospital IT Ecosystem

Medsphere’s hospital IT ecosystem, now part of CareCloud, includes a range of solutions that cover the full care continuum:

  • CareVue: An integrated inpatient EHR that combines clinical, financial, and patient accounting workflows.
  • RCM Cloud: A revenue cycle management platform hosted on Azure that covers scheduling, registration, billing, claims, A/R, and reporting.
  • Wellsoft: A KLAS-recognized Emergency...

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Topics: EMR / EHR, Mergers & Acquisitions / JV, Technology, Trends
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