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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 Department Information System (EDIS) for acute and behavioral health.
- HealthLine: Supply chain and inventory management tools for hospital environments.
- ChartLogic: An ambulatory EHR and practice management suite for physician practices, with a focus on orthopedics.
- Phoenix & Systeem IT Managed Services: Vendor-neutral services for implementation, help desk, interface management, and infrastructure support.
The transaction closed on August 22, 2025. Additional details about the acquisition are available in CareCloud’s Form 8-K.
“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. “Our 600+ clients will benefit from integrating our full-stack offering with CareCloud’s AI and R&D infrastructure, positioning the combined company as an unmatched provider across the full care continuum.”
