24/7 Market News Snapshot 25 August, 2025 – CareCloud, Inc. Common Stock (NASDAQ:CCLD)

August 25, 2025

DENVER, Colo., 25 August, 2025 (www.247marketnews.com) – (NASDAQ:CCLD) are discussed in this article.
CareCloud, Inc. (CCLD) has made significant strides in healthcare technology by acquiring Medsphere Systems Corporation, enhancing its portfolio with solutions for inpatient electronic health records (EHR) and revenue cycle management (RCM). As a result of this strategic acquisition, CareCloud is poised to deliver innovative healthcare technology solutions, particularly to small and mid-sized facilities that have traditionally faced financial barriers in accessing advanced IT systems.

Today, CareCloud’s stock opened at $2.85 and is currently trading at $3.115, reflecting an increase of approximately 10.07%. The previous day’s close at $2.83 highlights a positive momentum in investor sentiment, demonstrated by a current trading volume of around 970.75K shares. This surge could be attributed to the favorable news surrounding the Medsphere acquisition, which brings with it over 23 years of expertise and a base of more than 600 clients. The alignment of Medsphere’s trusted technologies with CareCloud’s cutting-edge capabilities promises to enhance operational efficiencies in hospitals and improve patient care through more accessible and cost-effective solutions.

Stephen Snyder, Co-CEO of CareCloud, emphasized the importance of this acquisition, stating, “This marks one of the most pivotal transactions in our history. By merging our AI capabilities with Medsphere’s technology, we create affordable, scalable solutions for resource-limited hospitals.” The collaboration is set to integrate key platforms, including Medsphere’s CareVue EHR and RCM Cloud, along with Wellsoft’s Emergency Department Information System and ChartLogic for ambulatory practices. Collectively, these offerings aim to streamline clinical workflows, ultimately empowering healthcare providers to focus on delivering exceptional patient care while addressing administrative hurdles effectively.

This pivotal development signifies a transformative step in CareCloud’s mission to innovate within the healthcare sector, reshaping the landscape of healthcare technology and enhancing the delivery of efficient patient services.

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