Medsphere Systems

Aug 27, 2025

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.”