CareCloud Announces Acquisition of HFMA’s MAP App to Expand AI-Driven Benchmarking in Hospitals and Integrated Health Systems
CareCloud (NASDAQ: CCLD) has announced a definitive agreement to acquire HFMA's MAP App, a leading hospital benchmarking tool, with the deal set to close on October 1, 2025. The acquisition includes a long-term joint marketing agreement with the Healthcare Financial Management Association (HFMA).
MAP App, developed by HFMA and used by top hospitals nationwide, specializes in benchmarking and measuring revenue cycle management performance. CareCloud plans to enhance the tool's capabilities with AI-driven insights through its AI Center of Excellence, building on synergies from its recent Medsphere hospital IT business acquisition.
The partnership aims to expand MAP App's reach and capabilities while leveraging HFMA's network of 140,000 members. The acquisition is not expected to have a material financial impact on CareCloud in 2025.
CareCloud (NASDAQ: CCLD) ha annunciato un accordo definitivo per l'acquisizione di MAP App di HFMA, uno strumento di benchmarking ospedaliero leader sul mercato, con la chiusura dell'operazione prevista per il 1 ottobre 2025. L'acquisizione comprende anche un accordo di co‑marketing a lungo termine con la Healthcare Financial Management Association (HFMA).
MAP App, sviluppato da HFMA e utilizzato dai principali ospedali a livello nazionale, si specializza nel benchmarking e nella misurazione delle performance della gestione del ciclo di ricavi. CareCloud intende potenziare le capacità dello strumento con insights guidati dall'IA tramite il suo AI Center of Excellence, sfruttando le sinergie dell'acquisizione recente della divisione IT ospedaliera di Medsphere.
La partnership mira a espandere la portata e le capacità di MAP App, attingendo alla rete HFMA di 140.000 membri. L'acquisizione non è prevista avere un impatto finanziario rilevante su CareCloud nel 2025.
CareCloud (NASDAQ: CCLD) ha anunciado un acuerdo definitivo para adquirir MAP App de HFMA, una destacada herramienta de benchmarking hospitalario, con cierre previsto para el 1 de octubre de 2025. La adquisición incluye un acuerdo de co‑marketing a largo plazo con la Healthcare Financial Management Association (HFMA).
MAP App, desarrollado por HFMA y utilizado por los principales hospitales a nivel nacional, se especializa en benchmarking y en medir el rendimiento de la gestión del ciclo de ingresos. CareCloud planea mejorar las capacidades de la herramienta con insights impulsados por IA a través de su AI Center of Excellence, aprovechando las sinergias de la reciente adquisición de la división de IT hospitalaria de Medsphere.
La asociación tiene como objetivo ampliar el alcance y las capacidades de MAP App, aprovechando la red de 140,000 miembros de HFMA. Se espera que la adquisición no tenga un impacto financiero material para CareCloud en 2025.
CareCloud(NASDAQ: CCLD)은 HFMA의 MAP App를 인수하기로 하는 최종 합의안을 발표했습니다. 이는 병원 벤치마킹 도구의 선도주자로, 거래는 2025년 10월 1일에 마감될 예정입니다. 인수에는 HFMA와의 장기 공동 마케팅 협약도 포함됩니다.
MAP App은 HFMA가 개발하고 전국의 주요 병원이 사용하는 벤치마킹 도구로, 수익주기 관리 성과를 벤치마킹하고 측정하는 데 특화되어 있습니다. CareCloud는 AI Center of Excellence를 통해 AI 기반 인사이트를 도입하여 도구의 기능을 강화하고, 최근 Medsphere 병원 IT 사업 인수로 얻은 시너지 효과를 바탕으로 발전시킬 예정입니다.
이 파트너십은 MAP App의 도달 범위와 기능을 확장하고 HFMA의 14만 명의 구성원 네트워크를 활용하는 것을 목표로 합니다. 이 인수는 2025년 CareCloud의 재무적 영향에 실질적 영향을 미치지 않을 것으로 보입니다.
CareCloud (NASDAQ : CCLD) a annoncé un accord définitif visant à acquérir MAP App de HFMA, un outil de référence hospitalier, l'opération devant être finalisée le 1 octobre 2025. L'acquisition comprend également un accord conjoint de marketing à long terme avec la Healthcare Financial Management Association (HFMA).
MAP App, développé par HFMA et utilisé par les principaux hôpitaux à l'échelle nationale, se spécialise dans le benchmarking et la mesure des performances de la gestion du cycle des revenus. CareCloud envisage d'améliorer les capacités de l'outil grâce à des perspectives basées sur l'IA via son AI Center of Excellence, en s'appuyant sur les synergies de l'acquisition récente de l'activité IT hospitalière de Medsphere.
Le partenariat vise à étendre la portée et les capacités de MAP App tout en tirant parti du réseau HFMA de 140 000 membres. L'acquisition ne devrait pas avoir d'impact financier significatif sur CareCloud en 2025.
CareCloud (NASDAQ: CCLD) hat eine endgültige Vereinbarung zur Übernahme von HFMA's MAP App bekannt gegeben, ein führendes Benchmarking-Tool für Krankenhäuser, wobei der Abschluss der Transaktion für den 1. Oktober 2025 geplant ist. Die Übernahme umfasst auch eine langfristige gemeinsame Marketingvereinbarung mit der Healthcare Financial Management Association (HFMA).
MAP App, von HFMA entwickelt und landesweit von führenden Krankenhäusern genutzt, spezialisiert sich auf Benchmarking und die Messung der Leistung des Revenue-Cycle-Managements. CareCloud plant, die Fähigkeiten des Tools mit KI-gesteuerten Erkenntnissen über sein AI Center of Excellence zu erweitern und baut auf Synergien aus der jüngsten Übernahme der Medsphere-Krankenhaus-IT-Sparte auf.
Die Partnerschaft zielt darauf ab, die Reichweite und Fähigkeiten von MAP App zu erweitern, während gleichzeitig HFMA's Netzwerk von 140.000 Mitgliedern genutzt wird. Die Übernahme wird voraussichtlich keine wesentlichen finanziellen Auswirkungen auf CareCloud im Jahr 2025 haben.
أعلنت CareCloud (بورصة ناسداك: CCLD) عن اتفاق نهائي لشراء MAP App من HFMA، أداة رائدة للمقارنة بين المستشفيات، وسيتم إغلاق الصفقة في 1 أكتوبر 2025. وتتضمن الصفقة اتفاقاً ترويجياً مشتركاً طويل الأجل مع جمعية الإدارة المالية للرعاية الصحية (HFMA).
تم تطوير MAP App من قبل HFMA وتستخدمه المستشفيات الرائدة على مستوى البلاد، وهو متخصص في القياس والمقارنة لأداء إدارة دورة الإيرادات. تخطط CareCloud لتعزيز قدرات الأداة من خلال رؤى مدفوعة بالذكاء الاصطناعي عبر مركز التميز في الذكاء الاصطناعي لديها، مستفيدة من التآزر مع استحواذها الأخير على أعمال تكنولوجيا المعلومات الخاصة بالمستشفيات من Medsphere.
تهدف الشراكة إلى توسيع نطاق MAP App وقدراته مع الاستفادة من شبكة HFMA البالغة 140,000 عضو. من المتوقع ألا يكون لهذا الاستحواذ تأثير مالي مادي على CareCloud في عام 2025.
CareCloud（纳斯达克股票代码：CCLD）宣布将收购 HFMA 的 MAP App，该领先的医院基准工具，交易预计于 2025 年 10 月 1 日完成。该收购包括与 Healthcare Financial Management Association (HFMA) 的长期联合营销协议。
MAP App 由 HFMA 开发，全球顶尖医院使用，专注于基准测评和评估收入周期管理绩效。CareCloud 计划通过其 AI 卓越中心引入 AI 驱动的洞察，提升该工具的能力，并借助近期收购 Medsphere 的医院 IT 业务带来的协同效应来推进。
该伙伴关系旨在扩大 MAP App 的覆盖范围和能力，同时利用 HFMA 的 14 万名成员网络。预计本次收购在 2025 年对 CareCloud 不会产生实质性的财务影响。
- None.
- No material financial impact expected from the acquisition in 2025
Insights
CareCloud's acquisition of HFMA's MAP App strengthens its hospital market position through enhanced AI-driven benchmarking capabilities.
CareCloud's strategic acquisition of the Healthcare Financial Management Association's MAP App represents a calculated move to expand its footprint in the inpatient healthcare IT market. This benchmarking tool, already established among leading hospitals nationwide, provides revenue cycle management performance metrics that complement CareCloud's existing AI-powered platforms.
The acquisition offers three key strategic advantages: First, it leverages synergies with CareCloud's recent Medsphere hospital IT business acquisition, creating an integrated solution stack. Second, it provides access to HFMA's network of 140,000 healthcare finance professionals—a valuable distribution channel. Third, it positions CareCloud to enhance the tool's capabilities through its AI Center of Excellence, potentially transforming basic benchmarking into predictive analytics.
The long-term joint marketing agreement with HFMA further validates the strategic value of this acquisition. While the press release states the deal won't materially impact 2025 financials, the real value lies in the long-term positioning. This acquisition represents a methodical building of capabilities rather than an immediate revenue driver, focusing on expanding CareCloud's SaaS ecosystem with complementary tools that strengthen its competitive position in the hospital market segment.
Acquisition and long-term partnership with HFMA further strengthen CareCloud’s position in the inpatient healthcare IT market
SOMERSET, N.J., Sept. 29, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for hospitals, integrated health systems, and medical practices nationwide, today announced its definitive agreement to acquire MAP App, a leading hospital benchmarking tool created by the Healthcare Financial Management Association (“HFMA”). This acquisition, which is scheduled to close on October 1, 2025 and is supported by a long-term joint marketing agreement, will enable the expansion of MAP App’s capabilities, including AI-driven insights, while accelerating its growth throughout the hospital market.
MAP App is an industry-leading tool for benchmarking and measuring revenue cycle management performance, which was developed by HFMA and is used by top hospitals and healthcare organizations nationwide. The acquisition reflects both HFMA’s desire to partner with a leader in healthcare technology to expand MAP App’s core capabilities and CareCloud’s strategy to expand its SaaS-based ecosystem with best-in-class tools that complement its AI-powered revenue cycle platform.
“Aligned with HFMA’s mission, MAP App provides hospitals with the revenue cycle insights needed to improve transparency, efficiency, and financial results. Together, we look forward to advancing this tool to the next level of innovation and impact,” said Stephen Snyder, Co-Chief Executive Officer, CareCloud. “This acquisition enables CareCloud to deliver actionable insights and uncover opportunities for measurable improvement, strengthened by the capabilities of our AI Center of Excellence and the synergies created through our recent acquisition of Medsphere’s hospital IT business.”
“MAP App is an outgrowth of our mission to equip our 140,000 members with the tools and insights they need to advance revenue cycle performance,” said C. Ann Jordan, President & CEO, HFMA. “We are excited to work with CareCloud to take MAP App forward, leveraging their strong technological capabilities and AI expertise. Together we will broaden the reach of MAP App, ensuring more providers benefit from improved performance measurement and greater financial transparency.”
HFMA is the nation’s leading membership organization for healthcare finance leaders and helps hospitals, health systems and other healthcare organizations navigate complex financial challenges by providing education, certification, and practical tools that drive better business and clinical outcomes. Among its key innovations is the MAP App, a hospital benchmarking solution developed by HFMA to equip providers with the insights needed to improve transparency, efficiency, and sustainability in revenue cycle management.
The acquisition of MAP App will not have a material financial impact on the Company in 2025.
About CareCloud
CareCloud (Nasdaq: CCLD, CCLDO) brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com.
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For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.
Forward-Looking Statements
This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.
Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management's expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, and the expected results from the integration of our acquisitions. Past operational or stock price performance is not an indication of future performance.
These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.
The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
SOURCE: CareCloud
Company Contact:
Norman Roth
Interim Chief Financial Officer and Corporate Controller
CareCloud, Inc.
nroth@carecloud.com
Investor Contact:
Stephen Snyder
Co-Chief Executive Officer
CareCloud, Inc.
ir@carecloud.com
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