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CareCloud acquires Empower Healthcare to expand compliance services

Tue, 26 May 2026 08:00:52 -0400

CareCloud Inc. (NASDAQ: CCLD) completed the acquisition of Empower Healthcare & Compliance Partners LLC on May 22, according to a company statement. The healthcare technology company purchased the compliance and advisory firm to add regulatory services to its platform serving more than 45,000 providers.

Empower, founded by Mitchell Brie, offers compliance services across four areas: revenue integrity including risk adjustment and HCC coding, mergers and acquisitions compliance support, privacy and security including HIPAA policy development, and compliance program audits. The firm employs certified coders and compliance professionals.

CareCloud funded the asset purchase through operating cash flow and expects the transaction will not

CareCloud acquires Empower Healthcare to expand compliance services

Tue, 26 May 2026 08:00:52 -0400

CareCloud funded the asset purchase through operating cash flow and expects the transaction will not

CareCloud acquires Empower Healthcare to expand compliance services

Tue, 26 May 2026 08:00:52 -0400

CareCloud funded the asset purchase through operating cash flow and expects the transaction will not

CareCloud Acquires Empower Healthcare & Compliance Partners, adding a High-Growth Compliance Business to its AI-powered Platform

Tue, 26 May 2026 08:00:00 -0400

Acquisition opens a new growth opportunity, bringing trusted compliance, audit-defense, and regulatory expertise to CareCloud’s more than 45,000 providers

SOMERSET, N.J., May 26, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD) (“CareCloud” or the “Company”), a leader in AI-powered healthcare technology and revenue cycle management solutions, today announced that it has acquired Empower Healthcare & Compliance Partners, LLC (“Empower”), a full-service healthcare compliance and advisory firm. The transaction closed on May 22, 2026, and Empower is now a CareCloud company.

Founded by industry veteran Mitchell Brie, CHC, Empower’s team of certified coders and

CareCloud Acquires Empower Healthcare & Compliance Partners, adding a High-Growth Compliance Business to its AI-powered Platform

Tue, 26 May 2026 08:00:00 -0400

Acquisition opens a new growth opportunity, bringing trusted compliance, audit-defense, and regulatory expertise to CareCloud’s more than 45,000 providers

Founded by industry veteran Mitchell Brie, CHC, Empower’s team of certified coders and

CareCloud Acquires Empower Healthcare & Compliance Partners, adding a High-Growth Compliance Business to its AI-powered Platform

Tue, 26 May 2026 08:00:00 -0400

Acquisition opens a new growth opportunity, bringing trusted compliance, audit-defense, and regulatory expertise to CareCloud’s more than 45,000 providers

Founded by industry veteran Mitchell Brie, CHC, Empower’s team of certified coders and

CareCloud Acquires Empower Healthcare & Compliance Partners, adding a High-Growth Compliance Business to its AI-powered Platform

Tue, 26 May 2026 08:00:00 -0400

Acquisition opens a new growth opportunity, bringing trusted compliance, audit-defense, and regulatory expertise to CareCloud’s more than 45,000 providers

Founded by industry veteran Mitchell Brie, CHC, Empower’s team of certified coders and

CareCloud Acquires Empower Healthcare & Compliance Partners, adding a High-Growth Compliance Business to its AI-powered Platform

Tue, 26 May 2026 08:00:00 -0400

Acquisition opens a new growth opportunity, bringing trusted compliance, audit-defense, and regulatory expertise to CareCloud’s more than 45,000 providers

Founded by industry veteran Mitchell Brie, CHC, Empower’s team of certified coders and

CareCloud Acquires Empower Healthcare & Compliance Partners, adding a High-Growth Compliance Business to its AI-powered Platform

Tue, 26 May 2026 08:00:00 -0400

Acquisition opens a new growth opportunity, bringing trusted compliance, audit-defense, and regulatory expertise to CareCloud’s more than 45,000 providers

Founded by industry veteran Mitchell Brie, CHC, Empower’s team of certified coders and

CareCloud redeems preferred stock with $50 million credit facility

Mon, 18 May 2026 08:01:29 -0400

CareCloud Inc. (NASDAQ: CCLD) completed the full redemption of its 8.75% Series B Preferred Stock using proceeds from a $50 million credit facility led by Citizens Bank with participation from Provident Bank, according to a company statement.

The healthcare technology company said the new facility replaces higher-cost preferred equity with lower-cost institutional financing. CareCloud issued its first preferred shares in 2015.

Since 2015, CareCloud has grown revenue from approximately $23 million to an expected $130 million in 2026, completed more than 20 acquisitions, expanded to serve more than 45,000 healthcare providers, and achieved its first full year of positive GAAP net income

CareCloud redeems preferred stock with $50 million credit facility

Mon, 18 May 2026 08:01:29 -0400

The healthcare technology company said the new facility replaces higher-cost preferred equity with lower-cost institutional financing. CareCloud issued its first preferred shares in 2015.

CareCloud redeems preferred stock with $50 million credit facility

Mon, 18 May 2026 08:01:29 -0400

The healthcare technology company said the new facility replaces higher-cost preferred equity with lower-cost institutional financing. CareCloud issued its first preferred shares in 2015.

CareCloud Completes Full Redemption of Series B Preferred Stock, Capping a Decade of Transformational Growth and Profitability