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CareCloud Acquires Majority Stake in Medsphere Assets for $16.5M
ByAinvest
Monday, Aug 25, 2025 7:22 pm ET1min read
CareCloud has acquired a majority stake in Certain assets of Medsphere Systems Corporation for $16.5 million. The acquisition consists of $8.25 million in common equity and $8.25 million paid to Medsphere's secured bank lender Wells Fargo Bank, N.A. The deal was completed on August 22, 2025.
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