Announced

Completed

CareCloud completed the acquisition of Medsphere Systems from Sixth Street Partners.

Synopsis

CareCloud, a healthcare technology company, completed the acquisition of Medsphere Systems, a provider of enterprise inpatient and ambulatory solutions, from Sixth Street Partners, a global investment firm. Financial terms were not disclosed. “Medsphere and CareCloud are creating a next-generation platform—faster, smarter, and well aligned with the evolving needs of health systems. 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,” Robert Hendricks, Medsphere, member of the Board of Directors.

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