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CareCloud to acquire HFMA's MAP App for hospitals

PUBLIC · CCLDSep 29, 2025

Acquiring Company

CareCloud, Inc.

Acquired Company

Healthcare Financial Management Association (HFMA)

SomersetNew YorkInformation TechnologyHealthcareHealth CareInformation TechnologySoftwareHealth CareArtificial IntelligenceMachine Learning

Description

CareCloud, Inc. announced its agreement to acquire HFMA's MAP App, a part of a long-term partnership aimed at enhancing AI-driven benchmarking in hospitals. The acquisition, set to close on October 1, 2025, will expand MAP App's capabilities and support CareCloud's strategic growth in the healthcare IT market. This move reflects both organizations' commitment to improving healthcare financial performance through advanced technology.

Quick answer

CareCloud, Inc. is acquiring Healthcare Financial Management Association (HFMA), announced September 29, 2025. CareCloud, Inc. is based in Somerset, New Jersey, United States.

How much did CareCloud, Inc. pay for Healthcare Financial Management Association (HFMA)?
The deal value was not disclosed.
What does CareCloud, Inc. do?
CareCloud, Inc., formerly MTBC, is a leading healthcare technology company with a suite of unified, technology-enabled solutions for healthcare organizations, medical practices, and health systems.
Where are CareCloud, Inc. and Healthcare Financial Management Association (HFMA) based?
CareCloud, Inc. is based in Somerset, New Jersey, United States. Healthcare Financial Management Association (HFMA) is based in New York, New York, United States.
Who are the decision-makers at CareCloud, Inc?
Fundz holds 1 contact at CareCloud, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

CareCloud, Inc.

Location

7 CLYDE ROAD

Somerset, New Jersey, United States

About

CareCloud, Inc., formerly MTBC, is a leading healthcare technology company with a suite of unified, technology-enabled solutions for healthcare organizations, medical practices, and health systems. In today’s challenging healthcare landscape, healthcare organizations need an innovative partner who can help enhance clinical workflows, increase revenue, modernize the patient experience, and reduce operational expenses.

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Frequently asked

Who acquired Healthcare Financial Management Association (HFMA)?

Healthcare Financial Management Association (HFMA) was acquired by CareCloud, Inc., based in Somerset. The deal was reported on September 29, 2025. CareCloud, Inc., formerly MTBC, is a leading healthcare technology company with a suite of unified, technology-enabled solutions for healthcare organizations, medical practices, and health systems. CareCloud, Inc. is publicly traded (CCLD) and operates in Information Technology.

When did CareCloud, Inc. acquire Healthcare Financial Management Association (HFMA)?

CareCloud, Inc.'s acquisition of Healthcare Financial Management Association (HFMA) was reported on September 29, 2025. CareCloud, Inc. announced its agreement to acquire HFMA's MAP App, a part of a long-term partnership aimed at enhancing AI-driven benchmarking in hospitals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Healthcare Financial Management Association (HFMA) do?

HFMA is the leading membership organization for healthcare finance leaders, focused on providing education, certification, and tools to improve business and clinical outcomes in healthcare. It is privately held, operating in Information Technology, and is based in New York.

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