CareCloud Acquires Empower Healthcare & Compliance Partners
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 26 2026
0mins
CareCloud announced that it has acquired Empower Healthcare & Compliance Partners. The transaction closed on May 22, 2026, and Empower is now a CareCloud company. "Empower's offering will add significant value to our customers and presents a tremendous growth opportunity for CareCloud," said Stephen Snyder, Chief Executive Officer of CareCloud. "Compliance is now a top priority for healthcare providers, and Empower lets us meet that need with trusted expertise delivered directly through our AI-powered platform. With more than 45,000 providers already relying on CareCloud, we see a significant opportunity to cross-sell Empower's services and open a new, high-value avenue of growth for the Company."
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Analyst Views on CCLD
Wall Street analysts forecast CCLD stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 2.190
Low
3.25
Averages
6.42
High
8.00
Current: 2.190
Low
3.25
Averages
6.42
High
8.00
About CCLD
CareCloud, Inc. is a provider of technology-enabled services and generative artificial intelligence (AI) solutions that redefine the healthcare revenue cycle management process. It provides technology-enabled revenue cycle management and a full suite of proprietary cloud-based solutions to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its Healthcare IT segment includes technology-assisted revenue cycle management, software-as-a-service solutions and professional and other services. Its Medical Practice Management segment includes the management of three medical practices. Its technology-enabled business solutions include Technology-enabled revenue cycle management, Cloud-based software, Digital health, and Healthcare IT professional services & staffing. Its revenue cycle management services, including end-to-end medical billing, eligibility, analytics, and related services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Positive Earnings Expectations: The company is expected to report a quarterly loss of $0.03 per share, reflecting a 50% year-over-year improvement, while revenues are projected to reach $28.1 million, up 20.2% from the previous year, showcasing the company's potential for revenue growth.
- Increased Market Attention: Although the consensus EPS estimate has remained unchanged over the past 30 days, the stock's continued rise suggests heightened market interest in Butterfly Network, prompting investors to closely monitor its future performance.
See More
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- Executive Compensation Approval: Shareholders approved the compensation of the company's executives on an advisory basis, reflecting trust in management and potentially aligning executive incentives with company performance to drive long-term value creation.
- Equity Incentive Plan: The approval of the 2026 Equity Incentive Plan aims to attract and retain key talent, enhancing employee motivation and loyalty, thereby strengthening the company's competitive position and market standing.
- Auditor Appointment Confirmation: Tanner LLP was confirmed as the independent registered public accounting firm for the fiscal year 2026, ensuring financial transparency and compliance, which enhances investor trust in the company's financial reporting.
See More
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- Significant Revenue Growth: CareCloud reported Q1 2026 revenue of $31.3 million, reflecting a 13% year-over-year increase, indicating accelerated commercial traction in its AI platform and enhanced market competitiveness.
- Capital Structure Simplification: The company closed a new $50 million credit facility on April 13 and plans to redeem 100% of its Series B preferred stock on May 15, which is expected to reduce the burden of high-cost preferred dividends and improve financial health.
- Strong AI Platform Performance: Since its full commercial release in December, the StratusAI Desk Agent is now handling approximately 75% of inbound calls automatically, showcasing its broad applicability in the healthcare sector, with an addressable market exceeding $4 billion.
- 2026 Guidance Reaffirmed: Management reaffirmed the 2026 revenue target of $128 million to $132 million and adjusted EBITDA of $29 million to $31 million, demonstrating confidence in continued growth driven by RCM business and AI revenue contributions.
See More
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- Revenue Growth: CareCloud reported Q1 revenue of $31.3 million, reflecting a 13.4% year-over-year increase, which exceeded market expectations by $0.79 million, indicating the company's sustained growth potential in the healthcare sector.
- Non-GAAP EPS: The company posted a non-GAAP EPS of $0.05, in line with expectations, demonstrating stable profitability, although GAAP EPS was reported at -$0.01, showing improvement compared to the previous year's figure.
- Adjusted EBITDA: Adjusted EBITDA stood at $5.4 million, slightly down from $5.6 million in the prior year, indicating some pressure on cost control while still maintaining positive cash flow.
- Net Income Change: GAAP net income was $922,000, down from $1.9 million year-over-year, highlighting challenges in profitability that necessitate attention to future financial strategies to enhance performance.
See More
CareCloud Scheduled to Announce Q1 Earnings on May 7
- Earnings Announcement Schedule: CareCloud (CCLD) is set to announce its Q1 earnings on May 7 before market open, with consensus EPS estimate at $0.05, flat year-over-year, and revenue expected at $30.51 million, reflecting a 10.5% year-over-year increase.
- Performance Expectation Analysis: Over the past two years, CCLD has beaten EPS estimates 50% of the time and revenue estimates 75% of the time, indicating a degree of stability in financial performance and market confidence.
- Estimate Revision Dynamics: In the last three months, there has been one upward revision in EPS estimates with no downward adjustments, suggesting analysts' optimistic outlook on the company's future performance, which could positively impact stock prices.
- Financing Background: CareCloud recently secured a $50 million credit facility and redeemed preferred stock, a move that not only enhances the company's financial flexibility but may also provide funding support for future growth.
See More
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- Credit Facility Secured: CareCloud announced a $50 million credit facility agreement with Citizens Bank and Provident Bank, which will provide essential funding to support the company's operations and growth initiatives, enhancing its competitive edge in the healthcare technology sector.
- Preferred Stock Redemption: The company plans to fully redeem all outstanding Series B preferred shares on May 15, which is expected to eliminate approximately $3.2 million in annual dividend obligations, thereby simplifying its capital structure and reducing financing costs.
- Liquidity Improvement: Through this credit facility and the redemption of preferred shares, CareCloud aims to improve liquidity and enhance financial flexibility to better support the expansion of its AI-driven healthcare technology platform.
- Market Reaction: Following the announcement, CareCloud's stock price rose 1.42% in pre-market trading to $2.76, reflecting a positive market response to the company's strategic initiatives.
See More
