CCLD

Healthcare AI Market Growth: The healthcare AI market is projected to grow from $21.66 billion in 2025 to $110.61 billion by 2030, driven by a significant demand for solutions addressing an impending shortage of 11 million healthcare workers.

Avant Technologies' Vision AI Development: Avant Technologies, in collaboration with Ainnova Tech, is accelerating its FDA approval process for an AI-powered diagnostic tool that detects diabetic retinopathy, targeting diverse patient recruitment across multiple U.S. clinical sites.

Butterfly Network's Global Health Initiative: Butterfly Network is participating in a €10 million EU-funded study to deploy AI-assisted ultrasound technology for tuberculosis detection in Sub-Saharan Africa, aiming to improve diagnostic access in underserved regions.

CareCloud's Acquisition and Expansion: CareCloud has acquired Medsphere Systems Corporation, enhancing its capabilities in inpatient EHR and revenue cycle management, thereby providing scalable solutions for small and mid-sized hospitals across the U.S.

CareCloud's EHR Certification: CareCloud, Inc. has achieved ONC Health IT Certification for its electronic health record platform tailored for Critical Access Hospitals (CAHs), marking its entry into the inpatient EHR market and tapping into a $1.5 billion opportunity.

Modernizing Rural Healthcare: The certified solution addresses the specific needs of CAHs by offering cloud-based architecture, built-in AI tools, and compliance support, aiming to replace outdated systems and reduce administrative burdens in rural healthcare settings.

Shareholder Meeting Outcomes: CareCloud, Inc. held its 2025 Annual Shareholders' Meeting where shareholders re-elected Anne Busquet, Bill Korn, and Lawrence Sharnak to the Board of Directors, approved executive compensation on an advisory basis, and appointed Rosenberg Rich Baker Berman, P.A. as the independent public accounting firm for 2025.

Company Overview: CareCloud is a healthcare technology solutions provider that helps improve financial and operational performance for medical practices and health systems, serving over 40,000 providers with various services including revenue cycle management and electronic health records.