CareCloud Accelerates Wound Care Expansion with New Clients, EHR Integration and Multimillion-Dollar Payer Client Audit Wins
Key Highlights
- ➤$3 million alleged Medicare overpayments successfully appealed through Empower
- ➤More than $1 million additional alleged overpayments overturned in prior appeal
- ➤Vantage Health Collective selected CareCloud as preferred vendor for three practices
- ➤Bi-directional EHR interface launched, enabling adoption without replacing existing systems
- ➤CareCloud says new client agreements will not materially impact financial results
Expert Statements
Stephen Snyder, Chief Executive Officer of CareCloud
“Wound care represents a significant growth opportunity for CareCloud”
New fourth-quarter clients, strategic partnerships and additional payer audit successes strengthen CareCloud’s position in the multibillion-dollar wound care market
SOMERSET, N.J., Nov. 11, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD) (“CareCloud” or the “Company”), a leader in AI-powered healthcare technology and revenue cycle management (“RCM”) solutions, today announced accelerating momentum in the wound care market, driven by new fourth-quarter clients, strategic partnerships, a new bi-directional EHR integration and multimillion-dollar payer audit successes through Empower Healthcare & Compliance Inc. (“Empower”), its healthcare compliance division.
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