CareCloud acquires HFMA’s MAP App, terms not stated

The company states: “CareCloud (CCLD) announced its definitive agreement to acquire MAP App, a leading hospital benchmarking tool created by the Healthcare Financial Management Association, “HFMA”. This acquisition, which is scheduled to close on October 1, 2025 and is supported by a long-term joint marketing agreement, will enable the expansion of MAP App’s capabilities, including AI-driven insights, while accelerating its growth throughout the hospital market. MAP App is an industry-leading tool for benchmarking and measuring revenue cycle management performance, which was developed by HFMA and is used by top hospitals and healthcare organizations nationwide. The acquisition reflects both HFMA’s desire to partner with a leader in healthcare technology to expand MAP App’s core capabilities and CareCloud’s strategy to expand its SaaS-based ecosystem with best-in-class tools that complement its AI-powered revenue cycle platform. The acquisition of MAP App will not have a material financial impact on the Company in 2025.”