CareCloud offers AI-driven healthcare technology and revenue cycle management solutions for healthcare providers. The company intends to use the strengthened balance sheet from the new credit facility to expand its AI-enabled product offerings and drive organic growth across its core revenue cycle management platform. Management also plans to pursue strategic initiatives to increase scale and operating leverage. The April 13, 2026 credit facility is non-dilutive institutional debt that aims to lower the company’s overall cost of capital and enhance financial flexibility. CareCloud will redeem its outstanding 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock on May 15, 2026, which is expected to eliminate about $3.2 million in annual preferred dividend obligations. Leadership characterized the transaction as a transformative step that simplifies the capital structure and positions the company for future growth.

Total raised

$162M

Funding rounds

9

Latest round

Debt Financing

Latest activity

Apr 2026