CareCloud Surges with AI and Compliance | Business and Finance News

CareCloud just smashed Q2 2026 with 16% revenue growth, hitting $31.9M, and their ninth straight quarter of positive GAAP net income — a major milestone. They’ve also eliminated $3.3M in annual preferred dividends by redeeming all Series B stock, freeing up more profits for common shareholders. The big play? Acquiring Empower Healthcare to enter the booming compliance and audit defense space, where healthcare providers face rising scrutiny. Empower’s already helped reverse over $1M in alleged overpayments, and CareCloud plans to launch AI-powered compliance tools this fall — turning expertise into scalable, recurring revenue. With 75% of revenue now from tech-enabled solutions and full-year guidance intact, they’re betting on strong second-half growth fueled by smart investments. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/eaf20040e7e0d000