CareCloud, Inc. announced on April 2, 2025, the acquisition of RevNu Medical Management, an audiology-focused revenue cycle management (RCM) company. This marks CareCloud's second acquisition in 31 days, following MesaBilling.
The acquisition expands CareCloud's footprint into the audiology and hearing health market, a segment believed to include approximately 24,000 employed audiologists and hearing aid specialists. This market remains minimally penetrated by outsourced RCM vendors.
RevNu's expertise in audiology and client relationships are expected to be enhanced by CareCloud's AI-powered RCM and advanced technology infrastructure. The acquisition is anticipated to be accretive within ninety days, with consideration paid quarterly based on retained revenue.
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