Medsphere Systems
Medsphere Systems provides open-source healthcare IT solutions including EHR, RCM, supply chain management, EDIS, and managed IT services for hospitals, behavioral health facilities, government healthcare, and physician practices across North America.
- Company typePrivate
- Founded2002
- HeadquartersCarlsbad, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Medsphere Systems does
Medsphere Systems Corporation is a privately-held healthcare IT company founded in 2002 and headquartered in Somerset, New Jersey, with additional operations in Carlsbad, California, and Richardson, Texas. The company provides a comprehensive suite of healthcare information technology solutions spanning electronic health records (EHR), revenue cycle management (RCM), supply chain management, emergency department information systems, ambulatory EHR, physician relationship management, data archival and migration, and managed IT services. Medsphere serves a diverse customer base across critical access hospitals, acute care facilities, behavioral health hospitals, government healthcare agencies (including IHS, VA, and DoD), physician practices, urgent care centers, and molecular diagnostic and pathology laboratories, primarily across North America with select international deployments.
The company's core technology includes the CareVue EHR platform, built on the proven VistA open-source architecture and delivered as a fully managed SaaS via Amazon Web Services (AWS) in HIPAA-compliant virtual private clouds; the RCM Cloud hosted on Microsoft Azure; the Wellsoft EDIS (ranked #1 by KLAS for 15 years); ChartLogic ambulatory EHR; HealthLine supply chain management with RFID/barcode; and Phoenix Health Systems for IT consulting and outsourcing. Medsphere operates primarily a subscription-based SaaS pricing model with minimal upfront fees, complemented by managed services, professional services, and laboratory billing revenue streams. The company was acquired by CareCloud, Inc. (NASDAQ) in December 2025, transitioning from an independent venture-backed private company (with approximately $164M in disclosed funding across 2003-2021) to a wholly-owned subsidiary within a larger publicly-traded healthcare IT company.
Medsphere Systems firmographics
Firmographics- Name
- Medsphere Systems
- Legal name
- Medsphere Systems Corporation
- Website
- https://medsphere.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Medsphere Systems provides open-source healthcare IT solutions including EHR, RCM, supply chain management, EDIS, and managed IT services for hospitals, behavioral health facilities, government healthcare, and physician practices across North America.
- Ownership category
- akta.pro rank
Medsphere Systems industry classification
Industry- Product category
- Healthcare IT / Electronic Health Records
- NAICS
- Computer Systems Design and Related Services (54151), Computer Facilities Management Services (541513)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Healthcare Data Lakes, Lakehouses & Cloud Warehouses (HLACAIAA)
- akta.pro secondary industries
- Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ), Care Management & Coordination Platforms (case/disease management workflows) (HLACAHAD)
Keywords
Where Medsphere Systems is headquartered
LocationHeadquarters
- HQ city
- Carlsbad
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Medsphere Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- EHR Software Subscriptions: Subscription-based pricing model for CareVue EHR, Wellsoft EDIS, and ChartLogic with little or no upfront fees. SaaS delivery through cloud hosting reduces capital expenditure for customers.
- RCM Cloud Subscriptions: Revenue cycle management software subscriptions delivered via cloud with modules for scheduling, billing, claims processing, and collections.
- Healthcare IT Consulting Services: Phoenix division provides IT outsourcing, strategic consulting, service desk, and implementation services on a contract basis.
- Laboratory Billing Services: Revenue cycle management and billing services specifically for molecular diagnostic labs, hospital lab outreach programs, and pathology practices.
- Supply Chain Management: HealthLine inventory and supply chain management solutions offered through subscription model with implementation and support services.
- Data Migration and Archival Services: Medical data conversion, extraction, and archival services for practices retiring legacy systems or undergoing mergers and acquisitions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Subscription-based SaaS pricing with minimal upfront costs |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Medsphere Systems product offering
Product offeringCore offering
Medsphere Systems develops and sells healthcare IT software and services, including the CareVue inpatient EHR platform, RCM Cloud revenue cycle management, Wellsoft emergency department information system, ChartLogic ambulatory EHR, and HealthLine supply chain management. The company delivers these primarily via subscription-based cloud/SaaS models to acute care hospitals, critical access hospitals, behavioral health facilities, physician practices, laboratories, and federal healthcare agencies. It also provides outsourced IT services through its Phoenix Health Systems and Systeem divisions.
Product overview
Medsphere Systems offers a comprehensive suite of healthcare IT solutions comprising integrated platform products and specialized services. The core product portfolio centers on CareVue (enterprise EHR for acute and behavioral health), RCM Cloud (revenue cycle management), Wellsoft (emergency department and urgent care EHR), and ChartLogic (ambulatory EHR for physician practices). Supporting these are HealthLine (supply chain management), Marketware solutions (physician relationship management, recruitment, onboarding, and analytics), Micro-Office Systems (data archival, migration, and interfaces), Systeem (managed IT services), and Phoenix Health Systems (IT consulting and outsourcing). The company operates a subscription-based pricing model with cloud and on-premise deployment options, serving critical access hospitals, acute care facilities, behavioral health organizations, physician practices, laboratories, and government clients including IHS, VA, and DoD.
Differentiator
Problem solved
Functional benefit
Brands
- CareVue: Integrated EHR system for acute care and inpatient behavioral health environments
- RCM Cloud
- ChartLogic
- Wellsoft
- HealthLine
- Phoenix Health Systems
- Micro-Office Systems
- Systeem
- Marketware
Products and services
- CareVue EHR Integrated electronic health record system for acute care hospitals and inpatient behavioral health environments, incorporating clinical, financial, and patient accounting solutions in a single database.
- CareVue Cloud
- RCM Cloud Web-based end-to-end revenue cycle management SaaS solution delivered via Microsoft Azure, including modules for enterprise scheduling, patient registration, billing, claims, A/R follow-up, payment posting, and bad debt.
- Wellsoft EDIS Emergency Department Information System (EDIS) for hospital emergency departments, freestanding emergency centers, and urgent care facilities, featuring real-time patient tracking, CPOE, pharmacy tracking, and clinical documentation. Ranked #1 by KLAS in the Emergency Department category.
- Wellsoft Urgent Care Urgent care solution offering an EHR platform, Practice Management (PM), and Patient Engagement applications for freestanding urgent care centers, evolved from the Wellsoft EDIS product.
- ChartLogic Ambulatory EHR suite for physician practices including electronic medical record, practice management, e-Rx and patient portal solutions with proprietary command-and-control methodology integrating voice input for clinical documentation.
- HealthLine Supply Chain Management Healthcare-specific inventory and supply chain management system utilizing RFID and barcode technology with cross-stock methodology, including Censeo, CathLink, and Censeo Classic solutions.
- Phoenix Health Systems IT Services Vendor-independent healthcare IT consulting and outsourcing services including IT department management, infrastructure management, 24x7 service desk, legacy systems transition, and strategic consulting. Ranked #1 by Black Book Research for IT outsourcing.
- Marketware Physician Strategy Suite Suite of physician-focused solutions including Physician Relationship Management, Physician Recruitment, Physician Onboarding, and Healthcare Analytics, with claims data integration and analytics dashboards.
- Micro-Office Systems Data Solutions Medical IT solutions including data archival, migration, and interface services for practices retiring legacy systems or undergoing mergers and acquisitions, with EHR/EMR archive solutions and custom data interface development.
- Systeem Managed IT Services Managed IT services including 24/7/365 service desk, EHR support (NextGen), cybersecurity solutions, field service support, and cloud hosting/migration services for healthcare organizations.
- Laboratory Billing Services Comprehensive billing and revenue cycle management services for laboratories including Molecular Diagnostic Labs, Hospital Lab Outreach Programs, and Pathology Labs/Practices.
Quantifiable outcome
- Decreased AR days and improved collection efficiency for hospitals
- +4 more outcomes
Companies that use Medsphere Systems
Customer profileNamed customers13 records
Segments8 records
Ideal customer profiles7 records
Medsphere Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature9 records
Medsphere Systems partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- CareCloudcoreCareCloud acquired Medsphere Systems, expanding CareCloud into the inpatient software market and hospital IT services. Medsphere becomes part of CareCloud's portfolio extending reach across the full care continuum.
- Amazon Web Services (AWS)coreCareVue Cloud runs in secure and isolated AWS virtual private clouds (VPCs). Each customer instance is replicated across two geographically separate AWS regions providing high availability and disaster recovery.
- Microsoft AzurecoreRCM Cloud and associated services are delivered via the Microsoft Azure cloud platform for revenue cycle management solutions.
- SurescriptscoreWellsoft uses Surescripts Prescription Benefit and Prescription Routing services for electronic prescriptions to participating pharmacies in the Surescripts network.
- MarketwarecoreMarketware's Physician Relationship Management Platform integrated as part of Medsphere's Physician Strategy Suite for physician engagement, recruitment, and onboarding.
Scale indicators4 records
Recent moves7 records
Expansion highlights7 records
Medsphere Systems competitors and assessment
Company assessmentBroad incumbents
- Epic Systems: Epic is the dominant inpatient EHR vendor for large hospitals and academic medical centers. It is the primary competitor Medsphere's CareVue is positioned against in acute care, although Epic largely targets the 200+ bed and IDN segment that Medsphere cannot economically serve.
- Oracle Health (Cerner): Oracle Health (formerly Cerner) is one of the two largest inpatient EHR vendors and a direct broad-spectrum competitor in hospital IT. Like Epic, it primarily targets mid-to-large hospitals but increasingly pushes downstream into community settings where Medsphere competes.
- athenahealth: athenahealth provides cloud-based ambulatory EHR, practice management, and RCM for physician practices and small hospitals. Its integrated revenue-cycle-plus-clinical offering competes directly with Medsphere's ChartLogic and RCM Cloud for mid-market ambulatory customers.
- Veradigm (formerly Allscripts): Veradigm (Allscripts) provides both inpatient and ambulatory EHR solutions, directly overlapping with the CareVue and ChartLogic sides of Medsphere's portfolio. It is an established multi-setting competitor with a comparable broad-suite positioning.
Direct peers
- Meditech: Meditech offers inpatient EHR solutions (Expanse) targeted at community and mid-sized hospitals, directly overlapping with Medsphere's CareVue customer profile. Both vendors compete on affordability, cloud-native delivery, and suitability for hospitals that find Epic/Cerner uneconomic.
- CPSI (now TruBridge): TruBridge (formerly CPSI) provides EHR and RCM solutions specifically for community hospitals and critical access hospitals — the exact segment Medsphere calls out as primary. It is the most direct niche competitor in rural and small-hospital IT.
- NextGen Healthcare: NextGen offers ambulatory EHR and practice management with RCM, directly competing with Medsphere's ChartLogic suite for physician practices. Both vendors target specialty and mid-sized ambulatory groups with integrated clinical-plus-financial workflows.
- eClinicalWorks: eClinicalWorks is a large ambulatory EHR and practice management vendor serving physician practices and small hospitals. It overlaps with ChartLogic in primary care and specialty ambulatory workflows and competes on integrated EHR-plus-billing value propositions.
- R1 RCM: R1 RCM is a leading dedicated revenue cycle management vendor for hospitals and health systems, overlapping directly with Medsphere's RCM Cloud offering. It competes on outsourced and software-enabled RCM for mid-sized hospitals that Medsphere targets.
Emerging players
- Health Catalyst: Health Catalyst provides healthcare data and analytics platforms for hospitals and health systems, adjacent to Medsphere's data archival/migration (Micro-Office) and analytics offerings. It competes for budget allocated to data-driven decision support within the same hospital buyer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Medsphere Systems social profiles
Digital presenceMedsphere Systems compliance and trust
Trust signalCompliance5 records
Medsphere Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medsphere Systems leadership team
Management profileNumber of profiles
Profiles9 records
Medsphere Systems subsidiaries and ownership
Company hierarchySubsidiaries1 record
Medsphere Systems funding detail
Funding detailFunding overview
Funding rounds15 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medsphere Systems M&A and investment
M&A and investmentM&A9 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medsphere Systems
What does Medsphere Systems do?
Medsphere Systems develops and sells healthcare IT software and services, including the CareVue inpatient EHR platform, RCM Cloud revenue cycle management, Wellsoft emergency department information system, ChartLogic ambulatory EHR, and HealthLine supply chain management. The company delivers these primarily via subscription-based cloud/SaaS models to acute care hospitals, critical access hospitals, behavioral health facilities, physician practices, laboratories, and federal healthcare agencies. It also provides outsourced IT services through its Phoenix Health Systems and Systeem divisions.
Is Medsphere Systems a public or private company?
Medsphere Systems is a private company. It is classified as corporate owned and is currently acquired.
When was Medsphere Systems founded?
Medsphere Systems was founded in 2002. It employs 51 to 100 people.
Where is Medsphere Systems based?
Medsphere Systems is headquartered in Carlsbad, United States, in the North America region.
How does Medsphere Systems make money?
Six revenue lines are on record. EHR Software Subscriptions are the primary driver. The others are RCM Cloud Subscriptions, healthcare IT Consulting Services, laboratory Billing Services, supply Chain Management and data Migration and Archival Services.
Who are Medsphere Systems's main competitors?
Broad incumbents on record are Epic Systems, Oracle Health (Cerner), athenahealth and Veradigm (formerly Allscripts). Direct peers are Meditech, CPSI (now TruBridge), NextGen Healthcare, eClinicalWorks and R1 RCM. Health Catalyst is listed as an emerging player.
Does Medsphere Systems have an API?
Yes. CareVue Release 2 has a published application programming interface (API) designed to support the development and deployment of applications by customers or third parties to securely access protected health information. The CareVue Common Data Set API operates with secure communications via TLS encryption using standard POST and GET messages. API access is granted via app keys issued by Medsphere, and CareVue customers may choose to enable or disable API access. Developer documentation is at app.swaggerhub.com/apis/Medsphere/open-vista_mu_api/1.0.0.
What industry is Medsphere Systems in?
Medsphere Systems's product category is Healthcare IT / Electronic Health Records. Its primary akta.pro industry code is HLACAIAA, Healthcare Data Lakes, Lakehouses & Cloud Warehouses, with a secondary code of HLALABAJ, Patient Engagement, Education & Messaging Platforms (portal/CRM integrated). Its NAICS code is 54151 and its SIC code is 7372.