CareCloud reports cybersecurity incident affecting patient data in one EHR environment

CareCloud, Inc.

On March 16, unauthorized third party accessed one of six EHR environments; systems restored same day.
Patient information potentially accessed; forensic investigation ongoing with Big Four cyber advisory team.
Incident deemed material as of March 24 due to data sensitivity; no material impact on financial condition expected.
Company has cybersecurity insurance and reported matter to law enforcement.
Full remediation underway; threat actor access eliminated.

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