Company leader
Stephen Snyder
Chief Executive Officer
CareCloud
Stephen Snyder is the chief executive of CareCloud, a healthcare technology company in Somerset, New Jersey, that sells revenue cycle services and practice software to medical groups. He joined the company as its general counsel in 2005 and has run it alone since January 2026.
A Lawyer in New Jersey
Snyder earned a bachelor's degree, magna cum laude, from Montclair State University and a law degree from Rutgers, and he is licensed to practice law in New Jersey and New York, according to his CareCloud biography. He also volunteers on First Amendment rights cases.
From General Counsel to CEO
He joined the company, then called MTBC, in 2005 as general counsel. He later served as chief operating officer, chief strategy officer, president, and co-CEO before becoming sole CEO.
In January 2026, he took over as sole chief executive, and his former co-CEO A. Hadi Chaudhry became chief strategy officer to lead the company's AI work, according to a company announcement.
Buying Growth
CareCloud has made more than 25 acquisitions since its 2014 IPO, Snyder told Zacks in October 2025. In August 2025 it bought Medsphere Systems for about $16.5 million to add hospital software, and in May 2026 it bought Empower Healthcare & Compliance Partners, a compliance and audit defense firm. CareCloud expects $128 million to $132 million in revenue in 2026.