Healthcare Triangle

Healthcare Triangle, Inc. is a healthcare information technology company focused on advancing various solutions for the cloud services, data science, and professional and managed services sectors for the healthcare and life sciences industry. It offers a suite of software, solutions, platforms, and services that enable organizations to deliver personalized healthcare, precision medicine, drug discovery, development and efficacy, and collaborative research and development. The company was founded on October 29, 2019 and is headquartered in Pleasanton, CA.

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Healthcare Triangle, Inc. operates as a healthcare information technology company, which engages in advancing various solutions for the cloud services, data science, and professional and managed services sectors for the healthcare and life sciences industry. It operates through the following segments: Software Services, Managed Services and Support, and Platform Services. The Software Services segment focuses on the sale of software services that are generated from providing strategic advisory, implementation, and development services. The Managed Services and Support segment includes post implementation support and cloud hosting. The Platform services segment offers solutions under CloudEz, DataEz, and Readabl.AI. The company was founded on October 29, 2019 and is headquartered in Pleasanton, CA.

Discover why Zacks rates Healthcare Triangle as "Underperform", being the first on Wall Street to initiate coverage on the stock. Explore HCTI's heavy reliance on top clients amid liquidity issues and ongoing losses.

Zacks Initiates Coverage of Healthcare Triangle With Underperform Recommendation

PLEASANTON, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), In a pioneering move, a leading health system has partnered with Healthcare Triangle to utilize a groundbreaking cloud-based AI and machine learning solution. This collaboration establishes a revolutionary benchmark in the management and utilization of patient data, ultimately elevating the standards for enhanced care delivery.

Healthcare Triangle Breaks New Ground in AI-Powered Patient Data Management with readabl.ai

PLEASANTON, Calif., March 15, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics and AI data processing for the healthcare and life sciences industries, today announced financial results for its fourth quarter and full year ended December 31, 2023.

Healthcare Triangle, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

PLEASANTON, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a frontrunner in healthcare technology has announced the appointment of Anand Kumar as the interim Chief Executive Officer alongside his current role as the Chief Revenue Officer.

Healthcare Triangle, Inc. Appoints Anand Kumar as Interim CEO

PLEASANTON, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” HCTI” or the “Company”), embarks on a major initiative to integrate Artificial Intelligence (AI) and Large Language Models (LLMs) into healthcare, the message is clear: the future of healthcare is unforgiving, and organizations must adapt to AI-enhanced operations or risk significant setbacks. With Grand View Research estimating the AI in healthcare market projected to soar to $53.0 billion by 2024, Healthcare Triangle positions itself at the forefront, offering sophisticated ML models and LLMs to drive unparalleled patient outcomes in a landscape where being AI-enabled is not an option, but a necessity.

Empowering the Future of Healthcare: How Healthcare Triangle's AI Initiative Sets a New Standard in Patient Care Excellence

Company's latest initiative addresses growing demand for AI analytics to revolutionize patient care PLEASANTON, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” HCTI” or the “Company”), a leader in transforming healthcare through technology, today unveiled an initiative aimed at enabling healthcare organizations to harness the full potential of their organic data through Artificial Intelligence (AI) and Large Language Models (LLMs).

Healthcare Triangle Empowers Healthcare Providers to Harness AI and LLMs for Groundbreaking Outcomes

Strategic initiatives are expected to generate an estimated annualized savings of $3 million – $4 million in FY2024

Healthcare Triangle Announces Cost Reduction Initiatives to Achieve Profitability

Company positioned at forefront of $208 billion global AI in healthcare market by 2030 PLEASANTON, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a frontrunner in healthcare technology, announces a groundbreaking move with the launch of a new SaaS solutions designed to spearhead digital transformation and AI integration in the healthcare sector.

Healthcare Triangle Unveils New SaaS Solutions to Drive Digital Transformation and AI Integration in Healthcare

Digital transformation leader advances AI technology and healthcare security PLEASANTON, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a leader in transforming healthcare through technology, proudly announces the integration of the AI Trust, Risk, and Security Management (AI TRiSM) framework into its operations.

Healthcare Triangle Empowers Healthcare Security Management with AI TRiSM Framework Integration, Enhances AI Offerings with CloudEz and DataEz Platforms

PLEASANTON, Calif., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics, and AI data processing for the healthcare and life sciences industries, announced that it will sponsoring and participating at the 2024 MUSE Executive Institute, being held Jan 7th-9th, 2024 at The Resort at Pelican Hill in Newport Beach, California.

Healthcare Triangle, Inc. to Participate at the 2024 MUSE Executive Institute

PLEASANTON, Calif., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics, and AI data processing for the healthcare and life sciences industries, announced the execution on December 28, 2023 of a securities purchase agreement with an institutional investor for the sale of $2.0 million in aggregate principal amount of its senior secured 15% original issue discount convertible promissory notes, due June 28, 2025, along with warrants to purchase 357,500 shares of common stock with an exercise price of $3.44688 per share in a private placement transaction (the “Offering”). Due to the original issue discount, the Company received gross proceeds of approximately $1.7 million and net proceeds, after deducting offering expenses, of approximately $1.5 million. There may be additional potential closings, for up to an additional $3.2 million aggregate principal amount, subject to additional conditions detailed in the transaction documents.

Healthcare Triangle, Inc. Completes $2.0 Million Private Placement Debt Offering

PLEASANTON, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics, and AI data processing for the healthcare and life sciences industries, today announced results for the third quarter of 2023 ended September 30, 2023.

Healthcare Triangle Reports Third Quarter 2023 Results

PLEASANTON, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics, and AI data processing for the healthcare and life sciences industries, today announced its attendance at CHIME23 Fall Forum, a gathering of digital health leaders from around the globe, being held November 9-12, 2023, in Phoenix, Arizona.

Healthcare Triangle to Host Sessions on Digital Transformation and Ransomware Preparedness for Healthcare Systems at CHIME23 Fall Forum

Key learnings for today's event include methods for securing patient care and data integrity amid evolving cybersecurity challenges Key learnings for today's event include methods for securing patient care and data integrity amid evolving cybersecurity challenges

Healthcare Triangle to Host Webinar Addressing Ransomware Preparedness for Healthcare

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PLEASANTON, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics, and AI data processing for the healthcare and life sciences industries, today announced results for the second quarter of 2023 ended June 30, 2023.

Healthcare Triangle Reports Second Quarter 2023 Results

Company offers critical resources for seven key tenets of ransomware cybersecurity: education, assessment, preparedness, protection, detection, response, and recovery Company offers critical resources for seven key tenets of ransomware cybersecurity: education, assessment, preparedness, protection, detection, response, and recovery

Healthcare Triangle Ransomware Protection and Prevention Initiative Draws Initial Support from Multiple Health System Clients

PLEASANTON, CA / ACCESSWIRE / July 13, 2023 / Healthcare Triangle, Inc. (NASDAQ:HCTI), a digital transformation solutions company for the healthcare and life sciences industry, is launching a new initiative to support companies against ransomware attacks. Healthcare Triangle services include managed services, cloud enablement and data analytics, and its initiative will give healthcare organizations the tools and guidance to prevent and respond to ransomware incidents.

Healthcare Triangle (NASDAQ: HCTI) Launches Initiative To Prevent Ransomware Attacks In The $35 Billion Healthcare Data Market

Company to educate and guide best practices for maintaining resiliency in the face of increasing ransomware attacks in healthcare Company to educate and guide best practices for maintaining resiliency in the face of increasing ransomware attacks in healthcare

Healthcare Triangle Launches Ransomware Initiative Aimed at Protection and Prevention for Healthcare Providers

Healthcare Triangle (NASDAQ: HCTI ) stock is rocketing higher on Wednesday despite a lack of news from the healthcare information technology company. There's no new analyst coverage, press releases, or filings that explain why HCTI stock is rallying today.

Why Is Healthcare Triangle (HCTI) Stock Up 124% Today?

PLEASANTON, Calif., June 07, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the “Company”), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industry, that on May 31, 2023, the Company received a Delisting Notice from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) informing the Company that Nasdaq has determined the Company did not regain compliance with the minimum closing bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) by May 30, 2023, the deadline to regain compliance.

Healthcare Triangle Receives Nasdaq Delisting Notice; Appeals Determination

Company's “tech talks” and focus group will address methodologies supporting the highest standards for data protection and information security Company's “tech talks” and focus group will address methodologies supporting the highest standards for data protection and information security

Healthcare Triangle to Participate in 2023 MUSE Inspire Conference as Exhibitor and Host of Best Practice Sessions

PLEASANTON, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industry, today announced that it will effect a 1-for-10 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Friday, May 26, 2023, and the Company's common stock will commence trading on the Nasdaq Capital Market on a post-split basis at the opening of the market on May 26, 2023, pending confirmation by the Depository Trust Company and the Nasdaq. The Company's common stock will continue to trade on the Nasdaq Capital Market under the Company's existing trading symbol, “HCTI,” and a new CUSIP number 42227W 207 has been assigned as a result of the reverse stock split.

Healthcare Triangle, Inc. Announces 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan

PLEASANTON, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industry, today announced results for the first quarter of 2023 ended March 31, 2023.

Healthcare Triangle Reports First Quarter 2023 Results

Company to join long-time client CalvertHealth in discussing EHR resiliency using HCTI and AWS solutions Company to join long-time client CalvertHealth in discussing EHR resiliency using HCTI and AWS solutions

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