Latest news with #HCTI
Associated Press
07-07-2025
- Business
- Associated Press
Healthcare Triangle, Inc. Announces Nasdaq Hearings Panel's Grant of the Company's Request for Continued Listing of Its Securities
PLEASANTON, CALIFORNIA - July 7, 2025 ( NEWMEDIAWIRE ) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ('HCTI' or the 'Company'), a visionary leader in digital transformation solutions for the healthcare and life sciences industries, today announced that the Nasdaq Stock Market (or 'Nasdaq') Hearings Panel (or 'the Company's Panel') has granted the company's request for its continued listing of the Company's securities on the Nasdaq. This decision followed a review of a Public Interest Concern raised by Nasdaq's Listing Qualifications Department. After careful consideration, the Panel determined that Healthcare Triangle Inc. is in compliance with Nasdaq's shareholders' equity rule and granted the Company a continued listing exception to resolve previously noted deficiencies. The Panel will impose a Discretionary Panel Monitor for a one-year period following any compliance determination. The Panel granted the Company's request for continued listing on the Exchange, subject to the following: 'We are elated and grateful to Nasdaq's Panel for reaching its determination, allowing us to continue with our listing intact, providing our investor base along with new investors with the ability to continue to trade our securities,' said Dave Rosa, Chairman of the Board of Directors at HCTI. 'Moving forward, we remain optimistic on advancing our mission by executing our strategic plan for maximum growth and sustainability as we empower healthcare organizations through cutting-edge cloud technologies, AI-driven analytics, and secure data platforms.' Healthcare Triangle Inc. remains dedicated to providing updates to shareholders and stakeholders as it continues its focus on enhancing shareholder value. About Healthcare Triangle (HCTI) Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare, including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes through better utilization of the data and information technologies that they rely on. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz(TM) and DataEz(TM). HITRUST's Risk-based, 2-year (r2) certified status demonstrates to our clients the highest standards for data protection and information security. Healthcare Triangle enables the adoption of new technologies, data enlightenment, business agility, and response to immediate business needs and competitive threats. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital transformation encompassing the cloud, security and compliance, data lifecycle management, healthcare interoperability, clinical and business performance optimization. Forward-Looking Statements and Safe Harbor Notice All statements other than statements of historical facts included in this press release are 'forward-looking statements' (as defined in the Private Securities Litigation Reform Act of 1995), and include, among others, statements regarding the consummation of the private placement, satisfaction of the customary closing conditions of the private placement and the use of the proceeds therefrom. Such forward-looking statements include our expectations and those statements that use forward-looking words such as 'projected,' 'expect,' 'possibility' and 'anticipate.' The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions, including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors out lined in the company's annual report on form 10-K for the year ended December 31, 2024, on file with the Securities Exchange Commission (the 'SEC') and in previous filings, subsequent filings and future periodic reports filed with the SEC. All the company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. Investors: 1-800-617-9550 [email protected]
Associated Press
24-06-2025
- Business
- Associated Press
Healthcare Triangle Inc. (NASDAQ: HCTI) Announces Enterprise-Wide Cost Optimization Plan
PLEASANTON, CA - June 24, 2025 ( NEWMEDIAWIRE ) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ('HCTI' or the 'Company') today announced a proposed enterprise-wide cost optimization initiative aimed at reducing pre-acquisition run-rate expenses by up to $1.8 million annually. This initiative is a key part of HCTI's ongoing commitment to streamline operations, improve financial performance, and reinforce long-term growth across its expanding portfolio of digital healthcare assets. The cost optimization plan is strategically designed to realign operational expenditures with post-acquisition priorities, ensuring efficient capital deployment, operational agility, and sustainable value creation. Key focus areas of the initiative include: These measures are intended to improve HCTI's scalability, enhance EBITDA margins, and position the company to capitalize on strategic opportunities in digital health services. 'This plan reflects a disciplined approach to capital allocation as we enter a new phase of growth,' said Sujatha Ramesh, Chief Operating Officer, and David Ayanoglou, Chief Financial Officer of HCTI. 'We are confident that this initiative will drive greater efficiency, improve shareholder value, and enable sustained innovation for our clients.' About Healthcare Triangle (HCTI) Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes through better utilization of the data and information technologies that they rely on. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz(TM) and DataEz(TM). HITRUST's Risk-based, 2-year (r2) certified status demonstrates to our clients the highest standards for data protection and information security. Healthcare Triangle enables the adoption of new technologies, data enlightenment, business agility, and response to immediate business needs and competitive threats. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital transformation encompassing the cloud, security and compliance, data lifecycle management, healthcare interoperability, and clinical and business performance optimization. Forward-Looking Statements and Safe Harbor Notice All statements other than statements of historical facts included in this press release are 'forward-looking statements' (as defined in the Private Securities Litigation Reform Act of 1995), and include, among others, statements regarding the consummation of the private placement, satisfaction of the customary closing conditions of the private placement and the use of the proceeds therefrom. Such forward-looking statements include our expectations and those statements that use forward-looking words such as 'projected,' 'expect,' 'possibility' and 'anticipate.' The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions, including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors out lined in the company's annual report on form 10-K for the year ended December 31, 2024, on file with the Securities Exchange Commission (the 'SEC') and in previous filings, subsequent filings and future periodic reports filed with the SEC. All the company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. Investors: 1-800-617-9550 [email protected]
Yahoo
12-06-2025
- Business
- Yahoo
Healthcare Triangle Secures Major Health System Contracts and Expands AI-Powered EHR Services Nationwide
New Multi-year Wins, Platform Innovation, and AI-driven Growth Strategy Position HCTI for Sustained Growth PLEASANTON, CALIF. - May 28, 2025 (NEWMEDIAWIRE) - 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 industries today announced approximately $1.0 million of new multi-year strategic contracts wins. These include major agreements with a top-tier university medical system and the largest hospital system on the East Coast. In addition, HCTI is significantly expanding its AI and EHR integration services, reinforcing its position as a trusted innovation partner to health systems nationwide. "These strategic wins reflect our ability to deliver enterprise-scale transformation with speed and precision," said Sujatha Ramesh, Chief Operating Officer of Healthcare Triangle. "We're enabling digital maturity, operational efficiency, and cost-effective care delivery - firmly positioning HCTI as a mission-critical partner, not just a service provider." Aligned with its innovation roadmap, HCTI has also expanded its portfolio with an AI-powered a next-generation AI medical document automation platform that transforms faxes, scanned forms, and unstructured clinical text into structured, actionable data - seamlessly integrating with the electronic health record (EHR). Existing healthcare systems have realized significant benefits by automating their document management processes through The solution has also facilitated the transformation of unstructured clinical text into structured, actionable data - seamlessly integrating with electronic health records (EHR) to enhance clinical decision-making and operational efficiency "These wins and platform advancements are accelerating our shift to a recurring revenue model," added David Ayanoglou, Chief Financial Officer of HCTI. "We're delivering scalable, AI-powered solutions that improve margins, expand our footprint, and increase enterprise value. HCTI is well-positioned for long-term growth and profitability." Further strengthening its community focus, HCTI is exploring high-impact EPIC workflow integrations tailored to community health system deployments. These efforts aim to enhance clinical efficiency, streamline onboarding, and bring enterprise-grade performance to underserved and regional networks - delivering scalable solutions at lower cost. With a growing portfolio of strategic contracts, breakthrough AI platforms, and an expanding presence across enterprise and community health systems, HCTI is charting a clear path towards sustainable, technology-driven growth. The Company remains focused on delivering innovation at scale and unlocking long-term value for clients, partners, and shareholders. HCTI maintains strategic partnerships with leading public cloud providers - Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure. About Healthcare Triangle Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes through better utilization of the data and information technologies that they rely on. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz(TM) and DataEz(TM). HITRUST Risk-based, 2-year (r2) Certified status demonstrates to our clients the highest standards for data protection and information security. Healthcare Triangle enables the adoption of new technologies, data enlightenment, business agility, and response to immediate business needs and competitive threats. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital transformation encompassing the cloud, security and compliance, data lifecycle management, healthcare interoperability, and clinical and business performance optimization. Forward-Looking Statements and Safe Harbor Notice All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995), and include, among others, statements regarding the consummation of the private placement, satisfaction of the customary closing conditions of the private placement and the use of the proceeds therefrom. Such forward-looking statements include our expectations and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate." The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions, including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, on file with the Securities Exchange Commission (the "SEC") and in previous filings, subsequent filings and future periodic reports filed with the SEC. All the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. Investors:1-800-617-9550ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Healthcare Triangle Will launch QuantumNexis With Planned Strategic Acquisitions of Niyama and Ezovion to Lead the Future of Gen AI-Powered Healthcare SaaS
PLEASANTON, CALIF. - May 27, 2025 (NEWMEDIAWIRE) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company"), a visionary leader in digital transformation solutions for the healthcare and life sciences industries, today announced a transformative expansion with the launch of QuantumNexis, Inc. ("QuantumNexis"), a new subsidiary focused on AI-powered SaaS solutions for the global healthcare market. This strategic move will be executed through the simultaneous acquisitions by QuantumNexis of Niyama Healthcare, a pioneer in AI-driven digital mental wellness, and Ezovion Solutions, a leading provider of smart hospital and EHR management platforms. QuantumNexis will serve as the innovation engine for HCTI's recurring revenue business lines. By integrating Niyama's personalized Gen AI mental health technology with Ezovion's hospital intelligence platform, the new subsidiary is poised to address urgent global demands in clinical efficiency, mental health accessibility, and healthcare automation. Niyama Healthcare: Transforming Mental Health with Gen AI & Clinical Intelligence Niyama Healthcare delivers a fully digital, evidence-based mental wellness platform that integrates holistic medicine. At its core is a proprietary Generative AI engine that personalizes treatment using 360-degree analytics across psychological, physical, and behavioral data. The platform supports psychiatry, clinical psychology, medical yoga, and nutrition - all accessible via mobile or desktop and currently has piloted over 5000 clients. This scalable approach meets the rising demand for flexible, AI-assisted mental healthcare. ( Ezovion Solutions: Smarter AI-based Hospital Information System Ezovion Solutions offers a modular, cloud based AI-powered hospital information system (HIS) that connects care workflows across diagnostics, medications, EHR, and revenue cycle management (RCM). Built on FHIR/HL7-compliant infrastructure, Ezovion empowers hospitals to deliver smarter, real-time care through advanced analytics, AI-driven decision support, and enhanced operational visibility across clinical and administrative functions. Ezovion solutions are deployed over 325 hospitals across Asia and MEA ( "QuantumNexis marks a pivotal step in our growth strategy by separating our Gen AI SaaS innovation from traditional services," said Sujatha Ramesh, Chief Operating Officer of HCTI. "With Niyama and Ezovion, we're launching an intelligent, global healthcare platform that delivers measurable impact at scale." "This structure unlocks significant valuation upside," added David Ayanoglou, Chief Financial Officer. "By isolating our fastest-growing business into QuantumNexis, we are improving transparency, enhancing capital strategy, and positioning HCTI for long-term shareholder value creation." The launch of QuantumNexis establishes HCTI as a focused player in Gen AI healthcare SaaS, delivering powerful solutions to underserved markets while enabling margin expansion through automation and product-led growth. This move reaffirms the company's commitment to innovation, financial discipline, and sustainable market leadership. About Healthcare Triangle (HCTI) Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes through better utilization of the data and information technologies that they rely on. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz(TM) and DataEz(TM). HITRUST's Risk-based, 2-year (r2) certified status demonstrates to our clients the highest standards for data protection and information security. Healthcare Triangle enables the adoption of new technologies, data enlightenment, business agility, and response to immediate business needs and competitive threats. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital transformation encompassing the cloud, security and compliance, data lifecycle management, healthcare interoperability, and clinical and business performance optimization. Forward-Looking Statements and Safe Harbor Notice All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995), and include, among others, statements regarding the consummation of the private placement, satisfaction of the customary closing conditions of the private placement and the use of the proceeds therefrom. Such forward-looking statements include our expectations and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate." The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions, including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors out lined in the company's annual report on form 10-K for the year ended December 31, 2024, on file with the Securities Exchange Commission (the "SEC") and in previous filings, subsequent filings and future periodic reports filed with the SEC. All the company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. Investors:1-800-617-9550 ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
27-05-2025
- Business
- Associated Press
Healthcare Triangle Will launch QuantumNexis With Planned Strategic Acquisitions of Niyama and Ezovion to Lead the Future of Gen AI-Powered Healthcare SaaS
Purpose-built AI Subsidiary Accelerates Growth, Unlocks Value, and Positions HCTI as a Next-generation Leader in Gen AI-powered Healthcare Technology PLEASANTON, CALIF. - May 27, 2025 ( NEWMEDIAWIRE ) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ('HCTI' or the 'Company'), a visionary leader in digital transformation solutions for the healthcare and life sciences industries, today announced a transformative expansion with the launch of QuantumNexis, Inc. ('QuantumNexis'), a new subsidiary focused on AI-powered SaaS solutions for the global healthcare market. This strategic move will be executed through the simultaneous acquisitions by QuantumNexis of Niyama Healthcare, a pioneer in AI-driven digital mental wellness, and Ezovion Solutions, a leading provider of smart hospital and EHR management platforms. QuantumNexis will serve as the innovation engine for HCTI's recurring revenue business lines. By integrating Niyama's personalized Gen AI mental health technology with Ezovion's hospital intelligence platform, the new subsidiary is poised to address urgent global demands in clinical efficiency, mental health accessibility, and healthcare automation. Niyama Healthcare: Transforming Mental Health with Gen AI & Clinical Intelligence Niyama Healthcare delivers a fully digital, evidence-based mental wellness platform that integrates holistic medicine. At its core is a proprietary Generative AI engine that personalizes treatment using 360-degree analytics across psychological, physical, and behavioral data. The platform supports psychiatry, clinical psychology, medical yoga, and nutrition - all accessible via mobile or desktop and currently has piloted over 5000 clients. This scalable approach meets the rising demand for flexible, AI-assisted mental healthcare. ( ). Ezovion Solutions: Smarter AI-based Hospital Information System Ezovion Solutions offers a modular, cloud based AI-powered hospital information system (HIS) that connects care workflows across diagnostics, medications, EHR, and revenue cycle management (RCM). Built on FHIR/HL7-compliant infrastructure, Ezovion empowers hospitals to deliver smarter, real-time care through advanced analytics, AI-driven decision support, and enhanced operational visibility across clinical and administrative functions. Ezovion solutions are deployed over 325 hospitals across Asia and MEA ( ). 'QuantumNexis marks a pivotal step in our growth strategy by separating our Gen AI SaaS innovation from traditional services,' said Sujatha Ramesh, Chief Operating Officer of HCTI. 'With Niyama and Ezovion, we're launching an intelligent, global healthcare platform that delivers measurable impact at scale.' 'This structure unlocks significant valuation upside,' added David Ayanoglou, Chief Financial Officer. 'By isolating our fastest-growing business into QuantumNexis, we are improving transparency, enhancing capital strategy, and positioning HCTI for long-term shareholder value creation.' The launch of QuantumNexis establishes HCTI as a focused player in Gen AI healthcare SaaS, delivering powerful solutions to underserved markets while enabling margin expansion through automation and product-led growth. This move reaffirms the company's commitment to innovation, financial discipline, and sustainable market leadership. About Healthcare Triangle (HCTI) Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes through better utilization of the data and information technologies that they rely on. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz(TM) and DataEz(TM). HITRUST's Risk-based, 2-year (r2) certified status demonstrates to our clients the highest standards for data protection and information security. Healthcare Triangle enables the adoption of new technologies, data enlightenment, business agility, and response to immediate business needs and competitive threats. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital transformation encompassing the cloud, security and compliance, data lifecycle management, healthcare interoperability, and clinical and business performance optimization. Forward-Looking Statements and Safe Harbor Notice All statements other than statements of historical facts included in this press release are 'forward-looking statements' (as defined in the Private Securities Litigation Reform Act of 1995), and include, among others, statements regarding the consummation of the private placement, satisfaction of the customary closing conditions of the private placement and the use of the proceeds therefrom. Such forward-looking statements include our expectations and those statements that use forward-looking words such as 'projected,' 'expect,' 'possibility' and 'anticipate.' The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions, including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors out lined in the company's annual report on form 10-K for the year ended December 31, 2024, on file with the Securities Exchange Commission (the 'SEC') and in previous filings, subsequent filings and future periodic reports filed with the SEC. All the company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. Investors: 1-800-617-9550 [email protected]
