Healthcare Triangle, Inc. - HCTI STOCK NEWS

Healthcare Triangle Inc. (HCTI) has appointed Sanjay Dalwani as Chief Revenue Officer to drive revenue growth and go-to-market strategy. Dalwani, an experienced digital leader, aims to enhance client relationships and accelerate IT transformation in the healthcare sector. His previous roles include leadership positions at Capgemini and Infosys, where he focused on healthcare and digital initiatives. CEO Suresh Venkatachari expressed optimism about Dalwani's ability to lead the company through its next growth phase, highlighting HCTI's commitment to innovative technology solutions for healthcare and life sciences.

Healthcare Triangle, Inc. (HCTI) successfully facilitated the on-time Go-Live of Sage Memorial's MaaS EHR Platform. This transition from paper-based practices enhances data accuracy and operational efficiency for Sage Memorial, a notable Native-managed healthcare system serving 23,000 residents in Arizona. Challenges included a steep learning curve and feature gaps from legacy systems. HCTI's expertise ensured effective implementation, creating automated processes and robust data management. With a focus on compliance and operational efficiency, Sage aims to leverage this new system for improved healthcare services.

Healthcare Triangle, Inc. (HCTI) announced the acquisition of DevCool, Inc., expected to generate approximately $20 million in annual revenues. DevCool, noted as one of the fastest growing private companies in the USA by Inc. 5000, provides EHR implementation and managed services to leading hospitals. This strategic acquisition aims to enhance HCTI's cloud technology offerings and expand its client base, particularly in cancer research and university medical centers. The combined operation is designed to improve patient care efficiency and reduce IT costs.

Healthcare Triangle Inc. (HCTI) announced that its Chairman and CEO, Suresh Venkatachari, will present at the Sidoti & Company Virtual Microcap Conference on December 9, 2021, at 12:15 PM ET. This presentation will be accessible live online. Additionally, HCTI will host virtual one-on-one meetings with investors during the conference, and registration is free for all attendees. The company specializes in cloud and data transformation solutions, supporting healthcare organizations with technology to improve health outcomes.

Healthcare Triangle, Inc. (HCTI) has partnered with Monument Health to enhance document processing through its readabl.ai solution, integrating AI and machine learning for improved patient care. This collaboration aims to automate the handling of thousands of daily medical documents, significantly reducing manual labor. With the expertise of HCTI, Monument Health anticipates streamlined operations, cost savings, and better accuracy in patient data management. The deployment will aid in meeting the healthcare needs of the communities served by Monument Health.

Healthcare Triangle Inc. (HCTI) has appointed Jason Polli as Vice President of Client Success for Healthcare Providers. With over 23 years in EHR technology and consulting, Polli has held leadership roles at companies like Leidos and Perot Systems. CEO Suresh Venkatachari expressed confidence in Polli's potential to drive growth. Polli highlighted HCTI's strong reputation in healthcare technology and solutions.

Healthcare Triangle Inc. (HCTI), a prominent provider of cloud and data transformation solutions, will be presenting at the Credit Suisse 30th Annual Healthcare Conference on November 11 at 1:50 pm ET. Suresh Venkatachari, Chairman and CEO of HCTI, will lead the presentation. Investors can access a replay of the event on the company's investor relations website. HCTI is dedicated to enhancing healthcare outcomes through innovative technology, supporting various healthcare entities in digital transformation and compliance, while optimizing performance and agility.

Healthcare Triangle Inc. (Nasdaq: HCTI) has announced its participation in the Emerging Growth Conference scheduled for November 10, 2021. This online event will facilitate real-time interaction between shareholders and the Company’s Chairman and CEO, Suresh Vankatachari. The presentation will begin at 12:30 PM Eastern time and last for 30 minutes, during which Vankatachari will address questions from attendees. An archived version of the webcast will also be available post-event.

Healthcare Triangle Inc. (HCTI) has launched Blockedge Glu, a new framework aimed at transforming pharmaceutical supply chains using blockchain technology. This initiative addresses significant issues such as drug traceability, with the potential to combat the alarming $200 billion loss to counterfeit drugs annually, according to BIS Research. The framework is designed to facilitate easier integration of complex IT systems with blockchain networks, providing a comprehensive playbook for industry leaders. This move aligns with increasing compliance requirements from the FDA under the Drug Supply Chain Security Act (DSCSA).