Healthcare Triangle Secures $1 Million in Multi-Year Contracts and Expands AI Platform to Drive Healthcare Digital Transformation

Healthcare Triangle, Inc. (Nasdaq: HCTI) has announced approximately $1.0 million in new multi-year strategic contract wins, including major agreements with a top-tier university medical system and the largest hospital system on the East Coast. These contracts reflect the company's growing role in enabling digital transformation across healthcare organizations through managed services, cloud enablement, and data analytics solutions. The significance of these wins extends beyond immediate revenue, demonstrating HCTI's ability to secure enterprise-scale partnerships that position the company as a mission-critical innovation partner rather than merely a service provider.

The company has simultaneously expanded its AI and EHR integration services, particularly through its next-generation AI medical document automation platform readabl.ai. This SaaS product transforms faxes, scanned forms, and unstructured clinical text into structured, actionable data that seamlessly integrates with electronic health record systems. The platform addresses a critical pain point in healthcare operations where manual document processing creates inefficiencies and delays in clinical decision-making. By automating these processes, healthcare systems can achieve significant operational improvements while enhancing data quality and accessibility for better patient care outcomes.

These developments accelerate HCTI's shift toward a recurring revenue model, which provides greater financial stability and predictability. The company's focus on scalable, AI-powered solutions improves margins while expanding its market footprint across both enterprise and community health systems. Particularly noteworthy is HCTI's exploration of high-impact EPIC workflow integrations tailored to community health system deployments, bringing enterprise-grade performance to underserved and regional networks at lower costs. This strategic direction addresses healthcare disparities while creating new market opportunities for the company.

HCTI maintains strategic partnerships with leading public cloud providers including Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure, leveraging these relationships to deliver comprehensive digital transformation solutions. The company's HITRUST Certification for Cloud and Data Platform demonstrates its commitment to the highest standards for data protection and information security, which is particularly crucial in the highly regulated healthcare and life sciences industries. These certifications provide clients with confidence in HCTI's ability to handle sensitive healthcare data while maintaining compliance with industry regulations.

The combination of new multi-year contracts, platform innovation, and AI-driven growth strategy positions HCTI for sustained growth in the rapidly evolving healthcare technology landscape. As healthcare organizations increasingly prioritize digital maturity and operational efficiency, HCTI's solutions address fundamental industry needs while creating long-term value for clients, partners, and shareholders. The company's focus on transforming unstructured clinical data into actionable insights through AI-powered automation represents a significant advancement in healthcare technology that can drive improved clinical outcomes and operational efficiencies across the healthcare ecosystem.