And with a competitive advantage, growth strategy, and a mind-bending tech portfolio, HCTI is one to watch closely now.
Grab more key details and sources in the company presentation here.
Plus, with 5 key potential catalysts, this Nasdaq profile requires your full focus now. Check it out...
No. 1 HCTI Potential Breakout Catalyst - Monday's Big Acquisition News
Healthcare Triangle (HCTI) Acquires DevCool, an Electronic Health Record (EHR) Focused Healthcare IT and Managed Services Company
Acquisition Expected to Add Approximately $20Mn in Revenues
PLEASANTON, Calif., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (HCTI), a leading provider of Healthcare and Life Sciences cloud transformation, managed services and data analytics platform company, announced today that it has acquired DevCool, Inc. (“DevCool”), ranked by Inc. 5000 as among the fastest growing private companies in the USA in 2021.
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“We see the acquisition of DevCool improving patient outcomes by implementing AI and Data driven platforms across medical centers and clinical facilities. Healthcare Triangle (HCTI) expects significant opportunities in cloud transformation services, further growth of data analytics and AI platforms based recurring revenues in the healthcare domain,” said Shibu Kizhakevilayil, Head of M&A and Board of Director of Healthcare Triangle Inc. “We look forward to working with Sandeep Deokule and the DevCool team in our continued journey to become a top 10 healthcare IT company in US,” said Mr. Kizhakevilayil.
Read the full article here.
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No. 2 HCTI Potential Breakout Catalyst - Another Low Float Profile
Yahoo Finance is reporting HCTI to have a low float.
In fact, the website reports this profile to have approximately 7.96Mn shares total in its float.
Why is that important? It's important on one crucial level. Volatility.
With so few shares available for trading, other potential catalysts (like big news) could spark a vertical move in the short-term.
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No. 3 HCTI Potential Breakout Catalyst - B-chain Methodology Could Be True Game-Changer
Healthcare Triangle Releases Methodology for B-chain Transformation for Pharma Supply Chain
PLEASANTON, Calif., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the "Company") [...] is pleased to announce the release of Blockedge Glu [...].
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Read the full article here.
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No. 4 HCTI Potential Breakout Catalyst - Providing Critical Support To Monument Health
Healthcare Triangle (HCTI) Selected By Monument Health to Automate Document Processing
Healthcare Triangle, Inc. (HCTI) to provide Monument Health with critical support to unlock the data in the documents and gain a comprehensive view of patients’ medical history
PLEASANTON, Calif., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the "Company") a leading provider of cloud and data transformation platform and solutions for healthcare and life sciences, is pleased to announce that Monument Health taps Healthcare Triangle to automate their document processing through readable(dot)AI.
Healthcare Triangle’s deep expertise in Artificial Intelligence (AI), Machine Learning (ML), and Natural Language Processing (NLP) has helped Monument Health turn their clinical data from disparate sources into actionable insight.
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“As a trail of records follows patients in their healthcare journey, Healthcare Triangle’s readabl(dot)ai solution helps unlock key data while reducing the burden of manual data capture,” Suresh Venkatachari, CEO, Healthcare Triangle.
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Read the full article here.
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No. 5 HCTI Potential Breakout Catalyst - IPO And Joining The Nasdaq Capital Markets
Healthcare Triangle, Inc. Announces Closing of $13.0Mn Initial Public Offering
PLEASANTON, Calif., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in the public cloud for Hospitals, Health Systems and Life Sciences, today announced the closing of its initial public offering of 3,262,500 shares of common stock (the “Common St-ock”) at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $13.0Mn, prior to deducting underwriting discounts, commissions, and offering expenses. In addition, the Company has granted the underwriters a 45-day over-allotment option to purchase up to an additional 489,375 shares of Common St-ock at the public offering price, less underwriting discounts and commissions.
The Company’s Common St-ock began trading on The Nasdaq Capital Market under the symbol “HCTI” on October 13, 2021.
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Read the full article here.
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Top 5 Potential Breakout Catalysts - Complete HCTI Recap
No. 1 - This Week's Big Acquisition News
No. 2 - Another Low Float Profile
No. 3 - Blockchain Methodology Could Be True Game-Changer
No. 4 - Providing Critical Support To Monument Health
No. 5 - IPO And Joining The Nasdaq Capital Markets
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Coverage is officially initiated on HCTI. When you have a second, do this:
