HCTI is off to a hot start this AM.

SmallCapFirm

(HCTI) Update: Big Breaking News This AM Sends This Nasdaq Low Float Idea On A Green Trend, Details Now

December 15th

SCF Readers,

HCTI is off to a hot start this AM.

Hitting an early high of $2.28 so far, it could be just the beginning as the company made another big announcement this morning.

Check it out:

Sage Memorial Hospital Trusts Healthcare Triangle for its MEDITECH-as-a-Service (MaaS) Implementation

Healthcare Triangle, Inc. (HCTI) helped Sage Memorial achieve a successful and on-time Go-Live of its MaaS EHR Platform.

PLEASANTON, Calif., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Healthcare Triangle’s expertise and experience in MEDITECH’s Expanse/MaaS software helped Sage Memorial accelerate their MaaS implementation and successful transition from paper and free-text notes for nursing staff, enabling structured data assessments and electronic care planning.

[...]

Read the full article here.

With Barchart reporting several technical indicators leaning towards oversold areas and the $2.00 level appearing to hold as strong potential support, HCTI could be trading from a very interesting level right now.

If more potential support continues to build at $2.00 (a level that HCTI has not dropped below since joining the Nasdaq Capital Markets), it could provide the building blocks for HCTI to return to previous highs over the $4.00 mark.

If you haven't yet, read my initial report below and today's big press release. Then get HCTI on your radar quickly.

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The market is open. Let's dive in quickly.

I've been spying a new Nasdaq profile that I want you to get on your radar ASAP. Here's why...

The College of Healthcare Information Management Executives (CHIME) is an organization created to serve the professional development needs of CIOs working in the healthcare industry and to promote effective information management.

An online survey of CHIME members conducted in July 2021 shows 61 of the healthcare IT execs surveyed have adopted a hybrid approach to cloud adoption.

Nearly 10% say they are “all in” on the public cloud. About 11% rely on a private-cloud approach.

45% say they are getting value from their cloud in-vest-ment.

Just under half of healthcare organizations surveyed (48%) are moving data recovery and backup to the cloud to protect the security of patients’ protected health information against phishing, hacking, and ransomware attacks.

When asked how soon they plan to make the move to the cloud if their organization has not already done so, 43.5% of healthcare IT executives say their organization will do so within the next two years, while 21% anticipate this transition will take place within the next three to five years.

Most organizations believe they do a good job of securing protected health information (PHI), but they also believe they could do better (56.45%). Just 21% would describe the level of protection they provide as “exceptionally secure.”

Nearly 23% are actively looking for another solution for securing PHI. At the same time, nearly 73% of healthcare IT executives surveyed say their organization has been the victim of phishing, hacking, or ransomware attacks.

Here's where Healthcare Triangle Inc., (Nasdaq: HCTI) could make a significant difference.

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Healthcare Triangle reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. They support healthcare organizations—including hospitals and health systems and health plans—as well as pharma and life sciences organizations, in their efforts to improve health outcomes.

Healthcare Triangle enables the rapid 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.

HCTI at a Glance: Innovative Industry Transforming Solutions

Healthcare Triangle (“HCTI”) – healthcare IT provider enabling clients to deliver digital transformation, personalized healthcare and accelerate dr-ug research & development through our proprietary technology platforms, automated solutions using AI and healthcare IT service offerings.

  • Recognized provider of cloud infrastructure migration, AI, data analytics, security & compliance and cloud managed services
  • Electronic Health Records (EHRs) implementations, optimization and integration expertise
  • Driving recurring revenues using their proprietary SaaS based platforms and solutions

Empowering life sciences companies and healthcare delivery organizations to adopt cloud-first strategy to improve outcomes, quality, access and cost of healthcare.

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HCTI Market Positioning - At the Nexus of rapidly growing HealthCare IT

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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.

[...]

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 [...].

[...]

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.

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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.

[...]

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.

[...]

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:

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Get HCTI on your radar now.

Sincerely,

Axel Adams

Editor, SCF


(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)​

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