Healthcare Triangle Inc (NASDAQ: HCTI) is a healthcare information technology company that provides software services, managed services, and cloud-based solutions to hospitals, health systems, payers, life sciences organizations, and biotech companies. Revenue is generated primarily through full-time employees and consultants delivering software services and managed services on a time-and-materials or fixed-price basis, with early-stage SaaS subscription offerings including Readabl.AI and Ezovion sold on a recurring subscription model. The company operates as an AWS Premier Partner and audited next-generation managed service provider, serving the Healthcare and Life Sciences industry. As of December 31, 2025, HCTI employed 43 full-time employees, 15 part-time employees, and 26 subcontractors. The company is headquartered in Pleasanton, California, with a satellite office in Plainsboro, New Jersey. HCTI does not pay dividends, directing earnings toward operations and growth. Its proprietary platforms, CloudEz, DataEz, Readabl.AI, Ziloy, and Ezovion, are in early marketing stages with customer acceptance not yet established as of the FY2025 10-K filed April 15, 2026.

Revenue model

The majority of revenue comes from software services (strategic advisory, implementation, development) and managed services and support (post-implementation support, cloud hosting), delivered by full-time employees and consultants on fixed-price or time-and-materials contracts. Platform services revenue is recognized using the cost-to-cost percentage-of-completion method. SaaS subscription revenue from Readabl.AI and Ezovion is at an early commercialization stage with no confirmed material contribution as of FY2025.

Products and services

Software services: Electronic Health Records (EHR) implementation, optimization, and extension; application managed services; backup and disaster recovery on public cloud. Managed services: 24x7 post-implementation support and cloud hosting. Proprietary SaaS platforms: CloudEz (cloud transformation), DataEz (healthcare data analytics), Readabl.AI (medical document management), Ziloy (digital mental wellness), and Ezovion (Hospital Information Management System). Platform services include data analytics and backup and recovery delivered on a fixed-price model.

Customers and end markets

Customers include hospitals, health systems, payers, life sciences organizations, and biotech companies. End markets center on healthcare IT modernization, EHR implementation, cloud transformation, healthcare data analytics, and interoperability driven in part by regulations such as the 21st Century Cures Act.

Value-chain role

HCTI sits between healthcare technology platforms and end healthcare organizations, acting as an implementation, integration, and managed services provider. It also develops and sells proprietary SaaS platforms directly to healthcare clients. The company is an AWS Premier Partner and audited next-generation managed service provider.

Geographic exposure

Primary office in Pleasanton, California; satellite office in Plainsboro, New Jersey. No owned real estate. Geographic revenue mix beyond U.S. operations is not specified in the filing excerpts.

Source: SEC 10-K, filed 2026-04-15

Industry: Services-Computer Integrated Systems Design Peers: CareView Communications Inc Healthlynked Corp iCoreConnect Inc. iSpecimen Inc NantHealth, Inc.