EQS-News: Healthcare Triangle Inc. (NASDAQ: HCTI) Announces Enterprise-Wide Cost Optimization Plan

24.06.25 15:07 Uhr

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EQS-News: Healthcare Triangle / Key word(s): Financial
Healthcare Triangle Inc. (NASDAQ: HCTI) Announces Enterprise-Wide Cost Optimization Plan

24.06.2025 / 15:07 CET/CEST
The issuer is solely responsible for the content of this announcement.

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PLEASANTON, CA - June 24, 2025 (NEWMEDIAWIRE) - Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company") today announced a proposed enterprise-wide cost optimization initiative aimed at reducing pre-acquisition run-rate expenses by up to $1.8 million annually. This initiative is a key part of HCTI’s ongoing commitment to streamline operations, improve financial performance, and reinforce long-term growth across its expanding portfolio of digital healthcare assets.

The cost optimization plan is strategically designed to realign operational expenditures with post-acquisition priorities, ensuring efficient capital deployment, operational agility, and sustainable value creation.

Key focus areas of the initiative include:

  • Align workforce, resource allocations with focused revenue-generating priorities
  • Eliminate operational redundancies and consolidating overlapping functions across acquired entities
  • Leveraging automation and AI to improve productivity and eliminate manual processes
  • Concentrate efforts on high-growth and high-margin segments
  • Optimizing existing vendor relationships and renegotiating contracts to improve margins
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These measures are intended to improve HCTI’s scalability, enhance EBITDA margins, and position the company to capitalize on strategic opportunities in digital health services.

“This plan reflects a disciplined approach to capital allocation as we enter a new phase of growth,” said Sujatha Ramesh, Chief Operating Officer, and David Ayanoglou, Chief Financial Officer of HCTI. “We are confident that this initiative will drive greater efficiency, improve shareholder value, and enable sustained innovation for our clients.”

About Healthcare Triangle (HCTI)

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Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes through better utilization of the data and information technologies that they rely on. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz™ and DataEz™. HITRUST’s Risk-based, 2-year (r2) certified status demonstrates to our clients the highest standards for data protection and information security. Healthcare Triangle enables the 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. www.healthcaretriangle.com.

Forward-Looking Statements and Safe Harbor Notice

All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995), and include, among others, statements regarding the consummation of the private placement, satisfaction of the customary closing conditions of the private placement and the use of the proceeds therefrom. Such forward-looking statements include our expectations and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate." The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions, including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors out lined in the company's annual report on form 10-K for the year ended December 31, 2024, on file with the Securities Exchange Commission (the “SEC”) and in previous filings, subsequent filings and future periodic reports filed with the SEC. All the company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.

Investors:
1-800-617-9550
ir@healthcaretriangle.com


News Source: Healthcare Triangle


24.06.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Healthcare Triangle
United States
ISIN: US42227W2070
EQS News ID: 2159802

 
End of News EQS News Service

2159802  24.06.2025 CET/CEST

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