Healthcare Triangle, Inc. (HCTI) reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. The company supports 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. HCTI 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.

In December, HCTI announced that it had acquired DevCool, Inc., ranked by Inc. 5000 last year as among the fastest growing private companies in the United States. Both companies are Hacienda tenants. DevCool provides electronic health record (EHR) implementation and managed services to six of the top 10 hospitals in the US and specializes in providing services to cancer research hospitals and university medical centers. The combined entity will focus on accelerating healthcare providers to adopt cloud technologies in improving clinical, operational, and financial performance. This will open up significant opportunities for HCTI, a premier partner of AWS, Google Cloud, and Microsoft Azure, to upsell its SaaS Platforms such as CloudEz, DataEz, and Readabl.AI to the existing client base of DevCool, according to officials.

"With the acquisition of DevCool, Healthcare Triangle will implement technological advancements designed to improve hospitals' provisioning of patient care, reduce information technology costs, and enable faster EHR deployments for hospital clients as part of its strategy to consolidate its leadership position in the healthcare space," said Suresh Venkatachari, Chairman and CEO of Healthcare Triangle, Inc. "This will further allow clients to host their EHR on public clouds with the HCTI's CloudEz Platform and expertise. With the acquisition of DevCool, we will add large health systems and integrated delivery networks (IDN) to HCTI's client portfolio."

"We see the acquisition of DevCool improving patient outcomes by implementing AI and data-driven platforms across medical centers and clinical facilities," says Shibu Kizhakevilayil, Head of Mergers and Acquisitions and Board of Director of Healthcare Triangle Inc. "HCTI expects significant opportunities in cloud transformation services, further growth of data analytics, and AI platform-based recurring revenues in the healthcare domain."

"We are excited to be part of HCTI, and our goal is to continue helping hospitals innovate and at the same time keep EHR managed services cost lower," according to  Sandeep Deokule, founder of DevCool. "DevCool along with HCTI will now be able to scale faster, deliver large scale EHR implementations, and host applications on the cloud."

For more information about Healthcare Triangle, please visit www.healthcaretriangle.com.

For more information about DevCool, please visit www.devcool.com.