Stock Report

Healthcare Triangle expands Long-Standing Customer Engagement with readabl.ai Medical Document Automation Solution



Posted On : 2023-04-04 16:51:34( TIMEZONE : IST )

Healthcare Triangle expands Long-Standing Customer Engagement with readabl.ai Medical Document Automation Solution

Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industry, today announced a multiyear subscription agreement with long-standing customer CalvertHealth for readabl.ai, a medical document automation solution that streamlines patient care and reduces operating costs.

Healthcare Triangle's readabl.ai integrates advanced document capture, image recognition, and analysis capabilities with state-of-the-art public cloud artificial intelligence/machine learning (AI/ML) and natural language processing (NLP) to recognize and extract healthcare information from documents, faxes and narrative reports. With faster data processing, readabl.ai streamlines workflow to improve patient care and clinical efficiencies while maintaining security and confidentiality, and because it uses the public cloud, readabl.ai's AI and language processing models are continually evolving and improving. Customizable for each customer's private cloud environment, readabl.ai is designed to meet and exceed HIPAA and HITRUST standards for information security.

"Despite the evolution of today's healthcare technology landscape, a trail of digitized paper records still follows patients as they move through the continuum of care. Thus, healthcare providers have a growing need for efficient information management and process automation for digitizing, ingesting, classifying, and extracting heath data while ensuring data security," said Roy Sookhoo, COO of Healthcare Triangle. "As their long-standing trusted advisor, HCTI was able to further CalvertHealth's digital transformation by enabling them to focus on higher-value activities related to patient care rather than labor-intensive document processing. This is one of many noteworthy examples of HCTI's customer retention and expansion strategies at work through innovative product development and marketing."

Shares of SECUREKLOUD TECHNOLOGIES LIMITED was last trading in BSE at Rs. 33.39 as compared to the previous close of Rs. 31.82. The total number of shares traded during the day was 5357 in over 100 trades.

The stock hit an intraday high of Rs. 33.41 and intraday low of 31.96. The net turnover during the day was Rs. 178007.00.

Source : Equity Bulls

Keywords

SECUREKLOUDTECHNOLOGIES INE650K01021 HealthcareTriangle HCTI DigitalTransformation CalvertHealth