Curated News
By: NewsRamp Editorial Staff
June 16, 2025
HCTI Expands Digital Healthcare Reach with Niyama and Ezovion Acquisitions
TLDR
- Healthcare Triangle's acquisition of Niyama Healthcare and Ezovion Solutions positions it as a stronger competitor in the digital healthcare market with expanded SaaS offerings.
- HCTI acquired Niyama's Mental Health SaaS platform and Ezovion's HIS solutions for $5.7 million, enhancing its AI and cloud-first architecture and adding recurring revenue streams.
- This acquisition by Healthcare Triangle aims to improve global healthcare delivery through scalable SaaS solutions in mental health and hospital information systems.
- Healthcare Triangle expands into mental health and HIS markets with Niyama and Ezovion acquisitions, promising innovative digital healthcare solutions across multiple continents.
Impact - Why it Matters
This news is significant as it highlights the growing importance of digital transformation in healthcare, particularly in mental health and hospital information systems. The acquisition by HCTI not only expands its product offerings and global footprint but also enhances its ability to meet the evolving needs of the healthcare industry. For stakeholders, this means access to more comprehensive, scalable, and secure digital health solutions, ultimately leading to improved healthcare delivery and outcomes.
Summary
Healthcare Triangle, Inc. (HCTI), a leader in digital transformation for the healthcare and life sciences sectors, has announced the acquisition of Niyama Healthcare, Inc., a mental health SaaS platform, and a 100% equity stake in Ezovion Solutions Private Limited, a provider of hospital information systems. This strategic move, facilitated through HCTI's subsidiary QuantumNexis, aims to bolster HCTI's global presence and enhance its digital healthcare offerings, particularly in mental health and hospital information systems across India, Southeast Asia, and Europe. The deal, valued at $5.7 million, includes cash, restricted common stock, and earn-out payments based on financial performance. Key benefits include expansion into high-growth segments, enhancement of AI and cloud-first architectures, and the addition of recurring revenue streams. The acquisition also brings in talented personnel and opens up cross-selling opportunities within HCTI's existing customer base. Operational continuity for Niyama is assured until full integration with HCTI is completed by August 15, 2025.
This acquisition underscores HCTI's commitment to transforming healthcare delivery through integrated platforms, as highlighted by CFO David Ayanoglou and COO Sujatha Ramesh. With HITRUST Certification for its Cloud and Data Platform, HCTI is poised to lead in digital transformation, offering solutions that improve health outcomes through better data and technology utilization. For more details, visit www.healthcaretriangle.com.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, HCTI Expands Digital Healthcare Reach with Niyama and Ezovion Acquisitions
