HCTI - Healthcare Triangle Integrating AI and LLMs into healthcare

2024-03-01 10:20:02 ET

DENVER, Colo., Mar 01, 2024 ( 247marketnews.com )- Healthcare Triangle Inc. (NASDAQ: HCTI ) announced, this morning, that it’s embarking on a major initiative to integrate Artificial Intelligence (AI) and Large Language Models (LLMs) into healthcare, as Grand View Research estimates that AI in the healthcare market is projected to reach $53.0 billion by 2024.

Healthcare Triangle opened this morning’s trading at $2.30, shot up to $2.96, and retreated to $2.29, in the first few minutes. Its 52-week range is $1.87 to $10.89.

“As we navigate towards a future where AI integration becomes synonymous with healthcare excellence, our solutions and services will represent a crucial pivot point,” elaborates Mr. Kumar. “We are setting a new standard for patient care, leveraging AI and LLMs to deliver personalized, predictive, and effective healthcare solutions with our expertise in providing privacy and security adhering to our HITRUST certification and HIPAA compliance. The future is unequivocal in its demand for AI enablement, and with Healthcare Triangle, healthcare providers are equipped to meet this challenge head-on.”

Healthcare Triangle’s about section states that the Company “stands at the forefront of healthcare technology, specializing in AI and digital transformation. With a commitment to innovation, collaboration, and excellence, Healthcare Triangle is dedicated to reshaping healthcare delivery for the better. We collaborate with healthcare entities, including hospitals, health systems, payers, and pharma/life sciences organizations, leveraging breakthrough technology and extensive industry expertise to enhance health outcomes through optimized data utilization and cutting-edge information technologies. Holding HITRUST Certification for Cloud and Data Platform (CaDP) – featuring CloudEz ^™ , DataEz ^™ , and readabl.AI – our commitment to the highest standards in data protection and information security is unwavering. Healthcare Triangle serves as a beacon for the adoption of new technologies, data enlightenment, business agility, and swift response to evolving business needs and competitive challenges. Thriving in the highly regulated healthcare and life sciences sectors, we excel in digital transformation encompassing the cloud, security and compliance, identity management, data lifecycle management, healthcare interoperability, and clinical and business performance optimization. For more information, visit www.healthcaretriangle.com ”

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