Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 180

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 180
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 systems infrastructure is designed to address interoperability challenges across the healthcare
continuum. It integrates big data with real-time resources and applies machine learning algorithms to inform and optimize treatment decisions.
In order to grow our business, we intend to expand the functionality of our offering to increase its acceptance and use by the broader
market. In particular, our systems infrastructure is targeted at those in the healthcare continuum that are transitioning from fee-for-service
to a value-based reimbursement model. While we believe this to be the current trend in healthcare, this trend may not continue in the
future. Our systems infrastructure is less effective with a traditional fee-for-service model and if there is a reversion in the industry
towards fee-for-service, or a shift to another model, we would need to update our offerings and we may not be able to do so effectively
or at all. It is difficult to predict client adoption and renewal rates, client demand for our software, the size and growth rate of the
market for our solutions, the entry of competitive products, or the success of existing competitive products. Many of our potential clients
may already be a party to existing agreements for competing offerings that may have lengthy terms or onerous termination provisions, and
they may have already made substantial investments into those platforms which would result in high switching costs. Any expansion in our
market depends on several factors, including the cost, performance, and perceived value associated with such operating system and software
applications particularly considering the shifting market dynamics. Although we have experienced rapid adoption of our systems infrastructure
and software solutions, the rate may slow or decline in the future, which would harm our business and operating results. In addition,
while many large hospital systems and payers use our solutions, many of these entities use only certain of our offerings, and we may not
be successful in driving broader adoption of our solutions among these existing users, which would limit our revenue growth.

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If the market for our offerings does not achieve
widespread adoption or there is a reduction in demand for our offerings in our market caused by a lack of customer acceptance, technological
challenges, lack of accessible machine data, competing technologies and products, decreases in corporate spending, weakening economic
conditions, or otherwise, it could result in reduced customer orders, early terminations, reduced renewal rates or decreased revenues,
any of which would adversely affect our business operations and financial results. You should consider our business and prospects in light
of the risks and difficulties we may encounter in this new and unproven