Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 30

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 30
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 or
when future healthcare reform initiatives at the federal or state level or other initiatives affecting our business will be proposed,
enacted, or implemented or what impact those initiatives may have on our business, financial condition, or operating results. Our clients
and the other entities with which we have a business relationship could react to these initiatives and the uncertainty surrounding these
proposals by curtailing or deferring investments, including those for our products and services.

Consolidation in the healthcare industry could adversely impact
our business, financial condition, and operating results.

Many healthcare industry organizations are consolidating
to create integrated healthcare delivery systems with greater market power. As provider networks and managed care organizations consolidate,
thus decreasing the number of market participants, the competition to provide products and services like ours will become more intense,
and the importance of establishing and maintaining relationships with key industry participants will increase. These industry participants
may try to use their market power to negotiate price reductions for our products and services. Further, consolidation of management and
billing services through integrated delivery systems may decrease demand for our products. Such consolidation may also lead to integrated
delivery systems requiring newly acquired physician practices to replace our products and services with those already in use in the larger
enterprise. Any of these factors could materially and adversely impact our business, financial condition, and operating results.

21

We are subject to numerous regulatory requirements
of the healthcare industry and is susceptible to a changing regulatory environment.

As a participant in the healthcare industry, our
operations and relationships, and those of our clients, are regulated by a number of foreign, federal, state, and local governmental entities.
The impact of such regulations on us, our products, and our services can be both direct and indirect. The direct impact is present to
the extent we are ourselves subject to the pertinent laws and regulations. The indirect effect of such regulations can be experienced
both in terms of the level of government reimbursement available to our clients and to the extent, our products must be capable of being
used by our clients in a manner compliant with applicable laws and regulations. Furthermore, our efforts to expand into new markets internationally
may subject us to numerous additional laws and regulations that may be potentially burdensome in compliance.

The ability of our clients to comply with laws
and regulations while using our software platforms and solutions could affect the marketability of our products or our compliance with
our client contracts, or even expose us to direct liability under the theory that we had assisted our clients in a violation of healthcare
laws or regulations. Because our