A multi-year MSA for EHR optimization and healthcare cybersecurity, MEDITECH-based Rural Health Transformation advisory work in three states, in addition to a new multi-year engagement to support a healthcare business unit's global technology center

PLEASANTON, Calif., Oct. 22, 2026 /PRNewswire/ -- Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company") today announced that its wholly owned, AI-led subsidiary, Purpose Health, Inc., has signed a series of multi-year agreements. Purpose Health has signed a multi-year Master Services Agreement ("MSA") with a university health system for EHR optimization and healthcare cybersecurity; in addition to signing a multi-year agreement to provide IT services supporting the Global Capability Center (GCC) of a healthcare business unit, among other recent successes. The wins arrive just three months after Purpose Health's July 2026 launch under Chairman and CEO Sumit Ganguli.

Momentum at a glance

• A multi-year MSA with a university health system: EHR optimization and healthcare cybersecurity services.
• Rural Health Transformation advisory: work with hospitals in Idaho, Vermont and New York using MEDITECH, under a federal program that provides $50 billion to states over five years.
• A multi-year Global Capability Center agreement: IT services supporting the GCC of a healthcare business unit.
• Agentic AI from real hospital work: EHR-agnostic AI agents built around everyday tasks such as claim denials and Medicaid renewals.
• Industry standing: an invitation to join the CHIME Foundation, the industry partner arm of the College of Healthcare Information Management Executives (CHIME).
• Proven roots: more than 15 years of experience with healthcare providers in EHR and managed services, and seven years supporting life sciences and pharma companies.

The Foundation Behind the Wins

Purpose Health is spending its first months side by side with clients, visiting them onsite and appearing at the fall's major healthcare IT events. These include Becker's 11th Annual IT + Revenue Cycle Conference in Chicago, where it showcased its EHR expertise and agentic AI solutions, MEDITECH LIVE in Foxborough, Mass., in addition to prospective events such as Open@Epic in Verona, Wis., and the CHIME Fall Forum in Aurora, Colo.

The work is taking shape in three areas:

• Health systems and rural hospitals. Purpose Health is working with university health systems on EHR assessments, benchmarking against peer organizations and large-scale optimization. It also advises hospitals and health systems in Idaho, Vermont and New York on projects under the Rural Health Transformation Program and on getting full value from their states' awards. Every state received a first-year award in December 2025.
• Agentic AI built from real hospital work. Purpose Health has designed EHR-agnostic AI solutions, each based on tasks hospital staff do by hand today: tracking Medicaid renewals so patients keep their coverage; working claim denials, assembling appeals and flagging underpayments; coordinating patient transfers and returning patients to their home community for follow-up care; and checking that the procedure, site and side agree across the record before surgery. Each solution keeps a person in the loop for decisions that affect patients or payment.
• Pharma and life sciences. Purpose Health has supported life sciences and pharma companies for seven years in validation, data management and cloudification, and is now developing AI solutions for pharma clients.

The invitation to join the CHIME Foundation puts Purpose Health alongside the CIOs and digital health leaders it serves.

"Purpose Health is off to the start that we had committed to," said Mr. Ganguli. "University health systems want their EHRs assessed and tuned, rural hospitals want their Rural Health Transformation dollars to count, and CIOs want AI that takes real work off their staff. We built Purpose Health for this work, and we are heading into 2027 with momentum."

About Healthcare Triangle, Inc.

Healthcare Triangle, Inc., based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. The Company supports hospitals and health systems, payers, and pharma and life sciences organizations in their effort to improve health outcomes through better use of the data and information technologies they rely on. Healthcare Triangle holds HITRUST Risk-based, 2-year (r2) Certified status for its Cloud and Data Platform (CaDP), marketed as CloudEz™ and DataEz™, demonstrating the highest standards for data protection and information security. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital transformation, including cloud, security and compliance, data lifecycle management, healthcare interoperability, and clinical and business performance optimization.

About Purpose Health, Inc.

Purpose Health, Inc., a wholly owned subsidiary of Healthcare Triangle, Inc., is an AI-led healthcare technology services firm dedicated to building next-generation digital infrastructure, agentic AI solutions and healthcare solutions for U.S. and international healthcare providers, payors, life sciences and med-tech clients. Through strategic partnerships with leading healthcare solution companies and AI-led solutions, Purpose Health delivers scalable, high-productivity managed services and point solutions to the healthcare sector.

Forward-Looking Statements and Safe Harbor Notice

All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995), and include, among others, statements regarding the Company's and Purpose Health's future financial and operating performance, the anticipated growth of Purpose Health's client engagements, the development and adoption of its agentic AI solutions, and expected trends in the Company's business. Such forward-looking statements include our expectations and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate." The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions, including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors outlined in the Company's annual report on Form 10-K for the year ended December 31, 2025, on file with the Securities and Exchange Commission (the "SEC") and in previous filings, subsequent filings and future periodic reports filed with the SEC. All the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.

Investor Contact
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SOURCE Healthcare Triangle, Inc.