Healthcare Triangle, Inc. (NASDAQ: HCTI) entered into a Development Program Agreement with Better.care on January 29, 2026, to give its QuantumNexis subsidiary and other HCTI businesses access to Better’s openEHR‑based platform, low‑code Studio, and certification programs. The deal is designed to accelerate HCTI’s expansion into Europe, Southeast Asia, the Middle East, and Africa by providing interoperable, future‑proof solutions that can be deployed across a broad range of healthcare organizations.
The partnership positions HCTI to tap into Better’s established customer base and technology stack, potentially speeding the adoption of HCTI’s proprietary CloudEz, DataEz, and Readabl.AI platforms in high‑growth markets. By aligning with Better’s open data standards, HCTI aims to enhance its managed‑services and platform‑services portfolio, supporting a broader strategic shift toward recurring revenue models in the healthcare and life‑sciences sector.
HCTI’s recent strategic moves underscore the significance of the partnership. The company closed a $50 million acquisition of Spanish AI firms Teyamé 360 S.L. and Datono Mediación S.L. on the same day, a deal expected to add approximately $32 million in incremental annual revenue and $3.6 million in incremental EBITDA for fiscal 2025. The dual announcements—Teyame acquisition and the Better.care partnership—were the primary drivers of a strong market reaction, reflecting investor confidence in HCTI’s aggressive growth strategy and its transition to a more profitable, AI‑driven business model.
Suresh Venkatachari, Chairman of QuantumNexis, said the collaboration “reflects our shared vision of transforming healthcare delivery globally. By combining Healthcare Triangle’s innovation and execution capabilities with the robust Better platform, we are uniquely positioned to bring cutting‑edge digital health solutions to emerging markets and make a meaningful impact on patient care.” Petar Abadžić, International Markets Director at Better, added that the partnership “demonstrates how open data standards and modern platform technology can enable innovation at scale, supporting healthcare providers in building interoperable, future‑proof systems.”
The partnership strengthens HCTI’s competitive position in the EMEA region and supports its long‑term growth objectives. By integrating Better’s openEHR platform, HCTI can offer more scalable, interoperable solutions that align with industry trends toward standardized data exchange. The deal also complements HCTI’s AI initiatives, including QuantumNexis’ Ziloy mental‑wellness platform and Ezovion hospital information system, positioning the company as a comprehensive digital‑health innovator.
The collaboration signals a decisive shift toward recurring revenue and digital transformation, reinforcing HCTI’s strategy to move beyond legacy IT services and into high‑margin, subscription‑based AI and data platforms. The combined capabilities are expected to accelerate market penetration, improve customer retention, and generate new revenue streams across the EMEA region.
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