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Healthcare Triangle, Inc..

HCTI.US | Computer consultancy and computer facilities management activities

Healthcare Triangle, Inc. (HCTI) is a healthcare information technology company providing a range of services and solutions primarily focused on cloud, data analytics, and cybersecurity. They assist healthcare organizations in their digital transformation journeys by offering services such as cloud ...Show More

Ethical Profile

Mixed.

Is Healthcare Triangle, Inc. (HCTI) ethical? Reports suggest a mixed ethical profile. Critics point to significant payroll delays and missed payments, with Glassdoor reviews citing a 13% CEO approval rating and high employee turnover due to financial instability. Conversely, HCTI demonstrates a strong commitment to data security, achieving HITRUST r2 certification for its Cloud and Data Platform. The company allocated $2.9 million to cybersecurity in 2023, reporting a 99.7% data breach prevention rate and adherence to HIPAA, HITECH, and GDPR. While HCTI's services indirectly support improved healthcare, evidence is insufficient for many other ethical areas like fair trade or environmental impact.

Value Scores

Better Health for All10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities-20
-100100
Safe & Smart Tech20
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

10

Healthcare Triangle, Inc. (HCTI) is primarily devoted to health improvement, aiming to revolutionize healthcare and improve outcomes through technology for providers, payers, and life sciences industries.

1
The company's Cloud and Data Platform (CaDP) has achieved HITRUST Risk-based, 2-year (r2) Certification, demonstrating high standards for data protection and information security.
2
This certification also contributes to industry-leading risk transparency by addressing security and data protection challenges.
3
HCTI is expanding its digital health solutions to emerging markets across Europe, Southeast Asia, the Middle East, and Africa, with its Better platform supporting over 30 million patients across more than 20 markets.
4
The company also supports the healthcare workforce by launching structured training and certification programs for its teams, including 300+ Solutions Architects/DevOps Engineers.
5

Fair Money & Economic Opportunity

0

Healthcare Triangle, Inc. (HCTI) is a healthcare information technology company, not a financial institution.

1
The company provides cloud, data analytics, and cybersecurity services to healthcare organizations.
2
As such, it does not offer lending or deposit services to consumers, nor does it provide debt products or manage customer finance data.
3
There is no evidence of revenue from high-cost financial products or penalty fees, nor any data on customer demographics, pricing, loan books, wealth building outcomes, profit reinvestment in community finance, financial literacy programs, or geographic inclusion related to financial services.
4
The company's core business lies outside finance, making all KPIs under 'Fair Money & Economic Opportunity' not applicable.
5

Fair Pay & Worker Respect

-20

Healthcare Triangle (HCTI.US) has an overall Glassdoor rating of 3.3 out of 5, with only 48% of employees recommending the company to a friend and 18% CEO approval.

1
Multiple employee reviews, including a Reddit post, cite significant delays and missed payroll payments, with one report detailing a one-week delay.
2
These issues, along with a lack of a 401k match, have led to suggestions of high employee turnover.
3
The company also faces concerns about inconsistent leadership and frequent changes in strategic plans.
4

Fair Trade & Ethical Sourcing

0

Healthcare Triangle, Inc. (HCTI) is an information technology company providing cloud, data analytics, and cybersecurity services. Given the nature of its business, which does not involve the procurement or trade of physical commodities, several KPIs related to physical supply chains are not applicable. There is no evidence in the provided articles regarding fair-trade certifications, supplier audit frequency, forced or child labor incidents, supply chain traceability, remediation speed for violations, or spend on high-risk materials.

1
All articles explicitly state that no relevant data was found for HCTI.US or Fair Trade & Ethical Sourcing.
2

Honest & Fair Business

0

No evidence available to assess Healthcare Triangle, Inc. on Honest & Fair Business.

Kind to Animals

0

Healthcare Triangle, Inc. (HCTI) is a healthcare information technology company providing cloud, data analytics, and cybersecurity services.

1
The provided articles do not contain any specific, concrete evidence regarding HCTI's practices or performance related to animal welfare. Therefore, no KPIs can be scored based on the available information.

No War, No Weapons

0

No evidence was found in the provided articles to assess Healthcare Triangle, Inc. against any of the KPIs for the 'No War, No Weapons' ethical value. The articles primarily discuss financial transactions, corporate actions like stock splits, and general business information related to healthcare technology services, without mentioning any involvement in arms, defense, military contracts, or related ethical considerations.

1

Planet-Friendly Business

0

Healthcare Triangle, Inc. (HCTI.US) has no publicly available data on carbon emissions, reduction targets, or climate commitments.

1
There is no specific data provided for HCTI.US regarding its Scope 1, 2, and 3 emissions, SBTi-aligned targets, renewable energy usage, water use, green building certifications, waste diversion rate, capital expenditure alignment with EU taxonomy, lifecycle impact analysis, recycled to virgin material ratio, carbon offset quality, climate-positive initiatives, supply chain climate transparency, supplier SBTi targets, biodiversity efforts, deforestation policy, environmental compliance violations, environmental impact assessments, net-zero target year, TCFD alignment, climate scenario analysis, stranded assets transparency, water sourcing from stressed basins, packaging CO2 reduction, climate justice initiatives, just transition programs, or climate adaptation financing.
2
The company's DitchCarbon score of 23 is lower than 81% of companies in the Computer Services industry, which has a mean score of 3.
3

Respect for Cultures & Communities

-20

Healthcare Triangle, Inc. has established three formal partnerships, including a joint venture with Golden Code Holdings and global partnerships with Better.care and Microsoft.

1
No cultural appropriation incidents have been reported.

Safe & Smart Tech

20

In 2023, Healthcare Triangle, Inc. (HCTI) invested $2.9 million in cybersecurity, which represents 6.71% of its $43.2 million revenue.

1
The company has achieved HITRUST Risk-based, 2-year (r2) Certification for its Cloud and Data Platform (CaDP) hosted on Amazon Web Services (AWS) and O365.
2
HCTI requires annual cybersecurity training for all employees, provides additional supplemental cybersecurity training based on role, and conducts random employee phish testing with follow-up.
3
The company uses robust encryption and secure access controls for data privacy and protection.
4
Authentication and vulnerability management are included in HCTI's comprehensive cybersecurity policy.
5
HCTI requests System and Organizational Controls (SOC) 2 reports from enterprise cloud application vendors and seeks additional compensating risk assurance in contract language if not provided.
6
External third-party security firms are engaged to assist with cybersecurity risk assessments, penetration testing, and system security analysis.
7
HCTI adheres to HIPAA, GDPR, and HITECH standards, performing regular compliance audits.
8
In 2023, HCTI achieved a 99.8% HIPAA audit pass rate and a 98.7% HITECH audit pass rate.
9
The company processes 1.6 petabytes of data monthly and supports 386 data standards.
10
HCTI employs a multilayer approach to cybersecurity risk based on the NIST framework, with information technology leadership reviewing enterprise risk management-level cybersecurity risks quarterly.
11
The Audit Committee performs an annual review of the cybersecurity program and receives quarterly updates.
12

Zero Waste & Sustainable Products

0

The provided articles contain no specific, concrete data points regarding HCTI.US's performance on any of the 'Zero Waste & Sustainable Products' KPIs. Information on waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education is explicitly stated as unavailable or not provided across all sources.

1

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.