Healthcare Triangle Inc.'s subsidiary QuantumNexis is advancing strategic partnerships in Malaysia, representing a combined revenue opportunity of approximately USD 2 million. The partnerships aim to address enterprise mental health and digital health innovation in global markets, particularly in Malaysia where 29% of adults experience mental health problems. The collaborations include a partnership with V-Sure Tech Sdn Bhd and Malaysia's leading Third-Party Administrator to broaden digital access to QuantumNexis' GenAI-powered integrative mental health platform.
Healthcare Triangle, Inc. (Nasdaq: HCTI), a leader in digital transformation solutions, has announced that its subsidiary, QuantumNexis, has secured strategic partnerships in Malaysia, representing a combined revenue opportunity of approximately USD 2 million. These initiatives aim to address enterprise mental health and digital health innovation, particularly in Malaysia where 29% of adults experience mental health problems [1].
QuantumNexis, which specializes in AI-driven digital health platforms, has formed collaborations with V-Sure Tech Sdn Bhd and Malaysia's leading Third-Party Administrator (TPA). V-Sure Tech, Malaysia's only on-demand lifestyle digital insurer, will support mental wellness for small and medium-sized enterprises (SMEs) through a bundled digital offering of QuantumNexis' GenAI-powered integrative mental health platform (Ziloy) [2]. The TPA engagement will broaden digital access to Ziloy for enterprise populations.
The partnerships reflect QuantumNexis' rapid execution, market fit, and global expansion momentum. Suresh Venkatachari, Chairman of QuantumNexis, stated, "These strategic partnerships reflect our bold vision to redefine how healthcare is delivered and scaled worldwide" [2]. Sujatha Ramesh, Chief Operating Officer of Healthcare Triangle, Inc. and QuantumNexis, added, "We are proud to see QuantumNexis taking the lead in Southeast Asia with trusted partners who share our mission to transform healthcare through our global GenAI-powered platform" [2].
Additionally, QuantumNexis has a strong pipeline of late-stage opportunities across Southeast Asia, including discussions with hospital networks and healthcare providers for mental wellness and wound care deployments, a proposed AI-enabled clinic management system covering 5,000+ clinics under commercial evaluation, and pilot planning with a licensed psychological rehabilitation group [1].
Healthcare Triangle, Inc. achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEzTM and DataEzTM, demonstrating the highest standards for data protection and information security [1].
References:
[1] https://finance.yahoo.com/news/healthcare-triangle-inc-subsidiary-quantumnexis-130000607.html
[2] https://www.marketscreener.com/news/healthcare-triangle-inc-s-subsidiary-quantumnexis-advances-strategic-international-partnerships-si-ce7c5fdddd8df12d
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