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Health In Tech and AlphaTON Capital to Unveil Blockchain Healthcare Vision at Web Summit Lisbon
Prnewswire· 2025-11-11 12:00
Core Insights - Health In Tech and AlphaTON Capital are collaborating to develop HITChain, a blockchain-enabled insurance claims processing platform aimed at improving the efficiency and transparency of healthcare claims processing [3][4]. - The discussion at the Web Summit will focus on how blockchain technology can facilitate faster payments and enhance trust in healthcare data [2][5]. Company Overview - Health In Tech (Nasdaq: HIT) is an Insurtech platform that leverages third-party AI technology to streamline processes in the healthcare industry through vertical integration and automation [8]. - The company aims to address the inefficiencies in the healthcare claims process, which often involves outdated systems and delayed claims [4][8]. Event Details - The panel discussion titled "Blockchain Rx" will take place on November 12, 2025, at 11:35 AM on Stage 14 of the Web Summit in Lisbon, Portugal [6]. - Key speakers include Tim Johnson, Brittany Kaiser, and Dr. Dustin Plantholt, who will discuss the potential of blockchain in reshaping healthcare administration [2][6].
Health In Tech Inc(HIT) - 2025 Q3 - Earnings Call Presentation
2025-11-10 22:00
Nasdaq: HIT 22,40,80 30,109,175 210,20,125 This Presentation has been prepared by the Company solely for informational purposes. The information included herein in this presentation has not been independently verified. No representations, warranties or undertakings, express or implied, are made by the Company or any of it' s affiliates, advisers or representatives or the underwriters as to, and no reliance should be placed upon, the accuracy, fairness, completeness or correctness of the information or opini ...
Health In Tech Announces Third Quarter 2025 Financial Results
Prnewswire· 2025-11-10 21:00
Core Insights - Health In Tech reported a strong financial performance for Q3 2025, with revenue reaching $8.5 million, a 90% increase year-over-year, and nine-month revenue totaling $25.8 million, which is 132% of the full-year 2024 revenue [3][5][22] - The company launched large-employer underwriting capabilities, significantly reducing the quote generation time for groups of 150 or more employees from three months to two weeks, enhancing its market position [3][10] - Health In Tech is addressing inefficiencies in U.S. healthcare claims administration, which costs the industry over $300 billion annually, through a strategic partnership with AlphaTON Capital to develop a blockchain-enabled claims infrastructure [3][10] Financial Performance - Revenue for Q3 2025 was $8.5 million, up 90% from $4.5 million in Q3 2024; nine-month revenue was $25.8 million, compared to $14.6 million in the same period last year, reflecting a 77% increase [5][22] - Adjusted EBITDA for Q3 2025 was $1.0 million, a 49% increase year-over-year, with nine-month adjusted EBITDA reaching $3.8 million, up 110% from the previous year [5][22] - Pre-tax income for Q3 2025 was $0.6 million, a 48% increase from $0.4 million in Q3 2024, with nine-month pre-tax income at $2.1 million, up 111.8% year-over-year [5][22] Business Developments - The number of billed enrolled employees increased to 25,248, representing a year-over-year increase of 7,654 employees [5] - The distribution network expanded to 849 partners, including brokers, TPAs, and agencies, marking a 57% increase year-over-year [5] - Health In Tech is set to host its first Independent InsurTech Summit during the World Economic Forum week in Davos, featuring panels on AI and women in leadership [10][23]
Health In Tech Announces New Davos 2026 Panel: "First Ladies: Backing Women Who Build" Featuring Cherie Blair CBE, KC
Prnewswire· 2025-11-04 23:48
Core Insights - Health In Tech (Nasdaq: HIT) is expanding its agenda for the Independent InsurTech Summit during the World Economic Forum Week 2026 in Davos, Switzerland, highlighting its commitment to innovation and inclusivity in the insurance sector [1][3] Group 1: Event Details - The summit will feature a panel titled "First Ladies: Backing Women Who Build," focusing on women's entrepreneurship and leadership, with Cherie Blair as a featured speaker [2][4] - The event is scheduled for January 20, 2026, at 1:00 p.m. CET, and will be open to World Economic Forum participants and invited guests [5][4] Group 2: Company Initiatives - Health In Tech emphasizes its commitment to ethical AI through initiatives like AskTim, an AI benefits counselor, and HITChain, a framework for secure data validation [3][7] - The company aims to streamline processes in the healthcare industry by improving underwriting, sales, and service through vertical integration and automation [7]
Health In Tech, AlphaTON Partner to Develop ‘HITChain’ Blockchain Platform for Healthcare Claims on TON
Yahoo Finance· 2025-10-11 13:48
Group 1 - Health In Tech Inc. (NASDAQ:HIT) is recognized as one of the best performing new tech stocks, having signed a non-binding strategic Letter of Intent with AlphaTON Capital Corp. (NASDAQ:ATON) on September 30 [1][2] - The collaboration aims to develop HITChain, a blockchain-enabled healthcare insurance claims processing platform utilizing The Open Network/TON, combining Health In Tech's insurance expertise with AlphaTON's blockchain infrastructure [2][3] - HITChain is designed to tackle inefficiencies, fraud, and lack of transparency in US healthcare claims processing, aiming to reduce administrative costs and enhance trust among stakeholders [3] Group 2 - Health In Tech operates as an insurance technology platform and offers a health intelligence card to streamline medical records and claims management [4] - AlphaTON Capital Corp. is a clinical-stage immune-oncology company focused on pharmaceutical and biotechnology product development [4]