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COMPUTER PROGRAMS & SYSTEMS INC - CPSI STOCK NEWS

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Computer Programs & Systems Inc (CPSI) is a prominent player in the healthcare technology sector, primarily known for its Electronic Health Record (EHR) systems. CPSI focuses on providing comprehensive IT solutions to rural, community, and critical access hospitals, which often have unique challenges in healthcare delivery. The company's flagship EHR system ensures complete integration of patient data across the healthcare delivery system, improving care delivery and yielding better patient outcomes.

Founded in 1979 and headquartered in Mobile, Alabama, CPSI has been dedicated to enhancing healthcare accessibility and efficiency. The company offers various products and services, including the Thrive EHR system, which is specially tailored for smaller healthcare facilities. CPSI’s solutions encompass a wide range of functionalities such as patient management, clinical management, financial management, and ambulatory solutions.

Recent achievements of CPSI include expanding its customer base and enhancing the capabilities of its EHR systems to meet the evolving needs of the healthcare sector. The company has also been actively involved in partnerships to broaden its service offerings and innovate its technology stack. CPSI’s subsidiary, TruBridge, Inc., provides business, consulting, and managed IT services that further support healthcare organizations in optimizing operations and reducing costs.

Financially, CPSI has demonstrated resilience and steady growth, focusing on enhancing shareholder value while maintaining robust financial health. The company continues to invest in research and development to ensure that its products remain at the forefront of technology and regulatory compliance.

CPSI’s commitment to improving rural and community healthcare, combined with its innovative technology solutions, positions it as a critical contributor to the healthcare IT landscape.

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CPSI to release Q3 2023 financial results on November 8, 2023
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CPSI has completed its acquisition of Viewgol, a provider of ambulatory revenue cycle management analytics and outsourcing services. The acquisition will accelerate CPSI's offshoring initiatives and provide scalability to its RCM offerings. Viewgol currently serves 38 customers in 15 states and is expected to generate approximately $1.5 million in net income and $4.5 million in Adjusted EBITDA in 2024.
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TruBridge, a subsidiary of CPSI, announces the full integration of TruCode under the TruBridge brand, strengthening their ability to provide financial health solutions to clients. The integration will result in a more unified client experience and easier access to products and services. TruBridge Encoder, the medical coding technology, enables more accurate and efficient coding. The brand integration represents the strategic alignment of TruBridge services, eliminating inefficiency in the hospital revenue cycle.
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CPSI to participate in Cantor Global Healthcare Conference 2023
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CPSI announced the appointment of Mark V. Anquillare as an independent director. Anquillare brings over three decades of executive and corporate finance experience, having recently retired from Verisk Analytics. He will serve as a Class I director and has been appointed to the Audit Committee.
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CPSI (NASDAQ: CPSI) to Release Q2 2023 Financial Results on August 9, 2023
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CPSI reports strong first quarter results with total revenue up 11% compared to last year. TruBridge revenue cycle management revenue grew by 20%. RCM revenue represented 59% of CPSI’s total recurring revenue. CEO Chris Fowler highlights the success in winning new clients and cross-selling RCM solutions.
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CPSI, a healthcare solutions provider, will release its financial results for the first quarter ended March 31, 2023, on May 9, 2023, prior to market opening. A conference call is scheduled for 8:30 a.m. Eastern Time the same day, available via its website www.cpsi.com. A replay of the call will be accessible online for 30 days following the live broadcast. Founded in 1979, CPSI operates six companies focused on improving healthcare for community hospitals and related facilities. Services offered include EHR solutions, patient engagement tools, medical coding software, and financial operations support. For more information, visit www.cpsi.com.

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FAQ

What is the market cap of COMPUTER PROGRAMS & SYSTEMS (CPSI)?

The market cap of COMPUTER PROGRAMS & SYSTEMS (CPSI) is approximately 133.3M.

What does CPSI specialize in?

CPSI specializes in providing Electronic Health Record (EHR) systems and healthcare IT solutions for rural, community, and critical access hospitals.

Where is CPSI headquartered?

CPSI is headquartered in Mobile, Alabama.

What are some products offered by CPSI?

CPSI offers the Thrive EHR system, patient management solutions, clinical management tools, financial management systems, and ambulatory solutions.

How does CPSI improve patient care?

CPSI’s EHR systems ensure complete integration of patient data across the healthcare delivery system, leading to improved care delivery and better patient outcomes.

Who are CPSI's primary customers?

CPSI primarily serves rural, community, and critical access hospitals.

What is TruBridge, Inc.?

TruBridge, Inc. is a subsidiary of CPSI, providing business, consulting, and managed IT services to healthcare organizations.

How has CPSI expanded its offerings recently?

CPSI has expanded its offerings through strategic partnerships and enhancements to its EHR system to meet the evolving needs of the healthcare sector.

What is CPSI’s approach to financial health?

CPSI focuses on maintaining robust financial health and enhancing shareholder value while investing in research and development.

When was CPSI founded?

CPSI was founded in 1979.

What is the significance of CPSI's technology solutions?

CPSI’s technology solutions are crucial for improving healthcare accessibility, efficiency, and outcomes, especially in rural and community settings.

COMPUTER PROGRAMS & SYSTEMS INC

Nasdaq:CPSI

CPSI Rankings

CPSI Stock Data

133.33M
13.50M
4.48%
91.66%
3.17%
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