Computer Programs and Systems, Inc. provides healthcare information technology solutions and services in the United States and the Caribbean nation of St. Maarten. Its software systems include patient management software that enables a hospital to identify a patient at various points in the healthcare delivery system, as well as to collect and maintain patient information throughout the process of patient care; and financial accounting software, which offers business office applications to track and coordinate information needed for managerial decision-making. The company also provides clinical software that automates record keeping and reporting for various clinical functions, including laboratory, radiology, physical therapy, respiratory care, and pharmacy; patient care applications; and enterprise applications that support its products for use in various areas of the hospital. In addition, it offers Centriq, an intuitive user interface to centralize data from various care areas that provide the end user with a tool to view past and present patient information. Further, the company provides software solutions that promote data-driven clinical and financial outcomes for customers in the post-acute care industry; software application support, hardware maintenance, and education and related services; post-acute care support and maintenance services; revenue cycle management products and services, consulting and business management services, and managed information technology services; patient engagement and empowerment technology solutions; and system implementation and training services. It serves community hospitals and physician clinics, skilled nursing and assisted living facilities, and small specialty hospitals. Computer Programs and Systems, Inc. was founded in 1979 and is headquartered in Mobile, Alabama.
IPO Year: 2002
Exchange: NASDAQ
Website: cpsi.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/3/2024 | $12.00 | Equal Weight | Barclays |
| 8/15/2023 | $24.00 | Overweight | Cantor Fitzgerald |
| 4/12/2023 | $30.00 | Equal-Weight | Stephens |
| 3/4/2022 | $31.00 → $39.00 | Hold | Deutsche Bank |
| 3/3/2022 | $35.00 → $38.00 | Outperform | SVB Leerink |
| 2/16/2022 | $37.00 → $35.00 | Outperform | SVB Leerink |
| 12/9/2021 | $35.00 → $33.00 | Hold | Deutsche Bank |
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Financial Overview All comparisons are to the fourth quarter ended December 31, 2022, unless otherwise noted. Bookings of $26.0 million compared to $24.7 million Total revenue of $85.9 million compared to $83.2 million Revenue Cycle Management (RCM) revenue of $51.0 million compared to $45.7 million RCM revenue represented 60.7% of CPSI's total recurring revenue and 59.3% of CPSI's total revenue GAAP loss per diluted share of $(2.92) and non-GAAP earnings per diluted share of $0.36 Adjusted EBITDA of $12.0 million comp
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that it will release its financial results for the fourth quarter and year ended December 31, 2023, on Thursday, February 29, 2024, after the market closes. The Company will host a conference call at 4:30 p.m. Eastern Time that same day. The live broadcast of CPSI's conference call will be available online at the Company's website, www.cpsi.com. The 30-day online replay will be available approximately an hour following the conclusion of the live broadcast. About CPSI CPSI has over four decades of experience in connecting providers, patients and communities with innovative solutions that support both the clinical and fin
CPSI selects PointClickCare to support AHT customers with access to a best-in-class suite of products and solutions, and the most expansive care collaboration network PointClickCare Technologies, a leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey, today announced the acquisition of American HealthTech, Inc. (AHT), a subsidiary of Computer Programs and Systems, Inc. (NASDAQ:CPSI) and a leading provider of electronic health record (EHR) solutions and related services for the post-acute care market. CPSI, a community healthcare solutions company, announced the divestment of AHT and selec
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that the Company and PointClickCare, a leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights, have entered in a referral partnership whereby PointClickCare will exclusively refer TruBridge, revenue cycle management (RCM) solution, to their skilled nursing clients seeking outsourced RCM solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240116908516/en/ Chris Fowler, president and chief executive officer of CPSI, stated, "This exclusive referral partnership brings together two leaders with the similar goa
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that the Company has divested its subsidiary, American HealthTech, Inc. (AHT), a leading provider of electronic health record (EHR) solutions to the post-acute care market, to PointClickCare. Based in Toronto, Canada, PointClickCare is a leading healthcare technology platform serving long-term and post-acute care providers across North America. Chris Fowler, president and chief executive officer of CPSI, stated, "As part of our ongoing business transformation, we have made the decision to divest AHT and therefore discontinue development of the AHT product. We believe PointClickCare is an ideal partner for existing AHT cus
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that management will participate in the Stephens 2023 Annual Investment Conference to be held November 14-16, 2023, at The Grand Hyatt in Nashville, Tennessee. The fireside chat presentation by Chris Fowler, president and chief executive officer, will begin at approximately 8:00 a.m. Central Time on Thursday, November 16, 2023, and will be available to investors via a live audio webcast. A link to the broadcast can be found at the investor relations section of the Company's website www.cpsi.com. About CPSI CPSI has over four decades of experience in connecting providers, patients and communities with innovative soluti
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Overview All comparisons are to the quarter ended September 30, 2022, unless otherwise noted. Bookings of $16.2 million compared to $20.5 million Total revenue of $82.7 million compared to $82.8 million Revenue Cycle Management (RCM) revenue of $46.6 million compared to $46.9 million RCM revenue represented 58.2 % of CPSI's total recurring revenue and 56.3% of CPSI's total revenue GAAP net loss of $(3.6) million and non-GAAP net income of $6.3 million GAAP loss per diluted share of $(0.24) and non-GAAP earnings per d
CPSI (NASDAQ:CPSI), a community healthcare solutions company, today announced that it has appointed Vinay Bassi as Chief Financial Officer, effective January 1, 2024. The Company's current Chief Financial Officer, Matt Chambless, will remain as an advisor to the Company for a period of time following January 1, 2024, in order to support the transition from Mr. Chambless to Mr. Bassi. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231106790711/en/CPSI Appoints Vinay Bassi as New Chief Financial Officer (Photo: Business Wire) "We look forward to welcoming Vinay to CPSI in the new year," said Chris Fowler, Chief Executive Officer o
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that it will release its financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023, after the market closes. The Company will host a conference call at 4:30 p.m. Eastern Time that same day. The live broadcast of CPSI's conference call will be available online at the Company's website, www.cpsi.com. The 30-day online replay will be available approximately an hour following the conclusion of the live broadcast. About CPSI CPSI has over four decades of experience in connecting providers, patients and communities with innovative solutions that support both the clinical and financial si
CPSI (NASDAQ:CPSI), a community healthcare solutions company, today announced it has closed its acquisition of Viewgol, a provider of ambulatory revenue cycle management ("RCM") analytics and complementary outsourcing services. "Our acquisition of Viewgol rapidly accelerates our offshoring initiatives with more than 80% of its workforce based offshore today," said Chris Fowler, chief executive officer of CPSI. "The scalability of this direct offshore presence marks a critical step towards our priority: ensuring our RCM offerings remain affordable, profitable, and scalable by leveraging the global marketplace. Today, Viewgol provides RCM services and analytics software solutions to 38 cust
4 - TruBridge, Inc. (0001169445) (Issuer)
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Financial Overview All comparisons are to the fourth quarter ended December 31, 2022, unless otherwise noted. Bookings of $26.0 million compared to $24.7 million Total revenue of $85.9 million compared to $83.2 million Revenue Cycle Management (RCM) revenue of $51.0 million compared to $45.7 million RCM revenue represented 60.7% of CPSI's total recurring revenue and 59.3% of CPSI's total revenue GAAP loss per diluted share of $(2.92) and non-GAAP earnings per diluted share of $0.36 Adjusted EBITDA of $12.0 million comp
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that it will release its financial results for the fourth quarter and year ended December 31, 2023, on Thursday, February 29, 2024, after the market closes. The Company will host a conference call at 4:30 p.m. Eastern Time that same day. The live broadcast of CPSI's conference call will be available online at the Company's website, www.cpsi.com. The 30-day online replay will be available approximately an hour following the conclusion of the live broadcast. About CPSI CPSI has over four decades of experience in connecting providers, patients and communities with innovative solutions that support both the clinical and fin
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Overview All comparisons are to the quarter ended September 30, 2022, unless otherwise noted. Bookings of $16.2 million compared to $20.5 million Total revenue of $82.7 million compared to $82.8 million Revenue Cycle Management (RCM) revenue of $46.6 million compared to $46.9 million RCM revenue represented 58.2 % of CPSI's total recurring revenue and 56.3% of CPSI's total revenue GAAP net loss of $(3.6) million and non-GAAP net income of $6.3 million GAAP loss per diluted share of $(0.24) and non-GAAP earnings per d
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that it will release its financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023, after the market closes. The Company will host a conference call at 4:30 p.m. Eastern Time that same day. The live broadcast of CPSI's conference call will be available online at the Company's website, www.cpsi.com. The 30-day online replay will be available approximately an hour following the conclusion of the live broadcast. About CPSI CPSI has over four decades of experience in connecting providers, patients and communities with innovative solutions that support both the clinical and financial si
CPSI (NASDAQ:CPSI), a community healthcare solutions company, today announced it has closed its acquisition of Viewgol, a provider of ambulatory revenue cycle management ("RCM") analytics and complementary outsourcing services. "Our acquisition of Viewgol rapidly accelerates our offshoring initiatives with more than 80% of its workforce based offshore today," said Chris Fowler, chief executive officer of CPSI. "The scalability of this direct offshore presence marks a critical step towards our priority: ensuring our RCM offerings remain affordable, profitable, and scalable by leveraging the global marketplace. Today, Viewgol provides RCM services and analytics software solutions to 38 cust
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Overview All comparisons are to the quarter ended June 30, 2022, unless otherwise noted. Bookings of $21.9 million compared to $23.8 million Total revenue of $84.6 million compared to $82.7 million RCM revenue of $47.8 million compared to $46.8 million RCM revenue represented 58.2% of CPSI's total recurring revenue and 56.4% of CPSI's total revenue GAAP net loss of $(2.8) million and non-GAAP net income of $5.7 million GAAP loss per diluted share of $(0.20) and non-GAAP earnings per diluted share of $0.40 Adjusted EB
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Total revenue up 11% over first quarter 2022 TruBridge revenue cycle management (RCM) revenue grew by 20% compared to first quarter 2022 RCM revenue represented 59% of CPSI's total recurring revenue and 56% of CPSI's total revenue Continued success in both winning new clients and cross-selling RCM solution Acute care electronic health record (EHR) client retention rate (annualized) of 96.5% First Quarter 2023 Financial Overview All comparisons are to the quarter ended March 31, 2022, unless otherwise noted. Bookings of
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that it will release its financial results for the first quarter ended March 31, 2023, on Tuesday, May 9, 2023, before the market opens. The Company will host a conference call at 8:30 a.m. Eastern Time that same day. The live broadcast of CPSI's conference call will be available online at the Company's website, www.cpsi.com. The 30-day online replay will be available approximately an hour following the conclusion of the live broadcast. About CPSI CPSI is a leading provider of healthcare solutions and services for community hospitals, their clinics and post-acute care facilities. Founded in 1979, CPSI is the parent of
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced results for the fourth quarter and year ended December 31, 2022. Highlights include: Fourth quarter 2022 TruBridge revenue cycle management (RCM) revenue grew by 29% compared to fourth quarter 2021, now representing 98% recurring revenue and 55% of CPSI's total revenue Continued success in both winning new clients and cross-selling RCM solution Full year 2023 revenue guidance between $340 million and $350 million "2022 was an important building year for CPSI as we worked to leverage the well-established organization to drive innovation and growth for the years ahead," said Chris Fowler, chief executive officer of CP
CPSI (NASDAQ:CPSI), a community healthcare solutions company, today announced that it will release its financial results for the fourth quarter and year ended December 31, 2022, on Tuesday, February 14, 2023, after the market closes. The Company will host a conference call at 4:30 p.m. Eastern Time that same day. The live broadcast of CPSI's conference call will be available online at the Company's website, www.cpsi.com. The 30-day online replay will be available approximately an hour following the conclusion of the live broadcast. About CPSI CPSI is a leading provider of healthcare solutions and services for community hospitals, their clinics and post-acute care facilities. Founded in 1
Cantor Fitzgerald analyst Steven Halper reiterates CPSI (NASDAQ:CPSI) with a Overweight and maintains $24 price target.
CPSI (NASDAQ:CPSI) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings CPSI beat estimated earnings by 3.0%, reporting an EPS of $0.36 versus an estimate of $0.35. Revenue was up $2.64 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.03 which was followed by a 11.0% drop in the share price the next day. Here's a look at CPSI's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.42 0.58 0.70 0.58 EPS Actual 0.45 0.40 0.58 0.61 Revenue Estimate 85.10M 86.07M 84.63M 82.10M Revenue Actual 82.71M 84.62M 86.23M 83
CPSI (NASDAQ:CPSI) reported quarterly earnings of $0.360 per share which beat the analyst consensus estimate of $0.350 by 2.86 percent. The company reported quarterly sales of $85.868 million which beat the analyst consensus estimate of $85.262 million by 0.71 percent. This is a 3.18 percent increase over sales of $83.224 million the same period last year.
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CPSI (NASDAQ:CPSI) is set to give its latest quarterly earnings report on Thursday, 2024-02-29. Here's what investors need to know before the announcement. Analysts estimate that CPSI will report an earnings per share (EPS) of $0.35. CPSI bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.03, which was followed by a 11.46% drop in the share price the next day.
New Brand Reflects Company Commitment To Clear The Way For Care.
Barclays has decided to maintain its Equal-Weight rating of CPSI (NASDAQ:CPSI) and lower its price target from $12.00 to $10.00. Shares of CPSI are trading up 0.0% over the last 24 hours, at $9.78 per share. A move to $10.00 would account for a 2.25% increase from the current share price. About CPSI Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care
Barclays analyst Stephanie Davis maintains CPSI (NASDAQ:CPSI) with a Equal-Weight and lowers the price target from $12 to $10.
CPSI (NASDAQ:CPSI), a healthcare solutions company, today announced that the Company has divested its subsidiary, American HealthTech, Inc. (AHT), a leading provider of electronic health record (EHR) solutions to the post-acute care market, to PointClickCare. Based in Toronto, Canada, PointClickCare is a leading healthcare technology platform serving long-term and post-acute care providers across North America.Chris Fowler, president and chief executive officer of CPSI, stated, "As part of our ongoing business transformation, we have made the decision to divest AHT and therefore discontinue development of the AHT product. We believe PointClickCare is an ideal partner for existing AHT custome
8-K - TruBridge, Inc. (0001169445) (Filer)
8-K - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
8-K - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
8-K - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
8-K - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
8-K/A - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
10-Q - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
8-K - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
8-K - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
8-K - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Filer)
4 - TruBridge, Inc. (0001169445) (Issuer)
4 - TruBridge, Inc. (0001169445) (Issuer)
4 - TruBridge, Inc. (0001169445) (Issuer)
4 - TruBridge, Inc. (0001169445) (Issuer)
4 - TruBridge, Inc. (0001169445) (Issuer)
4 - TruBridge, Inc. (0001169445) (Issuer)
4 - TruBridge, Inc. (0001169445) (Issuer)
3 - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Issuer)
4 - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Issuer)
3 - COMPUTER PROGRAMS & SYSTEMS INC (0001169445) (Issuer)
Barclays initiated coverage of Computer Programs with a rating of Equal Weight and set a new price target of $12.00
Cantor Fitzgerald initiated coverage of Computer Programs with a rating of Overweight and set a new price target of $24.00
Stephens initiated coverage of Computer Programs with a rating of Equal-Weight and set a new price target of $30.00
Deutsche Bank reiterated coverage of CPSI with a rating of Hold and set a new price target of $39.00 from $31.00 previously
SVB Leerink reiterated coverage of CPSI with a rating of Outperform and set a new price target of $38.00 from $35.00 previously
SVB Leerink reiterated coverage of CPSI with a rating of Outperform and set a new price target of $35.00 from $37.00 previously
Deutsche Bank reiterated coverage of CPSI with a rating of Hold and set a new price target of $33.00 from $35.00 previously
Piper Sandler reiterated coverage of Computer Programs and Systems with a rating of Neutral and set a new price target of $30.00 from $27.00 previously
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CPSI selects PointClickCare to support AHT customers with access to a best-in-class suite of products and solutions, and the most expansive care collaboration network PointClickCare Technologies, a leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey, today announced the acquisition of American HealthTech, Inc. (AHT), a subsidiary of Computer Programs and Systems, Inc. (NASDAQ:CPSI) and a leading provider of electronic health record (EHR) solutions and related services for the post-acute care market. CPSI, a community healthcare solutions company, announced the divestment of AHT and selec
CPSI (NASDAQ:CPSI), a community healthcare solutions company, today announced that it has appointed Vinay Bassi as Chief Financial Officer, effective January 1, 2024. The Company's current Chief Financial Officer, Matt Chambless, will remain as an advisor to the Company for a period of time following January 1, 2024, in order to support the transition from Mr. Chambless to Mr. Bassi. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231106790711/en/CPSI Appoints Vinay Bassi as New Chief Financial Officer (Photo: Business Wire) "We look forward to welcoming Vinay to CPSI in the new year," said Chris Fowler, Chief Executive Officer o
Healthcare Solutions Leader Shares Strategic Leadership Updates Following Notable Quarterly Performance, Supporting Organizational Transformation and Solidifying Commitment to Improved Access to Care CPSI (NASDAQ:CPSI), a healthcare solutions company, is pleased to announce executive-level changes and three new strategic business unit appointments spanning the organization, including revenue cycle management (RCM), patient engagement, and the core electronic health records (EHR). The business unit leadership changes swiftly follow the appointment of President and Chief Executive Officer Chris Fowler. The talent changes support the larger organizational transformation beyond community hospi
CPSI (NASDAQ:CPSI), a healthcare solutions company ("CPSI" or the "Company"), today announced that Boyd Douglas will retire from his position as President and Chief Executive Officer of CPSI, effective June 30, 2022. The Company's Board of Directors has named Chris Fowler, the Company's Chief Operating Officer, as his successor. In connection with his retirement, Douglas will also resign from the Company's Board effective June 30, 2022, at which time Fowler will become a Director of CPSI. Douglas will continue to serve as a senior advisor to the Company until December 31, 2022, and he will work closely with Fowler during this leadership transition. This press release features multimedia. Vi