Computer Programs and Systems, Inc. provides healthcare information technology (IT) solutions for rural and community hospitals and post-acute care facilities. With its January 2016 acquisition of Healthland Holding Inc. (HHI), the company is the parent of five companies, such as Evident, LLC (Evident); TruBridge, LLC (TruBridge); Healthland Inc. (Healthland); American HealthTech, Inc. (AHT); and Rycan Technologies, Inc. (Rycan). The company’s combined companies are focused on improving the health of the communities it serves, connecting healthcare communities for a patient care experience, and improving the financial operations of its customers. Evident provides electronic health record (EHR) solutions and services for rural and community hospitals, including those solutions previously sold under the CPSI name, as well as an expanded range of offerings specifically targeting rural and community healthcare organizations. TruBridge focuses exclusively on providing business management, consulting and managed IT services to rural and community healthcare organizations, regardless of their primary healthcare information solutions provider. Healthland provides integrated technology solutions and services to small rural and critical access hospitals. AHT provides financial and clinical technology solutions and services for post-acute care facilities. Rycan provides revenue cycle management workflow and automation software to hospitals, healthcare systems, and skilled nursing organizations. The combined company supports approximately 1,300 acute care facilities and approximately 3,300 post-acute care facilities with a geographically customer mix within the domestic rural and community healthcare market. The company has a limited presence in the international healthcare IT marketplace after completing a new system installation in the Caribbean nation of St. Maarten during 2014. The company’s target market includes rural and community hospitals with 300 or fewer acute care beds. Its primary focus within this defined target market is on hospitals with 100 or fewer acute care beds, which comprise approximately 95% of its hospital EHR customer base. In addition to its target market, it provides IT services to other entities in the healthcare industry, such as nursing homes, home health agencies and physician clinics. Strategy The company’s strategy is to position its services and solutions with rural and community healthcare providers so they are able to respond to these changes positively by enabling them to improve community health and connect providers and patients within the community and with other communities, while improving financial operations. Products and Services New Products During 2015, the company’s development efforts focused on the completion and release of an iPad application, Clinical Content, and IdentiReg. The iPad application provides users with access to its EHR system from Apple iOS devices. The initial focus is on providers, with the first function delivered through the app being access to its mobile rounding suite. This suite provides physicians with access to patient charts allowing for the review of patient information, vitals, medication lists, test results, problems and history. Additionally, it allows the providers to pend orders and set reminders for later tasks to be performed from a PC. Clinical Content works in conjunction with its existing Emergency Department suite, Multi-Disciplinary Documentation application and Thrive Provider EHR. This content provides structured specialty-specific patient care documentation using its managed entry methodology and content. The company’s new Content Services Department oversees the creation and maintenance of this, ensuring the product reflects on-going best practices. IdentiReg integrates biometric fingerprint scanners into the patient registration process. The application provides a means to positively identify individual patients and provides protection against identity theft and fraud. Development efforts in 2016 include meaningful use stage 3, CommonWell interoperability, and expansion of data analytics
computer programs & systems
(CPSI:Consolidated Issue Listed on NASDAQ Global Select )
6600 Wall Street
Mobile, AL 36695
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