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Computer Programs & Systems Inc - CPSI STOCK NEWS

Welcome to our dedicated news page for Computer Programs & Systems (Ticker: CPSI), a resource for investors and traders seeking the latest updates and insights on Computer Programs & Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Computer Programs & Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Computer Programs & Systems's position in the market.

Rhea-AI Summary
CPSI rebrands as TruBridge, Inc., with a new ticker symbol TBRG on NASDAQ. The company aims to provide comprehensive healthcare solutions and extend its legacy of 45 years as a trusted partner. The rebranding signifies a strategic shift towards delivering more value to clients, shareholders, and communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.54%
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none
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Rhea-AI Summary
CPSI (NASDAQ: CPSI) reported strong financial results for Q4 and FY 2023, with revenue growth and positive adjusted EBITDA. The company announced a rebrand to TruBridge, reflecting its transformation and enhanced solutions. Despite challenges in 2023, CPSI sees opportunities for growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.72%
Tags
-
Rhea-AI Summary
CPSI (NASDAQ: CPSI) will release its Q4 and year-end 2023 financial results on February 29, 2024. A conference call will be held at 4:30 p.m. ET on the same day, with a live broadcast on cpsi.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.92%
Tags
conferences
News
Rhea-AI Summary
CPSI, a healthcare solutions company, rebrands to TruBridge, Inc. with a new ticker symbol TBRG. The rebranding aims to consolidate offerings, enhance market presence, and position for future growth. TruBridge focuses on delivering financial and clinical solutions, leveraging data-driven tools for efficiency and support. The company's commitment to bridging gaps in healthcare and empowering providers remains strong.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.92%
Tags
none
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Rhea-AI Summary
PointClickCare Technologies has acquired American HealthTech, Inc. from Computer Programs and Systems, Inc. (CPSI) to continue supporting AHT customers. CPSI has decided to divest AHT and discontinue its development. PointClickCare was chosen to take care of AHT’s customers and ensure their success. The acquisition aims to provide AHT customers with best-in-class solutions and access to PointClickCare’s industry-leading products. PointClickCare's integrated platform will deliver real-time, actionable insights at the point of care to facilitate seamless transitions and better post-discharge outcomes for AHT customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
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Rhea-AI Summary
CPSI (NASDAQ: CPSI) has entered into an exclusive referral partnership with PointClickCare, a leading healthcare technology platform, to provide TruBridge, a revenue cycle management solution, to their skilled nursing clients. This partnership aims to create more efficiencies for healthcare organizations, particularly skilled nursing facilities, by addressing staffing challenges and financial health management. The partnership follows CPSI's divestment of American HealthTech to PointClickCare, leveraging TruBridge's RCM team and HFMA Peer Reviewed services to serve PointClickCare's skilled nursing facility customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
partnership
Rhea-AI Summary
CPSI (NASDAQ: CPSI) has divested its subsidiary, American HealthTech, Inc. (AHT), to PointClickCare, a leading healthcare technology platform. The decision to divest AHT and discontinue its development is part of CPSI's ongoing business transformation. The transaction is expected to benefit post-acute care clients and support their objective to continue delivering high-quality care. CPSI remains committed to supporting providers with its RCM and EHR solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
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none
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Rhea-AI Summary
CPSI (NASDAQ: CPSI) announces participation in Stephens 2023 Annual Investment Conference, featuring a fireside chat presentation by Chris Fowler, president and CEO, accessible via live audio webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.46%
Tags
conferences
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Rhea-AI Summary
CPSI (NASDAQ: CPSI) announced Q3 2023 results, with $16.2M bookings, $82.7M total revenue, and $(3.6)M GAAP net loss. CEO Chris Fowler cited challenges but remains optimistic about RCM opportunity and recent acquisition of Viewgol.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.46%
Tags
Rhea-AI Summary
CPSI: Vinay Bassi Appointed New Chief Financial Officer, Transition from Matt Chambless. Chris Fowler, CEO, expresses excitement for Bassi's leadership and thanks Chambless for contributions. Bassi brings extensive finance experience from Nielsen Holdings plc and Avaya Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
management
Computer Programs & Systems Inc

Nasdaq:CPSI

CPSI Rankings

CPSI Stock Data

133.33M
13.50M
4.48%
91.66%
3.17%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
US
Mobile

About CPSI

cpsi is the leading provider of ehr systems to rural, community, and critical access hospitals. the cpsi ehr system provides complete integration of patient data across the healthcare delivery system resulting in improved care delivery and better patient outcomes.