CPSI Names William J. Hayes, M.D., Medical Director
October 13 2016 - 9:00AM
Business Wire
Appointment is a Signal of CPSI’s Commitment
to Physician Adoption of Healthcare Information Technology in Small
and Rural Communities
CPSI (NASDAQ: CPSI), a leading provider of healthcare
information solutions, today announced that William J. Hayes, M.D.
has joined the Company as a Medical Director with its Physician
Adoption team.
As part of the Physician Adoption team, Dr. Hayes will focus on
improving the user experience rural providers have with all CPSI
solutions. He will work with fellow CPSI Medical Director, Ron
Louks, MD and MBA, collaborating with physicians across the CPSI
family of companies. Leveraging existing client channels such as
the CPSI Physician Council, Early Adopter and Pilot programs, the
Physician Adoption team is focused on ensuring clinical solutions
are aligned to meet their needs and preferences when it comes to
workflows, training, and education specific to physicians.
“Bill Hayes brings additional experience to our organization and
to our focused efforts to align our products and services with the
unique needs of rural physicians,” said Boyd Douglas, president and
chief executive officer of CPSI. “Physician Adoption is critical to
the success of community healthcare. Representing the interests of
our client physicians and consulting directly with them will be an
important role for Dr. Hayes.”
Anticipating his new role, Dr. Hayes said, “I am looking forward
to working with CPSI and Dr. Louks as an advocate for physicians
who are dedicated to improving population health in their
communities. I am proud to be representing the voices of thousands
of physicians. I think we can make real progress by addressing the
unique challenges in rural America and making it easier for
physicians to do what they do best, which is keeping their patients
healthy.”
In addition to his M.D. from Rutgers University’s Robert Wood
Johnson Medical School, Dr. Hayes completed his MBA from the
Mitchell College of Business at the University of South Alabama. He
has also been a Fellow of the American College of Cardiology. Dr.
Hayes’ most recent experience has been as a Physician Executive
with Cerner Corporation in Kansas City, Medical Director of
Cardiovascular Diagnostic Services for Internal Medicine Center in
Mobile, as well as an Executive Physician Consultant for Eclipsys
Corporation of Atlanta. He has held several other executive
positions and was a partner/owner of Cardiology Associates PC of
Mobile, where he practiced cardiology and critical care medicine at
five hospitals. He was previously a Chief Cardiology Fellow at
Texas Heart Institute.
About CPSI
CPSI is a leading provider of healthcare IT solutions and
services for rural and community hospitals and post-acute care
facilities. Founded in 1979, CPSI is the parent of five companies –
Evident, LLC, TruBridge, LLC, Healthland Inc., American HealthTech,
Inc., and Rycan Technologies, Inc. Our combined company is focused
on helping improve the health of the communities we serve,
connecting communities for a better patient care experience, and
improving the financial operations of our customers. Evident
provides comprehensive EHR solutions and services for rural and
community hospitals. TruBridge focuses exclusively on providing
business management, consulting and managed IT services to rural
and community healthcare organizations, regardless of their IT
vendor. Healthland provides integrated technology solutions and
services to small rural and critical access hospitals. American
HealthTech is one of the nation's largest providers of financial
and clinical technology solutions and services for post-acute care
facilities. Rycan provides revenue cycle management and workflow
and automation software to hospitals, healthcare systems, and
skilled nursing organizations. For more information, visit
www.cpsi.com, www.evident.com, www.trubridge.com,
www.healthland.com, www.healthtech.net or www.rycan.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified generally by the use of
forward-looking terminology and words such as "expects,"
"anticipates," "estimates," "believes," "predicts," "intends,"
"plans," "potential," "may," "continue," "should," "will" and words
of comparable meaning. Without limiting the generality of the
preceding statement, all statements in this press release relating
to estimated and projected earnings, margins, costs, expenditures,
cash flows, growth rates and future financial results are
forward-looking statements. We caution investors that any such
forward-looking statements are only predictions and are not
guarantees of future performance. Certain risks, uncertainties and
other factors may cause actual results to differ materially from
those projected in the forward-looking statements. Such factors may
include: overall business and economic conditions affecting the
healthcare industry, including the potential effects of the federal
healthcare reform legislation enacted in 2010, and implementing
regulations, on the businesses of our hospital customers;
government regulation of our products and services and the
healthcare and health insurance industries, including changes in
healthcare policy
affecting Medicare and Medicaid reimbursement
rates and qualifying technological standards; changes in customer
purchasing priorities, capital expenditures and demand for
information technology systems; saturation of our target market and
hospital consolidations; general economic conditions, including
changes in the financial and credit markets that may affect the
availability and cost of credit to us or our customers; our
substantial indebtedness, and our ability to incur additional
indebtedness in the future; our inability to generate sufficient
cash in order to meet our debt service obligations; restrictions on
our current and future operations because of the terms of our
senior secured credit facilities; market risks related to interest
rate changes; our ability to successfully integrate the businesses
of Healthland, American HealthTech and Rycan with our business and
the inherent risks associated with any potential future
acquisitions; competition with companies that have greater
financial, technical and marketing resources than we have; failure
to develop new or enhance current technology and products in
response to market demands; failure of our products to function
properly resulting in claims for losses; breaches of security and
viruses in our systems resulting in customer claims against us and
harm to our reputation; failure to maintain customer satisfaction
through new product releases or enhancements free of undetected
errors or problems; interruptions in our power supply and/or
telecommunications capabilities, including those caused by natural
disaster; our ability to attract and retain qualified customer
service and support personnel; failure to properly manage growth in
new markets we may enter; misappropriation of our intellectual
property rights and potential intellectual property claims and
litigation against us; changes in accounting principles generally
accepted in the United States; fluctuations in quarterly
financial performance due to, among other factors, timing of
customer installations; and other risk factors described from time
to time in our public releases and reports filed with
the Securities and Exchange Commission, including, but not
limited to, our most recent Annual Report on Form 10-K. We also
caution investors that the forward-looking information described
herein represents our outlook only as of this date, and we
undertake no obligation to update or revise any forward-looking
statements to reflect events or developments after the date of this
press release.
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version on businesswire.com: http://www.businesswire.com/news/home/20161013005228/en/
CPSITracey Schroeder, 612-787-3125Chief Marketing
Officertracey.schroeder@cpsi.com
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