CPSI Launches New Solution at Annual User Conference
May 15 2017 - 9:00AM
Business Wire
CPSI (NASDAQ: CPSI), a community healthcare solutions company,
announced today that the Company has unveiled the Business
Intelligence Dashboard to more than 1,000 attendees at the 2017
CPSI Annual User Conference.
The Business Intelligence Dashboard is the newest offering from
TruBridge, a fully owned subsidiary of CPSI. CPSI and its family of
companies continue to collaborate with customers and key industry
experts to deliver on their commitment and vision to help customers
ensure the health and vitality of the communities they serve. The
Business Intelligence Dashboard is an example of this
collaboration.
“Offering our clients meaningful tools and solutions that are
developed with their input is paramount to our product strategy,”
said Boyd Douglas, president and chief executive officer of CPSI.
“This solution is a cornerstone of our population health solutions
that we will be introducing over the next two years.”
The Business Intelligence Dashboard incorporates several
features designed to streamline and optimize the user experience,
including:
- Customizable dashboards to better
evaluate organizational performance
- Drill down functionality to precisely
analyze financial, operational and clinical data
- Visually appealing and intuitive
dashboard that allows simple, effective evaluation of trends
- Easy access with complete EHR
integration
Pratt Regional Medical Center in Pratt, Kansas, is an active
pilot site utilizing the Business Intelligence Dashboard. Luke
Kumberg, network administrator for Pratt Regional Medical Center,
has been pleased with their experience, both in the development and
use of the Business Intelligence Dashboard.
“As one of six clients that has been involved in the development
process from the early stages, CPSI has shown us that they value
our partnership,” said Kumberg. "Having direct input at all stages
of development shows us how important our thoughts and needs are.
We are pleased with how quickly the Business Intelligence Dashboard
has evolved and look forward to incorporating the use of this new
business intelligence tool to help further shape data-driven
business decisions while improving the health of our
community.”
Douglas added, “Facilities like Pratt and our other client
partners have leaders that are truly forward-thinking. Their
insight and feedback has been invaluable in the development of the
Business Intelligence Dashboard. Working hand-in-hand with our
clients has shown us exactly what is needed, and we look forward to
building additional offerings.”
The Business Intelligence Dashboard is currently in its first
launch phase for Evident and Healthland clients, with the next
release planned in the next six to nine months for American
HealthTech clients in the post-acute market.
About CPSI
CPSI is a leading provider of healthcare solutions and services
for community hospitals plus other healthcare systems and
post-acute care facilities. Founded in 1979, CPSI is the parent of
four companies – Evident, LLC, TruBridge, LLC, Healthland
Inc., and American HealthTech, Inc. Our combined companies are
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 community
hospitals. TruBridge focuses on providing business, consulting, and
managed IT services along with their RCM product, Rycan, providing
revenue cycle management workflow and automation software to
hospitals, other healthcare systems, and skilled nursing
organizations. 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. 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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CPSITracey Schroeder, 251-639-8100Chief Marketing Officer
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