Texas-Based Hospital Returns to Evident for Comprehensive EHR Solution
November 20 2017 - 1:00PM
Business Wire
Evident LLC, a wholly owned subsidiary of CPSI (NASDAQ: CPSI)
and a leading provider of electronic health record (EHR) systems
and services, announced today that Iraan General Hospital (IGH), a
14-bed acute care facility located in Iraan, Texas, recently
returned to Thrive, Evident’s EHR solution, to replace their
existing EHR system. The Texas-based healthcare system will be live
on the entire suite of Evident solutions near the end of
December.
IGH made the decision to transition back to Evident for the
Thrive EHR system based on several factors. When they initially
moved away from Thrive, they thought they were getting a hospital
system that would have the same functionality they had with Thrive
while integrating with their existing clinic system. But after
making the switch, they encountered hospital billing issues and
were never able to fully convert to the new system because it was
unable to handle all of their service lines.
As the primary healthcare service provider for Iraan and the
other neighboring communities, local residents rely on a broad
range of healthcare services provided by IGH. Teresa Callahan,
chief executive officer and administrator of Iraan General
Hospital, noted that rural communities turn to their community
hospital and clinics for a myriad of services, and it is imperative
for them to have an all-encompassing EHR system that supports all
the care they provide – not just the clinic or standard in-patient
care.
“We have services, such as our respite care, that we were unable
to manage in the other EHR because there wasn’t a comparable
solution,” said Callahan. “Community hospitals like ours don’t have
the manpower to manage multiple systems, and it doesn’t support our
goal of managing and maintaining the patient chart across one
system. We made the choice to move back to Evident because it was
the best decision for our organization as a whole. The Thrive EHR
supports all the care settings and service offerings we provide to
our community.”
According to Callahan, the disconnect between the hospital
clinical side and business process flows in conjunction with
billing issues made moving back to Thrive an easy decision. For IGH
and similar facilities, it is critical to remain in control of
billing and cash collections to ensure financial health and
stability. The ability to integrate the revenue cycle from the
moment a patient checks in for their service is a must for
community hospitals like IGH.
Callahan added, “The hands-on guidance that IGH has received
from the Evident team in a very quick and thorough manner has
reassured us of the level of support and service we can expect. The
Evident team stepped up and has been there at every junction.”
“With a 35-year track record of success in communities across
the U.S., we understand the importance of healthcare IT to support
the care provided in multiple settings,” said Boyd Douglas,
president and chief executive officer of CPSI. “We are very pleased
that IGH has decided to return to CPSI and Evident, and we look
forward to furthering our partnership.”
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.
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. 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 potential 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; our ability to remediate a material weakness
in our internal control over financial reporting; 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/20171120005909/en/
CPSITracey Schroeder, 612-787-3125Chief Marketing
Officertracey.schroeder@cpsi.com
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