Mississippi Hospital Selects Evident and Trubridge to Better Manage Patient Care and Improve Financial Operations
February 16 2021 - 10:00AM
Business Wire
CPSI (NASDAQ: CPSI), a community healthcare solutions company,
announced today that Trace Regional Hospital has selected the fully
integrated cloud-hosted Evident electronic health record (EHR)
solution, which includes both a clinical and a financial suite of
products, along with the Evident provider EHR to support improved
ambulatory care in its three affiliated clinics. In addition, Trace
Regional Hospital purchased Remittance Management, Eligibility
Verification and Medical Necessity Checking, part of the Revenue
Cycle Management (RCM) product suite offered through CPSI
subsidiary, TruBridge.
The 84-bed hospital, based in Houston, Mississippi, and part of
Sunlink Health Systems, provides both inpatient and outpatient care
services to its surrounding community. Prior to selecting Evident,
Trace Regional Hospital was running separate systems in its
hospital and clinics. Lack of system integration between these two
key care settings created inefficiencies for its clinical staff,
affecting interactions with patients at various points of care.
Once live, physicians and nurse practitioners will have access
to one complete patient record in both the clinic and hospital,
resulting in a better flow of information between care settings.
Additionally, the Evident system will improve efficiencies for
providers, with patient data that is more easily accessible and
aligned to specific workflows, fostering better decision making and
an overall improved patient care experience.
With TruBridge, integration with the Evident EHR will give the
business office at Trace Regional Hospital the ability to better
align care services to patient billing and insurance eligibility,
resulting in improved cash flow, greater speed of payment and
ultimately more efficient financial operations at its facility.
According to Sheila Brockman, chief executive officer at Trace
Regional Hospital, “It was time to better enable our clinics,
hospital, and business office staff with the tools they need to put
their best foot forward. With a total of nine providers and
certified nurse practitioners serving approximately 16,000
residents, it is critical to have advanced technology to
effectively manage the health of our community. We found that
capability – and more – with Evident and TruBridge.”
Trace Regional Hospital’s associated skilled nursing facility,
Floy Dyer Care & Rehabilitation Center, has also been a
long-term client of another CPSI company, American HealthTech,
utilizing its post-acute EHR.
According to Boyd Douglas, president and chief executive officer
of CPSI, “It is a privilege to help our customers advance
healthcare delivery across the entire care continuum for the
communities they serve. There is no better example than our
partnership with Trace Regional Hospital and the product innovation
delivered through the CPSI family of companies.”
About CPSI
CPSI is a leading provider of healthcare solutions and services
for community hospitals, their clinics and post-acute care
facilities. Founded in 1979, CPSI is the parent of four companies –
Evident, LLC, American HealthTech, Inc., TruBridge, LLC, and
iNetXperts, Corp. d/b/a Get Real Health. 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 clients. Evident provides
comprehensive EHR solutions for community hospitals and their
affiliated clinics. American HealthTech is one of the nation’s
largest providers of EHR solutions and services for post-acute care
facilities. TruBridge focuses on providing business, consulting and
managed IT services, along with its complete RCM solution, for all
care settings. Get Real Health focuses on solutions aimed at
improving patient engagement for individuals and healthcare
providers. 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,” “projects,” “targets,”
“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 the ability of Evident and TruBridge to
successfully partner with Trace Regional Hospital 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: risks related to the ability of Evident’s EHR solution to
create clinical efficiencies and improve decision-making and
TruBridge’s RCM solution to improve cash flow at Trace Regional
Hospital; the impact of COVID-19 and related economic disruptions
which have materially affected CPSI’s revenue and could materially
affect CPSI’s gross margin and income, as well as CPSI’s financial
position and/or liquidity; actions to be taken by CPSI in response
to the pandemic; the legal, regulatory and administrative
developments that occur at the federal, state and local levels;
potential disruptions, breaches, or other incidents affecting the
proper operation, availability, or security of CPSI’s or its
partners’ information systems, including unauthorized access to or
theft of patient, business associate, or other sensitive
information or inability to provide patient care because of system
unavailability; changes in revenues due to declining hospital
demand and deteriorating macroeconomic conditions (including
increases in uninsured and underinsured patients); potential
increased expenses related to labor or other expenditures; and the
impact of our substantial indebtedness and the ability to refinance
such indebtedness on acceptable terms or at all, as well as risks
associated with disruptions in the financial markets and the
business of financial institutions as the result of the COVID-19
pandemic which could impact us from a financial perspective.
Numerous other risks, uncertainties and other factors may cause
actual results to differ materially from those expressed in any
forward-looking statements. Such factors include risk factors
described from time to time in CPSI’s public releases and reports
filed with the Securities and Exchange Commission, including but
not limited to, CPSI’s most recent Annual Report on Form 10-K and
Quarterly Reports on Form 10‑Q. We also caution investors that the
forward-looking information described herein represents CPSI’s
outlook only as of this date, and CPSI undertakes no obligation to
update or revise any forward-looking statements to reflect events
or development after the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20210216005422/en/
Tracey Schroeder Chief Marketing Officer
Tracey.schroeder@cpsi.com (251) 639-8100
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