Alabama Hospital Chooses TruBridge RCM Product
February 18 2021 - 11:00AM
Business Wire
Jackson Hospital and Clinic Selects TruBridge RCM Suite to Help
Improve Financial Performance
TruBridge LLC, a subsidiary of CPSI (NASDAQ: CPSI), a healthcare
solutions company, announced today that Jackson Hospital and Clinic
has selected the TruBridge Revenue Cycle Management (RCM) suite of
products for its organization. Jackson Hospital is a 344 bed,
community not-for-profit hospital, serving Montgomery and the
Central Alabama River Region.
Jackson Hospital is excited about its partnership with
TruBridge, which will help the hospital fulfill its mission to
provide cost-effective care to all members of its community. The
TruBridge revenue cycle technology will allow the hospital to
recognize and improve payer opportunities, resulting in a more
efficient process. Additionally, the analytics and reporting
capabilities in the RCM solution will allow Jackson Hospital to
monitor progress daily.
“We look forward to using their integrated suite of products to
improve our overall financial performance. Specifically, we are
eager to leverage components to support a robust denial management
and contract management program. This will allow us to validate our
payments from payers to ensure we are paid the correct fees for the
services that we have provided,” said David Ralston, vice president
of revenue cycle at Jackson Hospital.
Chris Fowler, president of TruBridge, said, “Helping healthcare
organizations like Jackson Hospital transform their financial
results through our modern revenue cycle software is something all
of us at TruBridge are passionate about. We understand a
financially healthy organization is better able to care for its
community.”
About TruBridge
TruBridge, a member of the CPSI family of companies, provides
business and consulting services, and an end-to-end Revenue Cycle
Management (RCM) solution. With our arsenal of RCM offerings that
include a HFMA Peer Reviewed® product and an HMFA Peer Reviewed®
complete outsourcing service, TruBridge helps hospitals, physician
clinics, and skilled nursing organizations of all sizes become more
efficient at serving their communities. For further information
visit www.trubridge.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 TruBridge to successfully
partner with Jackson 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 TruBridge’s RCM solution to improve billing processes and
financial reporting at Jackson 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/20210218005671/en/
Tracey Schroeder 612-787-3125 Chief Marketing Officer
tracey.schroeder@cpsi.com
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