Evident, TruBridge Solutions Selected by Kansas Hospital

Thursday, April 13, 2017

MCPHERSON, Kan.--(BUSINESS WIRE)-- Evident LLC and TruBridge LLC, subsidiaries of CPSI (NASDAQ:CPSI) and leading providers of healthcare solutions and services, today announced that McPherson Hospital in McPherson, Kansas, has selected the Evident Electronic Health Records (EHR) solution, Thrive, and the TruBridge revenue cycle solution, Accounts Receivable Management Service (ARMS), for its facility. McPherson Hospital is a 49-bed acute care facility that serves McPherson and the surrounding area.

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The ability to quickly and easily integrate the patient and business office records for both hospital and clinic was a key factor in the team’s decision at McPherson. Clinton Terry, director of information systems at McPherson Hospital, said, “Having shared, secure access to patient records across departments and clinics is important to us, especially when the result is a more efficient process for the patient.”

Terry explained that being able to work with one partner who can meet their business needs for both the EHR and business office requirements was a positive aspect. Additionally, the responsiveness and flexibility in which Evident can meet their unique needs made the decision easier. “The people and products at Evident were just what we were looking for at just the right time for us,” Terry commented. “As a small hospital, we appreciate that they are able to customize systems and processes that fit our needs.”

Boyd Douglas, president and chief executive officer of CPSI, the parent company of Evident, said, “Our partnership with McPherson Hospital will start with the implementation of our comprehensive set of Thrive EHR solutions. We will also implement our revenue cycle management solution from our TruBridge subsidiary that will help maximize reimbursement and increase productivity. We are deeply committed to community healthcare and look forward to supporting McPherson Hospital’s leaders and providers in their effort to improve the health and vitality of the local community.”

About Evident, LLC

Evident is a leading provider of patient centered and community focused electronic health record systems for more than 650 community hospitals and their 12,000 providers. As part of the CPSI family of companies, Evident is dedicated to meeting the ever-changing needs of health IT, while optimizing the quality of care for communities in the United States and Canada. Thrive, Evident's health information solution, is a complete information and patient care system from business office to bedside combined with comprehensive implementation and training services. Thrive offers a seamless user experience and advanced workflows that make it an integral part of delivering quality patient care. LikeMind, the Company's unique collaborative support model for Thrive, delivers proactive service from its staff of healthcare and business professionals who understand the challenges its customers face and share their dedication to quality healthcare. For more information, visit www.evident.com.

About TruBridge

TruBridge, a member of the CPSI family of companies 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 regardless of their IT vendor. For more 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," "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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