June 14, 2017
NORMAN, Okla.--(BUSINESS WIRE)--Jun. 14, 2017-- Evident LLC, a wholly owned subsidiary of CPSI (NASDAQ: CPSI) and a leading provider of electronic health record (EHR) systems and services, and J.D. McCarty Center for Children with Developmental Disabilities, a specialized pediatric rehabilitative hospital in Norman, Oklahoma, are pleased to announce the successful implementation of Thrive, Evident’s EHR solution.
The J.D. McCarty Center for Children with Developmental Disabilities selected Thrive for the clinical and financial management software, as well as consulting services from TruBridge, a member of the CPSI family of companies. The TruBridge services include secure cloud management of the hospital’s data and insurance eligibility verification.
The J.D. McCarty Center for Children with Developmental Disabilities is located on an 80-acre campus in Norman and is operated with funding from the State of Oklahoma. A staff of more than 200 professionals treats children with a wide range of developmental disabilities. There are six hospital units on the campus, all of which implemented the new EHR system.
Mike Powers, quality assessment performance improvement coordinator of J.D. McCarty Center, was impressed with the quality of the implementation process. Powers noted, “We really don’t see how this could have gone any better. The Evident team was key to what we all felt was a very positive implementation experience. This was one of the main reasons we selected Evident for our EHR. The experience, skills and collaborative approach that their people bring to the table are invaluable.
“We were concerned that having various locations dispersed over a large campus would complicate the implementation process. However, the Evident team was more than up to the task of keeping all of us aligned, informed and moving together through the go-live of the Thrive EHR system,” added Powers.
Boyd Douglas, president and chief executive officer of CPSI, said, “We are very proud of our talented teams and the accountability that they all demonstrate in delivering a positive experience for our clients. The leadership and commitment that J.D. McCarty demonstrated throughout the implementation process was a big factor in our success and a leading indicator of our continued partnership. We look forward to working together with the J.D. McCarty Center staff to support the important work they do for the children and families of Oklahoma.”
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.com or www.rycan.com.
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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Tracey Schroeder, 612-787-3125
Chief Marketing Officer