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Computer Programs Systems In
Computer Programs & Systems, Inc. (CPSI) is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol CPSI. Here are some general details about the company:
**Overview**: Computer Programs & Systems, Inc. is a healthcare technology company that provides clinical, financial, and operational solutions to healthcare providers. The company's solutions are designed to help hospitals, clinics, and other healthcare organizations manage their operations, improve patient care, and reduce costs.
**History**: CPSI was founded in 1979 and has since become one of the largest healthcare technology companies in the United States. The company has a long history of innovation, with many of its solutions having been developed in-house by its talented team of software engineers and healthcare professionals.
**Revenue and Growth**: CPSI generates revenue primarily through the sale of its software solutions and services to healthcare providers. In recent years, the company has experienced consistent revenue growth, driven by the demand for healthcare technology solutions. According to its most recent annual report, CPSI recorded revenue of $219.8 million in 2020, up from $206.1 million in 2019.
**Stock Performance**: CPSI's stock has been relatively stable over the past few years, with the company's share price fluctuating between $15 and $25 per share. On a 1-year basis, the company's stock has returned around 10%, slightly underperforming the broader market.
**Analysts' Estimates**: Analysts have a generally positive outlook on CPSI's stock, with the average target price set at around $23 per share. The company has a market capitalization of approximately $450 million, making it a mid-cap stock.
**Key Products and Services**: CPSI's product suite includes a range of solutions designed to meet the needs of healthcare providers, including:
1. MediTouch: A comprehensive electronic health record (EHR) solution that enables healthcare providers to manage patient care and share information electronically.
2. RIS-PACS: A radiology information system (RIS) and picture archiving and communication system (PACS) that helps healthcare providers manage medical images and patient data.
3. PatientFlow: A patient flow solution that helps healthcare providers manage patient flow, scheduling, and bed management.
4. Medical Billing: A medical billing solution that helps healthcare providers manage their billing and revenue cycle processes.
**Competitors**: CPSI operates in a competitive market, competing with other healthcare technology companies such as Cerner Corporation, Epic Systems, and Athenahealth.
**Recent Developments**: In recent years, CPSI has made several strategic acquisitions to expand its product offerings and capabilities. The company has also invested heavily in its cloud-based solutions and artificial intelligence (AI) technology to improve its products and services.
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