MOBILE, Ala. - (Business Wire) Computer Programs and Systems, Inc. (NASDAQ: CPSI), a leading provider of healthcare information solutions, today announced that it was ranked #53 in the recently published October 14th issue of Forbes magazine listing “America’s 200 Best Small Companies.” Inclusion on the Forbes annual list requires companies to meet a series of financial benchmarks, including sales between $5 million and $750 million and a stock price of $5.00 as of September 29th. The ranking is based on return on equity, sales growth and profit growth over the past 12 months and also over five years. Forbes also compares the Company’s stock performance with that of its industry peers. “We are honored to be named to the Forbes list of ‘America’s 200 Best Small Companies” for the second consecutive year,” said Boyd Douglas, chief executive officer and president of CPSI. “This honor is a tribute to our employees and recognizes their contribution to the Company’s strong financial results despite the economic challenges that our country has faced recently. I am particularly grateful to our employees because their efforts have resulted not only in our being on the list again this year, but that we were able to move up from #97 last year to #53 this year.”
About Computer Programs and Systems, Inc.
CPSI is a leading provider of healthcare information solutions for community hospitals with over 640 client hospitals in 46 states. Founded in 1979, the Company is a single-source vendor providing comprehensive software and hardware products, complemented by complete installation services and extensive support. Its fully integrated, enterprise-wide system automates clinical and financial data management in each of the primary functional areas of a hospital. CPSI’s staff of over 700 technical, healthcare and medical professionals provides system implementation and continuing support services as part of a comprehensive program designed to respond to clients’ information needs in a constantly changing healthcare environment. For more information, visit www.cpsinet.com.
Computer Programs and Systems, Inc.
Darrell G. West
Vice President-Finance and Chief Financial Officer
251-639-8100
