Published:
Computer Programs and Systems, Inc. Named to Forbes 200 Best Small Companies Listing for Second Consecutive Year
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
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