Computer Programs and Systems, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 29, 2024 at 04:19 pm EST
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Computer Programs and Systems, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 84.37 million compared to USD 81.64 million a year ago. Revenue was USD 85.87 million compared to USD 83.22 million a year ago. Net loss was USD 42.47 million compared to net income of USD 2.52 million a year ago. Basic loss per share from continuing operations was USD 2.92 compared to basic earnings per share from continuing operations of USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 2.92 compared to diluted earnings per share from continuing operations of USD 0.17 a year ago.
For the full year, sales was USD 331.99 million compared to USD 319.69 million a year ago. Revenue was USD 339.44 million compared to USD 326.65 million a year ago. Net loss was USD 45.79 million compared to net income of USD 15.87 million a year ago. Basic loss per share from continuing operations was USD 3.15 compared to basic earnings per share from continuing operations of USD 1.08 a year ago. Diluted loss per share from continuing operations was USD 3.15 compared to diluted earnings per share from continuing operations of USD 1.08 a year ago.
TruBridge, Inc. is a provider of healthcare solutions and services for community hospitals, their clinics and other healthcare systems. The Company operates through three segments: RCM, HER and Patient Engagement. The RCM segment focuses on providing a complete revenue cycle management (RCM) solution for all care settings, regardless of their primary healthcare information solutions provider, along with business management, consulting, managed IT services, analytics and business intelligence. The EHR segment provides comprehensive acute care solutions and related services for community hospitals and their physician clinics. The Patient Engagement segment offers comprehensive patient engagement and empowerment technology solutions to improve patient outcomes and engagement strategies with care providers. Its wholly owned subsidiaries include Viewgol, LLC, iNetXperts, Corp. doing business as Get Real Health, Healthcare Resource Group, Inc. and Healthland Holding Inc.
TRUBRIDGE, INC. 
