Computer Programs and Systems, Inc. Named to Forbes 200 Best Small Companies Listing
Posted on: Monday, 27 October 2008, 18:00 CDT
Computer Programs and Systems, Inc. (NASDAQ: CPSI), a leading provider of healthcare information solutions, today announced that it was ranked #97 in the recently published October 27th 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,'" said Boyd Douglas, chief executive officer and president of CPSI. "Our inclusion on the list recognizes CPSI's record of continuous profitable growth and is a testament to our focus on executing our business model. I want to thank all of our employees for the hard work and dedication necessary to produce results worthy of this recognition."
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.
Source: Business Wire
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