Computer Programs and Systems, Inc. Named to Forbes 200 Best Small Companies Listing for Second Consecutive Year
Posted on: Tuesday, 24 October 2006, 12:00 CDT
Computer Programs and Systems, Inc. (NASDAQ:CPSI), a leading provider of healthcare information solutions, today announced that it was ranked #62 in the recently published October 30th 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 a share price above $5.00, annual sales between $5 million and $750 million, three month average share volume above 10,000 or more per day, profit margin greater than 5% and positive sales and profit growth on average over the last five years and 12 months.
"We are very pleased to have been 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. "We view this acknowledgement as a confirmation of the hard work and dedication by all CPSI employees, and I want to thank all of them personally for helping to produce the results that qualified CPSI for this recognition."
About Computer Programs and Systems, Inc.
CPSI is a leading provider of healthcare information solutions for community hospitals with over 600 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 800 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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