J.D. McCarty Center Says Technology Solutions Will Aid Patient Care and Financial Management
NORMAN, Okla.--(BUSINESS WIRE)--Jan. 5, 2017-- Evident LLC, a wholly owned subsidiary of CPSI (NASDAQ:CPSI) and a leading provider of electronic health record (EHR) systems and services, and J.D. McCarty Center, a specialized pediatric rehabilitative hospital in Norman, Oklahoma, jointly announce that the hospital has chosen Evident’s EHR solution.
The J.D. McCarty Center for Children with Developmental Disabilities, located on an 80-acre campus in Norman, is operated with funding from the State of Oklahoma. A staff of more than 200 treats children with a large range of developmental disabilities. There are six hospital units on the campus, all of which will implement the new EHR system.
In addition to the clinical and financial management software from the Evident EHR solution, the hospital will employ services from TruBridge, a member of the CPSI family of healthcare information companies, including secure cloud management of the hospital’s data and the management of insurance remittance, eligibility and other tracking functions associated with revenue cycle management.
Vicki Kuestersteffen, director and chief executive officer of J.D. McCarty Center, said, “This partnership allows us to employ a fully integrated set of technology solutions across our hospital care setting. The technology will be crucial for us as we seek to constantly improve the quality and outcomes of the care we provide every day to Oklahoma’s children with special needs, plus sharpen our financial management and operations.
“In addition to the quality of Evident’s EHR solutions, their superior implementation program, thoughtfulness in their approach and continuous support were important factors in the hospital’s choice following a thorough competitive review,” added Kuestersteffen.
Boyd Douglas, president and chief executive officer of CPSI, said, “We are honored to be working in partnership with the J.D. McCarty Center, which is a national leader in delivering medical and therapeutic care utilizing a wide range of interventions to children.
“This combination of technology solutions from our family of HCIT companies demonstrates our expanding capability to deliver a tailored and comprehensive set of solutions for J.D. McCarty Center’s important work, as well as for other healthcare organizations,” added Douglas.
CPSI is a leading provider of healthcare solutions and services for community hospitals plus other healthcare systems and post-acute care facilities. Founded in 1979, CPSI is the parent of four companies – Evident, LLC, TruBridge, LLC, Healthland Inc., and American HealthTech, Inc. Our combined companies are focused on helping improve the health of the communities we serve, connecting communities for a better patient care experience, and improving the financial operations of our customers. Evident provides comprehensive EHR solutions and services for community hospitals. TruBridge focuses on providing business, consulting, and managed IT services along with their RCM product Rycan, providing revenue cycle management workflow and automation software to hospitals, other healthcare systems, and skilled nursing organizations. Healthland provides integrated technology solutions and services to small rural and critical access hospitals. American HealthTech is one of the nation’s largest providers of financial and clinical technology solutions and services for post-acute care facilities. For more information, visit www.cpsi.com, www.evident.com, www.trubridge.com, www.healthland.com, www.healthtech.net or www.rycan.com.
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified generally by the use of forward-looking terminology and words such as “expects,” “anticipates,” “estimates,” “believes,” “predicts,” “intends,” “plans,” “potential,” “may,” “continue,” “should,” “will” and words of comparable meaning. Without limiting the generality of the preceding statement, all statements in this press release relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and future financial results are forward-looking statements. We caution investors that any such forward-looking statements are only predictions and are not guarantees of future performance. Certain risks, uncertainties and other factors may cause actual results to differ materially from those projected in the forward-looking statements. Such factors may include: overall business and economic conditions affecting the healthcare industry, including the potential effects of the federal healthcare reform legislation enacted in 2010, and implementing regulations, on the businesses of our hospital customers; government regulation of our products and services and the healthcare and health insurance industries, including changes in healthcare policy affecting Medicare and Medicaid reimbursement rates and qualifying technological standards; changes in customer purchasing priorities, capital expenditures and demand for information technology systems; saturation of our target market and hospital consolidations; general economic conditions, including changes in the financial and credit markets that may affect the availability and cost of credit to us or our customers; our substantial indebtedness, and our ability to incur additional indebtedness in the future; our inability to generate sufficient cash in order to meet our debt service obligations; restrictions on our current and future operations because of the terms of our senior secured credit facilities; market risks related to interest rate changes; our ability to successfully integrate the businesses of Healthland, American HealthTech and Rycan with our business and the inherent risks associated with any potential future acquisitions; competition with companies that have greater financial, technical and marketing resources than we have; failure to develop new or enhance current technology and products in response to market demands; failure of our products to function properly resulting in claims for losses; breaches of security and viruses in our systems resulting in customer claims against us and harm to our reputation; failure to maintain customer satisfaction through new product releases or enhancements free of undetected errors or problems; interruptions in our power supply and/or telecommunications capabilities, including those caused by natural disaster; our ability to attract and retain qualified customer service and support personnel; failure to properly manage growth in new markets we may enter; misappropriation of our intellectual property rights and potential intellectual property claims and litigation against us; changes in accounting principles generally accepted in the United States; fluctuations in quarterly financial performance due to, among other factors, timing of customer installations; and other risk factors described from time to time in our public releases and reports filed with the Securities and Exchange Commission, including, but not limited to, our most recent Annual Report on Form 10-K. We also caution investors that the forward-looking information described herein represents our outlook only as of this date, and we undertake no obligation to update or revise any forward-looking statements to reflect events or developments after the date of this press release.
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Tracey Schroeder, 612-787-3125
Chief Marketing Officer