Computer Programs and Systems, Inc. EMR System Users Are among First Hospitals to Receive Stimulus Funds

MOBILE, Ala.--(BUSINESS WIRE)-- Computer Programs and Systems, Inc. (NASDAQ: CPSI), a leading provider of healthcare information solutions, is pleased to announce that Shelby Memorial Hospital, Shelbyville, Illinois, and Evergreen Medical Center, Evergreen, Alabama, both of which utilize the CPSI EMR system, are among the first hospitals to receive a Medicare electronic health record (EHR) adoption incentive payment under the American Recovery and Reinvestment Act (ARRA). The facilities received payments today of over $1.4 million each in stimulus funds made available under the Act which promotes adoption of EHRs by hospitals and providers. In order to qualify for funds under the program, hospitals must first submit an attestation to being users of an EMR system certified to support the Stage One “Meaningful Use” objectives required under the ARRA and then provide reporting over a 90-day period that confirms the utilization of their EMR system is within the parameters required. The CPSI EMR System, Version 17, was certified as a Complete EHR by CCHIT, an ONC Authorized Testing and Certification Body, in November of 2010.

The hospitals are pleased that their partnership with CPSI has supported their efforts in advancing the use of EHRs in their facilities, resulting in the payment of stimulus funds.

“Our administration couldn’t have imagined this type of return on our investment when we bought the CPSI system in 1998,” said Shelby Chief Financial Officer, Phil Miller. “From the beginning of our implementation of their EMR system, CPSI has provided us with an advanced clinical IT system that enables us to stay ahead of the demands to achieve higher levels of IT utilization in caring for our patients. It is reassuring to work with a vendor who has continually demonstrated a long-term commitment to their clients, and we are certainly thrilled with this most recent result of our joint efforts.”

Evergreen Medical Center Director of Information Technology Tommy Sheehan commented, “CPSI’s integrated EMR and their dedication to ensuring that it provides the functionality necessary to meet the Meaningful Use criteria were unquestionably key to our receiving the payment. However, their support and guidance of our efforts in preparing for attestation and during our reporting period have been just as important to meeting our goal of receiving incentive payments as quickly as possible.”

“We are no doubt very pleased that Shelby Memorial Hospital and Evergreen Medical Center are among the first hospitals to receive Medicare incentive payments and certainly want to offer them our congratulations on this achievement,” said Boyd Douglas, President and Chief Executive Officer of CPSI. “But this is just the beginning. We have many more customers that have submitted their attestations and are at various stages in their 90-day reporting period. We expect them to be receiving their payments in the coming days. Of course, our commitment to our clients goes well beyond the Stage One objectives. This accomplishment just gives further assurance that they can be completely confident in achieving the same success in meeting Stage Two and Stage Three objectives, when required.”

About Computer Programs and Systems, Inc.

CPSI is a leading provider of healthcare information solutions for community hospitals with over 650 client hospitals in 46 states and the District of Columbia. 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 1,000 technical, healthcare, medical and business 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.



CONTACT:

Computer Programs and Systems, Inc.
Boyd Douglas, 251-639-8100
President and Chief Executive Officer

KEYWORDS:   United States  North America  Alabama  Illinois

INDUSTRY KEYWORDS:   Technology  Data Management  Hardware  Software  Practice Management  Health  Other Health

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