CPSI 2017 Annual Report

COMPANY PROFILE CPSI is a leading provider of healthcare solutions and services for community hospitals 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 and their affiliated clinics. TruBridge focuses on providing business, consulting and managed IT services along with its complete RCM solution for all care settings. 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 . ANNUAL MEETING The annual meeting of stockholders will be held April 30, 2018, at 8:00 a.m. Central Time, at The Battle House Renaissance Mobile Hotel & Spa, 26 North Royal Street, Mobile, Alabama. FINANCIAL HIGHLIGHTS Year Ended December 31, (In thousands, except per share data) 2017 2016 Total sales revenue $ 276,927 $ 267,272 Total cost of sales 125,630 130,012 Gross profit 151,297 137,260 Total operating expenses 156,111 122,885 Operating income (4,814) 14,375 Total other income (expense) (8,669) (6,389) Income (loss) before income taxes (13,483) 7,986 Provision for income taxes 3,933 4,053 Net income (loss) $ (17,416) $ 3,933 Net income (loss) per share – basic and diluted $ (1.27) $ 0.29 Weighted average shares outstanding: Basic 13,419 13,255 Diluted 13,419 13,255 13 14 15 16 17 13 14 15 16 17 13 14 15 16 17 $182,174 $204,742 $200,863 $267,272 $276,927 Diluted Earnings Per Share $0.29 $2.95 $2.94 $2.95 ($1.27) Net Income ($ in thousands) $18,343 $32,920 $32,743 ($7,416) $3,933 Revenues ($ in thousands)

RkJQdWJsaXNoZXIy NTIzOTM0