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News Breaks
February 21, 2013
06:35 EDTCPSIComputer Programs initiated with a Neutral at B. Riley Caris
Target $55.
News For CPSI From The Last 14 Days
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November 30, 2015
08:57 EDTCPSIComputer Programs acquisition positive, says RBC Capital
After Computer Programs agreed to buy Healthland for $250M, RBC Capital says the deal "solidifies Computer Programs' position as the leader of the small hospital HCIT sector." The firm thinks that Computer Programs' revenue growth could accelerate to attractive levels in the medium term. It raised its price target on the name to $53 from $43 and keeps an Outperform rating.
November 25, 2015
14:47 EDTCPSIComputer Programs upgraded to Outperform from Neutral at Baird
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09:02 EDTCPSICPSI names David Dye chief growth officer
CPSI announced a series of changes that expand its management team, effective immediately. David Dye, in addition to continuing to serve as chairman of the board, has assumed the new role of chief growth officer of CPSI and will be focused on driving growth in all segments of CPSI's business. Chris Fowler, president of TruBridge, will assume the additional role of chief operating officer of CPSI and will be responsible for managing the integration of Healthland and CPSI. Matt Chambless, currently Director of Financial Reporting, is assuming the role of chief financial officer of CPSI. CPSI also announced that Chris Bauleke has agreed to stay on as president of Healthland.
09:00 EDTCPSICPSI to acquire Healthland for $250M
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