News & Events

CPSI Completes Acquisition of Healthland

For Immediate Release

CONTACT:
Boyd Douglas
President and Chief Executive Officer
(251) 639-8100

MOBILE, ALA. (January 8, 2016) – Computer Programs and Systems, Inc. (NASDAQ:CPSI), a leading provider of healthcare information solutions to rural and community hospitals, today announced that it has completed its acquisition of Healthland Holding Inc. and its affiliates, Healthland Inc., American HealthTech, Inc. and Rycan Technologies, Inc., for approximately $250 million. The combined company will support approximately 1,300 acute care facilities and over 3,300 post-acute care facilities, have annual revenues of $300 million, and have more than 1,900 employees.