Computer Programs and Systems, Inc. (CPSI) Q1 2022 Results Earnings Conference Call May 4, 2022 4:30 PM ET Company Participants Dru Anderson - Investor Relations, Corporate Communications, Inc. Boyd Douglas - President and Chief Executive Officer Matt Chambless - Chief Financial Officer Chris Fowler - Chief Operating Officer and President, TruBridge David Dye - Chief Growth Officer Conference Call Participants Jeff Garro - Piper Sandler Joy Zhang - SVB Leerink LLC Operator Greetings and welcome to the CPSI ...

FOR THE FISCAL YEAR ENDED December 31, 2021 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Common Stock, par value $.001 per share CPSI The NASDAQ Stock Market LLC FOR THE TRANSITION PERIOD FROM TO . Commission file number: 000-49796 Title of each class Trading symbol Name of each exchange on wh ...

Computer Programs and Systems, Inc. (CPSI) Q4 2021 Earnings Conference Call February 15, 2022 4:30 PM ET Company Participants Dru Anderson - Senior Vice President, Corporate Communications Inc. Boyd Douglas - President & Chief Executive Officer Matt Chambless - Chief Financial Officer David Dye - Chief Growth Officer Chris Fowler - Chief Operating Officer Conference Call Participants Jeff Garro - Piper Sandler George Hill - Deutsche Bank Donald Hooker - KeyBanc Joy Zhang - SVB Leerink Operator Greetings, a ...

Financial Data and Key Metrics Changes - The third quarter saw total bookings of $29.3 million, the highest since 2017, representing a 77% increase from Q2 2021 and a 37% improvement over Q3 2020 [25] - Total revenue showed a 2% sequential increase and a 3% increase compared to Q3 2020, with recurring revenues reaching an all-time high of 91.3% of total revenues [28] - Adjusted EBITDA decreased by 14% sequentially but grew by 6% compared to Q3 2020, while non-GAAP net income decreased by 21% sequentially and 9% year-over-year [30] Business Line Data and Key Metrics Changes - TruBridge revenues increased by 24% year-over-year, with organic growth driven by improved patient volumes and new business wins [21] - System sales and support revenue saw a slight sequential decrease, with overall revenues down 12% compared to Q3 2020 due to a shift towards a greater SaaS mix [33] - TruBridge bookings for the quarter reached $13.1 million, more than doubling bookings from Q2 2021 and 68% higher than Q3 2020 [27] Market Data and Key Metrics Changes - The sales environment improved significantly, leading to explosive bookings growth, particularly for Get Real Health's patient engagement solutions [20] - The company reported that 100% of net new hospital EHR contract signings in 2021 have been SaaS, compared to an average of around 50% in 2019 and 2020 [26] - The retention rate for EHR clients remained above 95% year-to-date, indicating strong client loyalty [13][52] Company Strategy and Development Direction - The company is focused on a three-year growth strategy that emphasizes a shift towards a more SaaS-oriented business model, aiming for long-term shareholder value through recurring revenues [12][23] - The acquisition of TruCode is expected to deliver value as planned, contributing to both top and bottom lines [17] - The company is investing heavily in talent and technology to expand offerings and enhance client insights [11] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the ongoing challenges posed by the pandemic, particularly regarding labor pressures in rural hospitals [60] - The company expressed optimism about future growth driven by digital innovation and the evolving market around patient engagement [17] - Management expects the trend of SaaS deals to continue, with all new hospital EHR implementations in Q4 2021 expected to be in a cloud or SaaS environment [34][46] Other Important Information - The company experienced a significant increase in operating cash flows, although Q3 marked the lowest point since Q2 2016 due to working capital consumption [39] - The effective tax rate for the quarter increased to 28%, driven by provision to return adjustments [38] - The company did not repurchase any shares during the quarter, indicating a focus on capital flexibility for future opportunities [45] Q&A Session Summary Question: Get Real Health bookings and expansion in Europe - Management clarified that the Netherlands deal was an expansion of an existing relationship, with significant future booking opportunities anticipated [49][50] Question: Competitive environment and pricing power - Management noted improved pricing power and a favorable competitive environment, particularly with the absence of certain competitors [55] Question: Labor pressures in rural hospitals - Management indicated that rural hospitals face greater labor challenges due to their smaller workforce, impacting operational capabilities [61] Question: Impact of COVID on demand normalization - Management acknowledged that part of the third quarter's success was due to pent-up demand from earlier in the year, with a positive outlook for the pipeline [65] Question: Subscription revenue expectations - Management reported a nearly 50% increase in SaaS EHR subscription revenues compared to Q3 last year, with a 100% SaaS mix for new hospital EHR deals in 2021 [74] Question: Margin expansion expectations - Management indicated that margin expansion may not be linear due to the ongoing transition to SaaS, with potential headwinds expected in the near term [78]

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-49796 COMPUTER PROGRAMS AND SYSTEMS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 (Exact Name of Registrant as Specified in Its Charter) Delaware 74-3032373 (State or Other Juri ...

CONTACT Tracey Schroeder Chief Marketing Officer Tracey.schroeder@cpsi.com (251) 639-8100 CPSI ANNOUNCES SECOND QUARTER 2021 RESULTS Highlights for Second Quarter 2021: MOBILE, ALA. (August 3, 2021) – CPSI (NASDAQ: CPSI), a community healthcare solutions company, today announced results for the quarter ended June 30, 2021. Total revenues for the quarter ended June 30, 2021, were $68.5 million, compared with total revenues of $59.5 million for the prior-year second quarter. GAAP net income for the quarter en ...

Computer Programs and Systems, Inc. (CPSI) Q2 2021 Earnings Conference Call August 3, 2021 4:30 PM ET Company Participants Dru Anderson - Corporate Communications John Douglas - President, CEO & Director Matt Chambless - CFO, Secretary & Treasurer Christopher Fowler - COO David Dye - Chief Growth Officer & Director Conference Call Participants Jeffrey Garro - Piper Sandler & Co. Steven Halper - Cantor Fitzgerald & Co. Yueli Zhang - SVB Leerink Operator Greetings, and welcome to CPSI Second Quarter 2021 Earn ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-49796 COMPUTER PROGRAMS AND SYSTEMS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 74-3032373 (State or Other Jurisdict ...

Computer Programs and Systems, Inc. (CPSI) Q1 2021 Results Conference Call May 11, 2021 9:00 AM ET Company Participants Drew Anderson - Investor Relations Boyd Douglas - President and Chief Executive Officer Matthew Chambless - Chief Financial Officer David Dye - Chief Growth Officer Conference Call Participants Donald Hooker - KeyBanc Capital Markets Joy Zhang - SVB Leerink Gene Mannheimer - Dougherty and Company Operator Greetings, and welcome to the CPSI First Quarter 2021 Earnings Conference Call. At th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (Address of Principal Executive Offices) (Zip Code) Delaware 74-3032373 (I.R.S. Employer Identification No.) (251) 639-8100 (Registrant's Telephone Number, Including Are ...