Curahealth Hospitals & Cobalt Rehabilitation Extend Evident EHR & Trubridge RCM Services Across New Facilities as Part of Gro...
February 03 2021 - 3:51PM
Business Wire
Evident, LLC, a wholly-owned subsidiary of CPSI (NASDAQ: CPSI)
and a leading provider of electronic health record (EHR) systems
and related services, today announced that Texas-based Curahealth
Hospitals and Cobalt Rehabilitation, long-standing clients of
Evident, have selected the Evident EHR along with collection
services offered through its sister company, TruBridge, for three
new rehabilitation facilities located in Denver, Colorado; West
Houston, Texas; and San Antonio, Texas.
Together, Curahealth Hospitals and Cobalt Rehabilitation provide
long-term acute care (LTAC) and inpatient rehabilitation services
to communities in 12 states. With the addition of these three new
facilities, the Evident EHR and revenue cycle services from
Trubridge will now be running in a total of nine rehabilitation
facilities across the United States, with plans for future
growth.
By leveraging an integrated EHR system across clinical and
financial operations, these facilities will benefit from better
alignment of services delivered at the point of care with patient
billing. In addition, the TruBridge Collection services, including
proactively working with late accounts and setting up payment
arrangements, can result in an increase of private pay cash by as
much as 37 percent, helping to increase revenue and improve overall
business operations. Greater accuracy and patient-data capture
across care settings including vitals, allergies and pre-existing
conditions, will help improve care and patient outcomes for the
communities Curahealth and Cobalt serve.
According to Jeff Crawford, chief development officer and vice
president of rehab operations for Curahealth Hospitals and Cobalt
Rehabilitation, the ongoing partnership with Evident and TruBridge
has provided more consistency and confidence, which are essential
in healthcare. “There are tremendous benefits to using one EHR
across many of our rehabilitation facilities, for both our staff
and our patients. As we bring on new facilities, having one partner
also offers efficiencies and familiarity, which helps with training
and overall system adoption.”
“It’s exciting to partner with an organization that continues to
grow,” said Boyd Douglas, president and chief executive officer of
CPSI. “Our long-standing partnership is a testament to the impact
that our EHR and complimentary RCM services have on patient care
and the business of healthcare, which is more important than ever
considering the challenges put forth by COVID-19. We continue to do
our part by offering market-leading technology that brings
excellence to the communities served by Curahealth Hospitals and
Cobalt Rehabilitation.”
About Evident
Evident, a member of the CPSI family of companies, recognizes
the challenges hospitals, clinics and other healthcare providers
face – the need for simplicity, cost containment and delivery of a
quality healthcare experience for patients and physicians alike.
Our integrated software solutions are backed by a proactive support
approach, making us the partner of choice for hundreds of
healthcare organizations. For more information, visit
www.evident.com.
About TruBridge
TruBridge, a member of the CPSI family of companies, provides
business and consulting services, and an end-to-end Revenue Cycle
Management (RCM) solution. With our arsenal of RCM offerings that
include a HFMA Peer Reviewed® product and an HMFA Peer Reviewed®
complete outsourcing service, TruBridge helps hospitals, physician
clinics, and skilled nursing organizations of all sizes become more
efficient at serving their communities. For further information
visit www.trubridge.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified generally by the use of
forward-looking terminology and words such as “expects,”
“anticipates,” “estimates,” “believes,” “projects,” “targets,”
“predicts,” “intends,” “plans,” “potential,” “may,” “continue,”
“should,” “will” and words of comparable meaning. Without limiting
the generality of the preceding statement, all statements in this
press release relating to the ability of Evident and TruBridge to
successfully partner with Curahealth Hospitals and Cobalt
Rehabilitation are forward-looking statements. We caution investors
that any such forward-looking statements are only predictions and
are not guarantees of future performance. Certain risks,
uncertainties and other factors may cause actual results to differ
materially from those projected in the forward-looking statements.
Such factors may include: risks related to the ability of Evident’s
EHR solution to create clinical efficiencies and improve
decision-making; the ability of TruBridge’s collection services to
improve patient billing and collections systems; the impact of
COVID-19 and related economic disruptions which have materially
affected CPSI’s revenue and could materially affect CPSI’s gross
margin and income, as well as CPSI’s financial position and/or
liquidity; actions to be taken by CPSI in response to the pandemic;
the legal, regulatory and administrative developments that occur at
the federal, state and local levels; potential disruptions,
breaches, or other incidents affecting the proper operation,
availability, or security of CPSI’s or its partners’ information
systems, including unauthorized access to or theft of patient,
business associate, or other sensitive information or inability to
provide patient care because of system unavailability; changes in
revenues due to declining hospital demand and deteriorating
macroeconomic conditions (including increases in uninsured and
underinsured patients); potential increased expenses related to
labor or other expenditures; and the impact of our substantial
indebtedness and the ability to refinance such indebtedness on
acceptable terms or at all, as well as risks associated with
disruptions in the financial markets and the business of financial
institutions as the result of the COVID-19 pandemic which could
impact us from a financial perspective. Numerous other risks,
uncertainties and other factors may cause actual results to differ
materially from those expressed in any forward-looking statements.
Such factors include risk factors described from time to time in
CPSI’s public releases and reports filed with the Securities and
Exchange Commission, including but not limited to, CPSI’s most
recent Annual Report on Form 10-K and Quarterly Reports on Form
10‑Q. We also caution investors that the forward-looking
information described herein represents CPSI’s outlook only as of
this date, and CPSI undertakes no obligation to update or revise
any forward-looking statements to reflect events or development
after the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20210203005909/en/
Tracey Schroeder Chief Marketing Officer
tracey.schroeder@cpsi.com (251) 639-8100
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