Computer Programs & Systems, Inc. (NASDAQ:CPSI)
A healthcare information technology company that designs, develops, markets, installs and supports computerized information technology systems to meet the unique demands of small and midsize hospitals.
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Took one look at the description, long-term technicals, recent haircut, dividend, and debt-free balance sheet after seeing TSIF green-thumb today. Probably a buy!
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Inside ownership over 10%, no debt, ROE of 36, long term growth est 16%. Screen result.
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Good growth and earnings.
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Technology is geting better and bigger...so are hospitals!!
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Medical industy is automating, consolidating and standardizing. CPSI will sell into that budget area.
Shows up on my fundamental screen
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Perfect healthcare compliment pick with McKesson Corp. CPSI has a 7% dividend yield.
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Healthcare good industry. Great dividend over 4%. Cash and no debt. Seems a little high but down 25% from 52 week high.
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Despite recent setbacks, company has a great deal of room to grow in both market share and increased sales to present customers. It has almost 600 small to mid-size hospitals as clients, but there is over 5,000 in that space.
CPSI sells integrated and complete (software & hardware) solutions to smaller hospitals that can't afford to go to bigger vendors. This helps healthcare providers better track patients, diagnoses, treatments, inventories, etc. Therefore, it has both demographics and government on its side.
Its fundamentals are tops. Lots of cash, no debt, and 42% ROE!
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Interesting little healtchare IT play with a great balance sheet, solid return metrics, and in a growing market. Great divvy to pay while one waits. Our healthcare IT in this country stinks from all the hassles I deal with my own plan and all the mistakes that are made.
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Sells and services computer systems and software to health care facilities. Lots of room for growth here
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