Computer Programs & Systems, Inc. (NASDAQ:CPSI)

For reference point and to allow for comments by others. As of the end of March, 2013.

ROE 53.38%
Trailing PE 17.37
PB 9.26
Div yield 4.10%

Niche player serving rural hospitals and hard to compete with on that terrain. Decent dividend. Long operating history. Electronic health records are a good space. That said, as the company further grows into its niche, it's not clear to me a couple years out that there is meaningful growth past that. Could be a buyout candidate at some point. Anyway, for the next couple of years: Outperform.

Insider Buys

insider buying by CFO and CEO

Consistent and above average growth (59mil in 2001 to 173 mil in 2011), great dividend yield 3.3% at reasonable P/E 23.5.

IT solution for hospitals. Vulnerable to the swings in regulations of that industry.

Very good growth for net income, total revenue, net margin. Reasonable PE ratio with a good dividend around 3%. High % of insider holdings and lots of room to grow with a market cap around 685M.

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!

Inside ownership over 10%, no debt, ROE of 36, long term growth est 16%. Screen result.

mfi

Good growth and earnings.

1 3-6-9.

Technology is geting better and bigger...so are hospitals!!

Medical industy is automating, consolidating and standardizing. CPSI will sell into that budget area.

Shows up on my fundamental screen

Perfect healthcare compliment pick with McKesson Corp. CPSI has a 7% dividend yield.

Healthcare good industry. Great dividend over 4%. Cash and no debt. Seems a little high but down 25% from 52 week high.

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!

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.