CPSI Acquires Washington Healthcare Resource Group

MOBILE, Ala. — Mobile-based healthcare services company Computer Programs and Systems, Inc. (CPSI) recently announced its acquisition of Spokane Valley, Washington-based Healthcare Resource Group, Inc., The Wenatchee World reported. The acquisition was funded by a combination of cash and revolving credit, but the cost was not disclosed. Healthcare Resource Group, founded in 1994, provides patient financial services and health information management coding and auditing to healthcare facilities nationwide with more than 400 employees and 77 clients primarily located in the Pacific Northwest and Southwest. CPSI said it intends to retain Healthcare Resource Group’s employees in the acquisition. As part of the acquisition, Healthcare Resource Group will merge with CPSI subsidiary TruBridge to address growing demand for billing and payment services from healthcare organizations. Healthcare Resource Group will maintain its name for the short term until it combines with TruBridge. TruBridge provides business, consulting and IT services to medical facilities. CPSI, founded in 1979, provides IT and consulting services to community hospitals, clinics and post-acute care facilities. Its subsidiaries include Evident, LLC; American HealthTech, Inc.; TruBridge, LLC; Get Real Health; and TruCode, LLC.