Computer Programs and Systems, Inc. (NASDAQ: CPSI), a leading provider
of healthcare information solutions, today announced the planned opening
of an office in Monroe, Louisiana.
The opening was announced today in Monroe by Governor Bobby Jindal; Boyd
Douglas, CPSI’s President and Chief Executive Officer; and city
officials. The office is a result of a partnership between CPSI, the
State of Louisiana, the City of Monroe and OEDC Land Corporation.
"CPSI selected Monroe over a number of potential locations, and the
Company’s decision will have a positive economic impact on the region,”
Jindal said. "We are committed to strengthening the region’s economy by
helping retain its existing businesses as well as recruiting new
businesses, such as CPSI, to invest and create jobs in Northeast
Louisiana.”
Sharing in Governor Jindal’s optimism, Boyd Douglas added, "We are
excited about our partnership with the State of Louisiana, the City of
Monroe and OEDC Land Corporation. We believe the resulting investments
and opportunities will be of great benefit to both CPSI and the people
of Louisiana. We applaud Governor Jindal’s economic initiatives and look
forward to being a part of the success of those initiatives.”
One of the main goals of the partnership is the creation of a total of
100 jobs over the next four years. The office is scheduled to open in
July and will immediately bring an initial 20-25 full time jobs. An
additional 20 full time positions are expected to be added over the next
year. At the end of the four year period, the payroll is expected to
total approximately $1.9 million with full benefits. The initial
construction and on-going support of day-to-day operations will have a
further positive impact on the local economy.
Douglas also pointed out that Louisiana’s economic initiatives are
complemented by the state’s healthcare information technology and
electronic medical record (EMR) adoption initiatives. In the past two
years, the Company has installed EMR systems in nine hospitals in the
State of Louisiana, partially as a result of grants that have allowed
many of those hospitals to afford these systems.
"The State of Louisiana has certainly been a leader in not only
recognizing the benefits of healthcare IT, but in also actively securing
those benefits for its citizens,” said Douglas. "CPSI currently has over
40 customer hospitals located in Louisiana and has doubled the number of
its customers in the state over the past five years.”
About Computer Programs and Systems, Inc.
CPSI is a leading provider of healthcare information solutions for
community hospitals with over 650 client hospitals in 46 states. Founded
in 1979, the Company is a single-source vendor providing comprehensive
software and hardware products, complemented by complete installation
services and extensive support. Its fully integrated, enterprise-wide
system automates clinical and financial data management in each of the
primary functional areas of a hospital. CPSI’s staff of over 900
technical, healthcare, medical and business management professionals
provides system implementation and continuing support services as part
of a comprehensive program designed to respond to clients’ information
needs in a constantly changing healthcare environment. For more
information, visit www.cpsinet.com.
