checkAd

     118  0 Kommentare CPSI Announces the Refinancing of Credit Facilities to Create Flexibility for More Opportunistic Future Uses of Capital and Provides Update on Current Market Conditions - Seite 3

    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 CPSI’s ability to execute on its capital allocation strategy, including completing strategic acquisitions, investing in new and existing products and services, and pursuing share repurchases, and CPSI’s ability to maintain its current level of performance 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 CPSI’s ability to successfully complete strategic acquisitions and invest in new and existing products and services; risks related to CPSI’s ability to pursue share repurchases, as CPSI’s Board of Directors has not approved and may never approve a share repurchase program and any share repurchases will be subject to then current market conditions and CPSI’s capital position and cash flows, both of which may be materially adversely affected by the COVID-19 pandemic and related economic conditions; risks related to CPSI’s ability to continue to improve its cash on-hand, cash collections and certain TruBridge service volumes; the impact of COVID-19 and related economic disruptions which could materially affect the Company’s revenue, gross margin and income, as well as the Company’s financial position and/or liquidity; actions to be taken by the Company 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 the Company’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, 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 Report 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.

    Seite 3 von 4




    Business Wire (engl.)
    0 Follower
    Autor folgen

    Weitere Artikel des Autors


    CPSI Announces the Refinancing of Credit Facilities to Create Flexibility for More Opportunistic Future Uses of Capital and Provides Update on Current Market Conditions - Seite 3 CPSI (NASDAQ: CPSI), a community healthcare solutions company, today announced the refinancing of its existing credit facilities by entering into an Amended and Restated Credit Agreement (the “2020 Credit Agreement”) between the Company and its …