Charter Senior Living Selects American HealthTech EHR to Continue to Lead the Way in Senior Living - Seite 2

About American HealthTech

American HealthTech (AHT), a member of the CPSI family of companies, offers services and solutions created specifically for skilled nursing and senior living organizations. As a leading EHR provider to post-acute and senior living organizations of all sizes, the AHT solution delivers a seamless flow of information between care settings, resulting in better coordinated care and improved financial and clinical outcomes. For more information, visit www.healthtech.net.

About Medtelligent

Medtelligent makes ALIS: software purpose-built for clinical management, billing, and operational reporting in assisted living, memory care, and independent living communities. ALIS is designed to solve senior living-specific challenges including regulatory compliance management across different states, full eMAR management and drug counting, integrated assessments, and family engagement. To learn more, visit www.medtelligent.com.

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 the ability of American HealthTech to successfully partner with Charter Senior Living 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 the ability of American HealthTech’s EHR solution to streamline patient care at Charter Senior Living; the integration of American HealthTech’s EHR with ALIS by Medtelligent; the continuing and future impact of the COVID-19 pandemic and related economic disruptions which have materially affected CPSI’s revenue and could materially affect CPSI’s gross margin and income, as well as CPSI’s financial position and/or liquidity; actions to be taken by CPSI 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 CPSI’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 and the ability to refinance such indebtedness on acceptable terms or at all, 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 Reports 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.