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COMPUTER PROGRAMS & SYSTEMS INC. Mobile, Alabama; Software Firm Sees Big Sales Growth With Small Hospital Operators.(THE NEW AMERICA)

Investor's Business Daily

| June 03, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: MARILYN ALVA

It started with a bill: the Medicare Modernization Act of 2003.

The bill meant small community hospitals would be eligible to get higher levels of Medicare reimbursement.

It was enough to give many small hospitals the push they needed to modernize their information systems and technology, says David Dye, chief executive of Computer Programs and Systems.

That impetus has had a trickle-down effect on Dye's company, which sells health care technology strictly to small community hospitals.

Computer Programs' client list includes 533 hospitals around the U.S. Of those, 450 have less than 100 beds. The rest have less than 300 beds.

Business with these customers picked up when the Medicare bill was enacted.

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