Trubridge Inc (OQ:TBRG)

Business Focus: Medical Software & Technology Services

Sector:  Healthcare Industry:  Advanced Medical Equipment & Technology
 
See Regulatory Filings on SEC
Company Contact
Address: 54 St. Emanuel Street
MOBILE AL 36602
Tel: N/A
Website: https://trubridge.com
IR: See website
<
Key People
Christopher L. Fowler
President, Chief Executive Officer, Director
Vinay Bassi
Chief Financial Officer, Treasurer, Company Secretary
David A. Dye
Chief Operating Officer, Director
Wes D. Cronkite
Chief Technology and Innovation Officer
Kevin Plessner
General Counsel
Dawn M. Severance
Chief Sales Officer
Business Overview
TruBridge, Inc. is a provider of healthcare solutions and services for community hospitals, their clinics and other healthcare systems. The Company operates through three segments: RCM, HER and Patient Engagement. The RCM segment focuses on providing a complete revenue cycle management (RCM) solution for all care settings, regardless of their primary healthcare information solutions provider, along with business management, consulting, managed IT services, analytics and business intelligence. The EHR segment provides comprehensive acute care solutions and related services for community hospitals and their physician clinics. The Patient Engagement segment offers comprehensive patient engagement and empowerment technology solutions to improve patient outcomes and engagement strategies with care providers. Its wholly owned subsidiaries include Viewgol, LLC, iNetXperts, Corp. doing business as Get Real Health, Healthcare Resource Group, Inc. and Healthland Holding Inc.
Financial Overview
For the three months ended 31 March 2024, Trubridge Inc revenues decreased 3% to $83.2M. Net loss applicable to common stockholders totaled $2.4M vs. income of $3M. Revenues reflect EHR segment decrease of 20% to $28M, Patient engagement segment decrease of 9% to $2.2M. Net loss reflects General and administrative increase of 30% to $19.4M (expense), Interest Expense increase of 53% to $4.1M (expense).
Employees: 3,219 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $319.51M as of Mar 31, 2024
Annual revenue (TTM): $336.45M as of Mar 31, 2024
EBITDA (TTM): $39.56M as of Mar 31, 2024
Net annual income (TTM): -$50.22M as of Mar 31, 2024
Free cash flow (TTM): -$32.66M as of Mar 31, 2024
Net Debt Last Fiscal Year: $180.69M as of Mar 31, 2024
Shares outstanding: 15,007,262 as of May 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.