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 |