Computer Programs and Systems Investor Presentation — February 2021

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Chief Marketing Officer

Tracey.schroeder@cpsi.com

CPSI ANNOUNCES FOURTH QUARTER AND YEAR -END 2020 RESULTS

Company Launches Transformation Initiative with Goal of $80 million in Adjusted EBITDA

in 2024; Targets Three- Year Average Organic Recurring Revenue Growth Rate of 5% to 8%

Highlights for Fourth Quarter 20 20:

• Revenues of $ 66.8 million;

• GAAP net income of $ 3.1 million and non -GAAP net income of $ 7.8 million;

• GAAP earnings per diluted share of $0. 22 and non -GAAP earnings per diluted share of $0. 55;

• Adjusted EBITDA of $ 12.3 million;

• Bookings of $2 1.2 million;

• 47,000 s hare s repurchase d for $1.3 million ;

• Cash provided by operations of $ 16.2 million; and

• Net debt of $ 64.1 million

MOBILE, ALA. (February 9, 2021 ) – CPSI (NASDAQ: CPSI), a community healthcare solutions company,

today announced results for the fourth quarter and year ended December 31 , 2020.

Total revenues for the quarter ended December 31 , 2020, were $ 66.8 million, compared with total

revenues of $70.6 million for the prior- year fourth quarter. GAA P net income for the quarter ended

December 31 , 2020, was $ 3.1 million, or $ 0.22 per diluted share, compared with $ 11.2 million, or $ 0.78

per diluted share, for the quarter ended December 31 , 201 9. Cash provided by operations for the fourth

quarter of 20 20 was $ 16.2 million, compared with $18.1 million for the prior- year quarter . Net debt at

December 31 , 2020 , was $64.1 million.

Total revenues for the year ended December 31 , 2020, were $ 264.5 million, compared with total revenues

of $274.6 million for the prior year. GAAP net income for the year ended December 31 , 2020, was $ 14.2

million, or $0. 98 per diluted share, compared with $ 20.5 million, or $ 1.43 per diluted share, for the year

ended December 31 , 2019 . Cash provided by operations for 20 20 was $ 49.1 million, compared with $ 43.6

million for the prior year .

Commenting on the Company’s financial performance for the fourth quarter of 2020 , Matt Chambless, chief

financial officer of CPSI, stated, “The fourth quarter ended with solid metrics across the board, especially

considering the lingering effect of the pandemic on patient volumes and a higher concentration of Software

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