TruBridge

What TruBridge does

TruBridge (NASDAQ: TBRG, formerly CPSI) is a U.S. healthcare technology and services company headquartered in Mobile, Alabama, serving over 1,500 rural hospitals, critical access hospitals, community hospitals, ambulatory clinics, and specialty practices with 45+ years of domain focus. The company operates a modular platform-plus-services architecture anchored on the Evident Thrive electronic health record (EHR), an HFMA Peer Reviewed revenue cycle management (RCM) system, a Complete Business Office (CBO) outsourcing offering, and TruCode medical coding technology, supported by add-on modules including Patient Access & Engagement, Claims Management, Denial Management, AR Recovery, nTrust, Population Health, ERP (via Multiview), and TruBridge Insights analytics. The ambulatory RCM sub-brand (formerly Viewgol) extends the portfolio to outpatient and specialty practices. TruBridge's go-to-market combines enterprise field sales, inside sales, and a partnership ecosystem (Microsoft Dragon Copilot for ambient AI documentation, RevSpring for AI-powered patient payments, SAIC-led AARH alliance, THMA Rural Health Collaborative, RSM, Graphio.ai). Recurring revenue represents 94% of total revenue, and pricing is custom-quoted on subscription and managed-services terms.

Revenue for FY2025 was $346.8 million (up from $342.2M in FY2024), with adjusted EBITDA of $68.7M, non-GAAP net income of $38.5M, and a return to GAAP profitability ($4.4M net income versus a $20.9M loss in FY2024). The company employs approximately 3,500 professionals across the U.S. and a new Global Capability Center in Chennai, India, launched in March 2026 with 57 professionals and planned scaling over 12-18 months. TruBridge is the subject of a pending $557M acquisition by IKS Health (Inventurus Knowledge Solutions) at $26.25 per share, expected to close Q3 2026, and is also navigating multiple securities class action investigations stemming from a March 2026 Notification of Late Filing related to material errors in previously issued 2023-2025 financial statements.

Name

TruBridge

Legal name

TruBridge, Inc.

Website

https://trubridge.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

TruBridge provides EHR, revenue cycle management, medical coding, and managed IT services for over 1,500 rural, community, and critical access hospitals and ambulatory clinics across the U.S., generating $346.8M in FY2025 revenue with 94% recurring.

Ownership category

akta.pro rank

Product category

Healthcare Revenue Cycle Management Software & Services

NAICS

Software Publishers (513210), Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Claims Management, Scrubbing & Clearinghouse (HLACACAB)

akta.pro secondary industries

Patient Billing, Statements & Payment Processing (HLACACAG), Patient Access, Registration & Intake (Front-End RCM) (HLACACAE)

Keywords

• Revenue cycle management
• Electronic health records
• Medical coding services
• Healthcare IT services
• Patient access software

Headquarters

HQ city

Mobile

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Revenue Cycle Management Services: Comprehensive billing, coding, and collections services to optimize financial performance and cash flow for healthcare providers. Includes outsourcing services, clearinghouse, claims management, and denial management.
2. Electronic Health Record Solutions: EHR software solutions and support services for rural and community hospitals, including implementation, training, and ongoing maintenance.
3. Medical Coding Services: Accurate coding, auditing, and compliance support services to meet regulatory requirements and maximize reimbursement.
4. Healthcare IT & Technology Services: Consulting, implementation, and ongoing support for technology systems, including analytics, cloud hosting, and IT infrastructure.
5. Recurring Revenue: Recurring revenue represents 94% of total revenue, indicating strong subscription and contracted service income.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

TruBridge is a healthcare technology company that sells revenue cycle management (RCM) software and services, an electronic health record (EHR) system (Evident Thrive), medical coding technology and services (TruCode), and a Complete Business Office (CBO) outsourcing offering. The company combines these into a platform-plus-modules architecture primarily serving rural, critical access, and community hospitals and ambulatory clinics. Recurring subscriptions represent 94% of total revenue, anchored in multi-year contracts.

Product overview

TruBridge offers a unified platform-plus-modules architecture combining Revenue Cycle Management (RCM), Electronic Health Record (EHR) technology, and Medical Coding services for rural and community hospitals, ambulatory clinics, and healthcare providers. The core platform centers on the Evident Thrive EHR and HFMA Peer Reviewed RCM system, supported by add-on modules including Complete Business Office (CBO) outsourcing, Patient Access & Engagement, Claims Management & Clearinghouse, Denial Management, AR Recovery Workdown, nTrust Bundle, Population Health & Data Management, ERP (via Multiview partnership), and TruBridge Insights analytics. The ambulatory RCM sub-brand (formerly Viewgol) extends the portfolio to outpatient and specialty practices. Key technology integrations include RevSpring's AI-powered Intelligent Payment Suite for patient financial engagement and Microsoft Dragon Copilot for ambient AI clinical documentation. TruBridge operates a Global Capability Center in Chennai, India for RCM delivery, and has recently launched ambient AI documentation features and expanded its partnership ecosystem (RevSpring, Microsoft Dragon Copilot, Graphio.ai, Multiview, SAIC AARH alliance).

Differentiator

Problem solved

Functional benefit

Products and services

• Revenue Cycle Management (RCM) Comprehensive billing, coding, claims management, and collections software-enabled services that optimize financial performance and cash flow for rural and community hospitals, ambulatory clinics, and healthcare providers. HFMA Peer Reviewed for seven consecutive years.
• Electronic Health Record & Information Systems (Evident Thrive) The Evident Thrive EHR platform streamlines clinical workflows, documentation, and patient record management for rural and community hospitals. Integrates ambient AI clinical documentation through Microsoft Dragon Copilot.
• Medical Coding Technology & Services (HIM) Accurate coding, auditing, and compliance support combining expert coding services with TruCode Encoder technology to meet regulatory requirements and maximize reimbursement across facility and professional coding workflows.
• Complete Business Office (CBO) Full outsourcing of billing, collections, and administrative workflows that lets hospitals redirect staff from revenue cycle tasks to clinical care. HFMA Peer Reviewed for four consecutive years.
• Patient Access & Engagement Insurance verification, eligibility checks, patient intake workflows, and patient collections solutions that improve front-end revenue cycle efficiency and financial engagement, integrated with AI-powered RevSpring payment tools.
• Claims Management & Clearinghouse Electronic claims submission, remittance management, and payer connectivity services that accelerate reimbursement and reduce submission errors.
• Denial Management & Appeals Denial prevention and aggressive recovery services including payer trend analysis, first-pass acceptance improvement, and appeals management to protect revenue.
• AR Recovery Workdown Collections experts work aging small-balance co-pays, low-dollar insurance claims, and time-consuming tasks to recover revenue and achieve collection goals.
• Ambulatory RCM (formerly Viewgol) Ambulatory revenue cycle management platform combining advanced analytics, proven RCM workflows, and dedicated RCM experts for outpatient organizations including dermatology, ophthalmology, ENT, orthopedics, and multi-specialty groups.
• Population Health & Data Management Data analytics and population health tools enabling healthcare organizations to gain actionable insights from clinical, financial, and operational data to support decision-making and performance improvement.
• Enterprise Resource Planning (ERP) Integrated financial and operational data solutions via the Multiview partnership, providing real-time visibility into performance, strategic planning support, and data-driven decision-making across hospital departments.
• TruBridge Insights Business intelligence dashboards and performance analytics providing real-time revenue cycle visibility, denial management reporting, and collection analytics for informed decision-making.

Quantifiable outcome

• $2M+ cash improvement for client facilities
• +6 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature7 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• MicrosoftcoreTechnology or Integration · 24 March 2026Strategic collaboration integrating Microsoft Dragon Copilot with TruBridge EHR solution. The ambient AI clinical documentation technology enables real-time transcription of patient-physician conversations with automatic structured note generation within the EHR workflow. Artesia General Hospital deployed as early adopter with 50-75% reduction in documentation time.
• ZinnovminorImplementation/ SI/ Consulting Partner · 11 March 2026Consulting firm powering TruBridge's Global Capability Center (GCC) in Chennai, India. Zinnov supports the establishment of technology-enabled RCM capabilities including A/R management, coding, and consulting services.
• SAIC (Science Applications International Corp.)coreStrategic or Co-development Partner · 19 February 2026TruBridge joined the Alliance for Advancing Rural Healthcare (AARH) launched by SAIC to help state governments execute the $50 Billion Rural Health Transformation Program. The alliance brings together eight healthcare organizations to address rural healthcare challenges including modernizing delivery, stabilizing hospitals, and strengthening clinical workforce.
• ArcadiaminorStrategic or Co-development Partner · 19 February 2026Alliance partner in AARH consortium providing capabilities for rural healthcare transformation program.
• Castlight HealthminorStrategic or Co-development Partner · 19 February 2026Alliance partner in AARH consortium providing capabilities for rural healthcare transformation program.
• CovistaminorStrategic or Co-development Partner · 19 February 2026Alliance partner in AARH consortium providing capabilities for rural healthcare transformation program.
• Mission Mobile MedicalminorStrategic or Co-development Partner · 19 February 2026Alliance partner in AARH consortium providing capabilities for rural healthcare transformation program.
• Telemedicine.comminorStrategic or Co-development Partner · 19 February 2026Alliance partner in AARH consortium providing capabilities for rural healthcare transformation program.
• WalgreensminorStrategic or Co-development Partner · 19 February 2026Alliance partner in AARH consortium providing capabilities for rural healthcare transformation program.
• RevSpringcoreTechnology or Integration · 18 December 2025Expanded exclusive partnership integrating RevSpring's AI-powered patient engagement and payment optimization solutions into TruBridge's connected platform. The Intelligent Payment Suite with predictive analytics matches communication channels and payment options to patient preferences. Existing clients report up to 37% increase in cash receipts and over 95% patient satisfaction scores.
• The Health Management Academy (THMA)coreStrategic or Co-development PartnerTruBridge partnered with THMA to lead the Rural Health Collaborative (RHC), connecting rural hospital leaders, policymakers, and peers. Members gain funding insights, technology guidance, and peer-driven best practices to strengthen financial resilience, modernize operations, and improve quality of care.
• RSM US LLPminorImplementation/ SI/ Consulting PartnerExpanded collaboration to provide advisory, financial and operational support services for community healthcare providers across the United States.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Waystar: Waystar provides cloud-based RCM technology spanning claims management, patient access, and denials — directly comparable to TruBridge's claims management clearinghouse, patient access, and denial management modules.
• MEDITECH: MEDITECH is an EHR vendor with deep penetration in community and critical access hospitals, directly competing with TruBridge's Evident Thrive EHR for the same rural and community hospital segment.
• R1 RCM: R1 RCM is a leading end-to-end revenue cycle management provider serving hospitals and health systems, directly overlapping with TruBridge's RCM outsourcing, coding, and patient access offerings for community and mid-sized providers.
• Ensemble Health Partners: Ensemble Health Partners is an RCM outsourcing specialist serving hospitals and health systems, with a comparable end-to-end revenue cycle, denials management, and patient engagement stack that competes head-to-head with TruBridge's Complete Business Office offering.
• NextGen Healthcare: NextGen Healthcare provides EHR and practice management/RCM solutions to ambulatory and community-based providers, with a comparable mid-market positioning to TruBridge's ambulatory and community hospital portfolio.
• athenahealth: athenahealth offers integrated EHR and RCM for ambulatory and mid-sized healthcare organizations, directly comparable to TruBridge's ambulatory RCM (Viewgol) and broader physician practice offerings.
• Experian Health: Experian Health provides patient access, claims management, and RCM optimization solutions for hospitals, overlapping with TruBridge's Patient Access, Claims Management, and TruBridge Insights analytics products.

Others

• IKS Health: IKS Health is the acquiring entity in the pending TruBridge takeover; it operates an AI-enabled care enablement and RCM platform (MyCareHub) that overlaps substantially with TruBridge's offerings, making it both a future parent and a strategic peer in the RCM/care enablement space.

Broad incumbents

• Oracle Health (Cerner): Oracle Health (formerly Cerner) is a broad incumbent offering enterprise EHR and population health to large health systems, including community hospitals; it competes with TruBridge in larger community deals and increasingly downmarket.
• Optum (UnitedHealth Group): Optum is a broad healthcare services and technology incumbent with major RCM, EHR-adjacent, and revenue cycle offerings (including legacy Change Healthcare), competing with TruBridge across RCM outsourcing and technology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/trubridgeservices
• LinkedInlinkedin.com/company/trubridge
• Xx.com/trubridge

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TruBridge