TruBridge, Inc.

Analysis for Ticker: TBRG

TruBridge Inc sells the digital nervous systems rural hospitals use to bill patients and track medical records. It is a business that relies on the financial health of small-town communities, yet the internal math shows a company cannibalizing itself to survive. While their customers struggled, TruBridge spent 7,1$ million just to fire its own employees and used accounting maneuvers to hide the fact that they had lost control of their own revenue tracking for years. The illusion of a functioning business ended with a 600,0$ million buyout designed to pay off the insiders while the company’s independent future was sold for 26,25$ per share.