TruBridge Inc (NASDAQ: TBRG) is a healthcare information technology company that provides electronic health record systems and revenue cycle management services to community hospitals and their affiliated clinics. It makes money through software subscriptions, technology licensing, and outsourced financial health services sold primarily to domestic community hospitals. The company targets hospitals with fewer than 400 acute care beds, with approximately 98% of its Patient Care hospital customer base comprising facilities with fewer than 100 beds (per the 10-K filed 2026-03-31). TruBridge operates two segments: Financial Health, which covers revenue cycle management and related outsourced services, and Patient Care, which covers acute care EHR solutions. Total revenues were $346.8 million in FY2025, up from $342.2 million in FY2024 and $337.0 million in FY2023, with domestic revenues representing approximately 98% of total sales in FY2025.

Revenue model

TruBridge generates revenue through software subscriptions including a Cloud EHR SaaS offering billed on a monthly basis, technology licensing, outsourced revenue cycle management services, data conversion services, training, and forms and supplies sales. The Financial Health segment cross-sells outsourced services into the existing Patient Care EHR customer base.

Products and services

Products and services include Cloud EHR (SaaS-based electronic health record), acute care EHR solutions for community hospitals and physician clinics, revenue cycle management (RCM) outsourcing, patient engagement technology including InstantPHR portal, CHBase data aggregation, TruBridge Analytics (enterprise analytics platform replacing legacy Business Intelligence, with 109 clients migrated as of FY2024), data conversion services, individualized training, and standard and customized forms and supplies.

Customers and end markets

Primary customers are community hospitals with fewer than 400 acute care beds and their affiliated clinics, as well as independent or small to medium-sized chains of skilled nursing facilities. Approximately 98% of the Patient Care hospital customer base is comprised of hospitals with fewer than 100 beds. The company also serves larger health systems as part of its Financial Health expansion strategy.

Value-chain role

TruBridge sits at the software and services layer of the community hospital technology stack, acting as both an EHR platform vendor and an outsourced revenue cycle operator. It handles data conversion, system implementation, staff training, ongoing software maintenance, and financial management workflows on behalf of client hospitals.

Geographic exposure

Predominantly domestic U.S., with domestic revenues of $340.9 million in FY2025 versus international revenues of $5.9 million (FY2025). International revenues derive from clients in St. Maarten, Turks and Caicos, Anguilla, Canada, England, Australia, the United Arab Emirates, and the Netherlands.

Source: SEC 10-K, filed 2026-03-31

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