{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-008957","form_type":"8-K","ticker":"TBRG","cik":"0001169445","company_name":"TruBridge, Inc.","filed_at":"2024-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.546397+00:00","generated_at":"2026-06-06T22:26:15.140503+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CPSI divests American HealthTech to PointClickCare for $25M; net cash ~$21.41M","bullets":["Divested American HealthTech to PointClickCare for $25M base; net cash payout ~$21.41M after escrows and working capital adjustments. Closed Jan 16, 2024.","CPSI to discontinue AHT product development; PointClickCare to serve existing AHT customers in post-acute market.","Third Amendment to credit agreement permits add-backs for acquisition costs, synergy savings, and up to $1.25M of SEC investigation expenses.","American HealthTech released from guarantee obligations under the credit agreement following the divestiture."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-008957","json":"https://secwatch.observer/filing/0001193125-24-008957.json","markdown":"https://secwatch.observer/filing/0001193125-24-008957.md","text":"https://secwatch.observer/filing/0001193125-24-008957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169445/000119312524008957/0001193125-24-008957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169445/000119312524008957/d611562d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T22:26:15.140503+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"27c8f1cf5d148bea6af6209ebb9634f38c0000b0","claim":"TruBridge, Inc. entered into Stock Purchase Agreement – Sale of American HealthTech, Inc. with PointClickCare Technologies USA Corp. valued at Base Cash Consideration of $25 million, with net closing payment of approximately $21.41 million (effective 2024-01-16).","evidence_excerpt":"On January 16, 2024, Computer Programs and Systems, Inc. (the “Company”) entered into a Stock Purchase Agreement (the “Purchase Agreement”), by and among the Company, PointClickCare Technologies USA Corp., a Delaware corporation (“Buyer”), Healthland Inc., a Minnesota corporation and an indirect, wholly-owned subsidiary of the Company (“Healthland” and, together with the Company, the “Seller Parties”) and American HealthTech, Inc., a Mississippi corporation (“American HealthTech”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169445/000119312524008957/0001193125-24-008957-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"PointClickCare Technologies USA Corp."},{"label":"Value","value":"Base Cash Consideration of $25 million, with net closing payment of approximately $21.41 million"},{"label":"Effective","value":"2024-01-16"}],"fact_type":"material_agreement"},{"claim_id":"ae73d666a6884e9f398468c3a616185bc7d3ab0b","claim":"TruBridge, Inc. amended Third Amendment to Credit Agreement with Regions Bank valued at Modified Consolidated EBITDA add-backs for earn-out consideration, cost savings, SEC investigation c (effective 2024-01-16).","evidence_excerpt":"On January 16, 2024, the Company entered into a Third Amendment (the “Third Amendment”) to the Amended and Restated Credit Agreement, dated as of June 16, 2020 (as amended, the “Credit Agreement”), by and among the Company; certain subsidiaries of the Company, as guarantors (collectively, the “Subsidiary Guarantors”); Regions Bank, as administrative agent and collateral agent; and various other lenders from time to time.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169445/000119312524008957/0001193125-24-008957-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Regions Bank"},{"label":"Value","value":"Modified Consolidated EBITDA add-backs for earn-out consideration, cost savings, SEC investigation c"},{"label":"Effective","value":"2024-01-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}