CPSI announced that it has appointed Vinay Bassi as Chief Financial Officer, effective January 1, 2024. The Company?s current Chief Financial Officer, Matt Chambless, will remain as an advisor to the Company for a period of time following January 1, 2024, in order to support the transition from Mr. Chambless to Mr. Bassi. Bassi has had a multi-decade career as a strategic finance leader across many industries with a track record of driving value creation.

Most recently, he served as Chief Financial Officer for the Audience Measurement division at Nielsen Holdings plc, a global leader in audience measurement, data and analytics. Starting in 2016, he also served Nielsen in various senior operational and financial roles, including as Chief Financial Officer to the Chief Operating Officer and Senior Vice President of Corporate FP&A, Global M&A and Investments. Prior to joining Nielsen, Bassi served as Vice President of Corporate Development and Strategy at Avaya Inc., a technology collaboration company.

He began his career as an Auditor at PricewaterhouseCoopers and spent time at Standard & Poor?s and Citigroup.