UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
                                  ------------


                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


       Date of report (Date of earliest event reported): February 1, 2007


                       COMPUTER PROGRAMS AND SYSTEMS, INC.
               (Exact Name of Registrant as Specified in Charter)


           Delaware                   000-49796              74-3032373
 (State or Other Jurisdiction      (Commission File         (IRS Employer
       of Incorporation)               Number)            Identification No.)

       6600 Wall Street,                                         36695
        Mobile, Alabama                                       (Zip Code)
(Address of Principal Executive
            Offices)

                                 (251) 639-8100
              (Registrant's telephone number, including area code)

                                       N/A
          (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

     |_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

     |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

     |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))







Item 2.02.         Results of Operations and Financial Condition.

         On February 1, 2007, Computer Programs and Systems, Inc. ("CPSI")
issued a press release announcing financial information for its fiscal fourth
quarter and year ended December 31, 2006. The press release is attached as
Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the
Commission.

Item 9.01.         Financial Statements and Exhibits.

(d)     Exhibits.

        Exhibit Number                 Exhibit
        --------------                 -------

        99.1                           Press Release dated February 1, 2007.







                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                       COMPUTER PROGRAMS AND
                                       SYSTEMS, INC.

                                       By: /s/ J. Boyd Douglas
                                           ----------------------------
                                           J. Boyd Douglas
                                           President and Chief Executive Officer


Dated: February 1, 2007







                                INDEX TO EXHIBITS


Exhibit Number                          Exhibit
-------------                           -------

99.1                                    Press Release dated February 1, 2007. *


* This exhibit is furnished to, but not filed with, the Commission by inclusion
herein.