13G Filing: Francisco Partners GP II Takes Large Stake in Computer Programs & Systems Inc (CPSI)

NAMES OF
REPORTING PERSONS

Francisco Partners II, L.P.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(A)  ¨        (B)  x

SEC USE ONLY

CITIZENSHIP OR PLACE OF
ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

– 0 –

SHARED VOTING POWER

1,938,968

SOLE DISPOSITIVE POWER

– 0 –

SHARED DISPOSITIVE POWER

1,938,968

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,938,968

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)  ¨

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (9)

14.6% (1)

TYPE OF REPORTING PERSON (See
Instructions)

PN

NAMES OF
REPORTING PERSONS

Francisco Partners Parallel Fund II, L.P.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(A)  ¨        (B)  x

SEC USE ONLY

CITIZENSHIP OR PLACE OF
ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

– 0 –

SHARED VOTING POWER

26,637

SOLE DISPOSITIVE POWER

– 0 –

SHARED DISPOSITIVE POWER

26,637

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

26,637

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)  ¨

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (9)

0.20% (1)

TYPE OF REPORTING PERSON (See
Instructions)

PN

NAMES OF
REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Francisco Partners GP II, L.P.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(A)  ¨        (B)  x

SEC USE ONLY

CITIZENSHIP OR PLACE OF
ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

– 0 –

SHARED VOTING POWER

1,965,605

SOLE DISPOSITIVE POWER

– 0 –

SHARED DISPOSITIVE POWER

1,965,605

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,965,605

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)  ¨

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (9)

14.8% (1)

TYPE OF REPORTING PERSON (See
Instructions)

PN

NAMES OF
REPORTING PERSONS

Francisco Partners GP II Management, LLC

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(A)  ¨        (B)  x

SEC USE ONLY

CITIZENSHIP OR PLACE OF
ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

– 0 –

SHARED VOTING POWER

1,965,605

SOLE DISPOSITIVE POWER

– 0 –

SHARED DISPOSITIVE POWER

1,965,605

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,965,605

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)  ¨

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (9)

14.8% (1)

TYPE OF REPORTING PERSON (See
Instructions)

PN

6600 Wall Street

Mobile, AL
36695

(i)     Francisco Partners II, L.P.

(ii)    Francisco Partners Parallel Fund II, L.P.

(iii)  Francisco Partners GP II, L.P.

(iv)   Francisco Partners GP II Management, LLC

One Letterman Drive, Building C Suite 410

San Francisco, CA 94129

(a) In the aggregate, the Reporting Persons beneficially own 1,965,605 shares of Common Stock, by virtue
of the 1,938,968 shares of Common Stock directly held by FPII and the 26,637 shares of Common Stock directly held by FPPII.

FPGPII is the general partner of FPII and FPPII. FPMII is the general partner of FPGPII. The managers of FPGPII and FPMII have the power,
acting by majority vote, to vote or dispose of the shares held directly by FPII and FPPII. As a result of these relationships, each of FPGPII and FPMII has shared voting and dispositive power with respect to the shares of Common Stock directly held
by FPII and FPPII.

(b) In the aggregate, the Reporting Persons
beneficially own 1,965,605 shares of Common Stock, or 14.8% of the total number of shares of Common Stock outstanding, by virtue of the 1,938,968 shares of Common Stock directly held by FPII and the 26,637 shares of Common Stock directly held by
FPPII.

All percentages calculated in this Schedule 13-G are based
upon 13,276,568 shares outstanding, which is the sum of the following: (a) 11,302,688, the number of outstanding shares of Common Stock reported in the Issuers Form 10-Q filed with the Securities and Exchange Commission (SEC)
on November 6, 2015, plus (b) 1,973,880 shares of Common Stock issued by the Issuer as consideration for the acquisition of Healthland Holding Inc. on January 8, 2016 as reported on the Issuers Form 8-K filed on January 8,
2016.

(i)     Sole power to vote or to direct the vote: See Item 5 on the cover pages
hereto.

(ii)    Shared
power to vote or to direct the vote: See Item 6 on the cover pages hereto.

(iii)  Sole power to dispose or to direct the disposition of: See Item 7 on the cover pages hereto.

(iv)   Shared power to dispose or
to direct the disposition of: See Item 8 on the cover pages hereto.

Pursuant to Rule 13d-4 of the Act, the Reporting Persons expressly declare that the filing of this Schedule 13G shall not be construed as an
admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this statement held by any other person. The Reporting Persons expressly
disclaim that they have agreed to act as a group other than as described in this Schedule 13G.