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AUXO..AUXILIO and Palisades Medical Center in New Jersey Renew Multi-Year
Managed Print Services Contract
Hospital COO Cites "Exceptional Customer Service
and Substantial Savings"
MISSION VIEJO, Calif., Feb 12, 2013 (BUSINESS WIRE) -- AUXILIO, Inc. (OTCBB:
AUXO), the nation's leading Managed Print Services
(MPS) company for health care, announced today that Palisades Medical Center
(PMC), located in North Bergen, NJ, has extended its MPS contract until 2015.
PMC is the largest employer in its service area with more than 1,300 employees.
The original contract between AUXILIO and PMC was signed in 2010. The three year
extension is representative of the proven value and results that
AUXILIO's MPS program has delivered to substantially
reduce the hospital's print-related expense, optimize
its document production processes and provide excellent customer service to
caregivers.
"From day one, AUXILIO's
team has provided our hospital with exceptional customer service and its astute
management of our print environment has produced substantial savings and process
improvements," said David J. Berkowitz, VP of
Administration and Chief Operating Officer for PMC.
"The company's MPS
methodology has proven to assist us to better manage our volume to reduce costs
and waste. Its approach is a collaborative team effort with our hospital staff,
and we are pleased to extend our business partnership with
AUXILIO."
"Palisades Medical Center provides extraordinary care
to the residents of North Bergen, New Jersey and its surrounding
communities," said Joseph J. Flynn, president and
chief executive officer of AUXILIO. "We are honored to
have earned the confidence of the hospital staff and will continue working hard
to deliver further savings to help the hospital achieve its operational and
financial goals through our print management services
program."
AUXILIO is the only vendor neutral, health care exclusive MPS company in the
country, and is at the forefront of providing specialized knowledge of hospital
print environments by full-time, on-site personnel which ensures cost reduction
through continuous process improvements to substantially reduce the production
of documents .The company assumes all expenses related to the production of
documents in hospitals, including services, supplies, equipment, legacy service
agreements, parts, finance charges and labor. AUXILIO has over 80 hospitals in
its growing national portfolio and manages over 1.5 billion documents annually
while managing more than 45,000 devices from multiple manufacturers and serving
over 250,000 caregivers from coast to coast. AUXILIO estimates savings for its
hospital customers in excess of $70M over the life of existing contracts.
About AUXILIO, Inc.
AUXILIO, Inc. is the pioneer of managed print services for the health care
industry, working exclusively with hospitals and hospital systems throughout the
United States. We are vendor independent and provide intelligent solutions, a
risk free program and guaranteed savings. AUXILIO assumes all costs related to
print business environments through customized, streamlined and seamless
integration of services at predictable fixed rates that are unmatched in the
industry. We work collaboratively to assist our health care-partners in the
delivery of quality patient care. The service and solutions provided by our
on-site Centers of Excellence professional print strategy consultants deliver
unparalleled customer service across the industry. For more information about
AUXILIO, visit www.auxilioinc.com.
Forward Looking Statements
This release contains certain forward-looking statements relating to the
business of AUXILIO, Inc. that can be identified by the use of forward-looking
terminology such as ``believes,'' ``expects,''
"anticipates,"
"may" or similar
expressions. Such forward-looking statements involve known and unknown risks and
uncertainties, including uncertainties relating to product/services development,
long and uncertain sales cycles, the ability to obtain or maintain patent or
other proprietary intellectual property protection, market acceptance, future
capital requirements, competition from other providers, the ability of our
vendors to continue supplying the company with equipment, parts, supplies and
services at comparable terms and prices and other factors that may cause actual
results to be materially different from those described herein as anticipated,
believed, estimated or expected. Certain of these risks and uncertainties are or
will be described in greater detail in our Form 10-K and Form 10-Q filings with
the Securities and Exchange Commission, which are available at
http://www.sec.gov. AUXILIO, Inc. is under no obligation (and expressly
disclaims any such obligation) to update or alter its forward-looking statements
whether as a result of new information, future events or otherwise.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130212005459r1&sid=cmtx4&distro=nx
SOURCE: AUXILIO, Inc.
AUXILIO Adds Citrus Valley Health Partners in CA to Expanding Hospital
Portfolio with $4.5M Managed Print Services Contract
Company Kicks-off 2013 with
Three New Hospitals and Momentum
MISSION VIEJO, Calif., Jan 24, 2013 (BUSINESS WIRE) -- AUXILIO, Inc. (OTCBB:
AUXO), the nation's leading Managed Print Services
(MPS) company for health care, announced today that it was awarded a five year,
$4.5M MPS contract with Citrus Valley Health Partners. Located in Covina,
California, Citrus Valley Health Partners has approximately 3,000 employees and
nearly 1,000 physicians located in three hospital campuses, including Citrus
Valley Medical Center-Queen of the Valley Campus in West Covina, Foothill
Presbyterian Hospital in Glendora, and Citrus Valley Medical
Center-Inter-Community Campus in Covina. All encompassing, Citrus Valley Health
Partners serves over one million people in the San Gabriel Valley in Southern
California.
"We are excited to start the year by earning the
confidence of another great health care system like Citrus Valley Health
Partners," said Joseph J. Flynn, president and chief
executive officer of AUXILIO. "We have a proven track
record of providing the highest standard of excellence in the execution of our
managed print services programs and world class service for our customers. The
results will be sustainable improvements in each of the
hospital's business processes involving print that
will benefit the entire care organization now and well into the
future."
AUXILIO's unique and proprietary MPS program includes
a full time, on-site staff of print services experts who will develop
sustainable print programs, volume reduction initiatives, device and supply
chain management, and process efficiencies that are guaranteed to reduce costs
upwards of 20 percent. The company assumes all expenses related to the
production of documents in hospitals, including services, supplies, equipment,
legacy service agreements, parts, finance charges and labor.
"AUXILIO's comprehensive
assessment of our print environment and the savings they will generate through
improvements in our print production workflow and document management processes
was well beyond our expectations," said Roger Sharma,
Chief Financial Officer, Citrus Valley Health Partners.
"We look forward to developing a strong, sustainable,
cost effective business partnership with AUXILIO as we launch its print services
program in our hospitals."
As the only vendor neutral, health care exclusive MPS company in the country,
AUXILIO is at the forefront of providing specialized knowledge of hospital print
environments that ensures cost reduction through continuous process improvements
to reduce the production of documents substantially. The company has over 80
hospitals in its growing national portfolio and manages over 1.5 billion
documents annually while managing more than 45,000 devices from multiple
manufacturers and serving over 250,000 caregivers from coast to coast. AUXILIO
estimates savings for its hospital customers in excess of $70M over the life of
their existing contracts.
About AUXILIO, Inc.
AUXILIO, Inc. is the pioneer of managed print services for the health care
industry, working exclusively with hospitals and hospital systems throughout the
United States. We are vendor independent and provide intelligent solutions, a
risk free program and guaranteed savings. AUXILIO assumes all costs related to
print business environments through customized, streamlined and seamless
integration of services at predictable fixed rates that are unmatched in the
industry. We work collaboratively to assist our health care-partners in the
delivery of quality patient care. The service and solutions provided by our
on-site Centers of Excellence professional print strategy consultants deliver
unparalleled customer service across the industry. For more information about
AUXILIO, visit www.auxilioinc.com.
Forward Looking Statements
This release contains certain forward-looking statements relating to the
business of AUXILIO, Inc. that can be identified by the use of forward-looking
terminology such as "believes," "expects," "anticipates," "may" or similar
expressions. Such forward-looking statements involve known and unknown risks and
uncertainties, including uncertainties relating to product/services development,
long and uncertain sales cycles, the ability to obtain or maintain patent or
other proprietary intellectual property protection, market acceptance, future
capital requirements, competition from other providers, the ability of our
vendors to continue supplying the company with equipment, parts, supplies and
services at comparable terms and prices and other factors that may cause actual
results to be materially different from those described herein as anticipated,
believed, estimated or expected. Certain of these risks and uncertainties are or
will be described in greater detail in our Form 10-K and Form 10-Q filings with
the Securities and Exchange Commission, which are available at
http://www.sec.gov. AUXILIO, Inc. is under no obligation (and expressly
disclaims any such obligation) to update or alter its forward-looking statements
whether as a result of new information, future events or otherwise.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130124005463r1&sid=cmtx4&distro=nx
SAN FRANCISCO, CA, Dec 05, 2012 (MARKETWIRE via COMTEX) -- Vista Partners
announced today that it has updated coverage on AUXILIO Inc. (OTCBB: AUXO) ("The
Company," "AUXILIO" or "AUXO"); and maintains its twelve month target price of
$3.35. Ross Silver, Principal Analyst at Vista Partners, stated, "Between
December 2011 and June 2012, AUXILIO signed contracts worth an estimated $90
million in new service revenue over the life of the contracts which are all five
years. The contracts represent 45 hospitals including some of the nation's most
prestigious health care provider organizations and health care systems." Mr.
Silver concludes, "AUXILIO announced in August that it expects revenue growth in
excess of 50% in 2012, based solely on contracts closed since December 2011. In
the recent third quarter earnings release, the Company stated that it expects to
reach cash flow positive from operations during 2013. Should both of these occur
we believe it would serve as a catalyst to the share price and enhance AUXILIO's
position of potentially being targeted as an acquisition candidate."
To download a FREE copy of the AUXILIO Inc. research report, please visit
http://www.vistapglobal.com and click the "download research" icon to gain
access to the report.
About Vista Partners: Vista Partners LLC, founded in 2005, is a Registered
Investment Advisor in the States of California and Oregon. The firm's
professional staff has backgrounds in finance, corporate communications and
investment banking.
Please follow us on Twitter @VistaPResearch & Facebook at Vista-Partners to
receive updates, thoughts and ideas about our coverage universe of companies.
Disclaimer & Disclosure: For a full list of disclaimers and disclosures, please
visit our website www.vistapglobal.com or click here.
Contact:
877.215.4813
Email Contact
SOURCE: Vista Partners LLC
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=97EDDCDDCEE1F7F7
Copyright 2012 Marketwire, Inc., All rights reserved.
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Nice contract ..but went unnoticed today.
AUXILIO Signs $35 Million Managed Print Services Contract with Bon Secours Health System
Print
Alert
Auxilio (OTCBB:AUXO)
Intraday Stock Chart
Today : Monday 11 June 2012
AUXILIO, Inc. (AUXO.OB), the health care industry’s leader in Managed Print Services (MPS), announced a contract valued at approximately $35 million over five years with Bon Secours Health System (BSHSI). AUXILIO will implement its vendor neutral, strategic MPS program in 14 hospitals and multiple affiliated care and support locations in six states, saving BSHSI approximately $7 million over the course of the contract.
“We are honored to work with the caregivers and staff at this prestigious health institution to assist them in their goal of reducing costs through long-term volume reduction solutions and maximizing print process efficiencies through continuous process improvement techniques, said Joseph J. Flynn, President and CEO of AUXILIO. “From day one, our full-time, on-site print management specialists and technical support staff will focus on customizing a transformational print services program to meet the strategic goals of the Bon Secours Health System and its ministries.”
BSHSI is a $3.3 billion not-for-profit Catholic health system, sponsored by Bon Secours Ministries, that is widely recognized for providing outstanding patient care and consistently setting the standard in clinical excellence. It is headquartered in Marriottsville, MD, and owns, manages, or joint ventures a total of 19 acute-care hospitals, one psychiatric hospital, five nursing care facilities, four assisted living facilities, and 14 home care and hospice services. BSHSI has more than 22,000 employees and 10,000 physicians in New York, Maryland, Virginia, South Carolina, Kentucky and Florida, and was recently named a recipient of a 2012 Gallup Great Workplace Award which honors organizations for demonstrating ‘the most productive and engaged workforces in the world.’ AUXILIO will help advance that tradition by implementing its strategic print management program that has been distinguished in the MPS industry as “best-of-breed” for its distinct focus on business process transformation which “delivers greater value to the customer and goes beyond simply equipment sales or device consolidation.”
"AUXILIO’s unique approach to assisting us in better managing the assets and expenses of the print environments in our ministries is comprehensive and strategically meets our goal of controlling and driving down costs,” said David McCombs, Senior Vice President of Supply Chain, BSHSI. "We are confident of AUXILIO’s expertise and strategies in delivering operational excellence and savings as a true partner.”
AUXILIO has experienced unprecedented growth as the nation’s only independent health care exclusive MPS company. Its leadership position in the U.S. health care market has been earned by implementing comprehensive MPS solutions for hospitals that substantially decrease costs in the production of documents through its volume reduction methodologies and supply chain management. The company has been cited as a “true pioneer” in the MPS industry for health care organizations, and recognized for its “risk-free model, with no upfront costs and advanced skill and knowledge of EMR readiness strategies for health care” by Quocirca, a leading global research company.
About AUXILIO, Inc.
AUXILIO, Inc. is the pioneer of managed print services for the health care industry, working exclusively with hospitals and hospital systems throughout the United States. We are vendor independent and provide intelligent solutions, a risk free program and guaranteed savings. AUXILIO assumes all costs related to print business environments through comprehensive, streamlined and seamless integration of services at predictable fixed rates that are unmatched in the industry. We work collaboratively to assist our health care-partners in the delivery of quality patient care. The service and solutions provided by our on-site Centers of Excellence professional print strategy consultants deliver unparalleled customer service across the industry. For more information about AUXILIO, visit www.auxilioinc.com.
About Bon Secours Health System, Inc.
Bon Secours Health System, Inc., based in Marriottsville, Maryland, is a major not-for-profit Catholic health system that owns, manages, or joint ventures 19 acute care, five long-term care facilities, four assisted living facilities and other programs and facilities, primarily on the East Coast. Bon Secours Health System consists of more than 22,000 caregivers serving ten communities in six states. Its vision is to be a leader in Catholic health ministry reaching beyond tradition to liberate people’s potential and improve the communities it serves.
Forward Looking Statements
This release contains certain forward-looking statements relating to the business of AUXILIO, Inc. that can be identified by the use of forward-looking terminology such as ``believes,'' ``expects,'' “anticipates,” “may” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product/services development, long and uncertain sales cycles, the ability to obtain or maintain patent or other proprietary intellectual property protection, market acceptance, future capital requirements, competition from other providers, the ability of our vendors to continue supplying the company with equipment, parts, supplies and services at comparable terms and prices and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are available at http://www.sec.gov. AUXILIO, Inc. is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
I agree Frank Lind. The Managed Print Services business is a huge market and a huge opportunity for this company to make their mark. The key here is the fact that Auxilio is geared to saving hospitals $$$ and that is what hospitals are looking for.
It's just a matter of time and building up their network of hospitals in the pipeline.
Little late ,, what is 40 million?
Keep an Eye on AUXILIO
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earning coming $$$$$$$$$$$$$$$$$$$$
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