Auxilio Signs Five-Year Managed Print Services Contract With One of the Nation's Largest Health Systems, Largest Contract in Company's History Includes Expansion Into the Midwest
MISSION VIEJO, CA--(Marketwired - Mar 18, 2015) - Auxilio, Inc. (OTCQB: AUXO), a leading provider of Managed Print Services (MPS) and IT Security Consulting for the healthcare industry, announced today a five-year contract for Managed Print Services with one of the largest health systems in the United States after it merged with an existing Auxilio customer.
The contract extends and expands Auxilio's services agreement with the entities currently under contract. The expansion of services is expected to generate more than $50 million in revenue over the next five years. The system's coast-to-coast coverage across 21 states expands Auxilio's footprint into the Midwest, an area where the company previously had no presence.
This contract is the largest in Auxilio's history and confirms the distinguished leadership position the company has earned in the U.S. healthcare industry through its unique vendor neutral MPS solution methodology. Its proven approach to cutting costs by improving operational efficiencies related to document production and information sharing in modern hospitals is completely unique in this industry.
"We are honored to have been chosen by this distinguished health provider to implement our cost-saving MPS across their entire system, including both caregivers and administrators," said Joseph J. Flynn, President and CEO of Auxilio. "We have a proven track record of providing the highest standards of excellence for our customers. This contract solidifies our ability to guarantee cost efficiencies and process improvement methodologies in a health system with a true nationwide presence allowing caregivers to focus on what's important, the patient. In conjunction with recent wins, this provides us with visibility to deliver meaningful growth during the next 2 years," continued Mr. Flynn.
The demand for hospitals to reduce costs through increased operational efficiencies is precisely aligned with Auxilio's MPS strategy and the reason so many top health systems nationwide have chosen Auxilio as their provider. Auxilio's ability to execute a system-wide managed print strategy is unmatched in the industry, creating long-term sustainable volume reduction in the print infrastructure while improving end-user productivity.
About Auxilio, Inc.
Since 2004, Auxilio has led the Managed Print Services industry by offering an innovative and customer-driven approach for healthcare organizations. Auxilio takes full responsibility for healthcare customers' on-site print environment through situation assessment, process analysis, strategy development and program implementation. Hospitals and health systems benefit from streamlined and aligned processes and infrastructure that result in print management programs that reduce cost, increase employee productivity and meet and exceed patient care standards.