$AUXO Bot this one $4.40 Just above 20 day
Post# of 4851
$4.40 Just above 20 day
Website
Diligence sheet
3/10/16 Auxilio Wins $12.5 Million Print as a Service Contract
with Prestigious University Medical Center
Five-Year Agreement Includes Customized Program
for Strategically Managing High-Volume Print Environment
Viejo, CA – March 10, 2017 – Auxilio, Inc. (NYSE MKT: AUXO), a leading provider of complete document workflow solutions and IT security services for the healthcare industry, today announced a five-year, approximately $12.5 million contract with a 1,000-bed prestigious teaching hospital located in the Central United States.
Under the terms of the contract, Auxilio will deliver a next-generation Managed Print Service (MPS) program, otherwise known as Print-as-a-Service (PRaaS), which provides a scalable and customizable service that enables healthcare providers to strategically manage their high-volume print environments by driving operational efficiencies and addressing security vulnerabilities. The service level agreement aims to improve operational efficiency through leveraging Auxilio’s printer break/fix, toner, support, device refresh and consolidation services.
“Our goal is to drive out costs, saving up to 50% over five years for the university medical center. Our priority is streamlining the fragmented print environment and then introducing workflow solutions to transform document processes to digital workflows and implement a security strategy to protect PHI found on devices, the network and printed documents,” said Sean Hughes, EVP of Operations.
“This contract is the latest evidence of the growing demand for our comprehensive, service-oriented programs that deliver deep insights into the document life cycle to reduce print, improve workflow efficiency and enhance security at healthcare organizations,” said Joseph J. Flynn, CEO of Auxilio
Auxilio’s PRaaS offering provides hospitals the ability to choose the level of service needed. Its flexible PRaaS plans range from toner management and break/fix to an innovative solution that analyzes document workflow and security to optimize and manage the document processes. With the recent acquisition of CynergisTek, an industry leader in health information privacy, compliance and cybersecurity consulting, Auxilio can now offer its healthcare clients integrated document and device security solutions that reduce risk and deliver long-term value.