By Ken Nagy, CFA
On September 3, 2013, Auxilio, Inc. (AUXO), the Mission Viejo, California based Managed Print Services (MPS) company for the health care industry, announced an expanded MPS contract with Sutter Health East Bay Region.
The five-year contract deepens Auxilio’s penetration in California’s health care industry and includes Alta Bates Summit Medical Center, Eden Medical Center, Sutter Delta Medical Center, and the Sutter East Bay Medical Foundation.
The contract with Sutter Health East Bay expands AUXILIO’s footprint in the Sutter Health network of affiliates which now includes seven hospitals and two medical foundations, representing over 2,000 beds and more than 17,000 employees.
Auxilio operates on-site in 22 states throughout the nation representing more than 26,000 patient beds in over 85 hospitals.
Likewise, the company has a national portfolio of long-term contracts representing hospitals, health care systems and affiliated clinical and administrative support offices that consist of over 100 facilities.
The Auxilio’s MPS offerings continue to be in high demand as health care systems and hospitals increasingly search for solutions to reduce costs and enhance efficiencies.
Additionally, the continued trend of high levels of consolidation within the healthcare industry should work to the company’s advantage.
As healthcare systems consolidate and become larger, the need to streamline cost and increase efficiencies also grows, presenting a strong demand driver for Auxilio’s MPS solutions.
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By Ken Nagy, CFA