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TMCNet:  Auxilio Provides Business Update and Outlook

[September 01, 2010]

Auxilio Provides Business Update and Outlook

Sep 01, 2010 (Close-Up Media via COMTEX) -- Auxilio, a managed print services (MPS) company for the health care industry, released a strategic progress review of the past 12 months, and its business model and outlook.

In an August 26 release, Auxilio reported that for the past 12 months the company has focused on aligning its offering, technology, sales and marketing strategy to meet the evolving needs of the health care industry and has signed five contracts worth an estimated $25 million to $30 million. The contracts include three long-term renewal agreements and two new long-term agreements, including a multi-year contract with one of the largest hospital systems in the world.

The following summarizes company contracts signed in the past twelve months. They are listed in descending chronological order by date.

-Johns Hopkins Health System (JHHS) in Baltimore, Maryland, announced July 2010. This new customer agreement is for five years, and was developed through the company's marketing alliance with Sodexo.

-Palisades Medical Center in North Bergen, New Jersey (an affiliate member of the New York Presbyterian Healthcare System), announced January 2010. This new customer agreement is for three years, and was developed through the company's marketing alliance with Sodexo.

-St. Joseph Hospital in Orange, California, announced May 2010. St. Joseph Hospital, Orange has been an Auxilio customer since 2005 and this agreement extended the relationship for five years.

-Huntington Memorial Hospital in Pasadena, California, announced September 2009. Huntington Memorial Hospital has been an Auxilio customer since April 2004 and this agreement extended the relationship for another three years.

-Saint Alphonsus Regional Medical Center (SARMC) in Boise, Idaho, announced August 2009. SARMC has been an Auxilio customer since 2007 and this agreement extended the relationship for another five years.

As part of its new business development strategy, Auxilio further noted it offers target hospitals a detailed assessment of their print infrastructure and services, including copy, print, fax and scan, and evaluates the opportunity to transform their print environment, generate savings of up to 30 percent and maximize productivity. There is no charge to the prospective customer for this assessment.

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