Monday, November 29, 2010

Auxilio Inc. (AUXO.OB) is “One to Watch”

Auxilio Inc. is the nation’s leading Managed Print Services (MPS) company focused on the health care industry. They work exclusively with hospitals, hospital systems, and associated clinical and administrative facilities. The Company is vendor independent and provides intelligent solutions, a risk free program, and guaranteed savings. Auxilio Inc. has their headquarters in Mission Viejo, California.

Most health care administrators are uncertain as to the total volume of documents being produced in their facilities. Most are also unsure of how much is spent, and how many various print related vendors they pay annually. Auxilio Inc. is the only nationwide health care exclusive MPS company that delivers customized print strategies and solutions through their proprietary systems, designs, and technology.

The Company offers hospitals a detailed assessment of their print infrastructure and services. This includes 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. This assessment is comprehensive and can take several weeks. Once they determine they can provide substantial savings on print services costs, Auxilio commits to provide that health care facility with a customized and systemic print architecture and suite of services at a guaranteed lower price.

The Company also provides leadership and expertise to support the health care industry’s shift from paper files to electronic records management. Auxilio masterminds the systemic fleet deployment infrastructure of a customer’s print-related processing equipment, such as copy machines, printers, scanners, and faxes, to maximize workflow efficiency and workforce productivity. This includes negotiating equipment leases and sourcing equipment as needed.

Auxilio assumes all costs related to print business environments via customized, streamlined, and seamless integration of services at predictable fixed rates. They work in partnership to assist their customers in the delivery of quality patient care. The Company provides service and solutions through their on-site Centers of Excellence professional print strategy consultants.

Auxilio Inc.’s commitment is to uncovering hidden costs and improving process in managed print services for hospitals. They pioneered the way forward as the country’s only health care exclusive and vendor independent print strategy company. They accomplished this by originating sustainable print management methodologies and developing best business practices to capture unknown savings in hospital copy, print, fax, and scan environments.

Their business model is to work collaboratively with hospital executives to reach cost-effective agreements with no upfront fees or unseen risks down the line. Auxilio is dedicated to bringing transparency to costs and maximizing staff productivity through transformative print strategies.

In late August, Auxilio Inc. reported that they are experiencing accelerated new business and revenue. They have signed several contracts since 2009 including Johns Hopkins Health System (JHHS) in Baltimore, Maryland. This new customer agreement is for five years, and was developed through the Company’s marketing alliance with Sodexo.

They also signed a contract with Palisades Medical Center in North Bergen, New Jersey (an affiliate member of the New York-Presbyterian Healthcare System). This new customer agreement is for three years, and was developed through the Company’s marketing alliance with Sodexo.

In addition, they signed a contract with St. Joseph Hospital in Orange, California. St. Joseph Hospital, Orange has been an Auxilio customer since 2005 and this agreement extended the relationship for five years.

Furthermore, they signed a contract with Huntington Memorial Hospital in Pasadena, California, announced September 2009. Huntington Memorial Hospital has been a customer of the Company since April 2004 and this agreement extended the relationship for another three years. Auxilio also signed a contract with 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.

Last month, Auxilio announced a three-year $3.5 million MPS contract with New York Hospital Queens (NYHQ). New York Hospital Queens is a member of the NewYork-Presbyterian Healthcare System and is an affiliate of Weill Medical College of Cornell University. The contract is the Company’s first contract in the New York City market and second MPS contract awarded in the State of New York this year.

Earlier this month, Auxilio announced an expansion of their MPS contract with Sutter Health’s California Pacific Medical Center (CPMC) to include the remainder of Sutter’s West Bay Region. This includes Sutter Medical Center of Santa Rosa, Sutter Lakeside Hospital, Sutter Novato Medical Campus, and the Sutter Pacific Medical Foundation.

About QualityStocks:

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: