The nation’s leading Managed Print Services (MPS) company for health care, today announced the release of a white paper for health care executives wanting to capture significant savings through supply chain initiatives that reduce print-related expenses and inefficiencies in a hospital’s document production processes.
The white paper, entitled “MINDING THE STORE: Hospital Supply Chain Executives Should ‘Think Print’ to Drive Down Costs and Inefficiencies”, provides important and timely industry research about the millions of dollars in waste hospitals and hospital systems incur each and every year as a result of unnecessary printing and an unmanaged document production process. The white paper also examines the reasons why forward-thinking hospitals are adopting comprehensive, vendor neutral Managed Print Services (MPS) programs as a proven strategy to streamline a hospital’s print environment in order to control costs, maximize efficiencies, reduce volume and integrate technology and devices to ensure maximum interoperability.
“The cost of supplies and services is second only to the cost of labor for hospitals and represents nearly half of the average hospital’s operating budget,” said Joseph J. Flynn, president and chief executive officer of CynergisTek. “As a result, hospital executives have targeted the supply chain as a primary source to achieve much-needed cost reductions without sacrificing the quality of patient care. Products and services, most notably those related to document production, are the low-hanging fruit that can effectively be streamlined through a vendor-independent MPS program, which can reduce spending by upwards of 20%, improve operational efficiencies and lead to overall improved business health for health care organizations.”
As the only vendor neutral, health care exclusive MPS company in the country, CynergisTek provides full-time, on-site teams of customer service and technical representatives to its hospital customers. It is at the forefront of providing specialized knowledge of hospital print environments that ensures cost reduction through continuous process improvements and strategies to reduce the production of documents substantially. Since December 2011, the company has doubled the number of hospitals in its national portfolio and provides its services to thousands of affiliated clinical and administrative facilities. The newly designed business development strategy and structure will expand upon its reach in the U.S. health care industry and provide rapid response to the growing interest by hospital administrator in its MPS program that will save in excess of $70 million for its current hospital customers over the next three to five years.
About CynergisTek, Inc.
CynergisTek, Inc. is the pioneer of managed print services for the health care industry, working exclusively with hospitals and hospital systems throughout the United States. We are vendor independent and provide intelligent solutions, a risk free program and guaranteed savings. CynergisTek assumes all costs related to print business environments through customized, streamlined and seamless integration of services at predictable fixed rates that are unmatched in the industry. We work collaboratively to assist our health care-partners in the delivery of quality patient care. The service and solutions provided by our on-site Centers of Excellence professional print strategy consultants deliver unparalleled customer service across the industry. For more information about CynergisTek, visit https://cynergistek.com.
Forward Looking Statements
This release contains certain forward-looking statements relating to the business of CynergisTek, Inc. that can be identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “may” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product/services development, long and uncertain sales cycles, the ability to obtain or maintain patent or other proprietary intellectual property protection, market acceptance, future capital requirements, competition from other providers, the ability of our vendors to continue supplying the company with equipment, parts, supplies and services at comparable terms and prices and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are available at http://www.sec.gov. CynergisTek, Inc. is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.