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The health care industry’s leader in Managed Print Services (MPS), announced a contract valued at approximately $35 million over five years with Bon Secours Health System (BSHSI). CynergisTek will implement its vendor neutral, strategic MPS program in 14 hospitals and multiple affiliated care and support locations in six states, saving BSHSI approximately $7 million over the course of the contract.
“We are honored to work with the caregivers and staff at this prestigious health institution to assist them in their goal of reducing costs through long-term volume reduction solutions and maximizing print process efficiencies through continuous process improvement techniques, said Joseph J. Flynn, President and CEO of CynergisTek. “From day one, our full-time, on-site print management specialists and technical support staff will focus on customizing a transformational print services program to meet the strategic goals of the Bon Secours Health System and its ministries.”
BSHSI is a $3.3 billion not-for-profit Catholic health system, sponsored by Bon Secours Ministries, that is widely recognized for providing outstanding patient care and consistently setting the standard in clinical excellence. It is headquartered in Marriottsville, MD, and owns, manages, or joint ventures a total of 19 acute-care hospitals, one psychiatric hospital, five nursing care facilities, four assisted living facilities, and 14 home care and hospice services. BSHSI has more than 22,000 employees and 10,000 physicians in New York, Maryland, Virginia, South Carolina, Kentucky and Florida, and was recently named a recipient of a 2012 Gallup Great Workplace Award which honors organizations for demonstrating ‘the most productive and engaged work forces in the world.’ CynergisTek will help advance that tradition by implementing its strategic print management program that has been distinguished in the MPS industry as “best-of-breed” for its distinct focus on business process transformation which “delivers greater value to the customer and goes beyond simply equipment sales or device consolidation.”
“CynergisTek’s unique approach to assisting us in better managing the assets and expenses of the print environments in our ministries is comprehensive and strategically meets our goal of controlling and driving down costs,” said David McCombs, Senior Vice President of Supply Chain, BSHSI. “We are confident of CynergisTek’s expertise and strategies in delivering operational excellence and savings as a true partner.”
CynergisTek has experienced unprecedented growth as the nation’s only independent health care exclusive MPS company. Its leadership position in the U.S. health care market has been earned by implementing comprehensive MPS solutions for hospitals that substantially decrease costs in the production of documents through its volume reduction methodologies and supply chain management. The company has been cited as a “true pioneer” in the MPS industry for health care organizations, and recognized for its “risk-free model, with no upfront costs and advanced skill and knowledge of EMR readiness strategies for health care” by Quocirca, a leading global research company.
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 comprehensive, 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.
About Bon Secours Health System, Inc.
Bon Secours Health System, Inc., based in Marriottsville, Maryland, is a major not-for-profit Catholic health system that owns, manages, or joint ventures 19 acute care, five long-term care facilities, four assisted living facilities and other programs and facilities, primarily on the East Coast. Bon Secours Health System consists of more than 22,000 caregivers serving ten communities in six states. Its vision is to be a leader in Catholic health ministry reaching beyond tradition to liberate people’s potential and improve the communities it serves.
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.