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The pioneer in Managed Print Services (MPS) for the health care industry, announced a five year, $5 million agreement with Memorial Health System (MHS) in Colorado Springs, CO to implement its MPS program to cut costs and maximize efficiencies to the print infrastructure of the System’s three hospitals and affiliated clinical and support facilities. MHS has over 650 beds, 950 physicians and is one of the largest employers in Colorado Springs with over 4,100 employees.
“We are proud to be working with Memorial Health System to implement our unique print management solutions program that guarantees savings through improved process efficiencies,” said Joseph J. Flynn, President and CEO, CynergisTek. “By centralizing costs, right-sizing equipment, managing supplies and uncovering hidden expenses in the print environment through our continuous process efficiency strategy, Memorial Health System is guaranteed to reduce costs. Our full-time, on-site Resident Team of customer service and technical personnel will also free up the hospitals’ IT staff to concentrate on advanced infrastructure projects.”
“We are very excited about this partnership and the savings opportunities for Memorial,” said Mike Scialdone, Chief Financial Officer for MHS. “The CynergisTek program will help us become more effective and cost-efficient with our overall print services.”
The MPS agreement is a result of the effective joint marketing alliance between CynergisTek and Sodexo, a leading global provider of Quality of Life Service Solutions, which focuses on saving hospitals money and resources and improving staff productivity and satisfaction in their business and operational practices. “CynergisTek’s MPS comprehensive strategy is providing millions of dollars in savings and advanced process efficiencies for hospitals across the country,” said Pat Connolly, COO of Healthcare for Sodexo. “As our partnership continues, we expect more hospitals in our portfolio of over 1,300 in the U.S. to reap the benefits from CynergisTek’s cost-cutting print solutions programs that increase the quality of the work environment for employees. We are pleased to be able to offer Memorial Health System this tremendous MPS program as we continue our work with this prestigious institution that serves thousands of people in the State of Colorado.”
The growing demand for hospitals to reduce costs, increase efficiencies and comply with electronic health records (EHR) mandates is precisely aligned with CynergisTek’s MPS strategy which also includes providing full-time MPS customer service and technical personnel on site. Hospitals across the country seek out its unique MPS solutions that are health care exclusive and vendor neutral, and guarantee savings through its continuous print process improvement methodologies. The company has achieved 100 percent customer retention as the preferred MPS company at over 650 health care entities, including acute and specialty care hospitals and hospital systems, administrative and support offices, and other medical and clinical care facilities.
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.
Sodexo, Inc. (www.sodexoUSA.com), a member of Sodexo Group, is a leading provider of Comprehensive Service Solutions serving more than ten million customers daily in corporations, health care, long term care, retirement, schools, higher education, government and remote sites. Headquartered in Gaithersburg, Md., Sodexo, Inc. operates in the U.S., Canada and Mexico, with $7.7 billion (USD) in annual revenue and 120,000 employees. The Sodexo Foundation (www.SodexoFoundation.org) is an independent charitable organization that, since its founding in 1999, has made more than $12.7 million in grants to fight hunger in America. Visit the corporate blog at www.sodexoUSA.com/blog.
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.