TECSYS Doubles Number of Health Systems Using its Solution to Optimize Supply Chains and Improve Patient Outcomes

AHRMM 2014, August 4, 2014 — TECSYS Inc. (TSX: TCS), the leading provider of supply chain management solutions for health systems, today announced that it has doubled the number of healthcare organizations using TECSYS over the last two years as organizations reduce costs through improving efficiency and service delivery by optimizing their supply chain.

Robert Colosino, Vice-President of Marketing & Business Development at TECSYS commented: "With today’s challenges, every health system executive needs to transform their organization to an efficient network that consistently provides quality care wherever the patient is. They want to take costs out of their supply chain while improving the quality and safety of the service they provide. Over the last ten years we have demonstrated that through optimizing their supply chains, health systems can achieve great success improving patient care in ways they never thought possible. Over the last two years, twice as many health systems executives have stepped forward and have asked us to help them transform their organization. Those who did take that step have realized their vision and now control their own supply chain destiny, from source to patients, and in the process saved millions of dollars directly to their bottom line."

Recently, two additional health systems selected TECSYS to help realize their strategic vision of transforming their healthcare organisations through technological innovation and best practices to achieve improved excellence in patient care. The two health systems include:

  1. A leading healthcare provider in the southern United States; the organization brings together outstanding clinicians, advanced technology and leading research to ensure that their patients receive the highest quality and safest care possible. With over 1,500 licensed beds, 11,000 employees and 60,000 admissions per year, this health system is the largest in the state. Their size allows them to pool their resources and share cost and service efficiencies, accelerating their ability to improve care to patient throughout the state.
  2. The second is a regional health system with close to 1,800 licensed beds, 3,000 physicians and more than 14,000 employees. In addition to its hospitals, the organization has over 50 community-based care, medical and family practice facilities, nursing centers and home care services. The organization is a regional and national leader in providing healthcare services and is consistently recognized for their contributions to improving healthcare through quality and safety initiatives as well as technological innovations.

TECSYS equips health systems to transform their operations into a transparent, efficient and optimized supply chain network through to point of care. Clinicians can dedicate their time to patient care, while behind the scenes TECSYS’ health system-specific software solutions ensure on-time delivery of supplies for patient-centric care.


About TECSYS

TECSYS provides transformative supply chain solutions that equip our customers to succeed in a rapidly-changing omni-channel world. TECSYS solutions are built on a true enterprise supply chain platform, and include warehouse management, distribution and transportation management, as well as complete financial management and analytics. Customers running on TECSYS' Supply Chain Platform are confident knowing they can execute, day in and day out, regardless of business fluctuations or changes in technology, they can adapt and scale to any business needs or size, and they can expand and collaborate with customers, suppliers and partners as one borderless enterprise. From demand planning to demand fulfillment, TECSYS puts power into the hands of both front line workers and back office planners, and unshackles business leaders so they can see and manage their supply chains like never before.

TECSYS is the market leader in supply chain solutions for health systems and hospitals. Over 600 mid-size and Fortune 1000 customers trust their supply chains to TECSYS in the healthcare, service parts, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.

Contact



Forward Looking Statements

The statements in this web site relating to matters that are not historical fact are forward looking statements that are based on management's beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that TECSYS Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of TECSYS Inc., which could cause actual results to differ materially from such statements. More information about the risks and uncertainties associated with TECSYS Inc.'s business can be found in the MD&A section of the Company's annual report and annual information form for the fiscal year ended April 30th, 2015. These documents have been filed with the Canadian securities commissions and are available on this Web site and on SEDAR .

Copyright © TECSYS Inc. 2016. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.