Hospitals Can Increase Profits by Using Patent to Slice Print Costs

Hospitals still rely on printing, whether it is for marketing new services or for patient intake forms. In fact, hospitals will spend 3% to 5% of their operating revenues on printing, especially through outside suppliers or management firms. Therefore, significant reductions in print costs will produce a signficant increase in profits.

(PRWEB) November 30, 2005 -- The e-LYNXX Corporation today announced it is offering its patented method and a customized Private Print Management Network to assist healthcare firms cut 40% more from their printing costs.

The patent covers an innovative procurement methodology that permits the Patented Financial Controls division of e-LYNXX to guarantee a 40% savings on the cost of printing bought with outside vendors. In essence, the patent provides e-LYNXX with ownership of the rights to the computer-driven practice of matching the manufacturing capabilities and other attributes of a print supplier to individual job specs, such that print buyers can now obtain competitive pricing based on their suppliers' open production capacity. Conversely, those suppliers are now able to obtain greater job opportunities to fill available time in their production schedule without added marketing and sales costs.

"Hospital print buyers are always trying to overcome the so-called 'iron triangle' of timeliness, quality, and price, where one element is inevitably sacrificed to obtain the other two," according to e-LYNXX Division President Kevin Long. "Under the real-world use of our patent, buyers can consistently obtain all three ingredients on each customized purchase of a print job."

Long adds that the business model that was patented provides the best overall solution not only to manage the complete print procurement process but also to deliver on its promise to save hospitals significant amounts of money.

A free article to help CFO's of hospitals better understand the significance that cutting costs on print will have on the bottom line is available by visiting www.patentedfinancialcontrols.com/?Opening=Hospital.

About Patented Financial Controls

Patented Financial Controls (www.PatentedFinancialControls.com) offers an automated workflow and communication network for efficient print process management with a guaranteed 40% cost savings comparing apples to apples. It is one of three divisions of the e-LYNXX Corporation, whose business group also includes Government Printing Sales (www.GovernmentPrintingSales.com) and Printing Industries Consulting (www.PrintingIndustriesConsulting.com). Organizations interested in gaining more information and assistance from any of e-LYNXX divisions can call toll-free 888-876-5432, or visit www.e-LYNXX.com.

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