Auxilio (OTC BB: AUXO) provides complete document workflow solutions and IT security to healthcare organizations across the United States. Auxilio’s team takes a holistic approach by combining strategy, security and intelligence into every detail of its customers’ document life cycle.
The outcome of this approach is a complete analysis of what is being printed and why its being printed. This crucial piece of information drives change by removing waste, optimizing document workflows, securing PHI and greatly reducing costs.
Since 2004, Auxilio has lead the healthcare managed print services market and as the needs of its customers have changed with the implementation of Electronic Health Records (EHR), Auxilio has expanded its services to address how hospitals operate today and in the future with consulting, Print as a Service, Print Fleet Security and software solutions.
With a growing national portfolio of over 220 hospitals covering more than 2,500 affiliated medical, clinical and administrative support facilities, Auxilio is the only vendor neutral document solutions company in the U.S. that is dedicated solely to hospitals and hospital systems. Auxilio it is at the forefront of providing specialized knowledge of urgent care print environments that ensures cost reduction, (EHR) optimization and provides continuous process improvement methodologies to reduce volume substantially. Due to its unique approach and proprietary database technology, Auxilio has penetrated the healthcare market and has earned the confidence of some of the nation’s most prestigious multi-hospital systems including Trinity Health (multi-state), Bon Secours Health System (multi-state), Sharp HealthCare in California, University of California San Diego Medical Center, Yale-New Haven in Connecticut and others. Auxilio’s scalable infrastructure positions the company to capture demand as the healthcare industry seeks best practice solutions to reduce costs by better managing their assets and expenses in their business operations. Auxilio is the recipient of the 2011 and 2012 Managed Print Services Association Leadership Award for its “strategic creativity and operational excellence” in its delivery of document production and process management, solutions and savings for its customers.
In 2014, Auxilio acquired Delphiis, a cybersecurity professional services firm and in 2015, acquired Redspin, a technical assessment and penetration testing company. Both are focused in healthcare. The addition of these two companies have expanded Auxilio’s services at a critical time when more data breaches are reported in a highly regulated healthcare industry. The two companies have combined resources under the name Redspin and have helped more than 150 hospitals, 1,000 clinics and numerous Business Associates become HIPAA compliant and protect PHI through cyber threat assessment and risk and compliance services.
Auxilio trades on the Over the Counter Bulletin Board under the ticker symbol “AUXO.”
The Company’s CUSIP is 05334N
The Company’s common stock can be purchased through any registered broker-dealer.
The Company does not declare dividends on shares of its common stock at this time.
As of March 31, 2016, there were 24.5 million shares of common stock issued and outstanding.
The Company does not have a direct stock purchase plan at this time.
Historically, the Company holds its annual stockholder meeting in May of each calendar year.
As of December 2016, approximately 285.
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