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Lexmark wins five-year managed print services contract with leading Australian pediatric hospital
 
01/01/2007

Lexmark wins five-year managed print services contract with leading Australian pediatric hospital 
 
LEXINGTON, Ky. - 12/18/2006 

Lexmark International, Inc. (NYSE: LXK) has signed a new five-year contract with The Children's Hospital at Westmead, a leading pediatric hospital in Australia, to help further improve patient care processes by increasing productivity and reducing costs.

Lexmark has been working with The Children’s Hospital at Westmead for the past five years and has reduced the hospital’s print infrastructure costs by more than 33 percent and consolidated the number of copy and print devices by more than 50 percent. Lexmark has also reduced the number of service vendors required to maintain the hospital's printing fleet from 10 to two to help simplify its output management and reduce costs.

The new contract expands on Lexmark's past success and focuses on helping The Children’s Hospital at Westmead further improve its patient care services by providing additional patient safety measures, such as color photos and bar codes on patient wristbands to aid patient identification and help prevent errors. It also includes the installation of 260 new Lexmark printers and multifunction devices.

Lexmark’s solutions will improve workflow for hospital staff, reducing complicated, multi-step processes to the touch of an icon and allowing staff to quickly complete critical tasks such as patient admissions and pharmacy requests. These solutions will help ensure accurate information is transmitted to help prevent errors and will also give staff more time to spend directly with patients.

“Lexmark has invested a significant amount of time and effort into understanding our specific needs and providing recommendations that fulfill them,” said Michael Dickinson, IT projects and business planning unit manager for The Children’s Hospital at Westmead. “Our ultimate goal is to continue to discover ways to better care for our patients, and Lexmark continues to work with us in achieving that goal."

"The Children's Hospital at Westmead has taken a very progressive and strategic approach to managing the cost and performance of its output, and we are very pleased that the hospital continues to look to Lexmark as a strategic partner in helping achieve new levels of productivity," said Paul Rooke, Lexmark executive vice president and president of its Printing Solutions and Services Division.

About The Children’s Hospital at Westmead
The Children’s Hospital at Westmead is the largest, highly respected paediatric centre in New South Wales (NSW), providing excellent care for children from NSW, Australia and across the Pacific Rim.  Established in 1880, a stand alone public hospital and registered charity with 3,000 staff in 150 departments, The Children’s Hospital at Westmead serves over 50,000 sick children and their families each year in a family-focused healing environment.

Funded by the NSW Government, The Children’s Hospital at Westmead provides significant extra services aided by the generosity of individual and corporate donors. For more information, visit www.chw.edu.au.

About Lexmark
Lexmark International, Inc. (NYSE: LXK) provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2005, Lexmark reported $5.2 billion in revenue and employed more than 13,000 people globally. Learn how Lexmark can help you get more done at www.lexmark.com.

Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries.  All other trademarks are the property of their respective owners.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this release which are not historical facts are forward-looking and involve risks and uncertainties, including, but not limited to, aggressive pricing from competitors and resellers, market acceptance of new products and pricing programs, production and supply difficulties including disruptions at important points of exit and entry and distribution centers, supplies consumption, management of the company’s and resellers’ inventory levels, market conditions, the impact of competitors’ products, unforeseen cost impacts including those as a result of new legislation, litigation or actions taken to maintain a competitive cost and expense structure, increased investment to support product development and marketing, the ability and/or incremental expense to produce and deliver products to satisfy customer demand, competition in aftermarket supplies, changes in a country’s or region’s political or economic conditions, currency fluctuations, China’s revaluation of its currency,  financial failure or loss of business with a key customer, reseller or supplier, conflicts among sales channels, the outcome of pending and future litigation or governmental proceedings, intellectual property and other legal claims and expenses, difficulties or delays in software and information systems implementations, and other risks described in the company's Securities and Exchange Commission filings. The company undertakes no obligation to update any forward-looking statement.
 

 
 
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