A new software partnership for Malvern-headquartered Ricoh Americas Corp. aims to speed up the digital heartbeat of modern hospitals and save both time and money along the way.

Ricoh’s recently-announced deal with Levi, Ray & Shoup, Inc.. will bring its VPSX solution to hospitals and other organizations to “ensure that critical data gets to important decision-makers in a timely manner,” according to the release, published on ThomasNet.

“Healthcare organizations spend millions of dollars on medical applications to produce critical data to make more informed and effective decisions,” Ricoh Vice President of Healthcare Patrick Braun said in the article. “But if that information doesn’t make it to the appropriate decision-maker in a timely manner, patients could be at risk.

VPSX automates this work, formatting, tracking, monitoring and managing output to help ensure the right people get this information at the right time in the correct format. As such, it’s another important element of delivering information mobility to our clients.”

If the past performance of previous LRS clients translates over to Ricoh, the company’s software investment could be in for “a three-year return on investment of 384 percent and a payback period of less than five months.”

For Ricoh, the savings would be realized by streamlining printers that output “patient ID wristbands; barcode stickers for lab samples; financial and lab reports; HCFA, CMS and NHS forms; patient dietary orders; treatment notes; patient charts; insurance submissions and more.”

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Top photo credit: Army Medicine via photopin cc