Vereco, Inc.

Vereco, Inc. is a managed print services provider that specializes in delivering tailored printing solutions for healthcare organizations, enhancing operational efficiency and reducing costs associated with printing. Founded in 2011, Vereco, Inc. operates from Mission Viejo, US, and focuses on providing managed print services to healthcare institutions.

The company has completed one significant deal, with the most recent occurring on September 11, 2018. Jeff Felton serves as the CEO, steering the company towards its strategic goals in the healthcare sector. Vereco Healthcare Solutions, Inc. specializes in providing comprehensive managed print services specifically tailored for healthcare organizations.

Their core offerings include solutions for printing device acquisition, management, and cost control, allowing healthcare providers to streamline their printing operations. By addressing the challenges of reliability, uptime, and user satisfaction, Vereco enables healthcare professionals—such as doctors, nurses, and administrative staff—to focus on patient care rather than print-related issues. Their services are designed to meet the unique needs of healthcare clients across the United States, serving over 300 hospitals and 4,000 physical locations, including behavioral health clinics in all 48 contiguous states. Since its establishment in 2004, Vereco has positioned itself as a trusted partner in the healthcare sector, providing solutions that enhance workflow efficiency and reduce unnecessary expenses associated with printing.

Vereco’s revenue model primarily revolves around B2B transactions, focusing on long-term partnerships with healthcare organizations. The company engages in a direct service model, providing managed print services under a subscription-based pricing structure, which includes ongoing support and maintenance. Flagship offerings such as the Workstation on Wheels (WOW) service program are designed to enhance operational efficiency in healthcare settings. Clients typically enter into agreements that encompass device management, consumables supply, and regular maintenance, facilitating predictable budgeting for print-related costs.

The revenue derived from these contracts is structured to align with the specific needs of healthcare providers, ensuring that Vereco's solutions are both cost-effective and impactful in supporting the delivery of patient care. In September 2018, Stella Point Capital invested in Vereco, Inc. , although the financial terms of the transaction were not disclosed. The funding is expected to support the development of new products tailored for healthcare operations, aimed at increasing service efficiency.

The company plans to expand its reach into new markets, particularly targeting regions that are currently underserved in managed print services. Specific timelines for these initiatives have yet to be disclosed, but the focus remains on enhancing capabilities to better serve healthcare providers across the United States.