Tuesday Feb 07

Millions Saved Using VeBridge Imaging Services – Imaging Services

A client in manufacturing saved almost $200K on a single litigation incident
Our client engaged VeBridge to scan client, product and sales transaction records in the mid ‘90s. VeBridge captured their backfile and continued scanning their ongoing work. In 2008 they became involved in a lawsuit. They were required to produce over 750,000 pages of sales and warrantee information. Their law firm instructed them that it would cost over $200,000. Since all of their documentation was already scanned, VeBridge was able to filter and export the documentation and convert it to their law firm’s litigation software’s format. The total cost was under $15K, a savings of over $185,000.
A public utility credits their imaging project for over $1M in savings
After spending over $250,000 over two years on their imaging system, scanners and employee training, a large public utility had less than 10,000 pages of their 1,000,000 page backlog captured. No one was using the system. Their backlog of documents had grown over 40% in that time. VeBridge scanned their entire backlog in a matter of months for a fraction of what they had spent…and continues to process their ongoing work on a daily basis. After almost 10 years, they estimate their payback at well over a million dollars in DIRECT costs.
A healthcare client got out of a tough jam…and saved over $900K
This large medical practice purchased 6 scanners and staffed their operation based on production estimates provided by their imaging system sales person. After three months, they realized that it would take over six years to get caught up…which didn’t include KEEPING up. On top of that, their records storage area was being transformed to a patient treatment space in 90 days. They engaged VeBridge to get them caught up. Two months later, over 2.5 million pages of patient records were off the shelves and available in their EMR system.

 


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