SOMERSET, N.J., Aug. 30 /PRNewswire-FirstCall/ -- TeamStaff, Inc. , one of the nation’s leading providers of healthcare staffing and specialty payroll services, today announced that its medical staffing division, TeamStaff Rx, has entered into a strategic alliance with New York-based RINGO, LLC. Under the terms of the parties’ agreement, TeamStaff Rx will implement RINGO, LLC’s software technology, “RINGO,” to support TeamStaff Rx’s Vendor Integration Program (VIP) and to support its “one stop shop” strategy to meet its clients’ overall staffing needs.
TeamStaff’ Rx’s President, Tim Nieman, commented, “Healthcare staffing clients increasingly are seeking a one-stop provider of temporary healthcare personnel, whether they be allied or nursing, travel or per diem. RINGO, LLC, will help us deliver best-practices operational efficiency as well as better quality and reduced overall cost both directly and through our alliance-based service offerings. For quite some time, TeamStaff Rx has been known as a best-in-class provider of allied healthcare personnel for long-term, temporary travel assignments. Now, TeamStaff Rx clients can conveniently and confidentially submit personnel requests, process timecards, access virtual real time reporting, view credentialing file uploads, and view budget approval and spend reporting from the comfort of their desktop through a single system, even while multiple vendors are being accessed through the TeamStaff Rx VIP program.”
Kent Smith, TeamStaff’s President and CEO, commented, “We have been particularly impressed with RINGO’s ease of use and highly configurable functionality set. We believe it puts a user friendly tool at our clients’ fingertips and allows them objective service metrics, cost control and streamlined processes. We expect that both current and prospective clients will welcome this additional technology to substantially improve their operational efficiency and monitor and control their temporary medical staffing costs. TeamStaff Rx continues to demonstrate that it can develop effective strategic tools and expand its service offering for both current and prospective clients.”
Jeanine L. Bondi, Managing Partner of RINGO, LLC, added, “TeamStaff Rx sought out a technology platform designed specifically to help organizations get maximum return on their staffing investment. Companies already using RINGO have realized a 16% to 20% reduction over prior years’ staffing spending. We are confident that TeamStaff Rx clients using RINGO as their VMS platform will benefit through cost savings, economies of scale, and overall operational efficiencies.”
About RINGO, LLC
RINGO, LLC is the 2004 winner of the Long Island Software Awards (LISA). The program recognizes excellence in a wide range of software products based on a product’s function, technology and impact on the market.
RINGO, LLC’s proprietary product, “RINGO,” provides organizations with an effective tool for online workforce procurement, tracking temporary workforce usage and maintaining historical data to make informed decisions regarding staffing budgets and allocations. Nearly 25 hospitals and 60 corporations are among the client users accessing the RINGO platform. RINGO has a niche specialty area serving the healthcare community and its clinical focus incorporates features that specifically assist hospitals and facilities with temporary staffing operations, while complying with JCAHO standards; however, it is not limited to healthcare environments. RINGO also serves other vertical markets such as consumer products, professional services and business-to-business sales organizations.
For more information, visit the RINGO website at http://www.goringo.com/. About TeamStaff, Inc.
Headquartered in Somerset, New Jersey, TeamStaff serves clients and their employees throughout the United States as a full-service provider of payroll and medical staffing solutions.
TeamStaff Rx provides medical allied health professionals and nurses to doctors’ offices and medical facilities throughout the United States on a temporary or permanent basis and offers programs and services designed to assist medical facilities in managing their temporary staffing costs. DSi Payroll Services, TeamStaff’s payroll processing division, provides customized payroll management and tax filing services to select industries, such as construction and general contracting.
For more information, visit the TeamStaff web site at http://www.teamstaff.com/.
This press release contains “forward-looking statements” as defined by the Federal Securities Laws. TeamStaff’s actual results could differ materially from those described in such forward-looking statements as a result of certain risk factors, including but not limited to: (i) regulatory and tax developments; (ii) changes in direct costs and operating expenses; (iii) the estimated costs and effectiveness of capital projects and investments in technology infrastructure; (iv) ability to effectively implement its business strategies and operating efficiency initiatives, including, but not limited to, its business strategy for TeamStaff Rx; (v) the effectiveness of sales and marketing efforts, including TeamStaff’s marketing arrangements with other companies; (vi) changes in the competitive environment in the temporary staffing and payroll processing industry; (vii) the favorable or unfavorable development of workers’ compensation claims covered under TeamStaff’s workers’ compensation programs; and (viii) other one-time events and other important factors disclosed previously and from time to time in TeamStaff’s filings with the U.S. Securities and Exchange Commission. These factors are described in further detail in TeamStaff’s filings with the U.S. Securities and Exchange Commission.
For TeamStaff, Inc.: TeamStaff, Inc. CCG Investor Relations 300 Atrium Drive 15300 Ventura Boulevard, Suite 303 Somerset, NJ 08873 Sherman Oaks, CA 91403 (732) 748-1700 (818) 789-0100 T. Kent Smith, President & CEO Crocker Coulson Partner For RINGO, LLC: RINGO, LLC 330 South Service Road; Suite 120 Melville, New York 11747 (631) 574-4938 Jeanine L. Bondi, Managing Partner
TeamStaff, Inc.
CONTACT: T. Kent Smith, President & CEO of TeamStaff, Inc.,+1-732-748-1700; or Crocker Coulson, Partner of CCG Investor Relations,+1-818-789-0100, for TeamStaff, Inc.; or Jeanine L. Bondi, Managing Partner ofRINGO, LLC, +1-631-574-4938
Web site: http://www.goringo.com/
Web site: http://www.teamstaff.com/
