“With our strong market presence, we are well positioned to become one of the industry’s leading health care communications companies,” said John King, president of Standard Register’s health care business unit, in a statement.
Standard Register’s health care business unit serves more than 1,700 hospitals, including 450 technology customers, with digitally delivered patient information, officials said.
In March, Standard Register announced that it will build a $10 million “national center of excellence” for digital printing, kitting and distribution in Jeffersonville, Ind.
“There is tremendous opportunity to shift from a print-centric model to a balanced technology and services model,” said Joseph P. Morgan Jr., president and chief executive of Standard Register. “We will leverage our existing intellectual resources and recruit to add to our innovation capabilities.”
Standard Register has 523 Dayton employees and about 2,180 employees total.
Shares of Standard Register (NYSE: SR) closed Friday at $2.97, down 2 cents.
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