How GreenTek Helps a Client Create a $180K Recurring Upside—While Remaining HIPAA Compliant

When most companies consider ITAD services, they often see it as an expensive necessity for upgrading hardware and disposing of old equipment. However, with the right ITAD partner, you can generate significant cost savings and even drive revenue. Discover how a health system achieved a recurring $180K in annual benefits by changing ITAD vendors—and why they’ve stayed with GreenTek for more than 9 years!

A nonprofit health system with more than 20,000 employees was incurring substantial expenses on ITAD services, spending approximately $100K annually to dispose of outdated IT assets. They had to cover every cost—from asset pickup to inventorying, data erasure, and hard drive shredding fees—without any discounts. Every conceivable ITAD fee was included in their bill.

Despite the high costs, their ITAD vendor refused to offer onsite services for inventorying, data erasure, and shredding. This posed a significant concern, as the health system’s IT assets contained millions of sensitive patient records. Offsite processing introduced unease among senior leadership and posed real legal, financial, and reputational risks.

Moreover, without onsite supervision, there was no guarantee that the IT equipment was repurposed or recycled correctly according to standards and laws. This uncertainty left the health system wondering if they might face regulatory fines due to improper handling of the assets.

With rising costs and mounting risks, the health system began searching for a new ITAD vendor.

Eager to find a more effective solution, the health system initiated conversations with several ITAD providers, including GreenTek. They required a vendor with R2v3 Certification, $5M cyber liability and pollution insurance policies, as well as compliance with HIPAA requirements. This stringent criteria eliminated many contenders.

Leveraging their experience with clients having similar detailed ITAD needs, the GreenTek team quickly devised a superior plan. GreenTek crafted a customized solution to address the health system’s ITAD service costs while offering additional benefits.

After presenting the proposal, GreenTek was selected as the ITAD vendor, ready to transform the health system’s IT budget, risk management, and environmental stewardship.

Within just three months, GreenTek made a significant impact on the health system’s IT operations, eliminating $100K in annual ITAD service costs—a substantial and swift result.

Additionally, GreenTek extended the lifespan of 60% of the 500 weekly assets through repair and refurbishment, which reduced hardware spending and environmental impact.

However, cost savings weren’t the only reason for the switch. To meet compliance and data security concerns, GreenTek built a custom mobile lab for onsite, supervised ITAD services, ensuring HIPAA compliance at every step. Weekly, GreenTek handles all inventory, data erasure, and hard drive/SSD shredding alongside client team members, providing data destruction documentation and extensive reporting.

Adding to their peace of mind, GreenTek holds extensive insurance policies to shield clients from liability. The most exciting benefit? What was once a hefty cost is now a revenue-generating opportunity. Annually, the health system earns $80K from the IT assets GreenTek repurposes or recycles for them, bolstering their IT budget and offsetting new equipment investments.

In total, GreenTek helps this health system drive a recurring $180K in upside every year!

Nearly 10 years later, GreenTek Solutions continues to partner with this growing nonprofit health system, adding significant value to their IT operations with a safe, reliable, audited, and cost-effective ITAD solution. “GreenTek is a professional company to work with,” says the health system’s IT Director. “They arrive on time and pick up equipment fast…GreenTek goes out of their way to accommodate different requests.”

This dedication to consistent quality and service allows GreenTek to partner with clients across the US, driving cost savings and revenue growth while ensuring legal compliance and meeting environmental standards.

Want to discover how much money switching to GreenTek can save—or generate—for your business? Contact our team for a detailed analysis and recommendations.