ITHACA, N.Y., May 5, 2010 (GLOBE NEWSWIRE) -- The CBORD Group, Inc., the leading provider of cashless card systems to healthcare facilities, is pleased to announce that Thomas Jefferson University Hospitals, Inc. (TJUH) in Philadelphia will be the first healthcare organization to partner with CBORD® Off-Campus Commerce Programs, utilizing UGryd®, the industry-leading transaction processing host at the heart of CBORD Off-Campus Commerce Programs. Using this technology, TJUH badge holders will be able to use their ID badge to make purchases at participating merchants surrounding the hospital.
The Hospital's Department of Nutrition & Dietetics chose CBORD because of the company's expertise with off-campus solutions. CBORD is the market leader in this industry with a successful track record of running off-campus merchant programs in colleges and universities across the country. TJUH, which supports over 27,000 students and employees and operates 24/7, wanted to expand and extend food service offerings. With limited space available, they looked for a nontraditional solution. Working with CBORD, they agreed on a plan to use local merchants to extend their food service program. By expanding the capabilities of their ID badge, TJUH will increase the meal options available to employees and students beyond the dining services currently provided by the Department of Nutrition & Dietetics. In addition, partnering with local merchants is a move that will strengthen their relationship with the neighborhood.
"We have had a number of merchants ask if they can be a part of this program, and we are looking forward to signing them up and having a successful launch," says Steven McCollick, Systems Coordinator, Business Operations, Department of Nutrition & Dietetics at Jefferson. "By implementing CBORD's central server technology, as well as tapping CBORD's knowledgeable customer service for our merchant base, we feel we can succeed with this and continue to expand. We first thought of doing this on our own, but we soon realized that the administrative burden would be overwhelming."
"We are pleased that we could offer a turnkey solution for TJUH to expand their options for staff and students, all while delivering the convenience of using one card for their needs," says Shawn McCarthy, Managing Director, CBORD Off-Campus Commerce Programs. "The flexibility of our UGryd platform allows CBORD to sign merchants up for this program and quickly show the benefits to the merchants and the TJUH community. With our state-of-the-art UGryd processing platform and our real-time online management tool tracking each dollar, participating merchants have complete insight into sales cycles. In addition, our daily ACH settlement aids with cash flow and account reconciliation on a timely basis."
About The CBORD Group
The CBORD Group, Inc., operates as a unit of Roper Industries, Inc. (NYSE:ROP). Roper Industries is a market-driven, diversified growth company and is a constituent of the Fortune 1000, the Russell 1000, and the S&P 500 indices. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency, and research/medical applications.
The CBORD Group serves healthcare facilities, colleges and universities, chain restaurants, supermarkets, continuing care facilities, corporations, and a host of other market segments. CBORD's products are used in food service, catering, nutrition services, online ordering, cashless dining, campus ID card privilege control, access control, integrated security, housing services, and other institution-wide activities. The CBORD Group serves more than 6,000 clients in the U.S., Canada, Europe, South Africa, the Middle East, New Zealand, and Australia.
The CBORD Group was founded in 1975. Today it employs more than 450 professionals. To learn more about CBORD, visit us at www.cbord.com.