Case Study: Fresenius Medical Care saves $60M in headquarters consolidation with VergeSense

Fresenius Medical Care saves $60M with VergeSense

Fresenius Medical Care, a healthcare provider, faced the challenge of consolidating its North American headquarters to reduce costs. They lacked reliable data to make this decision, as manual observation studies and department leader feedback were ineffective. To address this, they turned to VergeSense and its occupancy intelligence platform.

Using VergeSense analytics, Fresenius discovered one of their headquarters buildings had an average utilization of only 20%. This data gave them the confidence to not renew the lease on that building, resulting in total cost avoidance of $60 million over 10 years, or $6 million annually. VergeSense also helped them validate that the consolidated space was correctly sized without negatively impacting the employee experience.

Fresenius Medical Care