Blood and blood products are crucial, life-saving commodities used in a wide range of medical procedures, including for cardiac and orthopedic surgeries, trauma care and chronic medical conditions. However, blood is also expensive, where one unit can total up to nearly $1,000, and every transfusion can increase risk of extended length-of-stay, morbidity and mortality.

Particularly with the magnifying glass now on healthcare costs, these are dollars that no health system can afford to waste. A new Premier benchmarking report finds hospitals are making significant strides to optimize blood use and outlines strategies and solutions providers can use to implement successful blood utilization programs.

Premier Inc. (Nasdaq: PINC) is a healthcare performance improvement alliance of approximately 3,000 U.S. hospitals and 110,000 other providers. Our mission is simple: To improve the health of communities.
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