Transforming Healthcare Together
Premier Inc. is a healthcare improvement company uniting an alliance of approximately 4,350 U.S. hospitals and health systems and more than 300,000 other providers and organizations.
We are the right GPO partner for hospitals like yours.
As an industry leader, Premier has created one of the most comprehensive databases of actionable data, clinical best practices and efficiency improvement strategies. Our unparalleled technology and real-world insights provide the framework for agile, member-led co-innovation, where we help you at every level of healthcare, together. From the interception of antibiotic-resistant infections with at-risk patients, introducing supply chain sophistication and simplification strategies, to approval processes and curing illnesses faster, our real-world evidence can help you every step of the way.
99 percent of C-suite members agree they’re better positioned for the future with Premier, and having been named one of the World’s Most Ethical Companies® by Ethisphere® 16 years in a row, we are proven and committed to helping your health system thrive for the long term.
“Premier is an ideal strategic partner in the market for supply chain services, and we believe they are uniquely positioned to manage our operations and employees with the winning combination of market leading, price-competitive contracts, automation technologies and data-driven insights. Together with Premier, we will drive operational excellence across our integrated health system, enabling us to stay relentlessly focused on achieving our vision to create the most equitable and frictionless healthcare experience in the world.”
- Susan Green, Chief Financial Officer, Tufts Medicine
Premier's commitment to co-innovation with our members results in resourceful solutions that benefit everyone. For instance, a new contract automation tool created to meet the needs of one large health system activated more than 800 contracts and saved more than 30 hours of manual data entry. Premier was able to enable contract stakeholders to automate what has historically been a highly manual process, helping to drive rapid synchronization, accuracy and employee satisfaction.
“Since I started using this tool, I’ve been able to reduce the time needed to activate new contracts by 95 percent.”
- health system operations leader
Healthcare Purchasing Improvements Result in Significant Reduction of Price Discrepancies and Invoice Exceptions for Adventist Health
We Want to Work With You, Because We Believe We’re the Right Partner
Working with Premier, an accelerated contract ramp (averaging seven months versus 14+) means speed-to-value – and 100 percent of new Premier members see at least 20 percent more contract compliance after switching to Premier. This translates to increased savings and revenue.
As a trusted Group Purchasing Organization partner, Premier provides flexibility and will work with your organization to develop the right mix of contracts from a robust national portfolio, high compliance programs or locally negotiated agreements to help you achieve desired results on day one – without sacrifices to product quality or your bottom line. Our Group Purchasing Organization is expansive and provides offerings that meet your needs.
“The shortage was an unanticipated, major challenge for us. Premier was central to our success – providing insights into the shortage’s anticipated duration, options to bolster the supply chain and strategies implemented at other medical centers. This helped us know that we were not alone in dealing with the crisis and helped us take steps to deliver optimal care during a trying time.”
– Ralph R. “Ron” Clark, M.D., Chief Medical Officer, VCU Health System
Pharmacy
Premier’s Pharmacy Contracting Subcommittee and National Pharmacy Committee looked closely at the strategy employed when awarding suppliers in the 2022 generic pharmacy bid – delivering aggregate total savings of $96.5 million (or 15.9 percent) for members. We have successfully resolved 15 drug shortages in the last three years and are committed to investing in organizations that bring new, domestic products to market while having voluntarily shared fill-rate data with the U.S. Food and Drug Administration to mitigate further shortages.
Foodservice
Premier's Foodservice Program leads the industry with over $7 billion in contracted volume, setting a standard for unparalleled savings compared to competitors. As the exclusive distribution partner for US Foods, we take pride in being their sole-source distributor, ensuring seamless service and top-notch quality. With a member-driven portfolio boasting over 120,000 unique SKUs, product decisions are made by a committee of foodservice member peers, ensuring that our offerings align perfectly with our members' needs and aspirations.
Purchased Services
With a trend in business to leverage more outsourced functions, enterprise success becomes increasingly reliant on third-party services. We power supply chains by seamlessly integrating AI-driven analytics, marketplace insights, express contracting negotiation strategies and proven category expertise for third-party contracts.
Co-Management
Sometimes, the best process improvement is to let someone else manage it. We tailor supply chain management and procurement practices to support hospital operational efficacy and financial goals by providing high-quality, cost-effective staffing solutions. Our mission is simple: to deliver sustainable savings and lasting efficiencies through custom engagements with guaranteed outsourcing arrangements.
Continuum of Care
Premier is supporting healthcare providers on the care continuum with a dedicated purchasing program and experts, technology-driven supply chain tools, artificial intelligence (AI)-backed surveillance solutions and by advocating for necessary legislative reform.
Test the Water – Try Our GPO-Agnostic Predictive Technology
Recently named the 2023 Heartbeat of Healthcare Supply Chain Supplier Award winner, the PINC AI™ Supply Disruption Manager pinpoints when critical products and supplies are anticipated to become unavailable – and it enables providers to identify and source clinically appropriate alternatives to avoid patient care delays.
With more than 20 years’ worth of cost, quality and operational data gleaned from 45 percent of U.S. hospital discharges, 812 million hospital outpatient and clinic encounters, and 131 million physician office visits, the PINC AI™ platform provides actionable intelligence to help improve outcomes, support improved financial performance and enable success in new, alternative payment models.
Predict Risk
- Know when the products your health system needs are anticipated to become unavailable.
- Equip your team with predictive technology for the ability to understand where shortages are going to occur.
Identify Alternatives
- Identify supplies that are at risk and understand the level critical to operations.
- View key substitution options and their level of risk.
Save Time and Resources
- Save time and resources through partnership with Premier, enabling clinically appropriate alternatives.
- Gain the peace of mind that your hospital or health system is prepared for times of uncertainty.
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