Scored highest in value-based care and financial improvement
CHARLOTTE, N.C.--(BUSINESS WIRE)--
Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company,
is the highest
overall rated organization in a new healthcare consulting report
released today by KLAS, an industry research firm.
KLAS’s 2016
Healthcare Management Consulting report, the first of its kind,
rated the performance of healthcare organizations and their solutions by
collecting direct feedback from the providers that use them. Premier
achieved an overall score of 95.6 – the highest of all companies
featured in the report – for healthcare management consulting. In
addition, Premier received the highest scores in the subcategories of
value-based care and financial improvement. The report noted that
Premier services have helped providers achieve improved efficiency,
workflows and cost savings, and access insights from peers regarding
best practices and benchmarking.
“Premier is extremely proud to be recognized as the leader in delivering
valuable solutions to providers during this time of change in
healthcare,” said Kelly Rakowski, senior vice president of advisory and
collaborative services, Premier. “We remain deeply committed to
continually engaging with our members to transform healthcare as their
trusted partner in cost and quality improvement and population health
management.”
KLAS reported that Premier uses a collaborative approach to deliver
strategic guidance and significant, tangible outcomes. Premier was also
the highest-rated company for providing strategic expertise, depth of
insight and innovative solutions and methodology. Additionally,
healthcare providers commended Premier for its range of performance
improvement tools, from education to analytics, which are tailored to
meet their unique needs.
Value-Based Care
Premier achieved a score of 96.1 for providing value-based
care consulting services to improve quality and patient care, reduce
population risk, and deliver better patient outcomes and experiences. Of
the three subcategories within the report, value-based care is by far
seeing the most activity.
Premier has extensive experience in helping providers implement
value-based payment models. This includes a 100 percent success rate in
helping providers apply for the Centers for Medicare & Medicaid Services
(CMS) Medicare Shared Savings (MSSP) and Next Generation Accountable
Care Organization (ACO) programs. In addition, Medicare ACOs
participating in Premier’s Population Health Management Collaborative outperform
their peers in achieving shared savings and quality improvement by a
margin of nearly two to one. Premier is also the only organization that
holds the 2015/2016 Best in KLAS title for Value-based
Care Advisory Services for having the broadest operational and
clinical impact on healthcare organizations.
Financial Improvement
Premier achieved a score of 95.5 for helping providers improve financial
performance by reducing costs, increasing net revenues and improving
efficiency. Providers rated Premier the highest for its financial and
clinical performance improvement, cost reduction and efficiency
improvement services.
Strategy, Growth & Consolidation
Premier achieved a score of 97.8 for helping healthcare organizations
achieve organic expansion and acquisitions, enhance integration between
providers and payers and improve their ability to leverage growth
strategies. Premier achieved high marks for its guidance on ambulatory
surgery center strategy, medical staff development planning, strategy
planning and product line development, acquisition transition support,
and medical group contracting.
Using clinical insights on 40 percent of U.S. hospital discharges,
forward-thinking performance improvement collaboratives and $48 billion
in annual purchasing data, Premier
consultants work to meet the needs of healthcare providers as
embedded partners through onsite assessments, one-on-one coaching,
collaborative groups, 24/7 on-demand data tools and virtual education.
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here.
About Premier Inc.
Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company,
uniting an alliance of approximately 3,750 U.S. hospitals and more than
130,000 other provider organizations. With integrated data and
analytics, collaboratives, supply chain solutions, and advisory and
other services, Premier enables better care and outcomes at a lower
cost. Premier, a Malcolm Baldrige National Quality Award recipient,
plays a critical role in the rapidly evolving healthcare industry,
collaborating with members to co-develop long-term innovations that
reinvent and improve the way care is delivered to patients nationwide.
Headquartered in Charlotte, N.C., Premier is passionate about
transforming American healthcare. Please visit Premier’s news and
investor sites on www.premierinc.com;
as well as Twitter,
Facebook,
LinkedIn,
YouTube,
Instagram
and Premier’s
blog for more information about the company.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161201006109/en/
Source: Premier Inc.