Premier Inc (PINC): 29.61 +0.50 +1.72% Volume: 1,138,032 December 15, 2017

OU Medical Center Expands Partnership with Premier Inc.

November 6, 2017

Academic health system working with Premier to advance highly reliable care

CHARLOTTE, N.C.--(BUSINESS WIRE)-- OU Medical Center, part of Oklahoma’s largest and most comprehensive academic health system, has signed a multi-year agreement with Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, to access performance improvement technology solutions and services that support advances in highly reliable care.

With three academic hospitals, including the state’s largest and most comprehensive children’s hospital, as well as OU Medical Center Edmond, OU Medical Center has the state’s largest physician group and encompasses almost every adult and child specialty. In expanding its partnership with Premier, OU Medical Center has joined the QUEST® 2020 quality improvement collaborative, which connects providers with peers, evidence-based practices and data, and will use clinical data and analytics in the PremierConnect® performance improvement platform. This engagement complements OU Medical Center’s access to Premier’s clinical surveillance solution, powered by TheraDoc®, which it has benefited from since 2011.

“OU Medical Center is committed to advancing state-of-the-art patient care, research and medical education,” said Andrew Ziskind, MD, senior vice president of academic health system strategy at Premier. “We look forward to accelerating the application of advanced clinical analytics and care delivery best practices to support OU Medical Center in improving the health of the region.”

As a new member of QUEST 2020, OU Medical Center joins hundreds of hospitals across the country that are focused on designing, testing and spreading new advances across the continuum. OU Medical Center also will use PremierConnect quality improvement data and analytics to examine clinician performance, compare outcomes with peers, prioritize areas of improvement and understand the impact of value-based payment policies across its health system. PremierConnect also provides access to communities that virtually connect providers, enabling them to share insights in real time.

The financial terms of the agreement were not disclosed. The partnership is not expected to materially impact Premier’s fiscal 2018 financial results.

About OU Medical Center
OU Medical Center is Oklahoma’s largest and most comprehensive hospital dedicated to defining medicine with cutting-edge treatments and working toward solutions for each patient, every time. The 350-bed hospital provides services not offered elsewhere in the state, including Oklahoma’s only Level I Trauma Center. It provides a full range of heart care services at OU Medicine Cardiovascular Institute, the state’s premier center for treating cardiac and vascular patients. It offers the highest level of care for stroke patients when “time is brain,” and provides unmatched neurology and neurosurgery services ranging from the diagnosis and treatment of epilepsy to advanced keyhole and awake brain surgeries. The hospital also offers cancer care working alongside Stephenson Cancer Center, including a Gamma Knife Center for treating brain tumors that can’t be treated by conventional methods and a Blood and Bone Marrow Transplant Program. It has the most experienced organ transplant team in the state at the Oklahoma Transplant Center. The hospital is also on the cutting edge of orthopedics treatment with the largest orthopedics team in the state. As part of OU Medicine, find out more about OU Medical Center on Facebook, Twitter, Instagram and YouTube and at www.oumedicine.com/oumedicalcenter.

About The Children’s Hospital at OU Medical Center
The Children’s Hospital at OU Medical Center has 314 inpatient beds and is the most comprehensive pediatric hospital in the state. It is a hospital just for kids. Its pediatric staff blends years of specialized pediatric training with education, research and technology to treat conditions ranging from cardiothoracic and oncology-related illnesses to neonatal specialty care and pediatric solid-organ transplants. Its 93-bed neonatal intensive care unit provides the highest level of neonatal care in Oklahoma. Children’s Heart Center brings cutting-edge research, treatment and surgery to patients with congenital and acquired heart conditions. It has the state’s largest staff of child life specialists to help children and families cope with hospitalization. Along with being the only 24/7 pediatric emergency room in Oklahoma City, MetroFamily Magazine readers have twice voted its ER as the favorite in the metro. To learn more, visit www.oumedicine.com/childrens and find us on Facebook.

About OU Medical Center Edmond
A cornerstone of the Edmond community for 70 years, OU Medical Center Edmond is a full-service community hospital located at Second Street and Bryant Avenue. The 76-bed facility offers patients clinical excellence in services ranging from emergency care to surgical procedures. Outpatient services include cutting-edge diagnostic imaging, a cardiac catheterization lab and outpatient physical rehabilitation programs. The Autumn Life Center for Geriatric Behavioral Health is Edmond’s only inpatient behavioral health program and is recognized for its innovative therapy programs. For more information, visit www.oumedicine.com/edmond and find us on Facebook, Twitter and YouTube.

About Premier Inc.
Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of approximately 3,900 U.S. hospitals and health systems and approximately 150,000 other providers and 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 TwitterFacebookLinkedInYouTubeInstagram and Premier’s blog for more information about the company.

Forward-looking statements
Matters discussed in this release that are not statements of historical or current facts, such as OU Medical Center’s anticipated use of Premier’s performance services at expected levels, as discussed herein, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Premier to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. Forward-looking statements may include comments as to Premier’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside Premier’s control. More information on potential factors that could affect Premier’s financial results is included from time to time in the “Forward-Looking Statements,” “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Premier’s periodic and current filings with the SEC and available on Premier’s website at investors.premierinc.com. Forward-looking statements speak only as of the date they are made. Premier undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date.

Source: Premier Inc.

Premier Inc.

Morgan Guthrie, 704-816-4152

Morgan_Guthrie@PremierInc.com

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