Combines supply and pharmaceutical spend, outcomes and usage patterns
with peer comparisons for data-driven, evidence-based care delivery
decisions
CHARLOTTE, N.C.--(BUSINESS WIRE)--
Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company,
has launched an automated data analytics solution for healthcare
providers that integrates supply chain and pharmaceutical spend,
utilization and clinical outcomes data for efficient, evidence-based
care delivery decisions.
Driven through the PremierConnect® cross-functional
performance improvement platform, PremierConnect Service Line Analytics
helps health system leaders quickly pinpoint high-value opportunities to
generate savings while maintaining or improving quality. The solution
simultaneously analyzes point-of-use care delivery patterns from a
financial, utilization and clinical outcomes perspective, and benchmarks
the information with peer organizations to identify areas of unjustified
variation.
“With cost burdens outpacing reimbursement, there’s an incredible
incentive to look closely at higher-cost practices and to do so
quickly,” said Greg Strohs, MBA, RPh, Corporate Director of Pharmacy at
Adventist Health System. “This solution allows us to get utilization
data – not just purchase data – with a couple of clicks of the mouse. We
can easily provide answers for our leaders in finance, supply chain and
other areas on changes in utilization that can impact outcomes and
spend. It is the fastest tool we have to measure the impact of our
pharmacy initiatives on drug utilization.”
The Service Line Analytics solution taps PremierConnect’s rich data
source, with 40 percent of U.S. hospital discharges and more than $50
billion in provider spend information, to create a snapshot of clinical
and financial practices. For example, health system leaders can assess
the efficiency and efficacy of antimicrobial stewardship programs by
delving into prescribing practices. They can also examine the investment
value of high-cost implants for orthopedic and spine surgery based on
the clinical outcomes compared to other facilities with a similar
patient mix.
Premier Service Line Analytics can be used by health system leaders
across multiple departments.
-
Clinical leaders: Combines clinical outcomes data with pharmacy
and operating room supply costs to identify high-value opportunities
on expensive products with nominal quality. The data highlights
details around clinician prescribing practices as leaders look to
provide evidence-based feedback to frontline providers.
-
Supply chain leaders: Understand impact of resource utilization
on patient outcomes and assess alternative therapies, with ability to
view potential savings over time.
“Being a highly efficient organization is a cost and quality equation,”
said Leigh Anderson, chief information officer at Premier. “What’s
unique about our solution is that it is able to pinpoint meaningful care
variation opportunities by automatically integrating Premier’s existing
quality benchmarking capabilities with point-of-use and supply-chain
datasets. Paired with a physician-driven care transformation model, this
helps health systems realize and sustain performance improvement
initiatives – critical capabilities in today’s value-based economy.”
Premier recently received five Best
in KLAS awards for having the broadest operational and clinical
impact on healthcare organizations. Premier data, services and
technologies, such as PremierConnect Service Line Analytics, are being
showcased this week on February
20-23 at HIMSS in booth #5571. Attendees are invited to demo the
solutions and interact with Premier experts to learn more.
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/20170220005198/en/
Source: Premier Inc.