Eastern NC academic health system partners with Premier on
strategic integration initiative
CHARLOTTE, N.C.--(BUSINESS WIRE)--
Vidant Health, a 1,447-bed academic health system in eastern North
Carolina, has partnered with Premier Inc. (NASDAQ: PINC), a leading
healthcare improvement company, on a multi-year agreement to access a
customized bundle of enterprise-wide performance improvement and supply
chain services, consulting and analytics offerings that will support its
efforts to advance quality and operational performance across its
organization.
“Serving more than 1.4 million people across eight hospitals, Vidant
brings advances in clinical care, education, research, community health
and prevention to the Premier alliance,” said Susan DeVore, president
and CEO of Premier. “They are a progressive health system with
award-winning medical facilities, and we look forward to supporting
their mission to provide patient- and family-centered care of the
highest quality.”
Vidant will access Premier’s group purchasing services, as well as
robust clinical, financial and operational data and analytics from the PremierConnect®
performance improvement platform. PremierConnect will enable Vidant to
standardize its data, examine care delivery utilization and variation
patterns, view clinician performance, compare outcomes, prioritize areas
of improvement, and understand the impact of value-based payment
policies across the continuum.
“Today’s healthcare environment continues to evolve, which is why it is
important that we remain focused on our goal of excellence,” said
Michael Waldrum, CEO of Vidant Health. “As we grow, we continue to align
our academic and community programs to best serve people throughout
Eastern North Carolina. With next-generation analytics, seasoned experts
and its vast network of healthcare stakeholders, we believe Premier will
help us accelerate to excellence by developing the future-focused skills
and competencies needed to succeed in value-based payment models and
improve health across the region.”
Vidant will also engage Premier’s industry-leading
consultants in a total clinical, financial and operational
improvement effort to advance efficiencies and high-quality care across
its organization.
“Academic health systems have a unique responsibility to provide
exceptional patient care, while at the same time effectively educating
healthcare professionals and constantly innovating,” said Andrew
Ziskind, MD, senior vice president of academic health system strategy at
Premier. “With a strong history of value-based care delivery and a focus
on population health, Vidant has a wonderful opportunity to advance
those goals across their system. We welcome Vidant to the alliance and
intend to exceed their enterprise-wide transformational expectations.”
Vidant is a member of America’s Essential Hospitals, which represents
more than 300 hospitals dedicated to caring for the vulnerable and
training the nation’s healthcare workforce. Premier has an exclusive
partnership with America’s Essential Hospitals to drive new advances
in care quality, costs and population health at essential hospitals.
The financial terms of the enterprise-wide agreement were not disclosed.
The partnership is not expected to materially impact Premier’s fiscal
2018 financial results.
About Vidant Health
Vidant Health is a mission-driven, 1,447-bed health system that annually
serves more than 1.4 million people in 29 eastern North Carolina
counties. The not-for-profit system is made up of 12,000 employees,
eight hospitals, home health, hospice, wellness centers, and Vidant
Medical Group, a multi-specialty physician and provider group with more
than 420 providers in more than 80 practice sites in eastern North
Carolina. Vidant is affiliated with The Brody School of Medicine at East
Carolina University. As a major resource for health services and
education, Vidant has a mission to improve the health and well-being of
eastern North Carolina. For more information, visit www.vidanthealth.com.
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 Twitter, Facebook, LinkedIn, YouTube, Instagram 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 Vidant Health’s anticipated use of Premier’s
supply chain and 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.
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Source: Premier Inc.