Academic hospital expands Premier relationship, adding
enterprise-wide performance improvement services and physician practice
management analytics
CHARLOTTE, N.C.--(BUSINESS WIRE)--
Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company,
has expanded its partnership with the University of Louisville Hospital
(UofL Hospital), an academic teaching and research hospital, and the
University of Louisville Physicians (ULP), the largest, multi-specialty
physician practice in Louisville.
UofL Hospital and ULP have added operational
transformation services and physician
practice performance management analytics, building on their access
to robust clinical and financial data and analytics from the
PremierConnect® performance improvement platform.
“This extended work will further empower key decision makers from UofL
Hospital and ULP with holistic, trusted data, insights and expertise,”
said Leigh Anderson, President of Performance Services at Premier. “We
are hyper-focused on helping them advance efficiencies and improve
clinical outcomes by optimizing operational and financial performance
across the organization. We look forward to continuing to support their
efforts to bring cost-effective, cutting-edge care to every patient.”
As part of the agreement, UofL Hospital and ULP will engage Premier’s
industry-leading consultants for expertise and tech-enabled insights to
improve quality, patient and staff satisfaction, and financial
performance in a total clinical and operational transformation effort.
“Each day, we strive to remain focused on our mission of providing
high-value care to our community,” said Ken Marshall, Chief Executive
Officer at UofL Hospital. “We believe Premier’s next-generation
analytics, coupled with its seasoned experts in supply chain, workforce
optimization and physician services, will support our strategy to
achieve excellence in quality, cost and patient experience.”
The financial terms of the agreement were not disclosed. The partnership
is not expected to materially impact Premier’s fiscal 2019 financial
results.
About University of Louisville Hospital (UofL Hospital)
UofL Hospital, an academic teaching and research hospital, is at the
heart of the Louisville Metro area in downtown Louisville. UofL Hospital
offers a second-to-none cancer center, world-renowned trauma team and a
uniquely streamlined, nationally accredited stroke center – the latest
innovations in a history of world-class care. For more information visit https://uoflhospital.org/.
About University of Louisville Physicians (ULP)
ULP is the largest multi-specialty physician practice in Louisville with
more than 78 sub-specialties, 110 locations, 1,200 dedicated staff
professionals and more than 900 primary care and specialty physicians.
The group's physicians are professors and researchers with the
University of Louisville School of Medicine, teaching tomorrow’s
physicians and leading research into innovative medical advancements.
For more information, go to www.uoflphysicians.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 UofL Hospital’s and UofL Physicians’s
anticipated use of Premier’s performance and supply chain 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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Premier Inc.
Morgan Guthrie, 704-816-4152
Morgan_Guthrie@PremierInc.com
Source: Premier Inc.