University of Louisville Hospital Partners with Premier Inc. to Drive High-Value Care
January 08, 2018 at 08:03 am
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The University of Louisville Hospital has partnered with Premier Inc. to drive high-value care delivery using Premier’s customized bundle of enterprise-wide performance improvement and supply chain services and analytics offerings. The only Level 1 trauma center in the region, UofL Hospital includes the UofL Brown Cancer Center, with teams specializing in treating cancers of the central nervous system and a nationally accredited stroke center. UofL Hospital’s multi-year agreement with Premier includes access to Premier’s group purchasing services, as well as robust clinical and financial outcomes data and analytics from the PremierConnect® performance improvement platform. These analytics also complement UofL Hospital’s access to Premier’s clinical surveillance solution, powered by TheraDoc®, which it has used since 2008. Leveraging Premier’s comprehensive performance improvement and supply chain services, UofL Hospital will be able to safely drive reductions in the cost of care, examine care delivery utilization and variation patterns, compare outcomes against peers, understand and optimize performance under value-based purchasing, and prioritize areas for next generation performance improvement.
Premier, Inc. is a healthcare improvement company uniting an alliance of approximately 4,350 United States hospitals and health systems and approximately 300,000 other providers and organizations. It operates through two segments: Supply Chain Services and Performance Services. The Supply Chain Services segment includes the Companyâs group purchasing organizations (GPO), supply chain co-management, purchased services, and direct sourcing activities. The Performance Services segment consists of three sub-brands, which include PINC AI, the Companyâs technology and services platform; Contigo Health, the Companyâs direct-to-employer business; and Remitra, the Companyâs digital invoicing and payables business. It delivers technology-enabled platform that offers critical supply chain services, clinical, financial, operational and value-based care software as a service (SaaS) as well as clinical and enterprise analytics licenses, consulting services, and third-party administrator services.