Premier, Inc. Partners with CommonSpirit Health to Achieve Operational Excellence
January 28, 2020 at 09:01 am EST
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Premier, Inc. partnered with CommonSpirit Health to achieve operational excellence as it undergoes the complex integration of its newly-merged health system, which was formed through the alignment of Catholic Health Initiatives (CHI) and Dignity Health in February 2019. This new partnership will allow CommonSpirit Health to tap into Premier’s comprehensive offerings. While historically CHI has used Premier’s performance improvement technologies and services and Dignity Health has accessed Premier’s supply chain services, CommonSpirit Health will be fully converting to Premier’s group purchasing organization and will leverage Premier technology and a focused team of experts to strengthen and accelerate the execution of a clinically integrated supply chain. Premier experts will help lead the optimization of insights and solutions derived from its performance improvement technology and analytics. By integrating CommonSpirit Health’s supply, pharmacy and purchased services spend with clinical utilization trends and outcomes, Premier will pinpoint operational and clinical alignment improvement opportunities with the largest return on investment while maintaining optimal patient outcomes. The partnership is not expected to materially impact fiscal year 2020 financial results.
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.
PREMIER, INC. 
