Mission/Vision
10 - 30 year goal
Premier’s owners will be the leading healthcare systems in their markets, and, with them, Premier will be the major influence in reshaping healthcare.
Interested in becoming a Premier member?
Contact us at 877.777.1552 or
solutioncenter@
premierinc.com.
What Premier is
Serving more than 2,000 U.S. hospitals and more than 50,000 other healthcare sites, the Premier healthcare alliance and its members are transforming healthcare together. Nearly 200 hospitals and health systems created and entirely own the Premier alliance. Premier’s core purpose is “To improve the health of communities.”
Why Premier exists
Premier brings nationwide knowledge to improve local healthcare. It does this by collecting and analyzing clinical and financial data from its member hospitals, organizing Committees of members to make decisions and set direction for the Alliance, sponsoring seminars and conferences, and sharing best practices. By doing so, Premier unites a fragmented, chaotic and inefficient healthcare system to enable hospitals to provide patients with reliably high-quality healthcare at the lowest cost. Premier uses facts to determine the best practices and products that drive the best patient outcomes. Everyone wins when there is no sacrifice in quality or cost.
What Premier does
- Knowledge sharing around and group contracting for hospital products and services. Premier organizes member committees to evaluate products and services and select those to be placed on contract. Using the buying clout of the entire group of hospitals, Premier staff negotiates contracts. These contracts are approved by the member committees. Premier’s field force works with hospitals to implement contracts. This collaborative action reduces hospital’s staffing needs, improves productivity, and delivers hundreds of millions in validated savings to our member hospitals.
- Share clinical knowledge so that hospitals can learn from one another. Premier collects data from participating hospitals. We house the nation’s largest detailed clinical and financial database, holding information on more than 130 million patient discharges. Web-based tools allow hospitals to compare their performance in specific areas to peers and best performers, find opportunities for improvement, and track the results of their efforts. This data warehouse is used by the Food and Drug Administration for drug surveillance and by the Centers for Medicare and Medicaid Services to evaluate next-generation payment models.
- Enable hospitals to share insurance claims experience and risk. Hospitals pool money together through Premier to cover the professional liability risks they face. They also share knowledge on ways to improve patient safety and reduce risks. As a result, participants gain control over insurance costs.
Who owns Premier
Approximately 200 not-for-profit hospitals and healthcare systems, including large systems operating multiple hospitals; academic medical centers associated with universities; and community-owned hospitals entirely own Premier. Owners range from small and rural to large inner-city facilities. Owner hospitals and health systems share the not-for-profit purpose of operation for social good, and they share with Premier the core purpose of improving the health of communities.