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Premier in the news

2005-2006 archive

The move up; Repertoire; 12/06 issue: "Somebody’s got to mind the store," is how David Christensen describes his job as executive director of Lincoln, Neb.-based Alegent NPG HealthLink LLC ("HealthLink"). That store and its services have gotten bigger in the last few months, as the organization has made the transition from regional group purchasing organization to hospital alliance and shareholder in Premier Inc. It comprises 47 hospitals and roughly 350 non-acute-care locations, with an annual purchasing volume of $200 million.
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The fundamentals of robotic surgical systems, Biomedical Instrumentation & Technology, 11-12/06 issue: Over the next decade, the number of minimally invasive surgical procedures performed will continue to rise while the number of invasive procedures that have a noninvasive option will decline. This trend will have a major impact on the number of robotic surgical systems in use. (Reprinted with permission from Biomedical Instrumentation & Technology, a peer-reviewed journal by the Association for the Advancement of Medical Instrumentation. Visit www.aami.org to learn more about AAMI or to view BI&T’s current issue.)
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San Diego firm honored for its role with Medicare; The San Diego Union-Tribune; 11/22/06: A San Diego company that helped develop a Medicare program that rewards hospitals for providing better service has won the 2006 Malcolm Baldrige National Quality Award. Premier was one of three companies to receive the prize, announced yesterday by President Bush and Commerce Secretary Carlos Gutierrez.
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WMHS part of Premier alliance to cut operating expenses; Cumberland (MD) Times-News; 11/19/06: The Western Maryland Health System has joined six other not-for-profit hospitals in Maryland and to form an alliance aimed at reducing operating expenses through joint participation in the national and regional group purchasing contracts of Premier Inc. and shared service initiatives.
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Catching the P4P wave; Healthcare Informatics; 11/06 issue: As a participant in the Centers for Medicare and Medicaid Services/Premier Inc., P4P Hospital Quality Incentive Demonstration project, Perez's health system scored in the top decile in all areas among the participating hospital organizations.
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Premier acquires infection I.T. vendor; Health Data Management; 10/23/06: Premier Inc. has acquired Germantown, Md.-based Cereplex Inc. to assist hospitals to reduce infection and track potential overuse of antibiotics.
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Hallmark of quality care: Efficiency; USA Today; 10/20/06: According to an analysis by Premier Inc., a private company collaborating with Medicare, hospitals nationwide could save up to $1.3 billion if they met even three out of four recommended standards for patients with these five conditions.
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The patient safety movement finally is saving lives and raising hopes; Medscape; 10/20/06: Premier, Inc., an alliance of nonprofit hospitals and healthcare systems, announced that its 3-year demonstration project with the Centers for Medicare and Medicaid Services is resulting in better care at lower costs. Approximately 260 hospitals are participating in this pay-for-performance project.
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Collaboration cuts costs; Healthcare Finance News; 10/01/06: A small investment in Premier’s Supply Chain Collaborative Breakthrough Series is paying big dividends for the three-hospital Genesis Health System in Illinois and Iowa.
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Premier series saved $47 million; Materials Management in Health Care; 10/06: Hospitals and health systems that participated in Premier’s fifth annual Supply Chain Collaborative Breakthrough Series reported savings of $47 million – 75 percent over their goal of $27.3 million.
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Purchasing alliance feels the power; Buffalo-area hospitals band together to save; Materials Management in Health Care; 10/06: An interview with Kevin Connor, Executive Director and CEO of the Western New York Purchasing Alliance, LLC, through which competing hospitals in western New York state came together three years ago – with Premier’s help – to leverage better pricing and shared services.
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Back-to-basics measures save lives: Quality care doesn't mean more expensive care; Materials Management in Health Care; 9/14/06: An interview with Donald Berwick, president and CEO at the Institute for Healthcare Improvement, regarding the Premier/CMS Hospital Quality Incentive Demonstration pay-for-performance project.
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Paying to get it right; Chicago Tribune via Fort Wayne (IN) News-Sentinel; 9/5/06: Last year, officials at Premier Inc., a nonprofit hospital alliance, announced that a Medicare-sponsored pilot program to improve care had saved the lives of about 235 heart attack patients at some 260 hospitals across the country in its first year. The hospitals took many steps to improve care, some as simple as giving more heart-attack patients aspirin when they were first admitted.
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Study of Medicare patients finds many lives saved by hospital quality measures; SeniorJournal.com; 9/2/06: Wider adoption of quality measures used in a groundbreaking Medicare pay-for-performance demonstration project could save thousands of lives and reduce hospitals costs, according to an analysis released yesterday by the Premier Inc. healthcare alliance.
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Program aims to improve hospitals; (Fort Worth, TX) Star-Telegram; 9/1/06: If U.S. hospitals more widely adopted some of the federal Medicare program's pay-for-performance goals, they could prevent almost 5,700 deaths and save as much as $1.35 billion a year, according to a study released Thursday by Premier Inc.
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Demonstration project claims $1 billion in potential savings; Healthcare Benchmarks and Quality Improvement; 9/06: New data from Premier Inc.'s pay-for-performance demonstration project with the Centers for Medicare & Medicaid Services (CMS) indicate that improving the care of pneumonia and heart bypass patients alone can save as much as $1 billion a year, as well as thousands of lives.
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Pay for performance could save lives, money: eWeek, 8/31/06: Premier, a health alliance of more than 200 nonprofit hospitals and health care systems, recently released results from its pay-for-performance demonstration project with the Centers for Medicare and Medicaid Services.
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DRG-based contracting: A theoretical model for low margin service lines; Healthcare Purchasing News; 8/06 issue: With regard to orthopedic service lines, we know that for most hospitals the cost of orthopedic implant supplies have to be in the region of 35% of the DRG payment in order for that service line to be a profitable business venture. What about other service lines where the cost of a few supplies accounts for a very high percentage of the DRG? Dawn Terry RN, BSN, MBA, Senior Clinical Associate, Cardiovascular Services at Premier Inc., explains that profit margins continue to decline despite product cost savings through negotiations and utilization.
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Study correlates high-quality care and savings, Healthcare IT News; 6/22/06: Early results from a joint government-private sector pay-for-performance project suggest that improving patient care can save money.
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Report: Pay-for-performance has the potential to improve care, Health Imaging News, 4/06: Pay-for-performance has the potential to improve the quality of care given to patients – and in some instances save lives – according to a new white paper published by the Premier Inc. healthcare alliance.
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Medicare says bonuses can improve hospital care; The New York Times; 11/15/05: Linking hospital payments to the quality of patient care can significantly improve the level of care, Medicare officials said yesterday in announcing the first results of the government's experimental performance-based bonus system for hospitals.
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