The coronavirus pandemic has showcased that a fee-for-service system is unable to adjust to meet evolving healthcare demands, with provider viability tied to volume rather than value and severe limitations on the ability to innovate care. To speed the transition to value policymakers must focus on total cost of care and quality, allowing the accountable entities the ability to define population-specific payment systems and care delivery approaches. Premier sent a letter to the Biden-Harris Transition Team offering approaches to accelerating the movement to value.
About Premier, Inc.
Premier, Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,100 U.S. hospitals and health systems and approximately 200,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost. Premier 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.