By Blair Childs, Senior Vice President, Public Affairs
Premier appreciates that CMS has adopted a more transparent and replicable methodology for the Hospital Overall Star Rating, as Premier recommended. This will allow hospitals to use the star rating to drive quality improvement and allow patients to make informed healthcare choices based on these ratings.
We are disappointed that CMS continued its misguided 340B drug pricing policy, eliminating savings that hospitals use to provide support in underserved areas. Moreover, CMS’ decision to eliminate the inpatient only list over a three-year period is short-sighted, particularly in the absence of clinical guidance or best practices for determining site of service. While Premier opposes this new policy, we appreciate that CMS has at least reduced the burden on hospitals by exempting these procedures from site-of-service and “Two Midnight” reviews when performed in the inpatient setting.
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.