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CHARLOTTE, N.C. — Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, has named Colin Bain as its President of Direct Sourcing, effective Dec. 7, 2020.
In his role, Bain will have overall responsibility for Premier’s direct sourcing business segment, including overall strategy and organic product line expansion. Bain will report to David A. Hargraves, Senior Vice President of Supply Chain.
With two decades of healthcare manufacturing, medical equipment, and international business and regulatory expertise, Bain’s skillset aligns with Premier’s strategy to expand direct sourcing capabilities and create replicable co-investment models with members to prevent shortages and ensure supply chain resiliency. One of Bain’s key initiatives will be to define and broaden the organic product line and deepen Premier’s channel partnerships, including via S2S Global, Premier’s direct sourcing business. S2S Global has played an integral role in helping members source scarce products during the COVID-19 pandemic and is a critical complement to Premier’s joint ventures with Prestige Ameritech and DeRoyal Industries to expand domestic PPE production.
“Colin is a well-respected industry veteran with a proven track record of market innovation and deep understanding of manufacturing, which made him a natural choice to lead our Direct Sourcing business,” Hargraves said. “Premier is committed to strategies and partnerships that improve resiliency across the supply chain, and Colin brings with him the passion and talent required to drive our business and industry forward.
In his previous role as Founder, President and CEO of Linet Americas, a hospital bed manufacturer, Bain drove changes in the marketplace, grew the company and converted more than 500 customers in 46 states within the company’s first five years of existence. Prior to joining Linet Americas, he also served as a lead in operational, strategic planning and corporate development roles at Joerns Healthcare and Sunrise Medical.
“I am inspired by Premier’s efforts to ensure members have the resources to provide high-quality care during the pandemic and beyond,” Bain said. “I look forward to helping make an immediate impact by increasing access to critical products and supplies, and bolstering the healthcare supply chain now ─ and for the future.”
Premier, Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,400 U.S. hospitals and health systems and approximately 250,000 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.