A longtime leader in healthcare improvement, we’re developing new ways to revolutionize the industry.

We deliver transformative solutions that power real results. See how we can help.

Optimizing Supply Chain
Integrating Pharmacy
Maximizing Value-Based Care

Transforming healthcare is more than our objective, it’s in our DNA. We’re dedicated to ensuring better health is just the beginning.

At every level of leadership, Premier’s experts are driving healthcare forward.

Board of Directors
Speakers Bureau

Premier is more than a GPO. Combining robust analytics with consulting and advocacy, we’re changing the healthcare landscape for the better.  

Collective purchasing power lowers costs across your organization.

Intelligence plus unparalleled analytics equals data-driven solutions.

It’s only impossible until it’s not. Premier and our team of experts are transforming care delivery.

Work with Premier members to lower costs, improve quality and safety and succeed in value-based care.

A voice for better healthcare policy is a voice for you.  

Working closely with our members, we’re developing products and services to solve your most complex challenges.

Lower costs, greater efficiencies and a healthier bottom line.

Proven practices that result in better outcomes.

Intersecting specialty drugs with better management and data-driven best practices.

Controlling your future with integrated care delivery practices.

More savings and ROI is a win-win.

Data diving to deliver insights you can act on.

Data, inquiry and intervention services.

Our most recent insights, articles and more, all in one place.  

Discover what leading healthcare providers are achieving through Premier membership.

Stay informed with our white papers, webinars and e-books.

Browse our blog for a taste of what’s new and what’s next in healthcare.

Premier’s perspectives have been solicited by nationally renowned publications. Read on.

Read Premier’s latest announcements.

Catch our policy statements and perspectives on the latest in DC.

Lahey Health Saves $22 Million with Premier

Facing the ongoing challenge of expense increases outpacing revenue increases, Lahey Health (now a part of Beth Israel Lahey Health) in Boston, Massachusetts, engaged with Premier® to optimize financial performance across their academic medical center and five community hospitals.

“We felt that we could make a much bigger impact with an organization like Premier, because they have significant experience at this, closer working relationships with the vendors and good analytic capabilities that they could bring to the table to identify where opportunities existed,” said Tim O’Connor who served as EVP, CFO and Treasurer of Lahey Health prior to the formation of Beth Israel Lahey Health.

The health system embarked on a non-labor expense reduction engagement, optimizing supply and purchased services spend. Leveraging robust analytic capabilities, Premier identified savings opportunities related to pharmacy, lab and physician preference items (PPI) like high-value implants used in surgeries and cardiac procedures.

The data used was vital. While optimizing pricing on high-value implants, for example, Premier harnessed its unique four-level categorization to classify purchased implants based on functional equivalence. This enabled credible cross-reference benchmarking and productive conversations between Lahey Health’s leadership and physicians, leading to savings of $2.5 million in this high-spend area.

“Physicians are very scientific in nature,” O’Connor said, “and the facts help everyone get to the right conclusion, so you can take action.”

During the engagement, Premier’s experts collaborated with a variety of stakeholders to develop buy-in. “The Premier team and management worked very closely with clinicians and clinical teams,” O’Connor said. They delivered concrete data, enabled new product trials and shared best practices used at other health systems to maintain or improve outcomes while reducing costs.

Premier explored a variety of solutions, such as pricing, utilization, standardization and new ways of working, and through their efforts, helped Lahey Health achieve more than $22 million in savings over the course of the approximately two-and-a-half-year engagement.

Login Register Change Registration