Partnership with MindClick Inc. streamlines purchasing information to quickly identify environmentally preferable products, packaging and services
CHARLOTTE, NC (July 24, 2017)– Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, has partnered with MindClick Inc., a leader in supply chain sustainability solutions, to integrate critical environmental impact data for medical and non-medical products into the purchasing process for hospitals, health systems and other provider organizations.
Premier has been the only organization to be recognized for 14 straight years as a leader in environmental excellence, receiving accolades for its commitment to collaborate with member health systems on environmentally preferable purchasing (EPP) and energy efficiency initiatives, as well as daily, company-wide efforts to make informed decisions about sustainable products, services and business practices.
“A recognized leader in environmental excellence, Premier continues to set the bar in the industry for its commitment to EPP and sustainable healthcare practices,” said David Hargraves, senior vice president of supply chain at Premier. “Combining Premier’s technologies with MindClick’s robust medical and non-medical product environmental performance analytics will empower our members to use environmentally-friendly, high-quality, high-value products and devices to better serve their communities.”
Recognizing the need to provide health systems with higher quality EPP data and robust analytical solutions, Premier and MindClick’s partnership integrates Premier’s powerful supply chain predictive analytics with MindClick’s Healthcare Sustainable Purchasing (HCSP) IndexÔ, an automated environmental data analytics solution for suppliers, group purchasing organizations, and healthcare providers.
Premier’s members will benefit from the use of environmental analytics in the contract decision process, access to an integrated robust database of product level environmental and human health impact data, and responsible sourcing benchmarking solutions to help providers quickly and easily make cost-effective, efficient sourcing and contracting decisions that support the total health of their communities.
Premier and MindClick have worked with member health systems, including Fairview Health Services in Minneapolis, to incorporate critical product environmental impact information gathered through the HCSP Index. Factors like optimized packaging, responsible resources and safer chemicals are inserted into the purchasing process. In doing so, health systems are able to compare products and choose those that meet clinical needs, realize cost savings, reduce waste and support the environmental health of their entire community.
“Health systems are challenged today with delivering high quality care at reduced costs, while proactively supporting the health of their populations,” said MindClick CEO JoAnna Abrams. “MindClick and Premier’s partnership delivers powerful responsible purchasing intelligence to help health systems succeed. The solution lies in their supply chains, and the careful selection of high quality, cost effective products which support cleaner, healthier environments through innovative approaches to material choices, use of safer chemicals, more efficient packaging, cleaner energy use, and waste reduction.”
Publicly-accessible resources on patient, worker and green issues in healthcare are available on the Premier Safety Institute website.
The financial terms of the agreement were not disclosed.
About MindClick, Inc.
MindClick, Inc., the leader in supply chain sustainability reporting solutions, provides a full suite of services used by global organizations to integrate health and environmental metrics into purchasing decisions. MindClick’s cloud-based solutions, including the Healthcare Sustainable Purchasing Index (HCSP Index) and the Marriott Supplier Sustainability Assessment Program (MSAP) for hospitality, deliver powerful analytics combining product sustainability performance ratings, procurement spend, and economic and environmental ROI measures to help organizations buy in ways that are better for the customers and communities they serve. MindClick’s big data solutions help procurement teams make more educated purchasing decisions, improve efficiency, reduce costs, and support manufacturer innovation. MindClick is based in Bend, Oregon and San Francisco. Learn more at http://www.mindclick.com/healthcare.
About Premier Inc.
Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of approximately 3,750 U.S. hospitals and more than 130,000 other providers. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost. Premier, a Malcolm Baldrige National Quality Award recipient, 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.
Forward-looking statements of Premier Inc.
Matters discussed in this release that are not statements of historical or current facts, as discussed herein, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Premier to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. Forward-looking statements may include comments as to Premier’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside Premier’s control. More information on potential factors that could affect Premier’s financial results is included from time to time in the “Forward Looking Statements,” “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Premier’s periodic and current filings with the SEC and available on Premier’s website at investors.premierinc.com. Forward looking statements speak only as of the date they are made. Premier undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date.