Hospital Improvement Innovation Networks to continue patient safety improvement efforts started under the Partnership for Patients initiative
WASHINGTON, D.C.- Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, is one of 16 organizations selected by the Centers for Medicare & Medicaid Services (CMS) to support the next phase of the Partnership for Patients initiative. Selected as a Hospital Improvement Innovation Network (HIIN), this contract will allow Premier to continue efforts in reducing preventable hospital-acquired conditions and readmissions.
The HIIN contracts awarded build upon the collective momentum of the Hospital Engagement Networks and Quality Improvement Organizations to reduce patient harm and readmissions. This announcement is part of a broader effort to transform our healthcare system into one that works better for the American people and for the Medicare program.
“We are excited to build on our track record of success and continue to advance healthcare improvements that benefit patients and families across the nation,” said Susan DeVore, Premier’s president and CEO. “While many of our member health systems are well down this path, Premier’s HIIN will accelerate improvement efforts through high-tech, high-touch collaboration, advanced data analytics and coaching to support reliable implementation of best practices that achieve the goals of reducing preventable harm and readmissions.”
Through 2019, these HIINs will work to achieve a 20 percent decrease in overall patient harm and a 12 percent reduction in 30-day hospital readmissions as a population-based measure (readmissions per 1,000 people) from the 2014 baseline. Efforts to address health equity for Medicare beneficiaries will be central to the HIIN efforts. CMS will monitor and evaluate the activities of the HIINs to ensure that they are generating results and improving patient safety.
“We have made significant progress in keeping patients safe – an estimated 2.1 million fewer patients harmed, 87,000 lives saved, and nearly $20 billion in cost-savings from 2010 to 2014 – and we are focused on accelerating improvement efforts,” said Patrick Conway, M.D., CMS acting principal deputy administrator and chief medical officer. “The work of the HIINs will allow us to continue to improve healthcare safety across the nation and reduce readmissions at a national scale – keeping people as safe and healthy as possible.”
The Partnership for Patients model is one of the first models established in 2011 to be tested under the authority of section 1115A of the Social Security Act with the goal of reducing program expenditures while preserving or enhancing the quality of care. Since the launch of the Partnership for Patients and the work of Hospital Engagement Networks in collaboration with many other stakeholders, the vast majority of U.S. hospitals have delivered results as demonstrated by the achievement of unprecedented national reductions in harm. CMS believes that the upcoming work of the HIINs, working as part of the Quality Improvement Organization’s work to improve patient safety and the quality of care in the Medicare program, will continue the great strides made in improving care provided to beneficiaries.
In the next phase of the program, Premier’s HIIN will continue working at the regional, state, national and health system levels to develop learning opportunities and a wide array of initiatives to improve patient safety, as well as spread best practices to other providers. Premier will work with health system participants to conduct intensive training programs to teach and support hospitals in making patient care safer, provide one-on-one technical assistance, and offer advanced technology and data analytics to meet the Partnership for Patients’ quality improvement goals.
The HIIN contract begins effective September 2016, and runs through September 2018. The contract is expected to contribute to Premier’s Performance Services fiscal 2017 financial results, and has already been reflected in the company’s guidance range, issued on August 22, 2016.
For more information on the Partnership for Patients and the Hospital Improvement Innovation Networks, please visit: partnershipforpatients.cms.gov.
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 provider organizations. 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; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.
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