Premier Inc. Acquires Medpricer to Optimize Savings in Purchased Services
Summary
"In even the best run organizations, purchased services are often managed in disparate departments lacking centralized data or oversight, making them difficult to aggregate for volume-based discounts,” said Susan DeVore, Chief Executive Officer of Premier. Medpricer gives us a scalable technology platform and data-driven evidence designed to gain control over purchased services spend – regardless of GPO affiliation. According to research, purchased services account for up to 30 percent of a typical healthcare provider’s non-labor expenses, and represent a total addressable acute care market of approximately $160 billion. 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.
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