CHARLOTTE, N.C., July 31, 2014 (GLOBE NEWSWIRE) -- Bon Secours Health
System, Inc. (BSHSI), a $3.4 billion not-for-profit Catholic health
system in Marriottsville, Md., is expanding its partnership with
Premier, Inc. (Nasdaq:PINC) by deploying the PremierConnect(R)
Enterprise cloud-based data warehouse and business intelligence
platform.
Recognized by the American Hospital Association as a Most Wired
organization, BSHSI consists of more than 22,000 caregivers helping
people across six states. For more than 20 years, the health system has
worked with Premier to drive new levels of clinical and operational
performance using Premier supply chain and performance services. This
includes leveraging Premier's full suite of quality, safety, labor and
supply chain software-as-a-service (SaaS) apps, advisory services and
data-driven collaboratives.
BSHSI will use PremierConnect Enterprise to access, integrate and
interpret its clinical, financial and operational data to produce
actionable predictive and prescriptive analytics.
"When it comes to healthcare, identifying the value of data is a
complex challenge," said Skip Hubbard, BSHSI's senior vice president
for business intelligence and performance improvement. "One data point
does not yield an insight and even a set of data doesn't give us the
full picture. In order to meaningfully improve the way care is
delivered to a patient population, we need our data analytics to make
connections that translate into actionable intelligence."
Fully managed by Premier, PremierConnect Enterprise includes membership
in the Data Alliance Collaborative (DAC). The DAC is a
first-of-its-kind initiative led by providers that are co-developing
data analytics and business intelligence solutions to improve
population health and operational performance. The DAC now consists of
eight of the nation's leading health systems, as well as Premier and
its industry partners IBM and the University of North Carolina at
Charlotte. Members have a proven track record of redesigning care
delivery so it's more cost-effective, patient-centered and aligned with
the transition to value-based care models, including accountable care
organizations (ACOs).
"This partnership is a key step in helping us predict community needs,"
said Marlon Priest, MD, executive vice president and chief medical
officer at BSHSI. "It is a major part of our strategy to make care more
affordable through clinical transformation. We are excited about what
this next step with Premier can bring to our providers."
"Premier members want solutions that can scale and grow with them,"
said Keith Figlioli, senior vice president of healthcare informatics,
Premier. "It's challenging to grapple with the machines, devices and
multiple technologies that don't exchange information with each other.
Because Premier is vendor and payer agnostic, we have the ability to
provide the whole data picture, making it a lot harder for unnecessary
variation to hide, and a lot easier drive change. We look forward to
working with BSHSI to help free their data so they can focus on
providing the best, most efficient care to the people and patients they
care about."
All Premier services are accessed through PremierConnect(R), Premier's
integrated technology platform. PremierConnect houses patient data on 1
in 3 U.S. hospital discharges and approximately $41 billion in annual
provider purchases, while enabling real-time member interactions across
the nation.
The terms of the contract were not disclosed. However, given BSHSI's
current engagement with Premier across many products and services,
Premier expects the expanded relationship to contribute modestly to
fiscal 2015 revenue and earnings.
About Bon Secours Health System, Inc.
Bon Secours Health System, Inc. based in Marriottsville, Maryland, is a
$3.4 billion dollar not-for-profit Catholic health system that owns,
manages or joint ventures 19 acute care, 5 long term care, 4 assisted
living, 6 retirement communities/senior housing, 14 home care and
hospice services, and other facilities, primarily on the East Coast.
Bon Secours Health System consists of more than 22,000 caregivers
helping people in six states. Its vision is to be a prophetic Catholic
health ministry partnering with communities to create a more humane
world, build health and social justice and provide exceptional value
for those served. For more information, visit www.bshsi.org.
About Premier, Inc.
Premier, Inc. (Nasdaq:PINC) is a leading healthcare improvement
company, uniting an alliance of approximately 3,000 U.S. hospitals and
110,000 other providers to transform healthcare. 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, Foursquare and Premier's blog for more
information about the company.
Forward-looking statements
Matters discussed in this release that are not statements of historical
or current facts, such as BSHSI's continued use of Premier's supply
chain and performance services at current or expanded levels, 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,
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under the "Risk Factors" and "Forward-Looking Statements" section of
Premier's IPO Prospectus, dated September 25, 2013, filed with the SEC
and available on Premier's website at investors.premierinc.com.
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