Premier, Inc. Introduces Enterprise-Wide Analytics Solution

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Premier, Inc. Introduces Enterprise-Wide Analytics Solution to Improve Operational Performance, Population Health

CHARLOTTE, N.C., Feb. 4, 2014 (GLOBE NEWSWIRE) -- Premier, Inc. (Nasdaq: PINC ) has introduced an enterprise-wide analytics solution enabling hospitals and health systems to easily access, integrate and interpret their data, any way they want to.

Designed in collaboration with Premier member health systems, PremierConnect™ Enterprise allows providers to focus on using information to improve patient care, instead of managing data and infrastructure.

"Few of us can actually pool the information we receive from across our hospitals, non-acute sites, payers and other entities into one place, and quickly make it mean something," said Becky Sykes, senior vice president of resource management and CIO at Catholic Health Partners (CHP) of Cincinnati, which uses PremierConnect Enterprise. "PremierConnect Enterprise is helping us become more information-driven to successfully confront current and future challenges."

Fully managed by Premier, PremierConnect Enterprise extends Premier's integrated technology platform, PremierConnect, to include:

  • A cloud-based data warehouse and business intelligence platform integrating big data from disparate systems. The warehouse is vendor and payer agnostic, and enterprise-class to support rapidly changing operating models.
  • Acquisition, standardization, and integration of population health, claims and other data from electronic health records, insurance databases, supply chain systems and other sources to give providers trusted, analysis-ready information.
  • Enterprise insights – operational and population health solutions powered by integrated data to help providers transition to value-based care models, including accountable care organizations (ACOs).
  • Transformation services with dedicated Premier developers, analysts and other experts that help providers build advanced analytics solutions and establish the operational and technical agility needed to respond to change.
  • Membership in the Data Alliance Collaborative to develop and share knowledge and assets that accelerate information-driven healthcare.

Along with CHP, Fairview Health Services (Minneapolis) has deployed PremierConnect Enterprise, and Baystate Health (Springfield, MA) has begun its deployment.

The three health systems are also members of the Data Alliance Collaborative, along with Carolinas HealthCare System (Charlotte, N.C.), Carilion Clinic (Roanoke, Va.), Texas Health Resources (Arlington, Texas), IBM and Premier. DAC provider members consist of 110 hospitals and 1,900 non-acute sites caring for about 29 million people.

"Premier's enterprise-wide solution allows providers to co-develop, share and use analytics within a single platform," said Keith J. Figlioli, Premier senior vice president of healthcare informatics and a member of the Office of the National Coordinator for Health IT Standards Committee. "This type of collaboration and access to expertise is key to improving patient satisfaction and population health while reducing costs."

PremierConnect Enterprise members are already building the capabilities needed to better care for populations and improve operational performance, including:

  • An all-cause predictive readmissions model,
  • An ambulatory physician performance reporting solution,
  • Leading indicators for the financial management of at-risk populations, and
  • A health equity/community needs assessment model.

More than half of the nation's hospitals use PremierConnect , which combines patient data on 1 in 4 U.S. hospital discharges, evidence-based best practices from 2.5 million daily clinical transactions, and $40 billion in annual provider purchases. It is powered by IBM software and hardware, including the industry-leading healthcare provider data model, jointly developed with Premier.

Last November, Premier was designated as an early leader in the category of breadth of portfolio for population health management in the KLAS Research report Population Health Management 2013: Scouting the PHM Roster, November 2013. Since 2010, Premier has been named to the InformationWeek 500 , a list of the top technology innovators in the nation.

About Premier, Inc.

Premier, Inc. (Nasdaq: PINC ) is a leading healthcare improvement company, uniting an alliance of more than 2,900 U.S. hospitals and nearly 100,000 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.

Alven Weil, Premier, Inc. , 704.816.5797

Scroll down for more posts ▼

Top 10 Most Recent News Articles

CELSET Unveils SOLTOX: Expanding in Global Markets

Updated Category News Views 73

New Contender in the Global Botulinum Toxin Arena Launching a fresh player onto the international stage, CELSET INC. from Seoul throws down with SOLTOX, their own botulinum toxin Type A brand. This ain't your run-of-the-mill roll-out; it's another notch for Korean biotech trying to snag a piece of global market action. A Look at SOLTOX's Technical Makeup We’re talking...

Continue Reading
Banco Macro S.A. Plans $160B Share Buyback Initiative

Updated Category News Views 24

Tapping into Share Buybacks in a Tumultuous Market Out of nowhere, Banco Macro S.A. has decided to whip up a share buyback program, a lifeline for their current market value. Let me tell you, the market's more volatile than a caffeinated squirrel these days, hitting the financial scenery harder than a hammer on a glass table. So, Banco Macro's taken a deep breath and...

Continue Reading
Enertech's New Moves Aim to Make Geothermal Mainstream

Updated Category News Views 74

Breaking Through Financial Barriers in Geothermal Energy Finally, we're seeing some real movement in the geothermal heat pump sector. The longtime hurdles that kept ground-sourced heating and cooling tech at arm's length from the everyday homeowner are starting to tumble, thanks to Enertech Global's latest initiatives. Enertech's Double Deal: A New Lease on Geothermal...

Continue Reading
Agrochemicals: Combining Tradition and Innovation

Updated Category News Views 69

The Evolving World of Agrochemicals You know, the agrochemical market isn't just about fertilizers and pesticides anymore. It's evolving into a high-stakes game of innovation, resistance management, and cutting-edge tech. This whole sector's forecast to explode to a whopping US$ 387.7 billion by 2031. That's no small potatoes. Driving Forces: Pests, Drones, and Regulatory...

Continue Reading
Insurify's AI Gateway: A New Era in Insurance Shopping

Updated Category News Views 66

Insurify's Game-Changing AI Agent Gateway In the insurance world, Insurify's latest move feels like a bull charging through a ticker tape parade. This Cambridge-based pioneer unveiled its AI Agent Gateway, aiming to put consumers back in the driver's seat. By connecting digital assistant agents to its platform, Insurify's making insurance shopping a bit less like pulling...

Continue Reading
Royce Micro-Cap Trust: Navigating Small-Cap Waves

Updated Category News Views 42

Folks, if there's ever been a niche in this labyrinth of stocks, it’s the micro-cap territory. Royce Micro-Cap Trust (NYSE: RMT) is hefting the torch for smaller companies up to a billion in market cap. But is it leading the charge or getting steamrolled by market bear crawls? Understanding the Numbers Time to get dirty with some numbers, because for Royce Micro-Cap...

Continue Reading
Pave and Levels.fyi Unite: Revolutionize Pay Decisions

Updated Category News Views 99

Diving straight into the heart of it, here's a move in the business world that's all but marking its territory on the compensation landscape. Pave, already a big player in agentic compensation management, is shaking hands with Levels.fyi, a platform prized for its real-deal compensation data detailed down to the company, level, location, and skill. These folks are...

Continue Reading
Innovative Trial Targets Drug Resistance in Lung Cancer

Updated Category News Views 68

The Battle Against Drug Resistance Heats Up Folks, we're in a never-ending fight here against one of the toughest adversaries out there: lung cancer. And lemme tell ya, when drugs show resistance, it's like trying to punch a ghost. But there’s a fresh wind blowing, as Dr. Bobak Parang steps up to the plate with a $620K grant aimed squarely at tackling drug resistance in...

Continue Reading
Photocure's Q3 2026: Revenue Plateau and CFO Shakeup

Updated Category News Views 111

The Bladder Cancer Scene: Steady as She Goes Sometimes, you look at numbers and find tranquility, like staring into still waters. That's the scene over at Photocure ASA with their latest Q3 results. Clocking in with revenues of NOK 134.2 million from their Hexvix®/Cysview® products, they're barely flinching from last year's NOK 134.1 million. Is it a victory or a...

Continue Reading
Royce Small-Cap Trust Shows Resilience Amid Volatility

Updated Category News Views 95

A Closer Look at Royce's Latest Moves Royce Small-Cap Trust (NYSE: RVT), the venerable old timer in the small-cap fund world, has been trucking along the market's bumpy byways since forever ago. With over 50 years of small- and micro-cap investment experience under its belt, you'd think it might have seen everything by now. But in the volatile world of small caps,...

Continue Reading

Top 5 Most Recently Viewed Articles

Gen Z Hacks Loyalty Programs with AI Power Play

Updated Category News Views 15

Gen Z Leads the Charge in AI-Driven Loyalty The times, they are a-changin', and loyalty programs aren't immune. Hopping on the AI bandwagon, 64% of Gen Z in the UK and 55% in the US are getting more bang for their buck, utilizing AI to optimize their participation and rake in rewards. According to Comarch's latest findings, these young savants aren't just after luxury...

Continue Reading
SendCutSend Triumphs in American Business Awards with Gold

Updated Category News Views 302

SendCutSend Wins Gold Stevie Award at American Business Awards SendCutSend has received a significant honor by winning a coveted Gold Stevie Award in the Manufacturing category during the American Business Awards. This prestigious award program recognizes excellence in various sectors across the country. The awards attracted over 3,600 submissions from multiple...

Continue Reading
Explore the Glow Up Golden Calendar for 2026 Launch

Updated Category News Views 393

Glow Up Golden 2026 Calendar Unveiled at Pearl River Mart -Inspired by ancient Chinese timing to support modern decision-making- In a vibrant new partnership, Julie Huang, renowned writer and Chinese metaphysics practitioner, is set to launch the Glow Up Golden 2026 Calendar at Pearl River Mart. This culturally enriching calendar draws on classical Chinese wisdom, making...

Continue Reading
Luminar Technologies Faces Lawsuit: Investors Take Action

Updated Category News Views 278

Investors Encouraged to Act on Luminar Technologies Lawsuit The focus is now on Luminar Technologies, Inc. (NASDAQ: LAZR) as the opportunity arises for investors to join a significant class action lawsuit. This comes in light of recent allegations of securities fraud within the company. Investors who purchased Luminar securities within the specified time frame are urged...

Continue Reading
Understanding Recent Trends in Catalyst Pharmaceuticals' Short Interest

Updated Category News Views 176

Recent Trends in Catalyst Pharmaceuticals' Short Interest Catalyst Pharmaceuticals (CPRX) has seen a notable increase in its short percent of float, jumping by 5.8% since the last report. The latest figures indicate that about 8.17 million shares are currently sold short, representing 8.57% of all shares available for trading. Based on trading volume, it would take...

Continue Reading