SCOTTSDALE, Ariz. and CHARLOTTE, N.C., Oct. 2, 2014 (GLOBE NEWSWIRE) -- Scottsdale Lincoln Health Network (SLHN), one of Arizona's most respected non-profit health systems, has partnered with Premier, Inc. (Nasdaq: PINC ) to further integrate care delivery in its evolution to a population health provider.
Last fall, SLHN was created through the system-wide affiliation of Scottsdale Healthcare and John C. Lincoln Health Network with a goal to build the healthcare organization of the future. Combined, SLHN has a long history of delivering high-quality care and fostering innovation. The health system now serves a population of 1.6 million people in the Valley of the Sun. SLHN's new partnership with Premier is expected to accelerate these efforts by delivering comprehensive quality improvement and operational efficiencies across the health system.
"Our goal is to provide excellent, cost-effective care and a patient experience that exceeds expectations," said Tom Sadvary, chief executive officer, SLHN. "Premier and Scottsdale Lincoln Health Network share this vision, as well as the aspiration to effectively improve the health of our communities. We believe this partnership will enable more integrated care practices and help us embrace transformations that transcend traditional acute-care services."
As a newly integrated health system, SLHN has become a Premier member owner and will now leverage Premier's full suite of supply chain, performance and technology services system-wide. John C. Lincoln Health Network was already an owner of Premier and has used its performance and supply chain services for seven years.
One of the services that SLHN will leverage is Premier's group purchasing organization , one of the nation's largest, managing approximately $41 billion in annual spend across more than 1,900 contracts. This extends the existing John C. Lincoln Health Network agreement and expands its purchasing volume to include Scottsdale Healthcare's three acute-care hospitals, two accountable care organizations (ACOs) and other care providers within the network.
"The magic in transforming healthcare is using data to analyze all of the pieces and identify improvement opportunities," said Michael J. Alkire, chief operating officer, Premier. "Scottsdale Lincoln Health Network is a world-class organization with a thoughtful and very methodical approach to thriving in this rapidly changing environment."
Susan DeVore, president and chief executive officer, Premier, said "Premier is excited to help Scottsdale Lincoln Health Network continue their progress in providing comprehensive care services that are affordable, safe and of the highest-quality."
All Premier services are available in the PremierConnect ® integrated technology platform. The platform aggregates patient data on 1 in 3 U.S. hospital discharges and approximately $41 billion in annual provider purchases. It also enables real-time member interactions across the nation.
The terms of the agreement were not disclosed.
About Scottsdale Lincoln Health Network
Scottsdale Lincoln Health Network (SLHN) encompasses five acute care hospitals and the Virginia G. Piper Cancer Center with approximately 10,500 employees, 3,700 affiliated physicians and 3,100 volunteers, an extensive primary care physician network, urgent care centers, clinical research, medical education, an inpatient rehabilitation hospital, two accountable care organizations, two foundations and extensive community services. SLHN serves a population of 1.6 million people in the Valley of the Sun. www.scottsdalelincoln.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 Scottsdale Lincoln Health Network'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, 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" or similarly titled sections of Premier's periodic and current filings with the SEC, as well as those discussed under the "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" sections of Premier's Form 10-K for the year ended June 30, 2014, filed 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.
CONTACT: Morgan Bridges-Guthrie, Premier, Inc.; 704.816.4152; Morgan_Bridges@PremierInc.com
