Companies
Discover all trending biotech companies
Discover all trending biotech companies
Company Research Platform
Annual Revenue
$ 1,350,000,000
Global Employees
1,001
This segment provides members with access to a comprehensive range of products and services, including medical and surgical supplies, pharmaceuticals, capital equipment, and food. Premier leverages its group purchasing power to negotiate favorable pricing and terms with suppliers. The segment also focuses on identifying and mitigating drug shortages through programs like PROVIDEGX. Research and development efforts are directed towards optimizing supply chain efficiency, enhancing product quality, and ensuring supply chain resilience. Technologies such as e-commerce platforms and data analytics are used to streamline procurement processes and improve inventory management. This segment aims to reduce costs for healthcare providers while ensuring access to essential supplies.
The Performance Services segment offers PremierConnect, a technology platform that helps members address cost and quality imperatives, manage value-based care reimbursement models, and support regulatory reporting. This segment also provides performance improvement collaboratives and consulting services. Research and development activities focus on developing advanced analytics tools, clinical decision support systems, and performance benchmarking solutions. Technologies such as machine learning and artificial intelligence are used to identify opportunities for improvement and optimize clinical workflows. The segment aims to improve patient outcomes, reduce costs, and enhance the overall efficiency of healthcare delivery.