Premier, Inc., a leading technology-enabled healthcare improvement company, has expanded its strategic partnership with Hospital Sisters Health System (HSHS). The agreement will support HSHS as it enters its next phase of performance and transformation.
The Premier and HSHS partnership will also strengthen the health system’s focus on sustainable and mission-driven care delivery. HSHS is a Catholic nonprofit healthcare system headquartered in Springfield, Illinois.
“Following a rigorous due diligence process, HSHS selected Premier to help advance HSHS’s next phase of performance and transformation,” said Nalin Kulasekara, System Vice President of Ancillary Operations and Supply Chain Management at HSHS.
“Following a rigorous due diligence process, HSHS selected Premier to help advance HSHS’s next phase of performance and transformation,” said Nalin Kulasekara, System Vice President of Ancillary Operations and Supply Chain Management at HSHS. “This expanded agreement supports HSHS’s ongoing efforts to strengthen operational performance and stewardship while advancing our mission of serving patients and communities.”
Premier and HSHS Partnership Targets Healthcare Improvement
Healthcare organizations across the country continue to manage rising costs and workforce pressures. At the same time, healthcare delivery continues to become more complex. Therefore, HSHS plans to address these challenges through its expanded relationship with Premier. The agreement provides access to Premier’s group purchasing program.
It also gives HSHS access to integrated data and analytics solutions. In addition, the partnership includes supply chain solutions and advisory services. HSHS will also gain access to Premier’s collaboratives and other healthcare improvement solutions. These resources can help connect clinical, operational, and financial priorities. The expanded Premier and HSHS partnership aims to improve how teams manage healthcare operations. It also seeks to support better alignment across different areas of the health system.
“Health systems today need more than incremental improvements,” said Dr. Emad Rizk, Premier’s Chief Executive Officer, President and Chairman of the Board. “They need a true partner that executes on aligned strategies connecting operations, finance and clinical performance.
“Our work with HSHS is focused on building that connection, enabling their teams to move more quickly, operate more effectively and support their mission.”
Three Key Areas Drive the Expanded Partnership
The partnership will focus on three key areas. Each area supports HSHS’s broader performance and transformation objectives.
Supply chain optimization: HSHS will build on its existing quality and analytics partnership with Premier. The organizations will use a centralized and integrated platform. The platform will connect supply chain, clinical, and financial data. This approach can help HSHS gain stronger visibility across healthcare operations.
Clinical and operational improvement: The partnership will also target improvements in care delivery and operational performance. HSHS will identify opportunities to reduce variation across its operations. Furthermore, the initiative will connect cost improvement efforts with quality and patient outcomes. This can help align operational changes with broader healthcare priorities.
Financial resiliency: The partnership will assist HSHS in its operational and financial stewardship. Teams will look for ways to improve financially across the organization. They will also link improvement initiatives to tangible value This enables HSHS to better align financial performance to operational priorities.”
The Premier and HSHS partnership is part of a larger trend to improve healthcare performance. It combines data, analytics, supply chain capabilities and advisory. The partnership also helps with the financial pressures that healthcare organizations face. It also keeps community needs and patient care front and center.
“We are confident this move will create meaningful value for our patients, colleagues and the communities we serve,” said Kathy Donovan, Chief Operating Officer at HSHS.
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News Source: Businesswire.com
