Premier, Inc. and Johns Hopkins Medicine Collaborating to Improve Healthcare Quality and Value

Industry Leaders Will Develop Clinical and Operational Models That Could Transform Healthcare


CHARLOTTE, N.C., Nov. 19, 2014 (GLOBE NEWSWIRE) -- Johns Hopkins Medicine (JHM) and Premier, Inc. (Nasdaq:PINC) have agreed to collaborate on the development of innovative clinical and operational models designed to improve healthcare quality, safety and value, as well as impact overall wellness.

The five-year agreement combines expertise and assets from JHM—among the world's leading academic medical centers—and Premier's industry-leading performance improvement analytics and services in order to jointly develop and implement:

  • Educational and research projects that focus on areas of strategic importance to members of the Premier alliance;
  • Clinical and other prospective research that leverages the Johns Hopkins Institutional Clinical and Translational Research program; and
  • Broad, evidence-based analytical healthcare solutions and services that leverage data from Premier's integrated technology platform PremierConnect®.

"A central focus of the Johns Hopkins Medicine mission is to provide the best, evidence-based patient care possible and conducting research projects using performance improvement analytics will support that mission," said Jonathan Zenilman, MD, a professor of medicine, director of the Division of Infectious Diseases at the Johns Hopkins Bayview Medical Center, and executive medical director of Johns Hopkins Medicine Business Development and Strategic Alliances.

A number of JHM provider organizations have been Premier alliance members for more than a decade. In 2013, JHM expanded its relationship with Premier to support system-wide improvements in supply chain efficiency.

"This strategic partnership presents for us a tremendous opportunity to gain invaluable insights on new metrics and models that validate and promote in the marketplace higher quality, safer healthcare delivery systems," said Wes Champion, senior vice president of Premier Performance Partners. "In this ever-evolving industry, we are thrilled to be working with a leading academic medical center to create solutions that accelerate healthcare transformation."

The terms of the agreement were not disclosed.

About Johns Hopkins Medicine:  http://www.hopkinsmedicine.org/about/

About Premier, Inc.

Premier, Inc. (Nasdaq:PINC) is a leading healthcare improvement company, uniting an alliance of approximately 3,400 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.

CONTACT: Morgan Bridges-Guthrie, Premier, Inc.; Morgan_Bridges@PremierInc.com; 704.816.4152