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Mike Alkire: Three Objectives Guiding Me As I Step into the Role of Premier President and CEO When I joined Premier, I was drawn to the company and its mission to work together with members to improve the health of communities. I realized that Premier provided a singular opportunity to affect change from the inside, make a meaningful impact and create a legacy of improved cost, quality and outcomes in healthcare. What has kept me here is our people, our mission and our potential to truly make a difference. All three continue to inspire me today and remain highly relevant in this environment of change and recovery.
In Consultants’ Words: Why We Left the Big Firms to Join Premier Ask almost any healthcare consultant what it is they wish they had access to, and nine out of 10 times, they’ll say extensive clinical and financial data. “I joined Premier in 2017 because I believe that data-enabled decision-making and benchmarking should be the backbone for any consulting practice,” said Chris Smedley, Vice President of Premier’s Strategy, Innovation and Population Health advisory practice. “It’s always been the model that I envisioned but was unable to realize anywhere else. “Historically, consulting firms have been built around people and their collective knowledge,” he elaborated. “But Premier turned that model upside down by investing in data technologies while scaling an advisory practice.” In their own words, here are three reasons consultants have opted to join Premier and supercharge our members’ improvement efforts.
Premier Inc. has been named one of the 2021 World’s Most Ethical Companies by the Ethisphere® Institute, a global leader in defining and advancing the standards of ethical business practices. The 2021 recognition marks the 14th straight year that Premier has received the Ethisphere Institute designation.
Premier Inc. Acquires Invoice Delivery Services (IDS) to Tech-Enable Critical Supply Chain Purchasing Processes. IDS offers digitization technologies that convert paper and PDF invoices to an electronic format to automate, streamline and simplify accounts payable processes in healthcare. IDS’s solutions include those for electronic invoicing and tracking, as well as digital payments, where the business currently processes 365,000 transactions per month. Going forward, IDS will be integrated within Premier under the brand name of Remitra™.
Michael J. Alkire, president of Premier, will succeed DeVore and serve as president, CEO and a member of the Board.
Premier ranked #14 on the list of 2020 Healthiest 100 Workplaces in America
Premier's CEO, Susan DeVore ranks 6th on Modern Healthcare Top 100 list. From securing PPE for its members to establishing itself as a conduit for drugs that were in short supply to care for COVID patients, Premier worked throughout the year to secure its position as a partner to providers. In 2020, DeVore oversaw a restructuring, eliminating its dual-class ownership, which led to a $118 million deferred tax benefit.
At Premier, our members have partnered with us to find truly innovative solutions to the biggest problems facing healthcare and our nation during the pandemic. Together, our actions are ensuring we emerge from the pandemic stronger and more unified.
Premier Inc. announced that the Agency for Healthcare Research and Quality (AHRQ) has selected it as a first-place winner in the Bringing Predictive Analytics to Healthcare Challenge. To earn this recognition, Premier built a data-driven model that most closely predicted patient admissions and inpatient length of stay given a limited set of data.
Premier Inc., has enhanced its crisis forecasting and planning technology to predict the COVID-19 census for any U.S. hospital on a given day. Premier?s tool enables hospitals and health systems across the country to visualize their facilities? COVID-19-positive census in near real time and identify upcoming hotspots, providing critical intelligence to plan for both surges and routine care. With Premier?s hotspot indicator, providers are enabled to assess whether their inpatient COVID-19 cases are approaching a critical surge threshold of their bed capacity. As of July 21, Premier?s tool showed: 5-25% of U.S. hospitals had a COVID-19-positive census that was at or above the critical bed-capacity threshold, compared to 5-17% the week prior 6-29% of hospitals were predicted to reach the critical bed-capacity threshold over the next 14 days, similar to the 7-28% range predicted the week prior The COVID-19-positive census was steady or declining for 28% of U.S. hospitals, compared to 24% the week prior
