Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, is implementing its enterprise resource planning (ERP) solution, as well as its cost accounting/patient analytics and budgeting/forecasting offerings at University Health System in San Antonio, Texas.
A nationally-recognized teaching hospital and network of outpatient healthcare centers, University Health System is expanding its engagement with Premier due to its unique ability to quickly automate and standardize financial and operational processes, and improve performance. Premier’s ERP system is designed specifically for healthcare providers and combines industry-leading supply chain and financial capabilities with robust analytics and data.
'We are always looking for ways to improve our excellent patient care,' said Reed Hurley, Executive Vice President and Chief Financial Officer at University Health System. 'Premier’s focus on cost and quality, accelerated implementation as well as its expertise will allow us to streamline workflows, identify opportunities for greater efficiencies and take immediate action. We look forward to continuing our work with Premier.'
Premier’s ERP solution is accessed through PremierConnect®, allowing University Health System to access a robust data and analytics platform to better support their integration and standardization goals. The cloud-based solution is designed for healthcare’s unique processes, data and direct impact on patient care so that health systems are able to realize value quickly.
'We have been working with University Health System to improve quality and costs across its system and are excited to take our relationship to the next level,' said Leigh Anderson, President of Performance Services at Premier. 'ERP technologies that digitize and automate internal processes have been around for decades. However, next-generation technologies like Premier’s provide a holistic, intuitive and intelligent experience that empowers providers to more proactively and precisely control costs.'
University Health System is a member of America’s Essential Hospitals, which represents more than 300 hospitals dedicated to caring for the vulnerable and training the nation’s healthcare workforce. Premier has an exclusive partnership with America’s Essential Hospitals to drive new advances in care quality, costs and population health at essential hospitals.
The financial terms of the agreement were not disclosed.
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