PINC Premier Inc. Class A

McLaren Health Care Expands Partnership with Premier Inc.

McLaren Health Care, a Michigan-based healthcare network, has expanded its partnership with Premier Inc. (NASDAQ: PINC), a healthcare improvement company, to deploy the PremierConnect® Enterprise cloud-based data warehousing and business intelligence platform.

The fully-integrated McLaren system maintains operations in 350 facilities across Michigan, including 12 hospitals, and offers a statewide network of more than 47,000 physicians and ancillary providers. The system also includes home health and hospice services, commercial and Medicaid HMOs, and the state’s largest cancer care network, anchored by the NCI-designated Barbara Ann Karmanos Cancer Institute in Detroit.

For more than 20 years, McLaren has used Premier supply chain services and solutions to deliver high-quality, cost-effective care. By expanding its partnership, McLaren will use PremierConnect Enterprise for insights that drive strategic and operational decisions, and engage stakeholders from across the system in the decision-making process.

“As an integrated health system, having flexible IT capabilities to quickly pinpoint areas of opportunity and predict future challenges is extremely valuable,” said Philip A. Incarnati, president and CEO of McLaren, and a member of Premier’s board of directors. “We need to see the whole picture in order to meaningfully improve care quality in the most efficient way possible. We plan to use PremierConnect Enterprise to make informed decisions and drive performance improvement across the organization.”

PremierConnect Enterprise accesses, integrates and interprets clinical, financial and operational data to produce actionable, predictive and prescriptive insights. For example, health systems can pull claims data into the platform, standardize it and create a custom dashboard that compares physician performance to like peer groups, allowing leadership to identify gaps and make more informed physician recruiting decisions.

“McLaren encourages innovation and improvement in every corner of their organization,” said Leigh Anderson, senior vice president and chief information officer at Premier. “This requires the ability to not only predict potential problems and risks, but proactively mitigate them in a timely manner to avoid missed opportunities. We are looking forward to working with McLaren to help them tackle current and future challenges within their clinically integrated network, as well as align clinical initiatives across the continuum so they can focus on their patients.”

Backed by clinical outcomes data from 40 percent of U.S. patient discharges and $50 billion in annual provider purchases, PremierConnect Enterprise enables real-time access to system-wide insights and national peer comparisons.

The financial terms of the contract were not disclosed.

About McLaren Health Care

McLaren Health Care, headquartered in Flint, Michigan, is a fully integrated health network committed to quality evidence-based patient care and cost efficiency. The McLaren system includes 12 hospitals, ambulatory surgery centers, imaging centers, an employed primary care physician network, commercial and Medicaid HMOs covering more than 250,000 lives, home health and hospice providers, retail medical equipment showrooms, pharmacy services, and a wholly owned medical malpractice insurance company. McLaren operates Michigan’s largest network of cancer centers and providers, anchored by the Barbara Ann Karmanos Cancer Institute, one of only 47 National Cancer Institute-designated comprehensive centers in the U.S. McLaren has 22,500 employees and more than 47,000 network providers. Its operations are housed in more than 350 facilities serving the entire Lower Peninsula of the state of Michigan along with a portion of the Upper Peninsula. Learn more at www.mclaren.org.

About Premier Inc.

Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of approximately 3,750 U.S. hospitals and more than 130,000 other provider organizations. 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.

Forward-looking statements

Matters discussed in this release that are not statements of historical or current facts, such as McLaren’s anticipated use of Premier’s performance services at expected levels, as discussed herein, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Premier to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. Forward-looking statements may include comments as to Premier’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside Premier’s control. More information on potential factors that could affect Premier’s financial results is included from time to time in the “Forward Looking Statements,” “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Premier’s periodic and current filings with the SEC and available on Premier’s website at investors.premierinc.com. Forward looking statements speak only as of the date they are made. Premier undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date.

EN
31/05/2017

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