Cost
Hospitals in the Premier healthcare alliance are working together to identify and share best practices in safely reducing their costs. These savings are reinvested in their communities and in helping to contain healthcare spending overall.
Over the last two years, hospitals in the alliance have documented over $2 billion in savings. These savings are achieved with reduced supply costs through aggregated purchasing, productivity and efficiency improvements attained by implementing best practices that are identified through comparison with top performers in the alliance, and savings through quality improvement. This progress is helping to transform healthcare as we work together.
Here are some ways that hospitals in the Premier healthcare alliance are safely reducing their costs. Click the links below to learn more about:
- Press Release - (2/10/10)
Premier healthcare alliance helps members achieve record savings of more than $1 billion in 2009 - Press release (8/27/09)
Hospitals save more than $74 million through Premier healthcare alliance's group buy program - Press Release - (8/12/09)
Premier healthcare alliance launches new pharmacy contracts for 10,500 generic drugs, priced to save members $60 million to $70 million a year over current spend - Press Release - (6/15/09)
Premier healthcare alliance, GNYHA Ventures identify more than $317 billion in hospital cost savings - Press Release - (5/12/09)
Premier healthcare alliance achieves record growth, helps members save more than $780 million in 2008 - Press Release - (3/31/09)
Hospital experts to discuss cost savings through energy efficiency, new purchasing strategies - Nexus Newsletter: (5/21/09)
Nonprofit hospitals aren't waiting to achieve healthcare savings - Many experts say healthcare system inefficient, wasteful
- Nationwide hospital collaborative seeking to reduce mortality by 17 percent, improve reliability of care by nearly 13 percent
- Improving hospital efficiency
- Saving billions by digitizing the medical supply chain