Premier Inc. to Provide Operational Transformation Consulting and Analytics Services to University of Louisville Hospital and
University of Louisville Physicians
Academic hospital expands Premier relationship, adding enterprise-wide performance improvement services and
physician practice management analytics
Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, has expanded its partnership with the University of
Louisville Hospital (UofL Hospital), an academic teaching and research hospital, and the University of Louisville Physicians (ULP),
the largest, multi-specialty physician practice in Louisville.
UofL Hospital and ULP have added operational transformation services and physician practice performance management analytics, building on their access to robust clinical and financial data and analytics from the PremierConnect® performance
improvement platform.
“This extended work will further empower key decision makers from UofL Hospital and ULP with holistic, trusted data, insights
and expertise,” said Leigh Anderson, President of Performance Services at Premier. “We are hyper-focused on helping them advance
efficiencies and improve clinical outcomes by optimizing operational and financial performance across the organization. We look
forward to continuing to support their efforts to bring cost-effective, cutting-edge care to every patient.”
As part of the agreement, UofL Hospital and ULP will engage Premier’s industry-leading consultants for expertise and
tech-enabled insights to improve quality, patient and staff satisfaction, and financial performance in a total clinical and
operational transformation effort.
“Each day, we strive to remain focused on our mission of providing high-value care to our community,” said Ken Marshall, Chief
Executive Officer at UofL Hospital. “We believe Premier’s next-generation analytics, coupled with its seasoned experts in supply
chain, workforce optimization and physician services, will support our strategy to achieve excellence in quality, cost and patient
experience.”
The financial terms of the agreement were not disclosed. The partnership is not expected to materially impact Premier’s fiscal
2019 financial results.
About University of Louisville Hospital (UofL Hospital)
UofL Hospital, an academic teaching and research hospital, is at the heart of the Louisville Metro area in downtown Louisville.
UofL Hospital offers a second-to-none cancer center, world-renowned trauma team and a uniquely streamlined, nationally
accredited stroke center – the latest innovations in a history of world-class care. For more information visit https://uoflhospital.org/.
About University of Louisville Physicians (ULP)
ULP is the largest multi-specialty physician practice in Louisville with more than 78 sub-specialties, 110 locations, 1,200
dedicated staff professionals and more than 900 primary care and specialty physicians. The group's physicians are professors and
researchers with the University of Louisville School of Medicine, teaching tomorrow’s physicians and leading research into
innovative medical advancements. For more information, go to www.uoflphysicians.com.
About Premier Inc.
Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of approximately 3,900 U.S.
hospitals and health systems and approximately 150,000 other providers and 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, as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.
Forward-looking statements
Matters discussed in this release that are not statements of historical or current facts, such as UofL Hospital’s and UofL
Physicians’s anticipated use of Premier’s performance and supply chain 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.
Premier Inc.
Morgan Guthrie, 704-816-4152
Morgan_Guthrie@PremierInc.com
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