Printer Friendly
The Free Library
5,661,266 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

180 Hospitals Now Signed up For SpendAdvisor, Premier's Groundbreaking Spend Analytics Tool.


CHARLOTTE, N.C. -- Ten more Premier members representing 48 hospitals and a wide range of healthcare delivery services have chosen SpendAdvisor, the healthcare alliance's innovative spend management decision-support tool, to significantly reduce their supply chain expenses.

The most recent additions bring to more than 180 the number of hospitals now signed on to use the spend analytics tool to uncover new opportunities for reducing costs and improving efficiencies in managing supply expenses. Together, the healthcare facilities represent nearly $2 billion in annual spend.

"We've been piloting SpendAdvisor for two years with proven results," said Bill Marquardt, Premier vice president, product development and adoption. "It's a powerful tool that puts contract managers in charge of controlling supply expenses.

"SpendAdvisor gives supply chain staff the information they need - readily available in one place - to ensure they can take advantage of every single savings opportunity available to them," he said.

The newest Premier SpendAdvisor clients are

* Adventist Health in Roseville, Calif., a 22-hospital, four-state IDN (Internationalized Domain Name) A .com or .net domain name that is represented in non-English characters and symbols, with .com and .net appended at the end in English letters.  affiliated with the Seventh-day Adventist Church The Seventh-day Adventist Church (abbreviated "Adventist"[2]) is a Protestant Christian denomination which is distinguished mainly by its observance of Saturday, the "seventh day" of the week, as the Sabbath. .

* Alamance Regional Medical Center in Burlington, N.C, a 218-bed community hospital and healthcare system.

* Baptist Health in Jacksonville, Fla., a five-hospital IDN serving northeastern Florida and southeastern Georgia.

* Baptist Healthcare System in Louisville, Ky., a five-hospital system including a managed hospital serving the state of Kentucky.

* Harris County Hospital District The Harris County Hospital District is a governmental entity with taxing authority that owns and operates three hospitals and numerous clinics throughout Harris County, Texas, including the city of Houston.  in Houston, a three-hospital public healthcare system serving for the nation's third most populous county.

* Norton Healthcare Norton Healthcare is Kentucky's largest healthcare system with 40 locations in and around Louisville, Kentucky. Founded in 1886, Norton's current major products include pediatrics; women's services; orthopedics; cardiac care; stroke care; advanced surgical services; cancer  in Louisville, Ky., a five-hospital IDN serving Kentucky and southern Indiana Southern Indiana, in the United States, is notable because it is culturally distinct from the rest of the state. The area's geography has led to a blend of Northern and Southern culture that is not found in the rest of Indiana. .

* St. Luke's St. Luke's or St Luke's can refer to:
  • St Luke's, a district of London;
  • St Luke's High School, a Catholic secondary school in Barrhead, Glasgow.
  • St Luke's C. of E., a primary school in Formby, Liverpool, England.
  • The name of a church, see St.
 Episcopal Health System in Houston which includes St. Luke's Episcopal Hospital This hospital-related article is a stub. You can help Wikipedia by [expanding it].

St.
, home of the Texas Heart Institute.

* Trover One of the old common-law Forms of Action; a legal remedy for conversion, or the wrongful appropriation of the plaintiff's Personal Property.

Early in its history, the English Common Law recognized the rights of a person whose property was wrongfully held (or
 Health System in Madisonville, Ky., an IDN serving western Kentucky that includes 410-bed Regional Medical Center and the Trover Clinic.

* Two Andover, Mass.-based Yankee Alliance members: Arnot Ogden Medical Center, a 256-bed tertiary medical facility in Elmira, N.Y., and 206-bed Winchester (Mass.) Hospital.

Using purchase order data submitted by participating Premier members, suppliers, pharmacy wholesalers and industry data, SpendAdvisor clients can identify savings opportunities and optimize contract utilization. Members can easily spot price parity issues, validate receipt of contract savings, identify conversion opportunities, and benchmark pricing.

SpendAdvisor features dashboard views of an organization's purchases and custom report-writing to provide on-demand access to all spend data. The tool has been designed to summarize key data points into a concise, user friendly format that facilitates a high degree of data interaction.

SpendAdvisor dashboards transform millions of transaction records into simple, accessible information that is displayed in interactive graphs and charts. Users get rapid access to supply chain savings opportunities, areas for greater contract optimization and standardization, and contract utilization data.

About Premier, 2006 Malcolm Baldrige National Quality Award The Malcolm Baldrige National Quality Award is given by the United States National Institute of Standards and Technology. Through the actions of the National Productivity Advisory Committee chaired by Jack Grayson, it was established by the Malcolm Baldrige National Quality  recipient

Serving 1,700 hospitals and more than 44,000 other healthcare sites, Premier Inc. is the largest healthcare alliance in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  dedicated to improving patient outcomes while safely reducing the cost of care. Owned by not-for-profit hospitals, Premier operates the nation's largest healthcare purchasing network, the most comprehensive repository of hospital clinical and financial information and one of the largest policy-holder owned, hospital professional liability risk-retention groups in healthcare. Headquartered in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Premier has offices in Charlotte, N.C. and Washington. For more information, visit www.premierinc.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 22, 2007
Words:537
Previous Article:The Hartford Increases Share Repurchase Authorization to $2 Billion and Announces Quarterly Dividend.
Next Article:Spirit Finance Corporation Announces Fourth Quarter and Full Year 2006 Results.(Financial report)
Topics:



Related Articles
Some things old, some things new: Comdex 2001: will technology revive in 2002? (Tech News).(Brief Article)
SIX FLAGS EMPLOYEE IS RESCUED.(News)
Makro Technology signs lease at 1 Washington Park.(NEW JERSEY)
Premier Inc. To Moderate Roundtable Discussion at World Health Care Congress In Washington, D.C.; April 17 Executive Discussion Series to Address the...
Wider Use of Quality Measures from Pay-for-Performance Project Could Save Thousands of Lives, Reduce Hospital Costs.
Industry Experts to Discuss Premier Inc. Evidence That High-Quality Healthcare Can Cost Less.
"Green" Computer and Electronic Options Now Available to Hospitals and Healthcare Providers Through Premier Healthcare Alliance Agreements with Dell...
Premier Acquires CareScience, Strengthening Ability of Hospitals to Improve Quality While Safely Reducing Cost.
CHRISTUS Santa Rosa Selects Premier Healthcare Alliance to Better Patient Outcomes, Reduce Costs Through Improved Operations, Staffing and Labor...
The Methodist Hospital System Signs Agreement with MedAssets(R).

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles