Banner Health Confirms Ownership in Premier Inc. Healthcare Alliance.CHARLOTTE, N.C. -- Banner Health Banner Health is a non profit health system based in Phoenix, Arizona. The health system is one of the largest employer’s in the state - employing over 27,000 employees. , which provides healthcare services to more than 5,000 people a day in seven states from Alaska to Arizona, will continue its ownership position in Premier, 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. Banner Health has been a Premier owner since December 2000. "As the leader of Banner Health and as a member of Premier's board of directors for the past four years, I've seen Premier's impressive results first hand," said Peter S. Fine, Banner Health President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "I've seen how Banner Health has benefited from being guided along the supply chain continuum to great results, closer to the nexus of cost and quality." Banner Health Executive Vice President/Chief Administrative Officer Ron Bunnell said that with the renewal of the membership, Banner Health's "goal is to find ways to work with Premier to take greater advantage of Premier's significant quality outcome resources." Doug Bowen, Banner Health Vice President, Materials Management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , noted that with Premier's help Banner took actions that resulted in $9.6 million of implemented annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. supply chain savings in 2006. "We happen to be $9.3 million under budget for total supply expense, which is roughly equal to the savings that we have implemented. It's not always true that you can get a one-for-one visibility in savings falling to the bottom line, but this year we did." Said Brigita Bilsens, Premier Region Vice President, "For the past six years we have partnered with Banner Health on its supply chain journey to help them optimize contracts, utilization and standardization. In that time we have driven more than $90 million in value to Banner Health. Now we look forward to helping them move in the direction of maximizing both supply chain cost savings and quality outcomes." Premier President and CEO Richard A. Norling said, "We are truly honored to have an organization of Banner Health's stature as a Premier owner and look forward to continuing to both support and learn from one of America's leading healthcare systems. We also have profited immeasurably from Peter Fine's service on our board. He has helped us chart a course that maximizes the value of Premier for all its members." About Banner Health Based in Phoenix, Banner Health is one of the largest, nonprofit healthcare systems in the country with 20 facilities in seven states: Alaska, Arizona, California, Colorado, Nebraska, Nevada, and Wyoming. Banner Health offers hospital care, home care, hospice care, nursing registries, surgery centers, and laboratories with specialized services such as heart care, cancer treatment, delivery of high-order multiple births, organ transplants, bone marrow transplants bone marrow transplant: see bone marrow. , rehabilitation services, and behavioral health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or services. Banner Health conducts cutting-edge research aimed at helping patients suffering from some of the most serious diseases and conditions including spinal cord injuries Spinal Cord Injury Definition Spinal cord injury is damage to the spinal cord that causes loss of sensation and motor control. Description Approximately 10,000 new spinal cord injuries (SCIs) occur each year in the United States. and Alzheimer's disease Alzheimer's disease (ăls`hī'mərz, ôls–), degenerative disease of nerve cells in the cerebral cortex that leads to atrophy of the brain and senile dementia. . It has nearly 25,000 employees, including 17,000 in its Arizona region. 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 43,000 other healthcare sites, Premier Inc. is the largest healthcare alliance in the United States 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. |
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