PremierConnect Wins IBM CTO Innovation Award for Advanced Analytics in Healthcare The Premier healthcare alliance’s integrated technology platform allows providers to interactively network, benchmark patient outcomes information and share best practices Business Wire CHARLOTTE, N.C. -- November 15, 2012 The Premier healthcare alliance has received IBM’s 2012 CTO (Chief Technology Officer) Innovation Award for PremierConnect™, its integrated technology platform. Using PremierConnect, providers benchmark patient level quality and financial outcomes data with national standards and against one-another to make high-quality, efficient care delivery decisions. Premier is the only organization to receive the CTO Innovation Award this year, which recognizes organizations that create an innovative, one-of-a-kind solution that extends the boundaries of current technology usage and provides a new vision that others may follow. Premier received the award at the 2012 IBM Information On Demand Conference in Las Vegas. Keith J. Figlioli, Premier’s senior vice president of healthcare informatics, described the power of Premier’s partnership with IBM in building PremierConnect as a keynote speaker during the conference’s general session. PremierConnect turns data from 2,700 hospitals, 90,000 other care sites and 400,000 physicians across Premier’s membership into meaningful information. The platform accesses the nation’s largest outcomes database, containing information from 1 in 4 U.S. hospital discharges, 2.5 million real-time clinical transactions daily and nearly $43 billion in annual purchasing data. It also enables health systems to interact within the world’s largest social healthcare network to share learnings and accelerate the adoption of best practices that improve the health of communities. Stakeholders across a health system can benefit from PremierConnect. For example: *A supply chain executive can make purchasing decisions based on price, quality and safety information from thousands of outcomes. They can interact with peers nationwide to get feedback on products they’re considering for contracts and be alerted when new contracts are launched to easily obtain best pricing. *A physician or chief medical officer can monitor clinical performance, understand practice variation, access patient level detail and support government reporting requirements. This information is clearly and simply presented and based on every diagnosis, procedure and patient visit. *An infection preventionist can be alerted to possible harm-related events within their system through real-time surveillance. They can also better coordinate care with other departments, such as pharmacy, to ensure the proper drugs are administered. *A human resources executive can access staffing plans and industry best practices to minimize inefficient processes that take too long or require too many employees to complete, or instances when higher paid employees do work that less expensive or experienced staff could do equally well. PremierConnect is powered by IBM information management, business analytics, enterprise content management, social business, Rational, Tivoli and WebSphere software, as well as IBM Power Systems hardware to provide insights from vast amounts of data. Premier has placed among the nation’s 100 top technology innovators on the InformationWeek 500 list for three years in a row. On the 2012 list, Premier ranked 30^th overall, and third in the healthcare industry. About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient Premier is a performance improvement alliance of more than 2,700 U.S. hospitals and 90,000 other sites using the power of collaboration and technology to lead the transformation to coordinated, high-quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier operates a leading healthcare purchasing network with more than $4 billion in annual savings. Premier also maintains the nation's largest clinical, financial and outcomes database with information on 1 in 4 patient discharges. A world leader in delivering measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services. Headquartered in Charlotte, N.C., Premier also has an office in Washington. http://www.premierinc.com. Stay connected with Premier on Facebook, Twitter and YouTube. Contact: Premier healthcare alliance Alven Weil, 704-816-5797
PremierConnect Wins IBM CTO Innovation Award for Advanced Analytics in Healthcare
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