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Premier, Inc. (NASDAQ:PINC), a leading technology-enabled healthcare performance improvement company, today announced that it has entered a five-year group purchasing agreement with Premier Infusion and Healthcare Services, Inc. (Premier Infusion and HCS). Premier Infusion and HCS is a closed-door infusion pharmacy based in Torrance, California, serving all counties in California as well as Arizona, Colorado, Idaho, Illinois, Nevada and Washington State. The agreement supports Premier Infusion and HCS's strategic expansion into the ambulatory infusion clinic (AIC) market as well as additional states, building on its excellence in home infusion services while serving a growing need for outpatient infusion services.
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Under the terms of the agreement, Premier, Inc. will provide group purchasing and supply chain management services designed to support Premier Infusion and HCS's continued growth and operational excellence. The partnership will enable Premier Infusion and HCS to leverage Premier, Inc.'s extensive purchasing network and expertise, supporting their efforts to achieve greater cost efficiencies, improve clinical outcomes and streamline procurement processes.
"We are proud to play a role in the continued expansion of Premier Infusion and HCS's outpatient infusion services," said Andy Brailo, Premier, Inc.'s Chief Commercial Officer. "Premier's supply chain management services and technology will help support operational efficiency, cost containment and scalable growth to ensure that more patients receive the high-quality care they deserve. Equally important, this new group purchasing agreement speaks to the competitive strength and continued growth of Premier's continuum of care purchasing and support services business."
Premier Infusion and HCS is recognized within the healthcare industry for its commitment to patient-centered care and expertise in home infusion therapy. The five-year agreement is expected to exceed an estimated $50 million in annual contract spend as part of Premier, Inc.'s continuum of care GPO purchasing volume.
"Together, we're creating a more efficient pathway to expand access to high-quality infusion care," said Sina M. Refua, PharmD., BCNSP, Premier Infusion and HCS's President and Founder. "This partnership enables us to streamline operations and improve cost-effectiveness as we expand our service offering and geographic footprint."
Posted In: PINC
