A longtime leader in healthcare improvement, we’re developing new ways to revolutionize the industry.

We deliver transformative solutions that power real results. See how we can help.

Optimizing Supply Chain
Integrating Pharmacy
Maximizing Value-Based Care
Awards

Transforming healthcare is more than our objective, it’s in our DNA. We’re dedicated to ensuring better health is just the beginning.

Sustainability

At every level of leadership, Premier’s experts are driving healthcare forward.

Leadership
Board of Directors
Speakers Bureau

Premier is more than a GPO. Combining robust analytics with consulting and advocacy, we’re changing the healthcare landscape for the better.  

Collective purchasing power lowers costs across your organization.

Intelligence plus unparalleled analytics equals data-driven solutions.

It’s only impossible until it’s not. Premier and our team of experts are transforming care delivery.

Work with Premier members to lower costs, improve quality and safety and succeed in value-based care.

A voice for better healthcare policy is a voice for you.  

Working closely with our members, we’re developing products and services to solve your most complex challenges.

Lower costs, greater efficiencies and a healthier bottom line.

Proven practices that result in better outcomes.

Intersecting specialty drugs with better management and data-driven best practices.

Controlling your future with integrated care delivery practices.

More savings and ROI is a win-win.

Data diving to deliver insights you can act on.

Supporting healthcare transformation through the generation of real-world evidence.

Working closely with our members, we're developing products and services to solve your most complex challenges.

Our most recent insights, articles and more, all in one place.  

Discover what leading healthcare providers are achieving through Premier membership.

Stay informed with our white papers, webinars and e-books.

Browse our blog for a taste of what’s new and what’s next in healthcare.

Premier’s perspectives have been solicited by nationally renowned publications. Read on.

Read Premier’s latest announcements.

Catch our policy statements and perspectives on the latest in DC.

Compelling stories from the front lines of America’s health systems.

The proactive, predictive and behind-the-scenes insights you need to stay ahead in healthcare delivered monthly to your inbox.

Managing and Mitigating Drug Shortages: Andy Brailo with OSF HealthCare, Part One

This is the first article in a multi-part series.

Jerry Storm, Senior Vice President of Pharmacy Services at OSF HealthCare, joins Premier’s Chief Customer Officer, Andy Brailo, for part one of an episode of 3Q that explores how tackling the root causes of drug shortages and deploying innovative strategies can help improve access to at-risk medicines.

Andy: We consistently see shortages of drugs that have been available and in the market for years, even relatively simple products like fluids and saline. What are the reasons these products can be in short supply?

Jerry: There's an unbelievable amount of time that all the pharmacies spend trying to address drug shortages and everyone knows it's a multi-faceted issue that's driven by a whole variety of different factors. One of the most frustrating part is many of these drugs are in short supply. They're older drugs that have been around for years and they’re low-cost generics and then all of a sudden it becomes short supply. A lack of competition is probably one of the primary drivers of this.

There's a high level of generics, concentration of market which has driven down to only a few manufacturers that make them. So, when there is a surge like we had throughout the pandemic, the supply chain just doesn't have the resiliency to be able to meet those demands. Likewise, since there's only a few manufacturers that's making these drugs the ability for them to operate and to be able to up their capacity is very limited.

You add then also to not only the few number of manufacturers but many times with these generic products there's other challenging factors such as manufacturing problems. They have quality issues that gets identified that may shut a manufacturer down which leaves only one manufacture to pick up that volume. Or you have unpredictable demand, which we all experienced over the last two years with the pandemic.

You have raw material shortages where you can't find the raw product to be able to manufacture it. It could be coming from China or overseas and its tide up in the shipping chains. Then you have barriers just simply getting new suppliers online to begin manufacturing these products and all that creates really the perfect scenario for shortages.

Sustainable solutions have to decrease these barriers to get new manufacturers to enter into this marketplace. Namely time and cost to enter is expensive. What can we do to be able to minimize that cost for a manufacturer to start manufacturing a product that probably is not going to be a big money winner? In some cases, there probably will be a loss leader for them, yet maintaining the quality of standards that we all expect.

How OSF HealthCare is deploying strategies to make a difference in addressing drug shortages is the subject for part two of this 3Q episode. To view future installments of our series, click here.

Login Register Change Registration