Bon Secours Mercy Health Partners with Premier Inc. on Clinical Innovation and Integration Initiatives

CHARLOTTE, N.C. — Bon Secours Mercy Health, one of the nation’s 20 largest health systems, has renewed and expanded its partnership with Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, to support its efforts to further innovate, grow and deliver excellent care.

The fifth largest catholic healthcare ministry in the nation serving communities along the east coast and in Ohio and Kentucky, Bon Secours Mercy Health operates 43 hospitals and 1,000 care sites, employing 2,100 physicians. As longtime Premier^® members before the merger, Bon Secours and Mercy Health previously accessed Premier’s supply chain and performance improvement services. The newly merged system, which continues to access Premier’s supply chain services, has renewed and expanded its access to Premier’s performance services. The agreement includes the PremierConnect^® enterprise data warehouse and analytics platform, as well as self-service and clinical decision support analytics ministry-wide.

“We are rapidly working through harmonization across the ministry,” said Chris Hilton, Senior Vice President of Operations Finance at Bon Secours Mercy Health. “Premier’s expertise and technology capabilities will continue to support our work providing a big-picture view as well as the deep level of data and insights that allows large systems like ours to make meaningful connections. That translates into actions aimed at improving efficiency, clinical excellence and ultimately community health and well-being.”

The PremierConnect data warehouse and analytics platform will be deployed across Bon Secours Mercy Health’s facilities to integrate and align its people, processes and technologies. This includes Premier’s enterprise-wide operational, quality improvement, service line, labor benchmarking and supply chain analytics, as well as a dedicated team of subject matter experts and Premier’s newly-acquired clinical decision support capabilities that will be embedded inside Bon Secours Mercy Health’s EHR workflow.

“Today’s healthcare landscape demands that providers adopt a holistic, clinically-integrated approach to care delivery,” said Leigh Anderson, President of Performance Services at Premier. “Bon Secours Mercy Health is the latest industry leader leveraging Premier’s ‘control tower’ strategy, which is designed to monitor and manage enterprise-wide practices, as well as provide business intelligence to enable scalable improvements in quality, efficiency and costs across the largest health systems. We look forward to continuing our work with them to drive clinical, financial and operational excellence across their ministry.”

The financial impact of the agreement was not disclosed.

Forward-looking statements

Matters discussed in this release that are not statements of historical or current facts, such as Bon Secours Mercy Health’s anticipated use of Premier’s supply chain and performance services at expected levels, as discussed herein, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Premier to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. Forward-looking statements may include comments as to Premier’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside Premier’s control. More information on potential factors that could affect Premier’s financial results is included from time to time in the “Forward Looking Statements,” “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Premier’s periodic and current filings with the SEC and available on Premier’s website at investors.premierinc.com. Forward looking statements speak only as of the date they are made. Premier undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date.

About Bon Secours Mercy Health

For nearly 200 years, the historical founders of Bon Secours Mercy Health have been providing care to those in need. Today, the ministry is one of the top 20 health systems in the United States and part of the top performing quartile of Catholic health systems for lowest cost per case for patient care. This quality care is provided by more than 57,000 employees serving communities throughout Florida, Kentucky, Maryland, New York, Ohio, South Carolina and Virginia. The health care ministry provided care for patients more than 10.3 million times in 2017 through its network of more than 1,000 care sites, including 43 hospitals, more than 50 home health agencies, hospice agencies, and skilled nursing and assisted living facilities. Consistent with its commitment to serve each patient with dignity, Bon Secours Mercy Health provides nearly $2 million per day in community benefit. The Mission of Bon Secours Mercy Health is to extend the compassionate ministry of Jesus by improving the health and well-being of its communities and bring good help to those in need, especially people who are poor, dying and underserved. For more information, visit www.bsmhealth.org.