Premier is reinventing the next generation of healthcare, using every tool in our arsenal to improve health outcomes and lower costs. Transforming healthcare is more than our goal – it’s in our DNA – and sustainability is at the heart of our mission to improve the health of communities. Our sustainability strategy reflects the intersection of our mission and business strategy and is centered on the environmental, social and governance (ESG) areas most critical to our stakeholders, guiding how we strive to make a positive impact for our communities, employees, partners, suppliers and the environment. We believe that our long-term success and sustainability strategy are interdependent and start with our unique culture – one that is committed to making a difference in all that we do.
We recognize the value of integrity as the underpinning of our business operations and relationships, and our approach to ethics and compliance begins at the highest level of our company. Based on our philosophy regarding the importance of sound corporate governance, our Board of Directors sets high standards for directors and workforce members alike.
Premier’s accomplishments over the past year demonstrate the continued collaboration between business leaders and our corporate compliance team toward achieving our business goals through a process that is focused on ethics and compliance. Named as one of the World’s Most Ethical Companies® by the Ethisphere® Institute for the 15th consecutive year, our continued success reflects our commitment to integrity and meeting the highest ethical standards. For more information on our compliance program, please see our most recent Annual Compliance Report.
Our People and Culture
Guided by our values, we work every day to make meaningful differences in healthcare. At the core of what we do is our most valuable resource – our people. Our values – integrity, innovation, passion for performance and focus on people – guide our business decisions and the manner in which we make them and are what make our solutions stand out. Without our focus on our mission and willingness to serve, our ability to deliver value would be vastly diminished.
Our "People First" Philosophy
We aim to build a culture of high-performing leaders and teams with a “people first” mindset for evolving our culture and organization, living by our values, and maintaining a high level of employee engagement and retention. Our ability to attract, engage, train, develop and retain top talent is critical to our success and the value delivered to our members, customers, stockholders and other stakeholders.
Our mission is quite simple: to improve the health of communities. We view this not only as our mission, but our social responsibility.
Premier plays a critical role in the rapidly evolving healthcare industry by collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. With our differentiated combination of integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, we are uniquely positioned to enable better care and outcomes at a lower cost.
We also aim to lead the transformation to high-quality, cost-effective healthcare by supporting the medically underserved throughout our communities. Through our data and analytics capabilities, collaboratives and other tools, we help healthcare providers better understand underserved populations and the root causes of disparate outcomes. Some of our initiatives include those dedicated to maternal health, opioid abuse, disparity gaps, social determinants of health and chronic health conditions.
Responsible Supply Chain
We believe we play a critical role in the rapidly evolving healthcare industry, collaborating with members and other customers to co-develop long-term, innovative solutions that reinvent and improve the way care is delivered to patients nationwide. Our supply chain approach is designed to provide our members with valuable access to scale efficiencies, actionable data intelligence and information resources to help them deliver higher-quality and more cost-effective healthcare. We believe that our partners throughout the supply chain rely on our integrity, expertise and professionalism. We aim to provide our members with high-quality products and services at the lowest price, and suppliers count on us to maintain competitive bidding processes that are fair, timely and understandable.
We are also committed to supplying our members with products that support the health of their patients, staff and communities. As part of this commitment, our sourcing committees include data on environmental impact in their contracting decisions. Enabled by our data-driven approach, forward-thinking supply chain teams are driving continued green innovations in healthcare that cut costs over the long-term, reduce environmental impact, and minimize negative consequences on public health.
Premier is a company built on the foundation of transforming healthcare within communities across the U.S., and we recognize that supplier diversity is an important component of our members’ success. Diverse suppliers help our hospitals create jobs and improve the quality of life in the communities they serve. Learn more about our supplier diversity.
Managing Our Climate Impact
A healthy planet means healthy people. Premier recognizes that our mission to improve the health of communities is intrinsically linked to our social responsibility. As a healthcare improvement company, we are committed to protecting and enhancing the environment through responsible business operations and helping our members and other customers choose products and services that are safe and efficacious for the patients they serve, yet, at the same time, minimize their environmental footprint.
Reflecting our commitment to a healthier planet, we recently adopted our Environmental Policy, conducted a greenhouse gas assessment to baseline our carbon footprint for Scope 1 and 2 emissions, and continue to build organizational alignment on environmental issues. We strive to be a leader in supply chain sustainability and responsible operations and will target the reduction of our carbon footprint to support pathways to achieving net zero.