Sustainability at Premier

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 believe that we are uniquely positioned to enable better care and outcomes and improve overall patient experience at a lower cost.

Supporting the Health of Historically Marginalized Patients

We aim to lead the transformation to high-quality, cost-effective healthcare by supporting the care for people who have been historically marginalized throughout our communities. Through our data and analytics capabilities, collaboratives and other tools, we help healthcare providers better understand populations that experience health inequities, the severity of health-related problems and the root causes of inequitable outcomes, connecting providers to best practices and care bundles for remediation. Some of the initiatives we have in place to help address health inequities include those dedicated to improving maternal and infant health, opioid abuse, preventing and managing chronic health conditions, increasing representativeness in research and addressing social drivers of health.

Learn more about how Premier supports Population Health.

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. Our Board sets high standards for our directors and workforce members, which include employees and contractors, based upon our philosophy regarding the importance of sound corporate governance.

Corporate Governance

Premier’s accomplishments over the past year demonstrate the continued collaboration between business leaders and our Corporate Compliance team toward our growth goals through a safe and secure process. Named as one of the World’s Most Ethical Companies^® by the Ethisphere^® Institute for the 16th consecutive year, our continued success reflects our commitment to integrity and meeting the highest ethical standards.

Learn more about Premier's compliance program.

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, staying true to our values, and maintaining a high level of employee engagement and retention. Our people strategy is anchored upon three foundational goals:

• Attract the best people through effective workforce planning and recruiting strategy.
• Maintain a high-performing workforce with clearly defined goals, strong leadership and aligned incentives.
• Create a compelling work environment where employees feel valued and able to contribute to the success of the business through fostering innovation, collaboration and growth.

Learn more about Our Culture.

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.

Supply Chain Environmental Sustainability

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.

Supplier Diversity

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. We believe that diverse suppliers help our hospitals create jobs and improve the quality of life in the communities they serve.

Learn more about Premier's Supplier Diversity.

Managing Our Climate Impact

A healthy planet means healthy people. We strive to reduce our environmental impact and help our members integrate environmentally friendly practices into their own operations.

Addressing Climate Change

We are cognizant of our duty to reduce the environmental impact of our operations in a fiscally responsible manner and are taking steps to shore up our resilience and adaptability. We are utilizing a phased approach to understand our baseline emissions as an organization, establish effective governance and oversight structures, and identify the next steps to take to do our part in a transition to a low-carbon economy.

For more information on our approach to managing our emissions and key climate-related risks and opportunities, please see the Task Force on Climate-Related Financial Disclosures (TCFD) table in our 2023 Sustainability Report.