PINC AI™ and Fortune Name the Nation’s 15 Top Health Systems™

Rhea-AI Summary

PINC AI™, the technology and services brand of Premier, Inc. (PINC), announced the nation’s 15 Top Health Systems™. The list, published by Fortune, recognizes health systems that could have saved 200,000 lives and reduced complications for 177,000 patients in 2023. The top-performing health systems had 21% fewer deaths, 5% fewer complications, 21% fewer healthcare-associated infections, and better patient experience scores.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- PINC AI^™, the technology and services brand of Premier, Inc. (NASDAQ: PINC), today announced the nation’s 15 Top Health Systems^™. The list of recognized health systems for the 15^th consecutive year was published in an exclusive online article by Fortune.

Based on the data analyzed, it is estimated that, if all health systems performed at the same level of this year’s winners, more than 200,000 additional lives could have been saved and more than 177,000 additional patients could have been complication free for the 2023 study year.

The highest-performing health systems in the 2023 study year had, compared to non-winning health systems:

• 21 percent fewer deaths.
• 5 percent fewer patients with complications.
• 21 percent fewer healthcare associated infections (HAIs).
• 0.5-day shorter average length of stay.
• Better reported patient experience scores, with a top-box Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) score of 74 percent versus 69.6 percent for non-winning hospitals.

15 Top Health Systems^™ Performance

To create the list, an objective, quantitative analysis of publicly available data was conducted to identify the top health systems in the U.S. The primary purpose of the PINC AI^™ 15 Top Health Systems^™ study is to inspire hospital and health system leaders to pursue higher performance and deliver added value to their patients and communities.

For the 15^th year in a row, the quantitative study is based on a balanced scorecard which consists of a variety of measurements distributed across four pillars: clinical, financial, operational and patient experience. Health systems neither apply to participate nor can they opt in or out of the study, and award winners do not pay to market their honor. All data is made available to increase transparency of performance for all health systems.

The study is more than a list of accomplishments – it's a method that U.S. health system leaders can use to help guide their own performance initiatives and identify areas for improvement. By highlighting key metrics and areas of success for the highest-performing health systems around the country, PINC AI^™ helps create aspirational benchmarks for the rest of the industry.

“Health systems need and continue to recognize the importance of forward-thinking leaders that can help guide operational, financial, and quality improvement and overall success,” said Michael J. Alkire, Premier’s President and CEO. “PINC AI^™ applauds these 15 Top Health Systems^™ for their achievement and strong leadership that has helped them deliver data-driven excellence, reduced HAIs, lower inpatient mortality and better reported patient experiences. Other health systems should consider leveraging their own transparent PINC AI^™ data and trends reports as well as the benchmarks set by these high-performing leaders across the nation to impact their performance improvement initiatives.”

The 15 Top Health Systems^™ program aligns with existing PINC AI^™ solutions. It provides an objective measure of health system performance overall and offers insight into the ability of a system’s member hospitals to deliver consistent top performance across the communities they serve, all based on a national health system scorecard. No other ranking program provides as detailed insights, national benchmarks and trend reports as the 15 Top Health Systems^™ program.

Rankings Methodology

The 15 Top Health Systems^™ quantitative study is based on clinical, operational, financial and patient perception-of-care measures that form a balanced scorecard. The scorecard results are divided into two separate sections that graphically illustrate:

• A health system’s performance and improvement versus peer health systems.
• Cross-system performance alignment of system hospitals.

The study is designed to provide a view of health system performance across multiple dimensions: how they stand compared to peers and high performers (whole-system performance), where they stand in the evolution of their own cultures of performance improvement (relative long-term improvement and rate of improvement), and the achievement of cross-system performance alignment (system hospital performance). For complete methodology details, please review the complete study here.

Eligible health systems are determined based on final scorecard performance. To account for differences in scale among health systems, the study categorizes health systems into three groups: large, medium and small health systems.

About the PINC AI™ Platform

PINC AI^™ is the technology and services platform of Premier, Inc. (NASDAQ: PINC). With more than 20 years’ worth of cost, quality and operational data gleaned from 45 percent of U.S. hospital discharges, 2.7 billion hospital outpatient and clinic encounters and 177 million physician office visits, the PINC AI^™ platform provides actionable intelligence to help improve outcomes, support improved financial performance and enable success in new, alternative payment models. PINC AI^™ incorporates the 100 Top Hospitals^® Program that inspires hospital and health system leaders to pursue higher performance and deliver added value to their patients and communities. PINC AI^™ offerings rely on advanced analytics to identify improvement opportunities; support award-winning Strategic Collaboratives for value-based care, maternal and infant health, workforce innovation, and health equity; and consulting services for clinical and operational design, and workflow solutions to hardwire sustainable change. The PINC AI^™ platform is also the data engine powering Premier’s newest brands – Remitra^® and Contigo Health^®. With a leading network of provider organizations, the PINC AI^™ platform accelerates ingenuity and serves as a large-scale innovation catalyst in healthcare. PINC AI^™ offerings and capabilities can be followed on X (formerly Twitter) and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231205562448/en/

Jennifer Gammage, PR Director

407.417.1506

public_relations@premierinc.com

Source: Premier, Inc.

FAQ

What did PINC AI™ announce?

PINC AI™ announced the nation’s 15 Top Health Systems™.

How many lives could have been saved according to the announcement?

The announcement stated that more than 200,000 lives could have been saved.

What percentage of deaths were lower in top-performing health systems?

Top-performing health systems had 21% fewer deaths compared to non-winning health systems.

How were the health systems ranked?

The ranking was based on a balanced scorecard that includes clinical, financial, operational, and patient experience measurements.

Who is the President and CEO of Premier, Inc.?

Michael J. Alkire is the President and CEO of Premier, Inc.