Premier Announces the Nation’s 100 Top Hospitals®

Rhea-AI Summary

Premier (NASDAQ: PINC) has announced its prestigious 100 Top Hospitals® list, published in Fortune®. The analysis revealed significant performance advantages of top hospitals compared to peers, including:

• 39% fewer inpatient deaths
• 26.5% fewer patient complications
• 32% fewer healthcare-associated infections
• 18% lower inpatient expenses
• 0.4-day shorter average stay
• Higher patient satisfaction (73% vs 68% HCAHPS score)

The study evaluated 2,599 acute care, non-federal U.S. hospitals across nine measures within five domains. If all hospitals matched top performers' standards, over 331,000 lives could have been saved, 611,000 additional patients could have been complication-free, and $15.1 billion in inpatient costs could have been saved. Additionally, 17 facilities received the Everest Award for achieving both the fastest improvement rate and highest current year performance.

Positive

• Comprehensive analysis demonstrates significant operational efficiency improvements
• Strong reduction in patient mortality and complications across top performers
• Substantial potential cost savings identified ($15.1B) through improved performance
• Higher patient satisfaction scores in top hospitals (73% vs 68%)
• Objective, data-driven evaluation process using public data

Negative

• Large performance gap between top hospitals and peers indicates systemic inefficiencies
• Significant number of preventable deaths and complications in non-top performing hospitals

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier, Inc. (NASDAQ: PINC), today announced the nation’s 100 Top Hospitals^® with the full list of recognized hospitals published in Fortune^®.

To create the list, an objective, quantitative analysis of publicly available data was conducted to identify the top hospitals in the United States. The primary purpose of Premier’s 100 Top Hospitals^® program is to inspire hospital and health system leaders to pursue higher performance and deliver added value to patients and communities. The program also provides all hospitals a custom performance report free of charge that reviews their performance in comparison to peer hospitals and the identified top hospitals. Participation in the study is not application-based, and award winners do not pay to market their honor.

The Performance of Facilities on Premier’s 100 Top Hospitals Program^® List

This year’s analysis compared the study’s top performing hospitals to a peer group of similar hospitals and found that Premier’s 100 Top Hospitals^® delivered better outcomes while operating more efficiently. Compared to their peers, this year’s top performers achieved:

• 39 percent fewer inpatient deaths than peer hospitals.
• 26.5 percent fewer patients with complications.
• 32 percent fewer healthcare-associated infections (HAIs).
• 18 percent lower inpatient expense per discharge.
• 0.4-day shorter average length of stay.
• A better patient experience at top performing hospitals compared to peer hospitals, with a top-box Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) score of 73 percent versus 68 percent at peer hospitals.

These outcomes add up to meaningful differences. According to the study’s analysis, if all hospitals operated at the level of this year’s top performers, more than 331,000 additional lives could have been saved, over 611,000 additional patients could have been complication-free and more than $15.1 billion in inpatient costs could have been saved for the 2025 study year.

This analysis is based on Medicare patients included in this study. If the same standards were applied to all inpatients, the impact could have been even greater.

“Premier’s 100 Top Hospitals^® program recognizes the dedication of our nation’s top hospitals to consistently deliver high-quality care while working to continuously improve quality, patient experience and operational efficiency,” said David Zito, Premier’s President of Performance Services. “The program’s transparent, non-biased and actionable data helps set critical benchmarks for hospitals nationwide and enables leaders to make data-driven decisions that benefit patients and the health of communities we serve.”

Everest Award

17 facilities received the Everest Award, which recognizes hospitals that set national benchmarks for both the fastest rate of improvement and highest current year performance on Premier’s 100 Top Hospitals^® balanced scorecard. This award recognizes the boards, executives and medical staff leaders who developed and executed strategies that helped drive the highest rates of improvement, resulting in the highest performance in the U.S. at the end of five years.

“We’re proud of the hospitals that achieved the Everest Award designation,” said Zito. “This recognition highlights their expertise and commitment to exceptional patient care while optimizing clinical, financial and operational improvements.”

Rankings Methodology

Premier’s 100 Top Hospitals^® program focuses on short-term, acute care, non-federal U.S. hospitals that treat a broad spectrum of patients. Researchers evaluated 2,599 short-term, acute care, non-federal U.S. hospitals and health systems. All research was based on the following public data sets: Medicare cost reports, Medicare Provider Analysis and Review (MEDPAR) data, and data from the Centers for Medicare & Medicaid Services (CMS) Care Compare website. For complete methodology details, please review the study here.

Eligible hospitals are ranked for performance across nine measures within five domains.

Final rank is determined based on performance for all individual measures. To allow for fair comparison, hospitals are stratified and then ranked within five separate peer groups with a pre-determined number of high-performing hospitals: major teaching hospitals (20 facilities), teaching hospitals (20 facilities), large community hospitals (20 facilities), medium community hospitals (20 facilities) and small community hospitals (20 facilities).

Methodology for Selecting Everest Award Recipients within Premier’s 100 Top Hospitals^® List

The methodology for selecting Everest Award recipients can be summarized in three main steps:

• Identify the annual 100 Top Hospitals benchmark hospitals using a balanced scorecard of performance measures from the most current data period available (2023 at the time of this study).
• Using our five-year (2019-2023) trending methodology to select the 100 hospitals that have shown the fastest, most consistent improvement rates on the same balanced scorecard of performance measures.
• Identifying those hospitals that ranked in the top 100 on both lists.

This methodology yields a select group of Everest Award Designation recipients. The number of top performers will vary every year, based solely on performance.

About Fortune

Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world's biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World's Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Brainstorm Tech, and Fortune Most Powerful Women. For more information, visit fortune.com.

About Premier

Premier, Inc. (NASDAQ: PINC) is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Playing a critical role in the rapidly evolving healthcare industry, Premier unites providers, suppliers, payers and policymakers to make healthcare better with national scale, smarter with actionable intelligence and faster with novel technologies. Headquartered in Charlotte, N.C., Premier offers integrated data and analytics, collaboratives, supply chain solutions, consulting and other services in service of our mission to improve the health of communities. Please visit Premier’s news and investor sites on www.premierinc.com; as well as X, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.

Premier, Inc. Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts, including but not limited to those related to Premier’s ability to advance its business strategies and improve healthcare, and the intended or expected performance or utility of Premier’s products and services, 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 performance or achievements 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. More information on risks and uncertainties relating to Premier and its products and services is included from time to time in the “Cautionary Note Regarding 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, which are also made available on Premier’s website at investors.premierinc.com. Forward-looking statements speak only as of the date they are made, and Premier undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events that occur after that date, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250402306850/en/

Media Contact:

Jennifer Gammage, PR Director

407.417.1506

public_relations@premierinc.com

Source: Premier, Inc.

FAQ

What significant improvements did Premier's PINC Top 100 Hospitals achieve in patient outcomes?

Top hospitals achieved 39% fewer deaths, 26.5% fewer complications, 32% fewer infections, and 18% lower expenses compared to peers.

How many hospitals were evaluated for Premier's PINC 100 Top Hospitals 2023 ranking?

2,599 short-term, acute care, non-federal U.S. hospitals were evaluated using public data from Medicare and CMS Care Compare.

What potential cost savings could be achieved if all hospitals performed like PINC's top 100?

Over $15.1 billion in inpatient costs could have been saved, based on Medicare patient data for the 2025 study year.

How many hospitals received Premier's PINC Everest Award in the latest ranking?

17 facilities received the Everest Award for achieving both the fastest improvement rate and highest current year performance.

What are the five hospital categories in Premier's PINC Top 100 ranking system?

Hospitals are ranked in five peer groups: major teaching, teaching, large community, medium community, and small community hospitals, with 20 facilities in each.