Additional inflation estimates by category include clinical laboratory, foodservice, housekeeping, IT/telecommunications, pharmacy, support services, surgical services and women and children ™s. Premier polled more than 500 of its contracted suppliers to obtain market inflation estimates.
The report contains a wealth of materials to further assist members in dealing with the current economic realities, including accurate predictors of price inflation through an Inflation Calculator in Premier ™s Supply Chain Advisor. The online automated contract management system allows members to estimate their facility ™s total inflation impact by taking into account individual utilization patterns and the price protection offered by Premier ™s contracts.
What Premier alliance members and contracted suppliers are saying:
Economics is all about the allocation of limited resources. Today ™s environment reminds us that resources are indeed limited and we must allocate them wisely to achieve a goal which is the most important goal at CHS facilities: improving patient outcomes.
- Jim Olsen, vice president of Materials Resource Management at Carolinas HealthCare System.
We feel strongly that Summa is prepared and will continue to deliver quality care because of our structure as an integrated delivery system and because of sound business decisions that senior leadership has made.
- Mike Rutherford, chief financial officer, and Kevin Theiss, vice president of Revenue Cycle, Summa Health System
The industry needs to focus on the right product for the right task to prevent misuse, overuse, and ultimately unnecessary costs. As suppliers, we need to ensure our customers don ™t overbuy premium products when such use will not improve patient or caregiver outcomes.
- Judson Boothe, MBA, marketing director, Kimberly-Clark Corporation
Now more than ever, it is essential for all entities in the industry to communicate to make sure all of us are properly utilizing resources and avoiding waste. Most importantly, we need to communicate to ensure we ™re reaching our overall goal “ to provide healthcare professionals with the best products at the best prices, which will lead to the best possible outcomes.
- Scott Brown, president and COO of Sage Products Inc.
Source: Premier Inc.