Inova Receives 2016 Premier Excellence Award

CHARLOTTE, N.C., Jan. 27, 2016 -- Inova, a five-hospital healthcare system and leader in delivering personalized health throughout the Washington, DC, metro area and beyond, has been nationally recognized with the 2016 Premier Excellence Award.

The award was presented to Inova by Premier, Inc. (NASDAQ:PINC), a leading healthcare improvement company. Inova was selected for exemplifying the highest level of industry innovation and advancement in delivering high quality, cost effective care across Premier’s alliance of approximately 3,600 U.S. hospitals and 120,000 other providers. Serving more than two million people, Inova operates a comprehensive network of hospitals, outpatient services and facilities, primary and specialty care practices, and health and wellness initiatives.

“Inova’s consistent drive to accelerate healthcare innovation and excellence, coupled with their willingness to share best practices, is setting an industry standard,” said Susan DeVore, president and CEO, Premier. “We’re proud to recognize their many accomplishments, as they are an integral part of the Premier alliance.”

Through its collaboration with Premier over the past two and a half years, Inova has reduced mortality and readmissions, achieved unprecedented “A” grades in national patient safety ratings at all five hospitals, and saved more than $250 million in total care costs. More than $50 million in savings is attributed to supply chain costs, alone.

Inova President and COO Mark Stauder said, “This award is the result of true collaboration. The Premier alliance is a strong and powerful network of providers working together to move from reactive to preventive to predictive medicine so we can fundamentally transform healthcare. We are thrilled to be recognized among the many alliance leaders in this area.”

Inova engages in healthcare improvement initiatives with Premier experts and alliance members to improve quality, reduce costs, drive clinical integration and advance value-based care models. This includes Premier collaboratives to improve quality, antibiotic stewardship, and population health and cost management. To complement this work, Inova leverages predictive analytics and Premier advisory services for integrated, technology-enabled clinical, operational and financial improvement across the continuum. In addition, Inova representatives serve on a number of Premier’s strategic advisory committees to further lead alliance member efforts to transform healthcare.

Inova received the annual Premier Excellence Award on Jan. 26, 2016. Previous award winners include Riverside Health System (Newport News, Virginia), Mercy Health (Cincinnati), Texas Health Resources (Arlington, Texas), Banner Health (Phoenix), and Bon Secours Health System, Inc. (Marriottsville, Maryland).

About Inova
Inova is a not-for-profit healthcare system based in Northern Virginia that serves more than two million people each year from throughout the Washington, DC, metro area and beyond. Inova is a comprehensive network of hospitals, outpatient services and facilities, primary and specialty care practices, and health and wellness initiatives. Inova encompasses the full array of health services, including the area’s only Level 1 Trauma Center and Level IV neonatal intensive care unit (NICU). Inova is home to many nationally and internationally recognized programs, including Inova Heart and Vascular Institute (IHVI), Inova Translational Medicine Institute (ITMI), and the Inova Dwight and Martha Schar Cancer Institute. Inova is a global leader in developing and applying personalized health. Connecting researchers, clinicians and empowered consumers, Inova integrates genomic research for patient care, prevention and wellness. Inova’s personalized health approach enables individuals to live longer, healthier lives. www.inova.org.

About Premier, Inc.
Premier, Inc. (NASDAQ:PINC) is a leading healthcare improvement company, uniting an alliance of approximately 3,600 U.S. hospitals and 120,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost. Premier, a Malcolm Baldrige National Quality Award recipient, plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier’s news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.

CONTACT: Morgan Guthrie, Premier, Inc.; [email protected]; 704.816.4152