Premier Inc. to Deploy Enterprise Resource Planning Solution Across University Health System

Academic health system builds on Premier®
partnership to rapidly drive efficiencies across its teaching hospital
and network of outpatient healthcare centers

CHARLOTTE, N.C.–(BUSINESS WIRE)–Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company,
is implementing its enterprise resource planning (ERP) solution, as well
as its cost accounting/patient analytics and budgeting/forecasting
offerings at University Health System in San Antonio, Texas.

A nationally-recognized teaching hospital and network of outpatient
healthcare centers, University Health System is expanding
its engagement
with Premier due to its unique ability to quickly
automate and standardize financial and operational processes, and
improve performance. Premier’s ERP system is designed specifically for
healthcare providers and combines industry-leading supply chain and
financial capabilities with robust analytics and data.

“We are always looking for ways to improve our excellent patient care,”
said Reed Hurley, Executive Vice President and Chief Financial Officer
at University Health System. “Premier’s focus on cost and
quality, accelerated implementation as well as its expertise will allow
us to streamline workflows, identify opportunities for greater
efficiencies and take immediate action. We look forward to continuing
our work with Premier.”

Premier’s ERP solution is accessed through PremierConnect®,
allowing University Health System to access a robust data and analytics
platform to better support their integration and standardization goals.
The cloud-based solution is designed for healthcare’s unique processes,
data and direct impact on patient care so that health systems are able
to realize value quickly.

“We have been working with University Health System to improve quality
and costs across its system and are excited to take our relationship to
the next level,” said Leigh Anderson, President of Performance Services
at Premier. “ERP technologies that digitize and automate internal
processes have been around for decades. However, next-generation
technologies like Premier’s provide a holistic, intuitive and
intelligent experience that empowers providers to more proactively and
precisely control costs.”

University Health System is a member of America’s Essential Hospitals,
which represents more than 300 hospitals dedicated to caring for the
vulnerable and training the nation’s healthcare workforce. Premier has
an exclusive partnership with America’s Essential Hospitals to drive new
advances in care quality, costs and population health at essential
hospitals.

The financial terms of the agreement were not disclosed.

Forward-Looking Statements

Matters discussed in this release that are not statements of historical
or current facts, such as University Health System’s anticipated use of
Premier’s supply chain and performance services at expected levels, as
discussed herein, 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 the actual results, performance or achievements
of Premier 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. In addition to statements
that explicitly describe such risks and uncertainties, readers are urged
to consider statements in the conditional or future tenses or that
include terms such as “believes,” “belief,” “expects,” “estimates,”
“intends,” “anticipates” or “plans” to be uncertain and forward-looking.
Forward-looking statements may include comments as to Premier’s beliefs
and expectations as to future events and trends affecting its business
and are necessarily subject to uncertainties, many of which are outside
Premier’s control. More information on potential factors that could
affect Premier’s financial results is included from time to time in the
“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 and available on Premier’s website at investors.premierinc.com.
Forward-looking statements speak only as of the date they are made.
Premier undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise that occur after that date.

About University Health System

University Health System is a nationally recognized teaching hospital
and comprehensive network of outpatient healthcare centers throughout
San Antonio, Texas. University Health System, marking more than 100
years of service, is proudly owned by the people of Bexar County and
partnered with UT Health San Antonio. As South Texas’ only academic
medical center, University Health System patients benefit from the
latest technologies and advanced treatment options for even the most
complex illnesses and injuries. Learn more at UniversityHealthSystem.com.

About Premier Inc.

Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company,
uniting an alliance of more than 4,000 U.S. hospitals and health systems
and approximately 165,000 other providers and organizations to transform
healthcare. With integrated data and analytics, collaboratives, supply
chain solutions, and consulting and other services, Premier enables
better care and outcomes at a lower cost. Premier 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,
Instagram
and Premier’s
blog
 for more information about the company.

Contacts

Noah Zachary, Premier Inc.; [email protected];
212.201.1251

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