Premier : GPOs Want Trump to Cut Red Tape and Speed Up the FDA to Boost Supplier Competition
February 06, 2017 at 02:49 pm EST
Share
Modern Healthcare: Ebert, Hatcher and Premier COO Mike Alkire all said importation is only a short-term solution that ultimately could create shortages and disrupt access to medicines. Alkire said the drug industry needs more competitors in any given category in order to drive down costs. 'Premier believes that creating healthier markets is the best way to drive down costs,' Alkire said, adding that their analytics show three or more suppliers in a category has consistently driven down costs. To that end, Charlotte, N.C.-based Premier sees an opportunity for the Trump administration to eliminate red tape that prevents competition, Alkire said. Trump this week issued an executive order requiring bureaucrats to eliminate at least two regulations for every one new regulation they wish to implement.
Full story
Premier Inc. published this content on 01 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 February 2017 19:49:07 UTC.
Original documenthttps://www.premierinc.com/gpos-want-trump-cut-red-tape-speed-fda-boost-supplier-competition/
Public permalinkhttp://www.publicnow.com/view/38C7FF10D313FFA7CEFDD5930A9D93FC6D1D04CC
Premier, Inc. is a healthcare improvement company uniting an alliance of approximately 4,350 United States hospitals and health systems and approximately 300,000 other providers and organizations. It operates through two segments: Supply Chain Services and Performance Services. The Supply Chain Services segment includes the Companyâs group purchasing organizations (GPO), supply chain co-management, purchased services, and direct sourcing activities. The Performance Services segment consists of three sub-brands, which include PINC AI, the Companyâs technology and services platform; Contigo Health, the Companyâs direct-to-employer business; and Remitra, the Companyâs digital invoicing and payables business. It delivers technology-enabled platform that offers critical supply chain services, clinical, financial, operational and value-based care software as a service (SaaS) as well as clinical and enterprise analytics licenses, consulting services, and third-party administrator services.