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.

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Premier Inc. published this content on 01 February 2017 and is solely responsible for the information contained herein.
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