Premier : Three Ways Providers Should Address Drug Shortages
May 31, 2016 at 04:07 pm EDT
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Managed Healthcare Executive: Preventing drug shortages requires a 'swat team' mentality by all, including FDA, manufacturers, group purchasing organizations (GPOs), and health systems. For starters, faster FDA approvals would help to eliminate the backlog of generic medications, says Michael Alkire, chief operating officer for Charlotte, North Carolina-based Premier, a national alliance of hospitals and healthcare providers. Efforts are underway by FDA to expedite the process of getting new entrants into the marketplace to help drive competition and create healthier markets.
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Premier Inc. published this content on 31 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 May 2016 20:06:08 UTC.
Original documenthttps://www.premierinc.com/three-ways-providers-address-drug-shortages/
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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.