University of Louisville Hospital receives national Premier healthcare alliance award for superior purchasing initiatives
Community and Media Relations Manager
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Louisville, Ky. (July 9, 2013)—University of Louisville Hospital, part of KentuckyOne Health, is a winner of the Premier healthcare alliance’s seventh annual Supply Chain Excellence Award
Premier, a provider-owned performance improvement alliance of more than 2,800 hospitals and nearly 100,000 other care sites across the nation, honors select member hospitals each year for achieving superior supply expense performance. University of Louisville Hospital is one of only 29 Premier members to receive the award this year.
“University of Louisville Hospital is saving on everything from paper good commodities to clinical care supplies,” said Don Kupper, Don B. Kupper R.Ph. MBA FACHE, vice president supply chain, chief pharmacy officer, clinical operations, University of Louisville Hospital. “We strive to be good stewards of our resources so we can offer the best care to those in our community who need it most.”
“We are happy to celebrate University of Louisville Hospital’s purchasing practices with this honor as they work to provide high-value, cost-effective care to their community,” said Premier President of Supply Chain Services Durral R. Gilbert. “Not only have they advanced their supply purchasing strategies but they are continuously collaborating to share best practices that support the Premier alliance.”
Supply expense performance is measured by SupplyFocus
®, the industry’s largest comparative database of operational and supply chain cost information for acute care hospitals. Winners were identified using four industry standard supply expense ratios and a case-mix-index-based peer grouping methodology to ensure that organizations of diverse sizes and complexity were considered equally.
Supply expense ratios are supply expense as a percent of total operating expense, supply expense as a percent of net patient revenue, supply expense per adjusted patient day and supply expense per adjusted discharge.
To be eligible, each organization had to submit four quarters of calendar 2012 data to SupplyFocus. With 40 indicators measuring and trending performance in cost and operations, SupplyFocus enables hospitals to compare supply expense performance to that of similar facilities and easily identify improvement opportunities.
About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient
Premier is the nation’s largest performance improvement alliance of more than 2,800 U.S. hospitals and nearly 100,000 other sites using the power of collaboration and technology to lead the transformation to coordinated, high-quality, cost-effective care. Owned by healthcare providers, Premier operates a leading purchasing network with more than $5 billion in annual savings. Premier also maintains clinical, financial and outcomes databases based on 1 in every 4 patient discharges. A world leader in measurably improving patient care, Premier has the largest performance improvement collaboratives in America, including one in partnership with the Centers for Medicare & Medicaid Services. Headquartered in Charlotte, N.C., Premier also has an office in Washington. https://www.premierinc.com
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About KentuckyOne Health
KentuckyOne Health was formed when two major Kentucky health care organizations came together in early 2012. KentuckyOne Health combines the Jewish and Catholic heritages of the two former systems – Jewish Hospital & St. Mary’s HealthCare and Saint Joseph Health System. In late 2012, the organization formed a partnership with the University of Louisville Hospital | James Graham Brown Cancer Center. The nonprofit system is committed to improving the health of Kentuckians by integrating medical research, education, technology and health care services wherever patients receive care. KentuckyOne Health has more than 200 locations including hospitals, physician groups, clinics, primary care centers, specialty institutes and home health agencies, with nearly 15,000 employees across the state of Kentucky and southern Indiana. KentuckyOne Health is the largest health system in Kentucky.