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Information technology services industry

Premier and Transition Systems Inc. Partner to Enhance Operational Benchmarking

Strategic Insights

— 1 min read

Premier, Inc.'s Operations Outlook has been integrated into Transition Systems Inc.'s (TSI) benchmarking product suite, offering a comprehensive comparative database subscription service. This collaboration enables healthcare organizations to access detailed productivity and financial comparative reports at hospital-wide or departmental levels, as well as specific job code levels for skill mix analyses. The integration aims to help healthcare organizations balance quality of care and cost.

Key Takeaways:

  • Premier's Operations Outlook is a comparative database subscription service that provides detailed productivity and financial comparative reports.
  • The product has been added to TSI's benchmarking product suite, which also includes Transition Perspective and Market Vantage.
  • Nearly 80 TSI facilities have already purchased Operations Outlook, anticipating participation from many other TSI customers.
  • Premier's Decision Support Services unit is an industry leader offering healthcare information solutions through comparative benchmarking and consulting.
  • TSI's transition Outlook is a tool that provides external comparisons to help healthcare organizations operate more efficiently and cost-effectively.
  • Premier is the largest healthcare alliance enterprise in the United States, with more than 215 owner systems and affiliations with 900 hospitals.
  • Transition Systems Inc. provides leading-edge management information technology to over 1,000 healthcare organizations in the United States and abroad.

Statistics:

  • Over 800 institutions are owned or operated by Premier's 215 owner systems.
  • More than 1,000 healthcare organizations globally use TSI's software to improve clinical and financial performance.
  • Premier maintains offices in Charlotte, N.C.; Chicago, Ill.; San Diego, Calif.; and Washington, D.C.
  • TSI is listed and traded on the Nasdaq National Market under the symbol "TSIX."

Sources:

  • Premier, Inc. press release, September 14, 1998, PRNewswire.
  • Transition Systems Inc. (TSI, Nasdaq: TSIX) information.

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