Merck and Premier Inc , a leading healthcare improvement company, have agreed to collaborate on the co-development of solutions to help improve population health. Initially, the companies will focus on reducing fracture rates for at-risk osteoporosis patients.
The collaboration agreement combines expertise and assets from Merck, Premier’s performance improvement framework and analytics, Premier’s alliance of health systems, and other healthcare leaders to jointly develop and test effective solutions to help improve patient care and wellness, and lower healthcare spending.
“This strategic collaboration presents a tremendous opportunity to create solutions that accelerate change in an industry that is addressing preventative care through new patient-centric quality improvement and alternative payment models,” said Michael J. Alkire, COO of Premier. “Together, Premier and Merck will work alongside providers to develop and assess solutions that promote wellness and better care for specific groups of at-risk patients across the continuum, a central goal for all healthcare stakeholders. We are excited to begin this work and look forward to identifying opportunities to apply the insights gleaned from these initiatives.”
Goal to improve care for osteoporosis patients
There are approximately 10 million Americans with osteoporosis, of which about 80 percent are women. People with osteoporosis are at an increased risk of fractures that may impact the quality of life and may lead to hospitalization. In fact, it is estimated that osteoporosis is responsible for two million broken bones and $19 billion in U.S. healthcare costs each year. Despite these consequences, published data suggests that a substantial number of diagnosed patients are not being treated for osteoporosis.
Merck and Premier will work with the National Osteoporosis Foundation to co-develop and test performance improvement solutions, including educational initiatives that are designed to help improve the quality of care for diagnosed untreated patients at risk of osteoporotic fracture. By finding ways to better identify, assess and treat these patients at risk for fractures, this collaboration seeks to reduce the incidence and burden of osteoporotic fractures for both patients and society.
As part of the project, the organizations will work to identify a core set of metrics for osteoporosis care and fracture prevention that align with measures endorsed by the National Quality Forum, as well as other quality measures such as Physician Quality Reporting System measures. The collaboration will integrate Premier’s CECity quality improvement analytics platform, the measure set, as well as interventions for improvement such as virtual collaboration community tools and performance reports, into a cloud-based application to be automated and tested within volunteer Premier member health systems.
“Our organizations are coming together in a unique way through these initiatives, working to address serious healthcare challenges,” said Dr. Julie Gerberding, executive vice president, strategic communications, global public policy and population health at Merck. “Together, Merck and Premier have the knowledge, clinical data, experience and commitment to make a real difference in population health management and bring value to our overall healthcare system.”
Merck and Premier are currently exploring additional population health improvement projects, including an initiative to increase appropriate adult vaccination rates.
About Merck
For 125 years, Merck has been a global healthcare leader working to help the world be well. Merck is known as MSD outside the United States and Canada. Through its prescription medicines, vaccines, biologic therapies, and animal health products, Merck works with customers and operates in more than 140 countries to deliver innovative health solutions. Merck also demonstrates its commitment to increasing access to healthcare through far-reaching policies, programs and partnerships. For more information, visit www.merck.com, as well as Twitter, Facebook, YouTube and LinkedIn.
About Premier Inc.
Premier Inc is a leading healthcare improvement company, uniting an alliance of approximately 3,600 U.S. hospitals and 120,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost. Premier, a Malcolm Baldrige National Quality Award recipient, plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier’s news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn,YouTube, Instagram and Premier’s blog for more information about the company.
CONTACT:
Morgan Guthrie, Premier Inc.
Kim.bencker@pfizer.com
704.816.4152
Pamela Eisele, Merck
Pamela_Eisele@merck.com
267.305.3558
Patrick Witmer, Merck
Patrick_Witmer@merck.com
267.305.4910
Teri Loxam (Merck IR)
teri.loxam@merck.com
908.740.1986
Justin Holko (Merck IR)
justin_holko@merck.com
908.740.1879
Claire Gill, National Osteoporosis Foundation;
Claire.gill@nof.org
703.647.3025
