Bayhealth Extends Supply Chain Partnership with Premier Inc., Achieving $8M First-Year Savings

Reuters
2025/06/10
Bayhealth Extends Supply Chain Partnership with <a href="https://laohu8.com/S/PINC">Premier Inc.</a>, Achieving $8M First-Year Savings

Bayhealth and Premier Inc. have announced the extension of their supply chain partnership, which has already achieved $8 million in savings in its first year. Facing challenges such as staffing shortages and fragmented data, Bayhealth improved inventory optimization and cost management through Premier's co-management model. The partnership, which began with Bayhealth as a Premier group purchasing organization (GPO) member in 1996, has evolved into a strategic collaboration focused on supply chain performance improvement. With the recent contract renewal, Premier's embedded team has expanded to 23.5 full-time experts, tasked with overseeing end-to-end supply chain functions for Bayhealth, central and southern Delaware's largest healthcare system. This extended partnership, set to run through 2028, aims to continuously optimize costs and enhance supply chain resilience.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Premier Inc. published the original content used to generate this news brief on June 09, 2025, and is solely responsible for the information contained therein.

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