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Time is Money, That's Why CME and Premier Inc. Built a New Direct-to-Site Logistics Services Agreement

By CME Corp Staff | June 12, 2019

“Time is money for healthcare facilities, and when it comes to getting the proper equipment installed, the logistics have to be executed in the most efficient way possible,” says Tim Farinholt, Director, National Accounts for CME. “With our vast experience in outfitting hospitals from remote islands in Alaska to the towers of New York City, CME is a trusted resource for healthcare facilities tackling the most complex logistical challenges.”  

That is why it only made sense for CME to add logistics services to the existing PP-DS-084 Medical/Surgical Distribution Agreement with Premier Inc. (NASDAQ:PINC), allowing Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier.

“We are pleased to expand our relationship with Premier and to offer our elite logistics services to its members across the nation,” said K.C. Meleski, Vice President of Sales for CME. “There is tremendous synergy between our companies as we both strive to lower costs for facilities and enable better patient outcomes.”  

The expanded agreement is poised to add value for facilities that are newly constructed or expanding, particularly in suburban markets. Premier members now have access to the turn-key approach perfected by CME – covering the initial equipment purchase, tracking of the items, receiving, warehousing, staging, assembly, and delivery direct to the room – all proven to save time for facilities that are under construction and need equipment.

Studies show a delay in opening can cost hospitals up to $450,000 per day and healthcare clinics up to $120,000 per day. In addition, over 50% of new healthcare construction projects do not finish on time.  CME offers an advanced level of control and collaboration through its proprietary CME 360 software while securing compliance and performance that follows the terms and conditions of each project.

A formal press release on this partnership:

CME and Premier Inc Reach Agreement for Providing Direct to Site Logistical Services

About CME: CME Corp is the nation’s premier source for healthcare equipment, turnkey logistics, and biomedical services, representing 2 million+ products from more than 2,000 manufacturers.

With two corporate offices and 35+ service centers, our mission is to help healthcare facilities nationwide reduce the cost of the equipment they purchase, make their equipment specification, delivery, installation, and maintenance processes more efficient, and help them seamlessly launch, renovate and expand on schedule. For more information, visit our website.

About Premier Inc.:  Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,000 U.S. hospitals and health systems and approximately 165,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost.

Premier 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 TwitterFacebookLinkedInYouTubeInstagram, and Premier’s blog for more information about the company.

GPO Direct-to-Site Delivery CME360

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